The increases will range from 5 to 20 cents for most drinks.
Company says it will shut down the 23 La Boulange restaurants, which are mostly in San Francisco, by the end of September.
Coffee chain says Troy Alstead’s decision is deeply personal; he has been with the company for 23 years.
Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.
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