On Monday, Nestle and General Mills said that by 2015, they will cut sugar content in 20 popular breakfast cereals by up to 30 percent. The two companies have a joint venture known as Cereal Partners Worldwide, which sells brands such as Honey Nut Cheerios and Nesquik outside North America.

Late Friday, a group of businesses and trade groups sued to invalidate the New York City Board of Health's recent decision to ban sales of large sugary drinks at certain merchants.

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