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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
January 29, 2009
NEW YORK — Starbucks Corp. said nearly 7,000 employees may lose their jobs due to a new round of store closures and cost cuts as it reported Wednesday that its profit dropped 69 percent in its fiscal first quarter.
The company plans to close 300 underperforming stores around the world....
