| Mar 9, 2012
| 10:35 AM
Starbucks is expanding its empire to the single-cup coffee maker market.
The company announced March 8 that it would launch sales of an at-home premium single cup machine in the fall. The new Verismo will brew espresso, lattes and coffee.
| Nov 14, 2012
| 12:38 PM
Starbucks Coffee Co. will buy Teavana Holdings Inc. for $620 million in cash as the coffee giant powers deeper into the tea market.
The $15.50-a-share price is lower than the $17 a share at which Teavana was priced for its public debut last July. The...