Starbucks CEO Kevin Johnson: "Starbucks will continue to take actions that stem from this incident to repair and reaffirm our values and vision for the kind of company we want to be"

As we detailed earlier, less than  three weeks after two black men were arrested in a Philadelphia Starbucks after not ordering anything - causing uproar across the US over accusations of racial profiling - The Associated Press reports that they have settled with the city for a symbolic $1 each Wednesday and a promise from officials to set up a $200,000 program for young entrepreneurs.

The men's lawyer and Mayor Jim Kenney outlined the agreement to The Associated Press.

"I am pleased to have resolved the potential claims against the city in this productive manner," Kenney said. "This was an incident that evoked a lot of pain in our city and put us under a national spotlight for unwanted reasons."