Trump Administration Promises Lower Coffee and Fruit Prices
Treasury Secretary Scott Bessent says the Trump administration will take steps soon to lower prices on coffee, bananas, and other imported foods amid rising grocery costs.
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Starbucks Sells 60% Stake in China Unit to Boyu Capital for $4 Billion
Starbucks is selling a 60% stake in its struggling China business to Boyu Capital, aiming to boost growth and reconnect with customers amid rising competition from local coffee brands.
Starbucks Shows First Sales Growth in Over a Year as Turnaround Plan Takes Hold
Starbucks (SBUX) reports 1% same-store sales growth after six straight quarters of decline. CEO Brian Niccol's "Back to Starbucks" strategy shows early signs of success with international markets leading recovery.