*CEOs demand Congress find debt solution. WASHINGTON, Oct 25- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.
*McDonald's taking on Tim Hortons in Canada. TORONTO, Oct 25- McDonald's Corp has stepped up its expansion in Canada again after holding back for more than five years and the fast food chain's Canadian chief sees the potential for a much larger footprint across the country. McDonald's has about 1,400 outlets in Canada.
*Raises 2012 forecast for U.S. Dunkin' Donuts unit growth. Oct 25- Dunkin' Brands Group Inc on Thursday raised its full-year profit forecast after share buybacks and steady sales at U.S. Dunkin' Donuts restaurants bolstered third-quarter results amid stiff competition in its core U.S. market.
NEW YORK-- McDonald's will start selling bags of ground coffee at its restaurants in Canada next month, a move that could spread to other regions around the world if successful. John Betts, president of McDonald's Canada, also noted in an interview that McDonald's has a history of taking hit products from specific regions and expanding them globally.
After beating expectations for third quarter earnings and raising guidance, Dunkin Brands CEO Nigel Travis said the growth is just beginning as it opens new stores across the country.
LONDON, Oct 24- Prime Minister David Cameron said on Wednesday he was unhappy with the level of tax avoidance by big corporations working in Britain and urged authorities to make sure all companies paid their fair share of tax.
Companies are being cautious due to uncertainty, spurring a “mis-reaction” to earnings, JPMorgan Chief U.S. Equity Strategist Tom Lee said Tuesday on CNBC.
The widespread criticism and controversy leveled at global coffee chain Starbucks over the amount of tax the company has paid in the U.K. has been exaggerated, chief executive Howard Schultz told CNBC-TV18 in India.
Howard Schultz, CEO, Starbucks describes his optimism about entering India's coffee market after so many delays. Despite the new FDI laws, he insists it wouldn't have affected the company's decision to work with Tata.
Starbucks opened its first store in India Friday in Mumbai as the Seattle- based coffee giant seeks growth in a market long associated with tea drinkers. LOCAL GUIDE: Starbucks' partner in India is the salt-to-SUVs Tata conglomerate. The venture will open more stores in Mumbai this year and expand to New Delhi next year.
After a bumper crop of pumpkin-flavored products this fall, it looks like it’s time to bring out the gingerbread and mint at restaurant chains even though trick-or-treaters have yet to ring the doorbell.
CNBC's Seema Mody reports on Starbucks entering India and how big of a market opportunity this is for a country that is best known for its tea-drinkers.
MUMBAI, India-- Starbucks inaugurated its first store in India Friday in a historic building in southern Mumbai as the Seattle- based coffee giant seeks growth in a market long associated with tea drinkers. After over six years of studying the local market, Starbucks is making a rapid-fire entry into Asia's third-largest economy.
MUMBAI, India-- Starbucks has opened its first store in India in an historic building in south Mumbai as the Seattle- based coffee giant seeks growth in a market long associated with tea drinkers. Chief executive Howard Schultz says India, along with China, are "at the core" of the company's growth strategy.
Nigel Farage, UK Independence Party Leader, and CNBC's Rick Santelli chat about the UK's tax probe of Starbucks.
Revelations surrounding the U.K. tax affairs of coffee chain Starbucks have angered many campaigners, but some have told CNBC that the U.K.'s tax rules rather than the company itself are to blame.
*Kraft will not pay royalties to Green Mountain* Maxwell House to sell unlicensed Keurig-style cups* Green Mountain stock falls, recovers By Martinne Geller.
*Kraft will not pay royalties to Green Mountain. *Green Mountain stock falls, recovers. NEW YORK, Oct 11- Kraft Foods Group Inc plans to sell Maxwell House and Gevalia single-serve coffee pods compatible with Keurig brewing systems, in another blow to Keurig parent Green Mountain Coffee Roasters Inc.
*Kraft will not pay royalties to Green Mountain. NEW YORK, Oct 11- Kraft Foods Group Inc plans to sell Maxwell House and Gevalia K-cup single-serve coffee pods compatible with Keurig brewing systems, a spokesman said on Thursday, in another blow to Keurig parent Green Mountain Coffee Roasters Inc.
The parent company of Tully's Coffee has filed for Chapter 11 bankruptcy protection and will close nine stores this Sunday. The Seattle- based coffee chain has long struggled under the shadow of Starbucks Corp.. Tully's opened its first store in 1992. It has shops in Arizona, California, Colorado, Idaho, Montana, Oregon and Washington.