Starbucks will keep selling warm breakfast sandwiches at its coffee shops after altering the recipes to minimize the smell. Starbucks Chief Executive Howard...
Starbucks will keep selling warm breakfast sandwiches at its coffee shops after altering the recipes to minimize the smell.
Starbucks Chief Executive Howard Schultz had said earlier that the chain would discontinue breakfast sandwiches by Sept. 30 because their smell overwhelmed the aroma of coffee in the cafes.
“We are not reversing our decision to replace the breakfast sandwiches, but rather we are continuing to evolve our food offerings,” Seattle-based Starbucks said in an e-mailed response to questions.
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“We have found small ingredient changes that address the aroma issues of our current breakfast sandwiches, and have implemented these already.”
FCC approves Sirius, XM merger
Federal regulators formally approved the merger of the nation’s only two satellite-radio operators Friday, ending a 16-month-long drama closely watched by Washington, D.C., and Wall Street.
Sirius Satellite Radio’s $3.3 billion buyout of rival XM Satellite Radio will mean 18 million-plus subscribers will be able to receive programming from both services.
Executives say it will mean huge cost savings that will lead to a first-ever profit for the relatively nascent industry.
The Federal Communications Commission (FCC) voted 3-2 to approve the buyout, with the tiebreaker coming Friday night from Republican Commissioner Deborah Taylor Tate.
Tate had insisted the companies settle charges that they violated FCC rules before she would approve the deal.
The companies agreed this week to pay $19.7 million to the U.S. Treasury for violations related to radio receivers and ground-based signal repeaters operated by the companies.
Europe clears way for HP buying EDS
Hewlett-Packard says the European Commission has approved its planned $13.9 billion acquisition of Electronic Data Systems (EDS) without conditions.
HP also said it has agreed to settle five shareholder lawsuits related to the buyout. As part of the settlement, the deal will not close before Aug. 18.
The deal already has passed a regulatory waiting period in the U.S., without a request for more information by the Justice Department or the Federal Trade Commission.
Compiled from Bloomberg News and The Associated Press