Starbucks launches new app for iPhone Starbucks announced upcoming enhancements to its mobile app for iPhone, which will extend allow customers to recognize Starbucks employees with a tip directly from the Starbucks App for iPhone. The new mobile app includes digital tipping, digital receipts, streamlined user experience and “Shake to Pay” functionality.
EU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link