Chapter Closes as Reality Settles in on Krispy Kreme

On March 4, the SEC ordered that three former top executives pay a combined $783,000 for violating accounting laws and for fraud. They were Scott Livengood, the chairman, chief executive and president; John Tate, the chief operating officer; and Randy Casstevens, the chief financial officer.

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President Tells Unions Organizing Act Will Pass

President Barack Obama told AFL-CIO union leaders Tuesday in a videotaped address that the controversial Employee Free Choice Act will pass, signaling his full backing for legislation that makes union organizing easier.

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Tim Hortons’ profit falls in 4Q

Tim Hortons Inc. said that poor sales and store closures within its U.S. division led to an 8.6-percent drop in fourth-quarter profit for the Canadian coffee and doughnut franchisor.

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Starbucks strives for value-conscious image

Starbucks recently announced that it’s selling discounted pairings of coffee and breakfast food for $3.95, a type of promotion long used at fast-food chains. It’s the first move in an aggressive campaign to counter the widespread perception that Starbucks is the home of the $4 cup of coffee.

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