Business

Starbucks feeling the heat as more chains vie for US coffee drinkers

NEW YORK (AP) — Americans are drinking more coffee than they have in decades. But fewer of them are getting it from Starbucks. The company that revolutionized the United States' coffee culture remains America's biggest player, with nearly 17,000 U.S. stores and plans to open hundreds more. ...

After a day of sharp swings, Wall Street ends nearly where it began

NEW YORK — A day of dramatic swings on Wall Street, including Microsoft's worst drop in years and a sudden reversal for the price of gold, finished with only relatively modest moves on Thursday. The S&P 500 slipped 0.1% after flirting with its record high in the morning and dropping by ...

India and EU clinch the ‘mother of all deals’ in a historic free trade agreement

NEW DELHI — India and the European Union reached a free trade agreement to deepen economic and strategic ties, officials said Tuesday, after nearly two decades of negotiations. The accord, which the head of the EU's executive branch described as the "mother of all deals," could affect as ...