As Food Prices Rise, Packages Get Smaller and Smaller
As food prices continue to rise, many food companies are shrinking packages instead of raising item prices. But don't be fooled: You're definitely paying more for less.
food and drink
Senators Propose a New Law to Address Drug Shortages
Health care providers have been reporting unprecedented shortages of prescription drugs, including vital medications such as chemotherapies and antibiotics. Under current law, the FDA has no power to act, so two senators have introduced a bill to help government get a handle on the problem.
Starbucks Offers Bean-Back Guarantee on Instant Coffee
Starbucks on Tuesday said it would give away a free 12-ounce bag of its ground house-blend coffee to any customer not satisfied with its Via instant coffee during the next seven months.
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 conference call Monday.
Can Cupcake-Maker Crumbs Hit the Sweet Spot?
Jason Bauer, CEO of the popular Crumbs Bake Shop, isn't worried about competition. In fact, he welcomes it. But with his company going public and with plans to expand from 34 stores to 200, he'll have to avoid the pitfalls of other dessert companies that rose too fast and fell.
With New Coffee-Bean Partnership, Starbucks to Brew Up Its First Stores in India
Starbucks is partnering with India-based coffee-bean provider Tata Coffee to help it open its first retail stores in India. According to the agreement, Tata will help Starbucks source and roast beans, as well as develop the new stores.
Starbucks Unveils New 'Coffee'-less Logo
Starbucks, the world's largest coffee-shop chain, on Wednesday unveiled a new logo that retains its iconic green mermaid but no longer includes the word "coffee," reflecting the company's efforts to expand sales through a broader array of menu and consumer-product items.
McDonald's Is Out to Shake Up the Milkshake
The ice cream drinks have been a fast-food favorite for decades. Now, McDonald's is considering giving them a new look -- serving the shakes in see-through plastic cups instead of the current white paper cup familiar to customers the world over.