I wonder though what Kanye would say about this?
Perhaps he would say it was their choice to be arrested?
Nonetheless, Starbucks CEO Kevin Johnson came to Philadelphia to apologize to the men. He announced that more than 8,000 Starbucks stores in the U.S. would close on the afternoon of May 29 so 175,000 employees can be trained on unconscious bias.
ETFs with Largest Exposure to Starbucks React
Let’s take a look at how ETFs with Starbucks are doing Wednesday at 3 p.m. Eastern time.
iShares Evolved U.S. Consumer Staples ETF Consumer Staples Equities (IECS) with a 3.58% holding of Starbucks down 0.18% and Consumer Discretionary Select Sector SPDR Fund Consumer Discretionary Equities (XLY) with a 2.79% holding down 0.21 %.