OKEMOS, Mich.— A Michigan woman who wanted homebrewed Starbucks coffee— described by her attorney as "gold"— will accept $250 to end a lawsuit over the company's decision to stop making discs for a specific single-serve machine. Pam Montgomery of Okemos said she bought a Tassimo brewer by Kraft Foods because Starbucks supplied coffee discs. The Grand Rapids Press...» Read More
NEW YORK, Oct 1- PepsiCo Inc for the first time is introducing a product exclusively through Amazon.com Inc as the snack and soft drink maker aims to expand its footprint in e-commerce. The product, a naturally sweetened soda called Pepsi True, will be available on Amazon in mid-October in 24- packs of 7.5- ounce cans, the company said.
PepsiCo is launching a new cola under its brand. CNBC's Sara Eisen reports the drink has stevia and real sugar.
Coca-Cola adopted new guidelines for its 2014 equity plan, the beverage giant announced on Wednesday, in an effort to incentivize performance.
Club Coffee is seeking $600 million in damages and said Keurig was spreading "baseless and disparaging lies" about competitors' coffee pods to mislead consumers and coerce third parties into exclusive agreements. Club Coffee said it made coffee pods for Keurig brewers and sold them at lower prices than Keurig's own K-Cup packs.
NEW YORK, Oct 1- For the first time in three years, Daniel Streetman is buying coffee beans in bulk from Colombia, exploiting low comparative prices and reflecting new flexibility by U.S. roasters who had become over reliant on a single country for premium arabica. Instead he bought more from El Salvador, Guatemala and Honduras.
Dunkin' Brands chairman and CEO Nigel Travis, explains why the Tim Horton's - Burger King merger is an opportunity for Dunkin', and shares his view of minimum wage.
Dunkin' Brands chairman and CEO Nigel Travis, discusses the new dark roast coffee, and his take on competition with Starbucks.
SWIRE PACIFIC UNIT WORKERS STRIKE, CALL FOR HK LEADER TO STEP. HONG KONG, Sept 29- About 200 workers at Swire Beverage, a unit of Hong Kong conglomerate Swire Pacific and a major bottler for The Coca-Cola Company, went on strike on Monday in support of pro-democracy protesters in the city, a union representative said.
NEW YORK, Sept 24- Two Universal Music Group units sued Monster Beverage Corp on Wednesday for using music co-owned by the Beastie Boys in a promotional video, accusing the energy drink maker of copyright infringement.
WINNIPEG, Manitoba, Sept 22- Beer prices in North America may rise next year as brewers and maltsters face higher costs after cold, wet weather damaged Canadian barley crops and left farmers and tipplers crying in their beer. "Prices up means our costs go up and beer prices ultimately go up," said Neil Herbst, co-owner of Edmonton- based Alley Kat Brewery.
David Frost, CEO of the Scotch Whisky Association, says the Scottish Whisky industry is worried about the impact independence would have on the sector - especially on exports.
Within an hour of going online Monday, the citrus-flavored soda had sold out. It was soon restocked, only to sell out again, Today reports.
TORONTO, Sept 16- McDonald's Corp is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc and Starbucks Corp..
*Takeover of SABMiller seen costing nearly $122 bln. LONDON/ BRUSSELS, Sept 15- SABMiller's rejected bid for smaller brewer Heineken has revived talk about deals that could reshape the global beer industry in coming months. "We believe SABMiller could now be considered to be' in play' and view AB InBev as a potential acquirer," said Numis analyst Wyn Ellis.
Discussing the rise of craft brews and consolidation in the beer sector, with Jeff Cioletti, Beverage World Magazine editor-in-chief.
Discussing news AB InBev is not in talks about financing for a purchase of SABMiller, as well as news Heineken rejected a takeover proposal from SABMiller, with Mark Swartzberg, Stifel Securities analyst, and Michael Bellas, Beverage Marketing Corp. CEO.
NEW YORK, Sept 15- Talk about further consolidation in the brewing industry was helping lift consumer staple stocks on the S&P 500, with the largest gainers Altria, in point terms, and Molson Coors, percentage-wise.
The "Fast Money Halftime Report" traders dissect stock moves after rumors over beer consolidation, and share their favorite plays in the space.
CNBC's David Faber rounds up the consolidation rumors surrounding the beer industry. According to sources, AB InBev is not in talks about financing for a SABMiller purchase.
*Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.