Latest news with #coffee
Wall Street Journal
23 minutes ago
- Health
- Wall Street Journal
What Quitting Coffee Taught Me About Savoring Life
'About Face' is a column about how someone changed their mind. My coffee habit developed in my mid-20s. I was working at the time as a reporter in Central America, where they produce some of the world's finest beans. A local friend taught me to drink it strong and black, with plenty of sugar.
Wall Street Journal
an hour ago
- Business
- Wall Street Journal
Coming Soon to the Coffee Aisle: Tariffs
Americans love their coffee. They're willing to pay for it. Tariffs could test that as the year goes on. 'The tariff impacts will become prominent,' said Tim Cofer, chief executive of Keurig Dr Pepper, talking about coffee's second-half trajectory on the company's Thursday earnings call. The U.S. is set to levy a 50% tariff on Brazilian goods—including coffee beans—from Aug. 1. Coffee beans from Brazil had already gotten more expensive, as poor weather pushed up prices at the end of last year.
Bloomberg
2 hours ago
- Business
- Bloomberg
Arabica Coffee Advances as Weather Risks Add to Supply Concerns
Arabica coffee rose for a third day on mounting worries over supplies from top-grower Brazil, as traders monitor crop yields amid the risk of wet weather slowing the harvest. The most-active contract rose as much as 1.7% to $3.065 a pound, on its longest winning streak in more than two months. Futures have jumped this week on concerns over a cold front hitting coffee-growing regions, alongside continuing uncertainties over the threat of a 50% US tariff on Brazilian goods.
Daily Mail
3 hours ago
- Health
- Daily Mail
Urgent recall issued by popular coffee brand as they urge customers to immediately throw out pods
New Mexico Pinon Coffee has voluntarily recalled 154 units of Single Serve Cups sold in 10-count boxes. The company issued the recall after discovering that food coloring may have been placed in the cups during the brewing process. Each cup included a 'Product Number: F03308 UPC: 812361033081' label and are part of lot code 251749 with a best-by date of May 8, 2026. While the products are sold at various retailers like Walmart and Target, the company has not clarified where the affected products were distributed. The US Food and Drug Administration (FDA) labeled this as a Class III recall, and there have been no reports of injury or illness as a result of the issue. 'While the issue was isolated and poses no health risk, it didn't meet the standard of excellence you've come to expect from us,' Pinon Coffee president Matthew Bregar said in a statement. 'We've already addressed the issue and taken steps to refine our process moving forward.' Shoppers who've purchased an affected pod are advised to dispose of them immediately or return them to the store for a full refund. The FDA labeled the recall as a Class III, the least severe type of recall that can be issued The latest coffee recall came months after 692 decaffeinated cases were recalled due to a labeling error. The products were found to have been full-strength coffee, which could be a health risk for drinkers with high blood pressure or heart conditions. It also comes following an urgent recall on over 100,000 bars of ice cream across 23 states. The recall was initiated over fears of a listeria contamination, but it is unclear if anyone has gotten sick from the ice cream. Even though food has been a frequent recall this year, hundreds of thousands of vehicles have also been recalled over safety risks. Ford recalled nearly 850,000 vehicles in the US earlier this month due to fears of potential engine stalls from low-pressure fuel pump failure. It was initiated less than a month after GM recalled 62,468 vehicles.
The Independent
3 hours ago
- Business
- The Independent
Nestle sees lower customer demand after hiking coffee and chocolate prices
Higher coffee and chocolate prices have helped Nestle offset lower demand from customers over the first half of 2025. The KitKat and Nescafe maker revealed that sales growth was almost entirely driven by higher pricing, as it passed inflation in its supply chain on to customers. The Swiss consumer group reported organic growth of 2.9% over the first half of the year, compared with a year earlier. It said this was driven by a 2.7% increase in pricing, while it saw real internal growth of 0.2%. This included a 3.3% increase in prices in the second quarter as sales volumes declined marginally amid pressure on customer finances. The company said this came as it 'took actions to address input cost inflation in coffee and cocoa-related categories'. Confectionery prices increased by 10.6% over the half-year, while coffee prices rose by 6%. Sales volumes were only marginally higher over the quarter as Nestle reported 'lower consumer demand' as shoppers were 'adjusting to price increases'. It came as Nestle also announced a review into the future of the vitamins business its previous boss bought in 2021. The company has indicated it could sell off its mainstream vitamins and supplements division, which includes the Nature's Bounty and Puritan's Pride brands. Laurent Freixe, Nestle chief executive, said: 'We are executing our strategy to accelerate performance and transform for the future. 'We are accelerating our category growth and improving our market share, through better execution and increased investment, funded through a relentless pursuit of efficiency. 'These actions are already delivering results, with broad-based growth and a robust profit performance in the first half.'
