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Big Starbucks promotion roiled by union walkout of 'thousands'
Big Starbucks promotion roiled by union walkout of 'thousands'
by  AFP

Worker activists at Starbucks called for a strike at unionized coffee shops in the United States on Thursday as the labor group seeks to pressure the coffee giant on stalled contract talks. About 360 Starbucks locations with more than 9,000 employees have voted to unionize in the United States, where the company has more than 10,000 company-owned stores.

Biden hosts APEC summit after signaling calmer US-China ties
Biden hosts APEC summit after signaling calmer US-China ties
by  AFP

Promoting trade, protecting supply chains and fighting the climate crisis will feature at the APEC summit of Pacific rim powers opening Thursday in San Francisco after President Joe Biden and his Chinese counterpart Xi Jinping helped settle regional nerves by agreeing to dial down tensions.

US Fed governor says a 'soft landing' is possible
US Fed governor says a 'soft landing' is possible
by  AFP

The US Federal Reserve may be on track to bring down inflation while avoiding a damaging recession, a senior policymaker said Thursday. "I continue to expect that we will need to increase the federal funds rate further to bring inflation down to our two percent target in a timely way," Bowman told a conference in Ohio earlier this month.

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