Activist investor withdraws request for special Darden meeting on Red Lobster sale (Securities and Exchange Commission)
New York-based Starboard Value L.P. said Monday it was withdrawing its request to the board of Orlando, Fla.-based Darden Restaurants Inc. for a special shareholder meeting on the sale of Red Lobster. The activist investor called the sale to Golden Gate Capital  “irreversible” and “poorly structured,” but said a special meeting would no longer be a good use of company resources. Starboard said it was committed to replacing a majority of Darden’s board at the company’s annual meeting.

—Ron Ruggless

Dunkin’ Donuts, Starbucks vying for lunch market share (Bloomberg)
New lunch menu items are part of an effort to boost afternoon sales and entice the lunch crowd after the morning coffee rush subsides.

—Marcella Veneziale

Papa John's CEO defends workers' wages (Inc.)
The pizza chain's franchisees face probes over workers' wages, but founder John Schnatter says the company goes above and beyond.

—Marcella Veneziale

Subway expands its slate of original web shows (The New York Times)
The quick-service operator will sponsor a second web series and consider a renewal for its first entry into the growing field.

—Marcella Veneziale

The impact of food price increases (WCCB)
This Charlotte, N.C., television station lets local chef and Food Network star Rocco Whalen explain why high commodity costs affect menu prices and how he is managing increases.

—Bret Thorn