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Darden Restaurants

Red Lobster restaurant sign sits in Cincinnati, Ohio, U.S., on Tuesday, June 23, 2009. Darden Restaurants Inc., operator of the Olive Garden, is the world's largest company-owned and operated casual dining company with almost $6.7 billion in annual sales and approximately 180,000 employees. (Photo by Tom Uhlman/Bloomberg via Getty Images)

Olive Garden, Red Lobster opposition to Obamacare backfires

Candice Choi and Michelle Chapman, Associated Press
NEW YORK (AP) - After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals...
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(Photo by Spencer Platt/Getty Images) Papa John's CEO John Schnatter has said that the Affordable Care Act's mandates will increase his business costs and he plans to cut employees' hours as a result. According to Naples News, Schnatter has told shareholders that Obamacare will result in a 10 to 14 cent increase in pizza costs for customers. "That's what you do," he said. "You pass on costs. Unfortunately, I don't think people know what they're going to pay for this." Schnatter said he wants all of his employees on the company's health care plan, but the rising costs of insurance make it difficult.

Food chains still fighting 'Obamacare'

Ugonna Okpalaoka
theGRIO REPORT - Franchise owners of restaurants like Applebee's and Olive Garden are promising to take drastic measures to avoid the cost of Obamacare, including cutting employees' hours to part-time...
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Darden Restaurants to be sued for discrimination

Donovan X. Ramsey
theGRIO REPORT - Darden Restaurants Inc., the company that owns Olive Garden, Red Lobster and other restaurants has been threatened with legal action by a workers group claiming that it discriminates against people of of color...
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First lady makes headway in healthy food fight

theGrio
WASHINGTON (AP) - Calorie by calorie, first lady Michelle Obama is chipping away at big portions and unhealthy food in an effort to help America slim down...
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6/27/11 - theGrio and CNBC Market Update

theGrio
VIDEO - Besides monitoring the Greek debt crisis, investors had quite a few domestic headlines to digest last week...
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