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Photo of the Day: Starbucks to Pay Kraft in Coffee Spat

An arbitrator has concluded that Starbucks must pay $2.76 billion to settle a dispute with Kraft over coffee distribution. The two companies had been locked in a fight for three years after Starbucks Corp. fired Kraft as its distributor of packaged coffee to grocery chains.

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(AP) — In this Wednesday, Oct. 23, 2013, file photo, cups of Starbucks coffee drinks sit on a counter at a Starbucks store, in Seattle.

An arbitrator concluded on Tuesday, Nov. 12, 2013, that Starbucks must pay $2.76 billion to settle a dispute with Kraft over coffee distribution. (AP Photo/Ted S. Warren, File)