Starbucks to pay US$2.8b to Kraft


Starbucks must pay Kraft Foods US$2.76 billion ($3.36 billion) after it ended the companies’ grocery deal at least three years early, the coffee chain said on Tuesday. Mondelez International spun off Kraft Foods, its North American grocery operations as an independent company in October 2012. Under an agreement between those two companies,…

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McDonald’s and Burger King Battle for Latin America – Motley Fool

Motley Fool McDonald’s and Burger King Battle for Latin AmericaMotley FoolMacroeconomic issues in Latin America have been a real challenge for Arcos Dorados over the past two years. The company’s customers have been feeling the pressure, and the devaluations of currencies in countries like Brazil — its largest market … […]