Kellogg Drops Michael Phelps; Starbucks Coffee Tastes Terrible

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• Michael Phelps’s endorsement deal with Kellogg will expire at the end of the month because his “most recent behavior is not consistent with the image of Kellogg.” [Ad Age]

• You know the economy is bad when McDonald’s has to lower prices in the economic powerhouse that is China. [NYT]

• Eric Ripert waxes poetic about Stefan’s sauce on Top Chef: “well-balanced, harmonious in between richness, acidity, even its consistency.” [Bravo]

Consumer Reports conducted a taste test of nineteen ground coffees and confirmed that Starbucks’ regular and decaf blends are both terrible. [NYDN]