Savings Adventure: In Search of Amazing Asian Sodas and Drinks
Bored with ordinary Coke, iced tea and Red Bull? Asian markets offer a wide selection of teas, sodas and juices that'll challenge your taste buds without hurting your wallet.
beverages
Coca-Cola Per-Share Earnings Fall 13% in Q1
Coca Cola reports it earned $1.75 billion, or 39 cents a share, for the period ended March 29, down from $2.1 billion, or 45 cents a share, a year earlier.
Thanks for the Smoothie Business Boost, McDonald's
With McDonald's and Starbucks both trying to suck up Jamba Juice's smoothie business, some investors might have worried about how the smaller chain would compete. But as its latest positive profit report shows, the competition has turned out to be healthy for Jamba.
Coffee Still Reigns as U.S. Java King
Despite the specialty-coffee craze for lattes, cappuccinos and other blended and frozen drinks, most consumers still get their caffeine fix from a regular cup of coffee, according to a new survey by Technomic.
Caffeinated Alcoholic Beverages Go Green: Recycler Turns Them Into Ethanol
Could caffeinated alcoholic drinks, which the FDA deemed unsafe for human consumption in November, turn out to be good for cars? A Virginia-based ethanol recycler, MXI Environmental Services, is turning those soon-to-be-banned beverages into fuel.
Specialty Foods Are Becoming a Regular Staple Again
Americans are returning to indulging in specialty foods the way they did before the recession, and they'll likely make big purchases of these affordable luxuries during the holidays. A recent survey showed 63% of American consumers purchased specialty food this year, up from 46% in 2009.
Starbucks Plans Major Expansion in China
Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to "at least" 1,500 by 2015. The world's largest coffee chain also is planning to add stores in Brazil, Russia and India.
POM Wonderful Hit with False Advertising Complaint from FTC
The Federal Trade Commission filed a complaint Monday against juice-maker POM Wonderful, alleging that the closely-held company engaged in false advertising related to the health benefits of its pomegranate juice.
Starbucks Customers May Pay More for Coffee Fix
Be prepared to pay more for your venti-sized extra-hot half-caff soy caramel macchiato at Starbucks starting soon. As the price of green Arabica coffee greens skyrockets, the company says it will raise prices for some of its more labor-intensive beverages.
Mexican Coca-Cola Is Finding Sweet Success in the U.S.
The Mexican version of Coke -- made with cane sugar instead of high-fructose corn syrup and served in glass bottles rather than plastic -- is making great inroads in the U.S. market. And it's not just Hispanic consumers who are buying.
Coca-Cola Buys Russian Juice Maker
In a move to gain a larger share of the beverage market outside of North America, Coca-Cola (KO) has bought Russian juice maker Nidan Juices, The Wall Street Journal reported Wednesday