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In a letter to employees on Monday, CEO Howard Schultz said the coffee chain will increase base pay for U.S. employees and managers at company-operated stores by at least 5 percent starting Oct. 3.

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The coffee company's chief executive, Howard Schultz, conscripted "countless low wage workers into the austerity army" in asking his Washington, D.C.-area employees to promote the billionaire-backed Fix the Debt campaign by scrawling the words "Come Together" on customers' cups.

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