More cuts on Starbucks menu as profit falls (Reuters)

A pedestrian passes a branch of Starbucks Coffee, in central London November 25, 2008. (Toby Melville/Reuters)Reuters – Starbucks Corp quarterly profit fell more than expected as sales at established U.S. stores tumbled 10 percent, and the company said it will close 300 more coffee shops and slash as many as 6,700 jobs.

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