Starbucks CEO faces backlash over $9 coffee remark amid cost crisis

Starbucks CEO Brian Niccol faces criticism for calling a $9 coffee an 'affordable luxury' amid a cost-of-living crisis. Niccol, who joined in 2024, earned $96 million in his first four months, making 6,666 times more than the average employee. His comments highlight the growing divide in the economy as many Australians struggle financially.

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