It was the first city in the United States to ban trans-fats from food outlets. Now New York has set another US first — from Monday, larger food chains such as McDonald’s, Dunkin’ Donuts and Starbucks must display the calories of their products on menus.
An affiliate of United States-based buyout firm Carlyle Group has defaulted on about ,6-billion of debt and expects its lenders to seize remaining assets as the global credit crunch tightens around leveraged investors. A ”successful refinancing is not possible,” Carlyle Capital said.