Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Starbucks is reeling from the coffee cup shortage caused by labor shortages at domestic paper mills and weather-related resin production delays in Texas, prompting it to plan to serve coffee in unbranded cups.
Worker shortages are also hindering the production of plastic cups and lids.
A Starbucks spokesperson confirmed that select stores are experiencing a temporary shortage of hot cups and may serve beverages in unbranded cups.
The spokesperson apologized for the inconvenience and assured that it is working quickly and closely with their supply chain vendors to restock items as soon as possible.
Starbucks also noted that leftover holiday cups, which would normally be pulled by this time, are helping to fill shortages.
The problem occurred at a time when the pandemic caused demand for takeout packaging like disposable cups to surge, increasing its prices.
.
According to Khari Parker, co-owner of Connie's Chicken and Waffles in Baltimore, he was paying 70 percent more for cups than he was last year.
