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Starbucks union baristas to walk out in 40 cities in push for contract talks

(Reuters) -More than 1,000 Starbucks unionized baristas in over 40 U.S. cities launched an open-ended strike on Thursday, the union said, escalating their push for a collective bargaining agreement over pay and other benefits at the coffee giant. The walkout, which the union said will ...
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Morning Bid: Fed cut now a coin toss

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With the U.S. government now reopening after a six-week hiatus, market attention switches to the release of delayed economic data over the next week, as the bar for another ...
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Top Democrats slam Trump for delaying export curbs on China

By Alexandra Alper WASHINGTON (Reuters) -Top Senate Democrats including Senate Minority Leader Chuck Schumer took aim at the Trump administration on Wednesday for suspending a measure that blocked thousands of Chinese companies from accessing U.S. technology in the last round of trade talks with Beijing, ...
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Democrats more energized for 2026 elections than Republicans, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON (Reuters) -Democrats appear more fired up than Republicans about voting in next year's congressional elections following the party's victories in recent state and local contests, according to a new Reuters/Ipsos poll, which showed Republican President Donald Trump's approval steady at 40%. The ...
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Regional Fed banks could be next front in Trump’s pressure campaign

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The historically routine process of reappointing the Federal Reserve's 12 regional bank presidents is being watched for signs of becoming the newest challenge to the U.S. central bank's independence, as President Donald Trump seeks more influence over ...
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USDA data blackout fuels uncertainty ahead of upcoming crop report

By Karl Plume and Julie Ingwersen CHICAGO (Reuters) -A crop data blackout during the longest-ever U.S. government shutdown has led to the widest range of analyst estimates in a decade for corn and soybean yields, as an information vacuum at harvest time and during critical ...
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Federal workers question whether the longest government shutdown was worth their sacrifice

WASHINGTON (AP) - Jessica Sweet spent the federal government shutdown cutting back. To make ends meet, the Social Security claims specialist drank only one coffee a day, skipped meals, cut down on groceries and deferred paying some household bills. She racked up spending on ...
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Tencent’s quarterly growth beats expectations on gaming demand, AI services

By Liam Mo and Brenda Goh BEIJING (Reuters) -Tencent reported a third-quarter revenue growth of 15% on Thursday, as China's largest social media and gaming company benefited from strong gaming demand and expanding AI-driven services. The Shenzhen-based technology company posted revenue of 192.9 billion yuan ($27.08 ...
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German court rejects shareholders’ bid for more of Wirecard insolvency spoils

KARLSRUHE, Germany (Reuters) -A German high court rejected a claim from shareholders in defunct payments company Wirecard who were seeking a bigger share of the firm's remaining assets. The company collapsed in 2022 in the country's biggest post-war fraud after conceding that 1.9 billion euros ...
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Exclusive-China’s securities regulatory chief seeks approval to step down, sources say

(Reuters) -China's securities watchdog chief, Wu Qing, has sought approval to step down, sources with knowledge of the matter said, in what would be an abrupt and unexpected exit for a regulatory head brought in last year to stabilise the country's stock markets. Wu, who ...
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With markets underpricing risk, Europe must not ease bank regulation, ECB argues

FRANKFURT (Reuters) -Financial markets are underpricing geopolitical risks and nearly all euro zone banks are exposed to some extent, so weakening regulation now could jeopardize the sector's viability in the longer run, ECB supervisory chief Claudia Buch said on Thursday. U.S. officials are working on ...
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UK growth slows down to a crawl in Q3 ahead of crucial budget

LONDON (AP) - Economic growth in the U.K. slowed down to a near standstill in the third quarter of the year, official figures showed Thursday, in what is a blow to the British government less than two weeks ahead of a crucial budget that ...
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