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• The reports on this story have been all over the map, but this morning there seems to be new speculation that Kraft Foods will sweeten its $16.5 billion offer for Cadbury; it has until tomorrow to do so, based on British rules covering such cases.

Cadbury has dismissed Kraft’s previous bid as “derisory.” There also have been reports that Hershey could submit a competitive bid.

CNN reports that Starbucks has raised the prices on certain “complex beverages” by as much as 35 cents, in what it says is the “normal course of business.” According to the story, “At one location in New York, prices went up by 20 cents, with local customers paying more than $4 for a tall mocha latte. Prices have also gone up in California, Washington, D.C., and other large U.S. markets.”
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