Starbucks to Make Announcement on Single-Serve Coffee

Starbucks (SBUX) said it will soon make a major announcement about a new product for the single-serve market.

The company is preparing for the expiration of its agreement with Kraft Foods (KFT), Reuters reported. Under the terms of the agreement, whi…

Chipotle Fires Hundreds of Workers Amid Immigration Probe

Chipotle (CMG), the chain restaurant serving Mexican food, fired hundreds of workers in Minnesota after receiving notice from Immigration and Customs Enforcement that they had “suspect documents.”

The ICE began its probe of Chipotle in Minnesota, wher…

McDonald’s to Boost Prices on Some Menu Items

McDonald’s will increase prices on some items in the U.S. this year in response to rising commodity prices that are boosting food costs, Chicago Breaking Business reported, citing remarks the company made on its earnings confer…