In a lawsuit filed this week, Yucaipa claims that, in its attempt to sell its Dominick's chain, Safeway refused to consider the $350 million Yucaipa bid. Safeway acquired Dominick's from Yucaipa in 1998 for $1.8 billion; the 113-store chain now is valued at $315 million.
Working with noted doctor Kenneth Cooper, Frito-Lay will begin placing labels on the front of some of its more nutritious snack products. In order to get the "Smart Snack" label, a serving must contain fewer than 150 calories, limited fat, no trans fat and 240 mg of sodium or less.
Including isoflavones and lignans in the diet could help women reduce their risk of endometrial cancer, a group of researchers says. Isoflavones and lignans can be found in natural products such as soy.
The Southern Shrimp Alliance is pressing for legal action to protect the U.S. market against a flood of cheaper imported shrimp. The group hopes to achieve a high duty on imported prawns similar to the one recently levied on Vietnamese catfish.