Starbucks starts fund to spur U.S. job creation

Starbucks Corp. CEO Howard Schultz, decrying a lack of leadership in Washington, said his chain of coffee shops is helping to launch a nationwide fund designed to stimulate U.S. job creation.

Starbucks introduced on Monday the "Create Jobs for USA" fund in partnership with Opportunity Finance Network (OFN), a group of private financial institutions that provide affordable loans to low-income people and communities.