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Consumer Corner: Foreclosure settlement no magic bullet for economy
SEATTLE, Aug. 30 (UPI) -- Starbucks will have plenty of U.S. competition when it opens its first coffee shop in Russia next month.
Russia's biggest cities boast hundreds of Western-style restaurants, including many coffee houses, but this will be a first for Starbucks, currently doing business in 39 countries, The Seattle Times said Thursday.
The mall near Moscow where Starbucks plans to open its first shop has five other cafes, including the popular Russian chains Shokoladnitsa and Coffee House, the Times said. Some sell sushi and alcoholic beverages.
Starbucks is late to Russia partly because of a long-running trademark dispute with a Moscow lawyer, the company said. The Seattle-based chain entered the Chinese market eight years ago and has shops in Indonesia, Brazil, Japan and the Philippines, among others.
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WASHINGTON, Feb. 14 (UPI) --
The United States is moving closer to tapping into one of the more productive forms of clean energy by opening the door to offshore wind, the NWF said.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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