Category Archives: Stocks

The History of Starbucks

Starbucks was started by Jerry Baldwin, Zev Siegl, and Gordon Bowker. The company opened its doors on March 30, 1971. The three got the idea to sell high quality roasted beans and equipment from Alfred Peet after he showed them how he roasted his beans. Starbucks would eventually buy Peet’s from Alfred. The founders ended up selling the company to a former employee Howard Schlutz, he took the company and ran with it and turned Starbucks into what it is today. When Starbucks first started the market for premium coffee was only 3% after a few years it increased to 10%. Starbucks capitalized on a premium coffee trend before other coffee houses had any clue what was happening. Read about the history of Starbucks. Click the link.

The History of Thomson Reuters Corporation

Thomson and Reuters was at one time, two separate companies that one day merged. Thomson was started in 1934 as a publisher of a newspaper. Reuters was started in 1851 by Paul Julius Reuter.