Starbucks will close all U.S. stores on May 29 for 'racial-bias education'

Starbucks (SBUX) said it would close all of its U.S. stores on the afternoon of May 29 for racial-bias education for its employees, the company said in a statement.

The coffee giant has come under pressure following the arrest of two black men on Thursday in one of its Philadelphia stores. The store manager whose phone call resulted in the arrests has left the company.