Dow up and other news you can use

July 30, 2012

The Dow Jones Industrial Average gained 187.73 points, or 1.5 percent on Friday, closing above 13, 000 for the first time since May 7. It rallied to a close of 13,075.66 ...  The same record high temperatures and drought threatening to decimate this year's corn crop may actually be good news for jalapenos that grow more flavorful with heat, experts say, reports the Huffington Post/AP. "Peppers really like hot weather," said Irwin Goldman, a horticulture professor at the University of Wisconsin-Madison ...

The Dow Jones Industrial Average gained 187.73 points, or 1.5 percent on Friday, closing above 13, 000 for the first time since May 7. It rallied to a close of 13,075.66 ...  The same record high temperatures and drought threatening to decimate this year's corn crop may actually be good news for jalapenos that grow more flavorful with heat, experts say, reports the Huffington Post/AP. "Peppers really like hot weather," said Irwin Goldman, a horticulture professor at the University of Wisconsin-Madison ... The National Football League has finalized its deal with Pepsi for its sponsorship of the Super Bowl halftime show in a multiyear deal, reports USA Today/AP. Last year's halftime show was viewed by 114 million people, according to Nielsen, about 3 million more than watched the game itself ... McDonald's unveiled new outfits for all of its British workers, which Wayne Hemmingway, the designer, said were inspired by American TV show Mad Men and the mod movement will be rolled out to all 87,500 workers in the UK this autumn, reports The Telegraph. The main "crew", who work behind the counters flipping burgers and frying chips, will wear polo shirts, in mustard yellow for the men and "gherkin green" for the women. Customer care assistants get check shirts with green dark green trousers or skits. Managers will be in black and white, with skinny ties, but female managers get a mustard yellow neck scarf and pencil skirt ... Coca-Cola, PepsiCo and other makers and sellers of soft drinks have formed New Yorkers for Beverage Choice, a group fighting a plan to restrict the size of sweetened drinks sold in New York City restaurants, theaters and other venues, reports USA Today. The American Beverage Association is funding and leading the effort, which includes petitions, airplane banners, ads on movie marquees, and radio spots that ask, "Are we going to let our mayor tell us what size beverage to buy?" ... Smithfield Foods, synonymous with Virginia ham and pork, and Dannon defied the traditional supply chain with proprietary quick-service storefronts, reports QSR. Taste of Smithfield opened in Smithfield, Va., while Dannon unveiled the Yogurt Culture C. in Manhattan.Both restaurants were conceived for the purpose of enhancing their brand's mission, not necessarily to compete head-on with other quick serves, say representatives from each company ... Coffee giant Starbucks aims to capitalize on the growing premium juice market with the opening of two Evolution Fresh units in Seattle and a third in San Francisco, reports USA Today. Starbucks paid $30 million to buy the brand last year, and opened its first Evolution Fresh juice and food store in Bellevue, Wash., in March ... Frito-Lay North America is launching the "Do Us A Flavor" potato chip contest, reports Candy & Snack Today. Frito-Lay explains similar contests in other countries drew winning flavors such as Late Night Kebob, Mastana Mango and Walkie Talkie Chicken. Through October 6, the company now is asking U.S. consumers to suggest the next Lay's flavor at facebook.com/lays or by text message for a chance to win $1 million or one percent of the product's net sales in 2013, and the winning flavor will be revealed in May 2013 when the brand's 75th anniversary is celebrated ... Amid concern that gluten-free products lack nutrition, food-makers could look to flour made from byproducts of apples and oranges, according to a study funded by the Irish Department of Agriculture, Food and the Marine, reports BakeryAndSnacks.com (France). "Food scientists have shown dietary and vegetable byproducts to be untapped sources of nutrients such as dietary fiber and phytochemicals," researchers said. Joh. A. Benckiser, a privately-held investment firm, has agreed to acquire Peet's Coffee & Tea, Inc. for $73.50 per share in cash, or a total of approximately $1 billion. Once the transaction closes Peet's will become privately owned and will continue to be operated by the company's current management team and employees ... Seven Kellogg Co. bakeries in the U.S. earned the Environmental Protection Agency's Energy Star certification, a designation that places them in the top 25 percent of similar facilities nationwide for energy efficiency, reports Sosland Morning Brief. Last year, the E.P.A. awarded these same facilities the first-ever Energy Star certification for bakeries that demonstrate best-in-class energy performance. The Energy Star-certified bakeries include Kellogg's bakeries in Augusta and Columbus, Ga.; Raleigh and Charlotte, N.C.; Cincinnati; and Florence and Louisville, Ky. ... The world's second biggest hamburger chain Burger King launched several pork, beef and chicken sandwiches as limited time offers, reports CBS News. And for a sweet ending, the company is offering a bacon sundae - vanilla soft serve with fudge, caramel, bacon crumbles and a piece of bacon. The salty-sweet dessert clocks in at 510 calories, 18g of fat and 61g of sugar.

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