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Starbucks investors urge company to restart union talks

(Reuters) -Long-term Starbucks shareholders have written to the company to resume talks with its workers union to discuss staffing, wages and other issues, a letter posted Thursday on the New York City Comptroller’s website showed. The letter, signed by Comptroller Brad Lander, Trillium Asset ...
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UBS lifts global equities view to ‘attractive’ on AI boost

By Joel Jose (Reuters) -UBS Global Wealth Management upgraded its stance on global equities to “attractive”, citing expected productivity gains from AI spending and a supportive policy backdrop.”Structural trends remain firmly in place. The wave of strategic partnerships among leading AI players reinforces our ...
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Bob Myers joins Harris Blitzer Sports & Entertainment as president, leaving ESPN role

CAMDEN, N.J. (AP) — Bob Myers was announced Friday as president of Harris Blitzer Sports & Entertainment, a move that sends the two-time NBA executive of the year as general manager of the Golden State Warriors back into sports management. Josh Harris and David Blitzer, ...
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Apple’s new five-year deal with Formula 1: What it means for US fans

Formula 1 announced a five-year deal Friday with Apple, which will be the global motorsports series’ U.S. broadcast partner beginning next season. ESPN had been the broadcast partner since 2018 and through the explosion of popularity of F1 in the United States, but notified the ...
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After billions in failed big bets, funders and schools are turning to this small education nonprofit

Education is the civil rights issue of our time. That’s what Leslie Cornfeld decided after a decade advising New York City Mayor Michael Bloomberg and President Obama’s two education secretaries — and seeing how few low-income students went to the universities that lead to ...
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Throwback styles meet modern tech for a retro revival in our living rooms

It might start with a cassette deck that streams Spotify and charges your phone. It doesn’t have to stop there. These days, yesterday is big business. A retro revival is underway in the design world: mushroom-shaped lamps, walnut stereo consoles, daisy dishware, neon Polaroid ...
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Regulations to drive a green transition in shipping hang in the balance, US pushes against change

The world’s largest maritime nations were deliberating Friday on regulations that would move the shipping industry away from fossil fuels to slash emissions as U.S. President Donald Trump and others vowed to fight any global tax on shipping emissions. On Thursday, United States President Donald ...
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Tests coming for rocky market from Tesla, Netflix and delayed CPI report

By Lewis Krauskopf NEW YORK (Reuters) -Earnings reports from companies led by Tesla and Netflix will provide a deeper look at U.S. corporate profits in the coming week, and a delayed U.S. inflation release will mark another test for the stock market, which has become ...
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Xiaomi shares post worst week in 3-1/2 years as accidents stoke EV safety concerns

BEIJING (Reuters) -Shares of Chinese EV maker Xiaomi suffered their biggest weekly loss in more than 3-1/2 years on Friday, after media reported two separate accidents involving its best-selling model this week. Xiaomi shares ended the day 3.7% lower at HK$45.96 ($5.92), the lowest close ...
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Car equipment supplier Autoliv beats operating profit estimates in third quarter

(Reuters) -Autoliv, the world’s largest producer of airbags and seatbelts, reported a third-quarter adjusted operating profit above market expectations on Friday and said it had recovered around 75% of the tariff-related costs in the quarter. Adjusted operating profit grew to $271 million in the quarter, ...
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Jefferies says fund tied to First Brands collapse separate from investment banking

(Reuters) -Jefferies’ fund caught up in the collapse of auto parts maker First Brands is separate from its investment banking business, its top executives said at the bank’s investor day. “The Point Bonita fund in asset management sits absolutely separate, distinct and ...
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Morning Bid: Credit risk is alive and well

By Anna Szymanski LONDON (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!  Global equities are being weighed down this morning by weakness in U.S. ...
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