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On March 23, 2023, Narasimhan told employees that he would work a half-day behind a store counter each month, and he trained as a barista to immerse himself in the brand and stay close to customers. [73] In June 2023, Starbucks was ordered to pay $25 million in punitive damages and $600,000 compensatory damages to a former regional manager.
On March 3, 2020, the Federal Reserve lowered target interest rates from 1.75% to 1.25%, [277] the largest emergency rate cut since the 2008 global financial crisis, [278] in an attempt to counteract the outbreak's effect on the American economy. [279]
On July 14, 1938, Hughes set another record by completing a flight around the world in just 91 hours (three days, 19 hours, 17 minutes), [36] beating the previous record of 186 hours (seven days, 18 hours, 49 minutes) set in 1933 by Wiley Post in a single-engine Lockheed Vega by almost four days. Hughes returned home ahead of photographs of his ...