MOSCOW (AP) — People in Moscow who were disappointed when Starbucks closed its coffee shops after Russia sent troops into Ukraine may now feel a caffeine jolt of hope: A nearly identical operation is opening in the capital. The name’s almost the same: Stars Coffee. The logo could be the separated-at-birth twin of the Starbucks…
LONDON (AP) — Thousands of train workers in Britain staged a new round of strikes Thursday, paralyzing rail service across the country in an escalating dispute over pay and working conditions exacerbated by a deepening cost-of-living crisis. Only around one in five trains ran across the U.K. as a result of the walkout by union…
When Phyllis Glink took a job at the Irving Harris Foundation 26 years ago, “we were by far the biggest funders in early childhood because there weren’t that many of us,” she recalls. A group of maybe a dozen foundations interested in early-childhood issues would sometimes gather informally to talk about their work. A lot…
Kohl’s on Thursday slashed its sales and profit expectations for the year, a result of its stepped up price cutting to shed unwanted merchandise. The department store chain also cut back on orders ahead of the critical holiday period, spooking investors and sending shares down almost 8%. The news from Kohl’s capped a heavy week…
LOS ANGELES (AP) — The housing market’s comedown from its high-flying days early this year is deepening, with home sales in July falling for the sixth straight month. Sharply higher mortgage rates, surging inflation and prices that remain near all-time highs are making homes less affordable. Sales fell 20.2% from July last year, reaching the…
WASHINGTON (AP) — Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending August 13 fell by 2,000 to 250,000, the Labor Department reported Thursday. Last week’s number, which raised…
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday lowered its key interest rate despite inflation surging to nearly 80% and making it difficult for people to buy what they need, falling in line with the unorthodox economic views of the country’s president. In a statement following a monetary policy committee meeting, the bank said…
PARIS (AP) — A violent thunderstorm hit the French island of Corsica on Thursday morning, leaving three people dead and a dozen others injured, local authorities said. A 13-year-old girl died after a tree fell in a campsite in the coastal town of Sagone, the Corsica prefecture said in a statement. A 72-year-old woman was…
BERLIN (AP) — Germany will temporarily lower taxes on natural gas to ease the pressures on people struggling with soaring energy costs fueled by Russia’s war on Ukraine, German Chancellor Olaf Scholz said Thursday. The announcement at a hastily convened news conference in Berlin comes a day after Scholz met with hostile protests during a…
OMAHA, Neb. (AP) — After Terrence Hersey had a stroke on the way home from his railroad job in 2015, he underwent months of therapy to learn how to put words together in sentences and learn to walk again. He had to relearn how to get in and out of a car and how to…
