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cnbc.com

Cocoa prices hit $10,000 per metric ton for the first time ever (www.cnbc.com)

Difficult weather conditions and disease have affected production in West Africa, which produces about 70% of the world’s cocoa. The two largest producers, Ivory Coast and Ghana, have been hit by a combination of heavy rain, dry heat and disease recently....

Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock as he departs Chipotle (www.cnbc.com)

Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. Niccol will be paid a base salary of $1.6 million annually, with the opportunity to earn up to $7.2 million more in cash.

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