Alina Selyuk

Starbucks plans to cut 900 corporate jobs, which is the second wave of layoffs for the company following 1,100 job cuts earlier this year.

CEO Brian Nicol has said the cost cuts are needed to redirect more money towards stores, which the company is trying to upgrade to keep people coming in more often and staying longer.

The chain has been adding more baristas for busy hours, cutting back the menu options and revamping the ambiance.

Nicol says the latest review found many stores where such upgrades are not feasible and those stores will close.

Starbucks didn't say exactly how many, but cited 1% of its North American fleet, which could be at least 200 locations.

Alina Selyuk, NPR News.

Many American small business owners have been on a roller coaster of tariff-related feelings. Worry, confusion, anxiety. Now there are new emotions. I feel a lot of relief and hope. Sarah Wells from Virginia sells breast pump backpacks and other maternity accessories. We still have some work going on in the court system in terms of the appeal, so I'm very cautiously optimistic at this point.

Many American small business owners have been on a roller coaster of tariff-related feelings. Worry, confusion, anxiety. Now there are new emotions. I feel a lot of relief and hope. Sarah Wells from Virginia sells breast pump backpacks and other maternity accessories. We still have some work going on in the court system in terms of the appeal, so I'm very cautiously optimistic at this point.

She had a shipment from China that was already en route when the tariffs started escalating, costing her an unexpected $15,000 at customs. She has now canceled all her orders from China and set up some operations in Cambodia. Alina Selou, NPR News.

She had a shipment from China that was already en route when the tariffs started escalating, costing her an unexpected $15,000 at customs. She has now canceled all her orders from China and set up some operations in Cambodia. Alina Selou, NPR News.

Home Depot executives on their latest earnings call say they do not expect to raise prices across the board. Instead, some items may face individual price increases or some product options may have to change or disappear if the tariff costs become too much.

Home Depot executives on their latest earnings call say they do not expect to raise prices across the board. Instead, some items may face individual price increases or some product options may have to change or disappear if the tariff costs become too much.

This comes only days after Walmart said that its margins were too narrow to absorb President Trump's sweeping tariffs and the chain will have to start raising prices as soon as this month. A growing list of brands and companies have said this, including Best Buy, Mattel and Procter & Gamble.

This comes only days after Walmart said that its margins were too narrow to absorb President Trump's sweeping tariffs and the chain will have to start raising prices as soon as this month. A growing list of brands and companies have said this, including Best Buy, Mattel and Procter & Gamble.

Home Depot says more than half of its products already come from the U.S., and its suppliers have diversified so much that by mid-next year, no more than 10 percent of products will come from any one foreign country. Alina Seluk, NPR News.

Home Depot says more than half of its products already come from the U.S., and its suppliers have diversified so much that by mid-next year, no more than 10 percent of products will come from any one foreign country. Alina Seluk, NPR News.

This is the first wave of corporate earnings reports since President Trump imposed sweeping new tariffs on global imports and especially Chinese goods. And consumer conglomerates are starting to get specific about impacts. Kimberly-Clark, which makes Kleenex and Huggies, says tariffs are expected to add $300 million in new costs.

This is the first wave of corporate earnings reports since President Trump imposed sweeping new tariffs on global imports and especially Chinese goods. And consumer conglomerates are starting to get specific about impacts. Kimberly-Clark, which makes Kleenex and Huggies, says tariffs are expected to add $300 million in new costs.

Procter & Gamble, maker of Tide, Pampers and Charmin, says it may have to raise prices. Chipotle says customers tell the company they are visiting less because they're saving money out of caution. As Colgate-Palmolive CEO put it, quote, uncertainty creates a pensive and anxious consumer. And when you have uncertainty, consumers tend to hunker down. Alina Selouh, NPR News.

Procter & Gamble, maker of Tide, Pampers and Charmin, says it may have to raise prices. Chipotle says customers tell the company they are visiting less because they're saving money out of caution. As Colgate-Palmolive CEO put it, quote, uncertainty creates a pensive and anxious consumer. And when you have uncertainty, consumers tend to hunker down. Alina Selouh, NPR News.