Tea may be the world's most consumed beverage in terms of volume, but as far as retail sales go, it still falls short of its peers like coffee and carbonates.
The global coffee market has been rather decaffeinated for the past couple of years, with prices falling to less than half their 2011 peak and the bean becoming the worst-performing soft commodity last year.
As part of the deal, the board "reaffirmed its overwhelming support" for CEO Myron Ullman and Chairman Thomas Engibous, who had been targeted by Ackman.
J.C. Penney and hedge fund Pershing Square's Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer, a source said on Monday.
With fast food restaurants now offering such innovations as the waffle taco and the pretzel burger, should investors be impressed? Two pros tell CNBC what they think.
Americans are going to fast-food restaurants less frequently, according to a new Gallup poll. Nicole Miller of Piper Jaffray and Rachael Rothman at Susquehanna Financial Group explore how this will affect sales and investors.
Starbucks CEO Howard Schultz on Friday had choice words for activist investor Bill Ackman and his very public campaign to change J.C. Penney's leadership team.
PayPal is trialing a new system which can recognize a user's photograph, in an effort to boost security and speed up the process of smartphone payments, the company said on Thursday.
Some of the most vital companies were founded by just two friends with an idea. Here are 10 cases where friends with nothing but raw ambition and a dream built successful businesses.
Optimism prevailed in the market after China, Europe and the US all released somewhat bullish economic data. Can it continue?
After the S&P crosses 1,700 for the first time, the CNBC "Fast Money" traders share how they're playing the stock market.
After beating the Street and showing promise on mobile and social, Yelp is the perfect takeout target for Apple, CNBC's Jim Cramer said.
Looking to buy? Cramer doesn’t want you to make a move before asking yourself this.
Some of the names on the move ahead of the open.
Few other corporate releases impressed Cramer quite like this. "It contained almost everything you'd want," he said.
Stocks bounced back from their lows Friday, with the Dow squeezing out its fifth-consecutive weekly rally, as investors digested the latest batch of mixed earnings and ahead of a busy economic calendar next week.
In what has been a challenging environment for restaurant chains, Starbucks continues to brew up strong growth and one analyst says there's still more to come.
As Dunkin' Brands unveils plans for expansion, Starbucks CEO Howard Schultz said he isn't worried about competition from other big brands edging into coffee service.
Lipper reported $5.3 billion inflows into various stock funds this week — but there was also $4.56 billion that flowed into taxable bond funds.
Starbucks just had the best third quarter in company history. Howard Schultz, CEO, tells CNBC, "Our growth is based on satisfying customers throughout the day. The results we achieved were remarkable."