Starbucks, Coffee | featured news

Starbucks Corp. began handing out tens of thousands of free samples of its latest product Tuesday, hoping to persuade consumers to try what many see as a down-market drink -- instant coffee.

Starbucks Corp. said Thursday it is wiping its name from one of its Seattle-area stores and adding alcohol to the menu.

Starbucks is recalling about 530,000 coffee grinders because of a laceration hazard, a government agency said Tuesday.

Starbucks Corp is on track to hit its target of $500 million in cost savings this fiscal year as the world's biggest coffee chain closes stores and sheds staff, its chief executive said at the company's annual shareholder meeting.

How much is a cup of coffee at Starbucks? For a jewelry salesman from Kansas, it ended up costing about $300,000.