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Starbucks Boosts Pay Following Tax Break

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Starbucks Corp (SBUX.O) will use some of the savings from the new U.S. corporate tax cuts to give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million, the company said on Wednesday. With the announcement, the world’s biggest coffee chain joins companies like Walmart (WMT.N), Apple Inc APPL.O, Comcast Corp (CMCSA.O) and American Airlines Group Inc (AAL.O) in sharing tax savings with employees.

Added on the 24/01/2018 20:54:54 - Copyright : Wochit

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