Starbucks Corporation (Nasdaq:SBUX) today announced it will write down its equity investment in Living.com as a result of the recent announcement that Living.com intends to file for Chapter 7 bankruptcy. Starbucks will record a pre-tax non-cash charge of $20.6 million representing 100 percent of the carrying value, which will be reflected in its financial results for the thirteen-week period ending October 1, 2000.