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TPG Capital invests $750 million in Greek yogurt maker Chobani

NEW BERLIN, N.Y. - Greek yogurt maker Chobani has secured a $750 million investment from investment firm TPG Capital to help fund its growth. The privately held food company said Wednesday that as part of the deal, TPG will have representation on the company's board. Chobani founder and CEO Hamdi Ulukaya will serve as its chairman.

McDonald's restaurants put foreign worker program on hold, conducts audit

VICTORIA - McDonald's Canada says temporary foreign workers are a necessary part of the fast-food chain's business model, but its use of the federal jobs initiative is now on hold until the company satisfies itself and Canadians that it doesn't abuse the program. Stung by recent criticism of its use of temporary foreign workers, McDonald's senior vice-president of human resources Len Jillard said Wednesday that the program is being halted while an audit by a third party determines if there have been violations or abuse of workers — foreign or Canadian.

Vermont lawmakers send GMO food-labeling law to governor

By Carey Gillam (Reuters) - A law that would make Vermont the first U.S. state to enact mandatory labeling of foods made with genetically modified organisms, or GMOs, received final approval from state lawmakers on Wednesday and now heads to the governor's desk.

Ronald McDonald takes to Twitter, gets new outfit as McDonald's puts focus back on clown

NEW YORK, N.Y. - Ronald McDonald has a new look, and he's ready for a selfie. McDonald's said Wednesday its famous spokesclown will take an active role on social media for the first time, using the hashtag #ronaldmcdonald. The move marks a turnaround from recent years, when the red-haired mascot faded to the background as McDonald's came under criticism for using him to market to children. But the world's biggest hamburger chain seems ready to give its clown a higher-profile role as it works to boost weak sales.

Drop in population of Gulf of Maine baby lobsters puzzles scientists

BOWDOINHAM, Maine (Reuters) - The number of baby lobsters in the Gulf of Maine has dropped by half since 2007, a phenomenon that has puzzled scientists as the population of adult lobsters remains near a record high, contributing to robust catches. Scientists note that baby lobsters take eight years to reach harvestable size, meaning the dip could yet be felt by the state's 4,200 lobstermen, who last year hauled in a record catch worth $365 million, representing nearly 70 percent of Maine's total seafood harvest.

SodaStream shares spike on report of Starbucks talks

(Reuters) - Shares in SodaStream International Ltd <SODA.O> rose as much as 17 percent on Wednesday after the Israeli business newspaper Globes said Starbucks Corp <SBUX.O> was in advanced talks to buy 10 percent of the home soft drink maker, citing sources. Representatives for both SodaStream and Starbucks declined to comment.

Obama fulfils dreams of sushi on first night in Tokyo

US President Barack Obama dined Wednesday at a tiny Tokyo sushi restaurant -- a revered spot with three coveted Michelin stars but only a handful of seats -- ruled with an iron rod by its redoubtable 88-year-old owner. The world's most powerful man, dining at the invitation of Japanese Prime Minister Shinzo Abe, was entirely at the mercy of Jiro Ono, whose exacting standards and tireless work ethic have made him legendary among global foodies.

Obama fulfils dreams of sushi on first night in Tokyo

US President Barack Obama dined Wednesday at a tiny Tokyo sushi restaurant -- a revered spot with three coveted Michelin stars but only a handful of seats -- ruled with an iron rod by its redoubtable 88-year-old owner. The world's most powerful man, dining at the invitation of Japanese Prime Minister Shinzo Abe, was entirely at the mercy of Jiro Ono, whose exacting standards and tireless work ethic have made him legendary among global foodies.

Obama dreams of sushi on first night in Tokyo

US President Barack Obama will reportedly dine at a tiny Tokyo sushi restaurant on Wednesday -- a place with three coveted Michelin stars but only a handful of seats -- ruled with an iron rod by its redoubtable 88-year-old owner, Jiro. The world's most powerful man, who will be dining with Japanese Prime Minister Shinzo Abe, will be entirely at the mercy of Jiro Ono, whose exacting standards and tireless work ethic have made him legendary among global foodies.

Obama dreams of sushi on first night in Tokyo

US President Barack Obama will reportedly dine at a tiny Tokyo sushi restaurant on Wednesday -- a place with three coveted Michelin stars but only a handful of seats -- ruled with an iron rod by its redoubtable 88-year-old owner, Jiro. The world's most powerful man, who will be dining with Japanese Prime Minister Shinzo Abe, will be entirely at the mercy of Jiro Ono, whose exacting standards and tireless work ethic have made him legendary among global foodies.
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