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US firm in China meat scandal lays off 340 staff

shanghai husi food co.

A U.S. meat supplier said Monday it is laying off most of the workforce of a Chinese subsidiary accused of selling expired beef and chicken to McDonald’s, KFC and other major restaurant chains.

Posted: September 22nd, 2014 in Latest Business Stories | Read More »

Expert parlays corporate strategies into saving lives

By
BRIAN To

While looking for a coffee shop in Manila a few years ago, a British tourist of Chinese ancestry ended up wandering through the halls of Philippine General Hospital.

Posted: August 24th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Starbucks US sales rise with help of revamped food

In this July 11, 2013 file photo, a man drinks a Starbucks coffee in New York. Starbucks reports quarterly financial results on Thursday, July 24, 2014. (AP Photo/Mark Lennihan, File)

Starbucks said Thursday its revamped breakfast sandwiches and other food offerings helped boost sales at its U.S. cafes.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Starbucks contribution to scholarship overstated

In this file photo taken July 26, 2011, a customer enjoys a coffee at Starbucks in Miami. It turns out Starbucks isn't contributing any upfront scholarship money to an online college degree program it introduced on Monday, June 16, 2014.  AP

It turns out Starbucks isn’t contributing any upfront scholarship money to an online college degree program it introduced this week.

Posted: June 20th, 2014 in Latest Business Stories | Read More »

‘Exotic’ Starbucks Reserve is here

By
Starbucks Reserve™ sun-dried Ethiopia Yirgacheffe™

There was a time, not too long ago, when it was unthinkable for ordinary Filipinos to fork out over P100 for a cup of coffee.

Posted: May 16th, 2014 in Latest Business Stories | Read More »

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