Pursuits

Starbucks’s Schultz to Expand Jobs Fund After Raising $2 Million

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Starbucks Corp., the world’s largest coffee-shop chain, said it will expand its jobs fund and enlist fellow companies to collect donations and promote the campaign.

“Washington is not doing enough,” so businesses have to “step up,” Chief Executive Officer Howard Schultz said yesterday in a telephone interview. Customers of the Seattle-based company have given about $2 million to Create Jobs for USA since it was created last year. The Starbucks Foundation seeded the fund with $5 million to finance loans to small businesses.