Starbucks Corp. plans to launch coffee machines in the U.S. to ensure growth in the consumer packaged goods market.
The Seattle-based coffee chain is looking to expand its presence in the U.S. consumer packaged goods arena and will sell single-service coffee machines and instant coffee pods to accompany them, Starbucks Chief Executive Howard Schultz said in an interview Friday. The timeline for the product’s rollout hasn’t yet been determined, Schultz said. Get the full story »
Two days after an in-flight fire aboard one of Boeing Co.’s new 787 Dreamliner aircraft, the company said the origin of the fire had been traced to insulation blanketing located underneath the cabin floor. Get the full story »
Major earnings: D.R. Horton Inc., J.C. Penney Co., Wendy’s/Arby’s Group releases quarterly financial results.
Events: Summit of the Group of 20 nations.
Kevin Metheny, the WGN-AM 720 program director whose abrupt moves to grow the audience grew a well of resentment among some long-time listeners, is is leaving the station along with his most controversial hire, former convicted Chicago City Clerk Jim Laski.
The Postal Service wants to test the idea of letting greeting card companies preprint postage on the envelopes they include with their cards, hoping that by making it easier to send cards it will win back some of the business it has been losing to the Internet.
Many Indiana farmers who had been worrying about a late summer drought are now looking forward to some extra spending money thanks to high grain prices, which a Purdue University farm analyst expects will boost the state’s farm income about 25 percent this year.
CB Richard Ellis Group Inc. said Thursday it has lined up $1.5 billion in new credit and refinanced $650 million in debt under its credit agreement. Get the full story »
Boeing Co. said on Thursday it lost eight orders for 787 Dreamliners in the week that ended Nov. 9 but gained eight after the transfer of orders from one customer to another, leaving the order book for 787s basically unchanged.
Boeing had said on Sunday Kuwait-based leasing company ALAFCO had shifted orders for the eight Dreamliners to Saudi Arabian Airlines. Get the full story »
Sun-Times Media plans to discontinue its 11 free weekly suburban Sun newspapers by the end of the year, employees and advertisers have been told.
Just in time for the busy Thanksgiving travel season, Continental Airlines is moving its ticketing and check-in counters to the neighboring terminal operated by corporate sibling United Airlines at Chicago’s O’Hare International Airport.
Effective Tuesday, Nov. 16, Continental passengers will check in at Continental-branded counters in O’Hare’s Terminal 1, rather than Terminal 2, where the Houston-based carrier had been located.
The move is one of the first changes visible to travelers as the two carriers begin to combine operations following the Oct. 1 close of their merger, which created the world’s largest airline. Both carriers are wholly owned subsidiaries of United Continental Holdings Inc., their Chicago-based corporate parent. Get the full story »
Stepped-up security screening at U.S. airports in the wake of foiled terrorism plots has provoked an outcry from airline pilots and travelers, including parents of children who say they are too intrusive.
With the busiest holiday travel season nearing, fliers face long security lines and new rigorous patdown checks begun in recent weeks aimed at discovering hidden explosives. So some travelers are questioning whether to fly at all. Get the full story »
E-books have reached another milestone: their own best-seller lists in The New York Times.
The Times, whose best-seller lists have long been a benchmark for success among authors, announced Wednesday that in early 2011 it will begin publishing rankings for fiction and nonfiction e-books.
The digital market has grown rapidly in the last three years, starting with Amazon.com’s Kindle reader and continuing with Apple’s iPad and Barnes & Noble’s Nook.
Activision Blizzard Inc. said Thursday that it sold about 5.6 million copies of “Call of Duty: Black Ops” for $360 million on its first day, setting a new record for the videogame industry.
Analysts said the strong Day 1 performance was largely expected given the sizable number of orders, and Activision shares were up slightly in afternoon trading on the Nasdaq. Get the full story »
Nissan Motor Co. says it is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems. Get the full story »
Crain’s Chicago Business | Sun-Times Media is shutting down 11 weekly Sun newspapers — in Geneva, Bolingbrook, Homer Glen, Lisle, Glen Ellyn, Plainfield, Wheaton, Downers Grove, Batavia, Fox Valley and the Lincoln-Way area — though it plans to absorb as many of the employees as possible.
