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Dispute with Kraft costs Starbucks $2.7 billion

Dispute with Kraft costs Starbucks $2.7 billionfrom usatoday.com: An arbitrator on Tuesday concluded that Starbucks must pay $2.23 billion in damages plus $527 million in prejudgment interest and attorney's fees, following the coffee giant's early termination of a bagged coffee grocery deal between Starbucks and Kraft Foods. The award will go to Mondelez International, which spun off Kraft Foods in 2012.

#PumpUpThaVolume: September 29, 2022 ♬