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Southampton mayor William Manger Jr. ripped for cutting workers’ coffee

They won't even talk to him until they've had coffee. Fed-up workers in the Long Island village of Southampton have hit back at their mayor and his cronies after cost-cutting became so drastic that they stopped serving hot drinks. “Crucially, Mayor William Munger Jr. and his staff came up with the bright idea to remove […]

Coffee prices poised to surge again on supply chain disruptions

Coffee drinkers hoping for relief from rising prices will be in for disappointment as supply chain disruptions and rising labour costs are expected to make coffee even more expensive. The price of arabica, the premium coffee bean favored by Starbucks, rose to $2.32 a pound last month, up 64% from June 2020, when it was […]

El Salvador’s Nayib Bukele Launches Luxury Coffee Brand

El Salvador’s President Najib Bukele launched his own premium coffee brand, Bean of Fire, this weekend, describing the venture as a “passion project.” Bukele made the announcement on his Twitter account on Saturday evening, insisting that the coffee brand has “nothing to do with politics.” He noted that the company’s goal is to make “the […]

Starbucks shares jump after Elliot Investment Management buys big stake in coffee giant

Shares of the coffee chain surged in late trading on Friday after activist investor Elliott Investment Management reportedly has a sizable position in Starbucks. Elliott is reportedly pressuring Starbucks, which has been criticized for its long wait times, to find new ways to boost its stock price. The Wall Street Journal was first to report […]

‘Burnt’ coffee beans unlikely to save Rudy Giuliani’s finances: experts

He will still have to keep trying. Cash-strapped former Mayor Rudy Giuliani has reason to hope for his new coffee brand, but it’s a stretch to think it will save him from a mountain of debt, coffee experts tell The Washington Post. Giuliani announced the launch of Rudy’s Coffee in June as he was facing […]

Study reveals most expensive states to buy a cup of coffee in America

Expensive pour. A recent study revealed which states in America are the most expensive for a cup of coffee, and New Yorkers might be surprised to learn that New York City doesn’t even make the top 10. In 2004, the national average was just $2.15 for a regular cup of coffee. New reports From toast. […]