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America Breaking News: Starbucks Hiking Prices Despite Lower Bean Costs

Wochit 0:51 mins

Starbucks wants a few extra pennies for that latte. The Seattle-based coffee company says it's hiking prices on average by 1 percent nationally starting on Tuesday. But it says the price for many drinks, such as medium and large brewed coffees and Frappuccinos, won't change in most its 11,000 U.S. cafes. New U.S. Trade Representative Michael Froman said he expected growing trade problems with India to be a major early focus of his tenure, but stopped short of saying the United States should cut off benefits for that country. One of the busiest crossroads in the world is coming to a standstill as yoga enthusiasts take over Manhattan's Times Square to celebrate the longest day of the year.

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