PRESS DIGEST - Wall Street Journal - April 30

Reuters
Yesterday
PRESS DIGEST - Wall Street Journal - April 30

April 30 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Starbucks SBUX.O said a new technology pilot at dozens of U.S. cafes has cut average beverage preparation time by two minutes, as the coffee chain plans to expand the initiative to hundreds more of its 10,000 U.S. locations by fall.

- Amazon.com AMZN.O scrapped a plan to show how tariffs would raise prices on its budget shopping site Haul after U.S. President Donald Trump contacted founder Jeff Bezos and the White House called it a "hostile and political" move.

- United Parcel Service UPS.N will cut 20,000 operational jobs and close 73 leased and owned facilities this year to reduce costs after scaling back package deliveries for Amazon, its largest customer.

- A California federal judge ruled that the Trump administration must continue funding lawyers for unaccompanied migrant children, after nonprofits sued over the March termination of a contract providing congressionally approved funds.

- U.S. President Donald Trump is urging Egypt to pay the United States for its military efforts to secure shipping routes to the Suez Canal, putting the financially strained country in a tough political spot.

- The Trump administration has dismissed scientists and researchers working on the National Climate Assessment, prompting concerns from climate scientists and environmental groups as the government cites a need to reassess its approach.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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