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Starbucks up green energy, cuts water use, pilots new EMS
Seattle -- Starbucks Coffee Co. met its 2010 goal of purchasing renewable energy equivalent to half of the electricity used in its North American company-owned stores, the company reported in its tenth annual "Global Responsibility Report." The report details Starbucks’ fiscal 2010 performance in environmental stewardship, ethical sourcing and community involvement.
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Deloitte survey: Consumer spending drops sharply in March
New York City -- A survey released Tuesday by Deloitte found that falling home prices and rising energy costs have negatively impacted consumer purchasing power.
The Deloitte Consumer Spending Index tumbled in March due to a drop in real home prices and a decline in real wages driven by rising energy prices. The Index tracks consumer cash flow as an indicator of future consumer spending.