Newsweek

Why Howard Schultz's 2020 Bid Is Bombing

Schultz should consider and learn from another iconic business leader from the Pacific Northwest: New Deal–era industrialist Henry Kaiser.
PER_Schultz_01_1090596514_banner
PER_Schultz_01_1090596514_banner

Howard Schultz and his potential presidential campaign are fizzling as fast as the ill-fated Maple Macchiato.

With widespread ridicule of his rollout and favorability ratings in the low single digits, the former Starbucks chairman, like the failed coffeehouse concoction, is chock-full of conflicting ingredients.

First, Schultz is offering one of the oldest propositions in politics: A superstar CEO will "run America like a business." That pitch propelled Donald Trump and offered rationales for other business leaders who have sought

You’re reading a preview, subscribe to read more.

More from Newsweek

Newsweek1 min read
Flood Hopes Stall
Young men inspect the wreck of a vehicle among piles of debris swept along by waters in the village of Kamuchiri, located roughly 30 miles northwest of Kenyan capital Nairobi, on April 29 amid torrential rain and flash floods. Officials said at least
Newsweek14 min readWorld
Trouble in Paradise
ON A CARIBBEAN ISLAND JUST 220 miles from the shore of the U.S. Virgin Islands, a black-clad Chinese security guard swept an arm at more than a thousand acres of woodland and a glittering, aqua-green marine reserve beyond. “It’s like a small country,
Newsweek1 min read
The Archives
“At midnight on June 30, after 156 years of British rule, Hong Kong returns to China,” Newsweek wrote. “Hong Kong is one of the world’s freest places—free not just in its exuberant markets but liberated also in the attitudes of its people.” Despite a

Related Books & Audiobooks