Starbucks Corp CEO Howard Schultz, decrying a lack of leadership in Washington, said his chain of coffee shops is helping to launch a nationwide fund designed to stimulate U.S. job creation.
The fund, seeded with a $5 million donation from the Starbucks Foundation, is a partnership with a group of private financial institutions that normally provide affordable loans to low-income people and communities.
As of November 1, the fund will accept donations at CreateJobsforUSA.org and at Starbucks cafes in the US. Donors who give $5 or more will get a wristband inscribed with the word “Indivisible.”
(READ the story from Reuters)