| Starbucks to close 300 stores as profit tumbles |
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Starbucks Corp. said Wednesday its fiscal first-quarter profit and sales fell short of Wall Street's forecast. The high-end coffee chain also announced 6,700 new job cuts as a weak economy weighed on sales. Read more at: http://rss.cnn.com/~r/rss/money_latest/~3/FRbkSk0y040/index.htm. |
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