Boston Herald

THE TICKER

- — HERALD WIRE SERVICES

Dunkin’ adds espresso to drink menu

First, Dunkin’ dropped the “Donuts” from its name. Now, it’s adding espresso drinks to its menu.

Dunkin’ says most of its 9,200 U.S. stores will offer lattes, cappuccino­s and other espresso-based hot and cold drinks by the holiday season.

It’s part of an effort by the Canton-based chain to increase beverage sales — already 60 percent of its revenue — and compete more directly with Starbucks Corp.

But it has a long way to go to catch up with the Seattle java giant. Starbucks controlled 56 percent of U.S. coffee cafe sales in 2017, while Dunkin’s share was 27 percent, according to Technomic, a research company.

Dunkin’ said earlier this year it is investing $100 million to modernize its U.S. stores.

The company now says more than half that total is being used to buy espresso equipment.

N.Y.: Exxon misled investors about climate risks to biz

NEW YORK — New York’s attorney general says Exxon Mobil misled investors about the risks that climate change poses to its operations.

Attorney General Barbara Underwood said yesterday that Exxon courted investors such as the state’s public pension funds with inaccurate informatio­n.

New York’s lawsuit comes less than three months after the federal Securities and Exchange Commission dropped an investigat­ion into the Texas energy giant along the same lines.

Exxon Mobil did not immediatel­y return a phone call seeking comment on the claims by the attorney general.

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