Business

Business Starbucks' profits soar 82 percent on strong sales, traffic Starbucks' profits soar 82 percent on strong sales, traffic
Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.
Business US home construction up 4.4 percent in December US home construction up 4.4 percent in December
Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.
Business Japan central bank sees growth rebounding in coming year
Japan's central bank said Wednesday it expects the world's third largest economy to rebound in the coming fiscal year after contracting 0.5 percent this fiscal year, in an upbeat assessment that scuttled hopes for fresh stimulus.