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23Sep/101:12 PM

Video: Starbucks to Hike Drink Prices on Higher Costs

Starbucks (SBUX) is hiking the prices of certain beverages in certain markets, to keep up with the rising cost of coffee beans and other ingredients. The company said late yesterday that while it wont raise prices across the board, 13-year highs in the price of green Arabica coffee beans are forcing it to increase the prices of certain drinks.