• A former Dunkin’ Donuts executive is suing the company for $5 million, alleging that they violated his severance agreement. [Globe]
• Hooters is up for sale. [NYP]
• New research suggests that traditional aphrodisiacs like chocolate may not actually do much to stimulate arousal. [NYT]
• McDonald’s sales rose a record 2.6 percent in the last quarter, largely on the strength of overseas locations. [WSJ]
• Pepsi and Coke were among the first businesses to positively respond to the Michelle Obama-backed initiative to move calorie labeling to the front of packages. [WSJ]
• The Food Network Magazine is a success at newsstands, but behind the scenes, turnover has been high. [NYP]
• British supermarket chain Waitrose is now selling umami in a tube. [NYDN]
• Daniel Boulud and Jean-Georges Vongerichten’s Vancouver outposts are already packed with Olympians and tourists. [Bloomberg]
• Recently Michelin-starred British chef Ryan Simpson quit his job after deciding that the menu he was being asked to prepare was “too poncey.” [Times]