McDonald's Corp is muscling in on business from other fast-food chains and turning up the heat on coffee chain Starbucks Corp by expanding its lower-priced roster of competing drinks.
McDonald's Corp reported a better-than-expected quarterly profit as its coffee business boosted U.S. sales, and the hamburger chain said its global sales momentum was continuing into April.
Heavy velvet curtains, indie movie nights, single-origin coffees, wine and beer, mouth-watering organic pastries and gourmet cheese and meat plates -- this is Starbucks?
The leaner Starbucks Corp that emerged after months of slashing costs is dripping with enough cash to make its first-ever dividend or a share buyback likely, analysts and investors told Reuters.
In an effort to boost global coffee demand and price increase, Vietnam said it plans to stockpile the commodity in a large scale. According to country's Agriculture and Rural Development ministry, a plan to extend subsidised loans at 6 percent interest for companies to buy and stockpile coffee at 1.24 dollars per kilogram was awaiting government approval.
With stomach irritation preventing almost 2 out of every 10 people from enjoying coffee, scientists today reported discovery of several substances that may be among the culprits responsible for brewing up heartburn and stomach pain in every cup.
Starbucks Corp said that its cafes in UK and Japan will soon sell its Via instant coffee, which helped boost same-store sales at U.S. outlets in the latest quarter.
Starbucks Corp, responding to customer demand for larger cold beverages, is selling 31-ounce (916.8 ml) iced teas and iced coffees in Phoenix and Tampa as part of a limited market test, the coffee chain said on Tuesday.
Torrential rains in large parts of Uganda should boost this season's coffee output, a senior official with a farmers' organization said on Tuesday.
Burger King Holdings Inc will sell Starbucks Corp's Seattle's Best Coffee at its U.S. restaurants by autumn, as it revamps its morning menu and responds to the successful launch of McCafe coffee by McDonald's Corp .
Climate change has affected Kenyan coffee production through unpredictable rainfall patterns and excessive droughts, making crop management and disease control a nightmare, a researcher said on Thursday.
Starbucks Corp said it struck a deal with Swedish-Danish dairy products cooperative Arla Foods to foray into the European ready-to-drink coffee market.
Starbucks Corp posted its first quarterly rise in U.S. same-store sales in more than two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
Green Mountain Coffee Roasters Inc (GMCR.O) voluntarily withdrew its filing with the antitrust division of the Federal Trade Commission regarding its purchase of Diedrich Coffee Inc (DDRX.O) after consultation with the regulator.
Coffee, tea, or decaf-no matter what your choice, drinking any of these beverages may reduce your risk of diabetes, according to a new analysis of 18 studies including hundreds of thousands of people.
Peet's Coffee & Tea Inc said it was yet to receive a notice from Diedrich Coffee Inc, terming Green Mountain Coffee Roasters Inc's latest offer as being superior to its bid.
Peet's Coffee & Tea on Monday raised for the second time in two weeks its cash-and-stock offer to buy Diedrich Coffee Inc.
Diedrich Coffee Inc said it determined Green Mountain Coffee Roasters Inc's enhanced offer is superior to Peet's Coffee & Tea Inc's bid.
Green Mountain Coffee Roasters Inc raised its all-cash offer to buy Diedrich Coffee Inc by $2 a share, overshadowing rival Peet's Coffee & Tea Inc's enhanced bid.
Gourmet coffee chain Peet's Coffee & Tea Inc increased its cash-and-stock offer to acquire Diedrich Coffee Inc by $53 million to ward off competition from rival Green Mountain Coffee Roaster Inc.
J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit view, sending its shares to a new 52-week high.
J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit outlook, sending its shares up 5 percent.