New York Court Rules Starbucks Supervisors Do Not Share Tips
The New York Court of Appeals ruled that shift supervisors at Starbucks are eligible for tip sharing while assistant managers are not. The decision upholds Starbucks policy of pooling tips among eligible staff, affecting about 42,000 New York businesses and up to 250,000 hospitality workers in the state. The ruling hinges on whether employees exercise meaningful authority over subordinates.
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U.S
Console Makers Prepare New Generations Ahead of Holidays
Microsoft and Sony plan to launch next generation Xbox and PlayStation consoles before the holiday season, signaling a transition period for the video game industry. While initial sales may dip as customers buy new systems, publishers like Activision Blizzard and Electronic Arts could gain longer term from higher margins despite higher development costs, says Morningstar analyst Carl Lanphier. Analysts highlight several appealing stocks despite recent gains.
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Sony
Activision Blizzard
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Morningstar
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Rural Radio to Launch on SiriusXM Channel 80
Rural Radio debuts July 15 on SiriusXM channel 80 with an all-day August 3 launch party at the Indianapolis Motor Speedway aiming to set a Guinness World Record for a Parade of Pickup Trucks. The new channel will cover rural life, western lifestyle, agribusiness, markets, entertainment, and rodeo. Veteran farm broadcasters Mark Oppold and Janet Adkinson will anchor three weekday shows.
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Omaha
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Indianapolis Motor Speedway
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Janet Adkinson
Oil dips below 95 a barrel as market awaits U.S. report
Oil prices eased under 95 dollars a barrel with benchmark crude at 94.58 in Asian trading as traders awaited the U.S. Energy Department weekly oil and gasoline stocks report. Brent fell to 100.90 while traders cite ample supplies amid tepid demand and Middle East war concerns.
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U.S
New York Mercantile Exchange
Carl Larry
U.S. Energy Department
Larry
Syria
Middle East
Canada
Brent
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