Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Starbucks Coffee Company is facing a lawsuit after the local government of New York City lodged a complaint against it. The officials said that the coffee chain illegally fired its barista without valid cause.
The fired barista has already been working for a long time at a Starbucks outlet in Queens, an NYC borough on Long Island. He is also a union organizer that has been leading his co-workers to unionize.
For the termination of the barista, NYC sued Starbucks citing “wrongful termination.” Fox Business reported that in the filing, the Department of Consumer and Worker Protection (DCWP) said that Austin Locke lost his job in July and alleged that the Seattle-headquartered coffee chain did it without any acceptable reason.
They also pointed out that Locke was fired less than a month after staff at the Astoria location voted to unionize. The department said that it would sue the company for breaching the territory’s "just cause" protections against wrongful termination which is covered under New York City Fair Workweek Law.
This particular law states that fast-food employers in New York are prohibited from terminating employees who have completed a 30-day probation period. They can only do so for “just cause or a bona fide economic reason."
Moreover, when staff is discharged or his/her working hours is cut down by 15% or more, the employer is duty-bound to advise the employee about the discharge. The employer must give notice within five days, and it should include a proper explanation of why he or she is being let go. Vilda Vera Mayuga, the DCWP Commissioner, said that because Starbucks failed to follow the said rule, it violated the Fair Workweek Law and its offenses were unacceptable.
"As we approach Labor Day, it’s important to remember that workers are the backbone of our city and deserve the right to organize to promote safer and fairer work practices," Mayuga said in a statement.
Finally, while the DCWP said it would continue to fight to have Locke rehired at Starbucks, the company announced it is prepared to fight the allegations.
