food and beverage

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 the cupcake business. In fact, he welcomes it. But with his company going public and plans in place to expand from 34 stores to 200, can he avoid the pitfalls of other dessert companies that rose too fast and fell?

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.