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Starbucks 2Q profit drops 77 percent on charges

Apr. 29, 2009
Starbucks Corp. said Wednesday its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related mainly to the closure of 123 U.S. cafes. Seattle-based Starbucks said that, for the quarter ended March 29, its net income fell to $...
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Youngsters compete in Scripps National Spelling Bee
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Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler