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Bloomberg reports that when Starbucks released its quarterly numbers yesterday, one of the interesting things it said was that "mobile payments accounted for 25 percent of domestic transactions, up from 20 percent a year ago."

Revenue climbed 16 percent to $5.71 billion in Starbucks’s fiscal fourth quarter, while same-store sales in the Americas region was up five percent and global same-store sales were up four percent for the quarter. Q4 profit was up 23 percent to $801 million.


• The Associated Press reports that CVS Health is letting go about 600 employees, mostly from corporate offices in three states, as it "streamlines operations."

The company currently employs about a quarter of a million people across the country.
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