McDonald's coffee bars to take on Starbucks: report
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McDonald's Corp  is set to  launch coffee bars with "baristas" serving cappuccinos and  lattes, moving into direct competition with global coffee chain  Starbucks Corp. , The Wall Street Journal reported on  Monday.
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Starbucks said it had set a new long-term goal to have 40,000 coffee stores worldwide, more than triple its current number.
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Starbucks Corp. SBUX.O on  Wednesday reported a 31 percent increase in quarterly net   income and raised its earnings forecast for the year on strong  sales of holiday products like Christmas Blend coffee beans.
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Here's why even mobile users who don't drink coffee should care about Starbucks' decision to switch Wi-Fi access providers.
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McDonald's Corp. MCD.N said on   Friday it started an offer for shareholders to swap its stock   for Chipotle Mexican Grill Inc. CMG.N shares, part of the   burger giant's plan to shed its remaining Chipotle stake.
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The fast food giant will reportedly turn to coffee to continue to boost its margins.
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SEATTLE - Starbucks will raise its beverage prices by 11 cents a cup on average starting Oct. 6, the world&#39;s largest coffee-shop chain said Tuesday.
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Starbucks Corp.  is opposing Indian entrepreneur Shahnaz Husain's plans to start a chain of coffee shops called Starstrucks, the Mint business paper reported.
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Starbucks is pushing its new digital music offering into Seattle and Austin in the next month.
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SEATTLE, United States : Coffee shop giant Starbucks said it was launching the first of its &quot;music bars&quot; where customers can listen to digital recordings and burn their own CDs.
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Starbucks Corp. , the  world's largest coffee shop chain, on Wednesday reported a 15  percent rise in quarterly earnings that met analysts'  estimates, but July same-store sales results were below Wall  Street estimates, and shares fell sharply after hours.
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Starbucks Corp.'s  chief financial officer on Thursday said meeting the high end of the coffee shop chain's 2007 earnings forecast will be "very challenging" due to rising dairy costs and slowing sales growth in its U.S. business, sending shares to a 20-month low.
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McDonald's Corp.  said on Monday it expects to report quarterly earnings above Wall Street estimates on its strongest quarterly sales in three years.
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CLEVELAND -- The Cleveland Clinic has scheduled a meeting for Thursday with McDonald&#39;s Corp. and a franchise owner. The subject is whether a McDonald&#39;s fast-food restaurant is appropriate on the Cleveland Clinic campus.
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U.S. coffee shop giant Starbucks  plans to open at least 40,000 more stores over the medium term, half of them outside the United States, according to Tuesday's Expansion newspaper.
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Starbucks Corp.  will raise U.S. prices on coffee, lattes and other drinks by about 9 cents a cup next week to help offset soaring costs on commodities such as milk and energy, a spokesman said on Monday.
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Starbucks Corp. on Wednesday said  customers will be able to make custom music CDs at 45 of its  U.S. coffee shops by later this month, the first step in a plan  to expand the service nationwide.