Burger King launching lower-calorie french fry

By CANDICE CHOI

AP Food Industry Writer

NEW YORK (AP) — Burger King wants people to feel less guilty about gobbling up its french fries.

The world’s No. 2 hamburger chain is launching a new crinkle-cut french fry on Tuesday that it says has about 20 percent fewer calories than its regular fries.

The chain says a small order of the new “Satisfries” clocks in at 270 calories because of a new batter that doesn’t absorb as much oil. By comparison, a small order of its regular fries, sans crinkles, has 340 calories.

The concept of taking an indulgent food and removing some of the guilt isn’t new, of course. Supermarkets are filled with baked potato chips, 100-calorie packs of popular treats. Such creations play on people’s inability to give up their food vices, even as they struggle to eat better. The idea is to create something that skimps on calories, but not on taste.

Burger King executives say people won’t be able to tell that Satisfries are lower in calories. It says they use the same ingredients as its regular fries — potatoes, oil and batter. To keep kitchen operations simple, they’re even made in the same fryers and cooked for the same amount of time as regular fries.

The difference is that the proportions of the batter’s ingredients are adjusted so that it blocks out more oil, Burger King says. The crinkle-cut shape is in part so workers will be able to easily distinguish them from the regular fries when they’re deep frying them together.

“You

Article source: http://www.myfoxny.com/story/23511623/burger-king-launching-lower-calorie-french-fry

Willis Report: Users guide to education

When everybody agrees on something, it’s usually worth questioning conventional wisdom. And, so it is with the value of a college education. Over the years, parents have been told that a mere college degree will guarantee little Johnny a secure future and even a million-dollar pay premium over high school grads. But these days Johnny is lucky if his sheepskin buys him a job. All this week we will help you fight back against the high cost of education with our series, User’s Guide to Education. Check this space for updates and log onto Twitter @GerriWillisFBN and Facebook for more information or to voice your concerns and questions.

Turns out, the financial benefits of a college degree are way overstated. The million dollar advantage for students earning undergrad degrees, if it ever existed at all, is largely being discounted today. Some experts say a more accurate value is $300,000 and others say $500,000. Regardless, the numbers are an average and there is no guarantee your child will earn the same. And, it’s cold comfort for parents watching Nice, but not a 17-year-old British entrepreneur who sells his news reading app to Yahoo for $30 million.

Even so parents and their kids cling to the advantages of the four-year undergrad career despite the fact that prices are only going up. Annual tuition inflation continues to perk along at 3 to 4 percent above the broader economy’s inflation. CourseSmart estimates that over the past 30 years tuition

Article source: http://www.myfoxny.com/story/23381119/willis-report-users-guide-to-education

Futures mixed in very light trading

NEW YORK (AP) — U.S stock futures are mixed in very light trading, with many investors head to the sidelines before the Fed’s policy statement next week.

There are jobs and deficit numbers due Thursday.

Dow Jones industrial futures are down 9 points to 15,321. SP futures have lost 1.4 points to 1,687.40. Nasdaq futures are up 1.25 points to 3,179.75.

Economists expect that the Labor Department will report an uptick last week in the number of people seeking unemployment benefits, though figures remain near five-year lows.

The Treasury is expected to report that the U.S. deficit shrank noticeably last month.

Yet with less than a week before the U.S. Federal Reserve releases its monthly statement and projections, most of the chatter on Wall Street is about what direction the Fed will take.

AP-WF-09-12-13 1159GMT

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Article source: http://www.myfoxny.com/story/23411916/futures-mixed-in-very-light-trading

Ballot wording puts rosy spin on casinos

By MICHAEL GORMLEY   Associated Press

ALBANY, N.Y. (AP) — Want lower taxes? More money for your schools? More jobs?

A referendum on the November ballot promises all that and more to New Yorkers as politicians seek to change the state constitution to allow seven Las Vegas-style casinos.

The rosy language is raising some eyebrows among good-government advocates and those opposed to gambling.

“It has more spin than a roulette wheel,” said Blair Horner of the New York Public Interest Research Group.

The optimistic theme of the referendum makes no mention that those claims are disputed by some researchers and doesn’t note the decline of some casinos from New Jersey’s Atlantic City to those run by Indian tribes, or the rise in problem gambling that can shatter families and increase crime.

The measure written by Gov. Andrew Cuomo and the Legislature starts with three casinos upstate. It reads:

“The proposed amendment to section 9 of article 1 of the Constitution would allow the Legislature to authorize up to seven casinos in New York State for the legislated purposes of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated. Shall the amendment be approved?”

By comparison, an early draft mirrored most of New York’s dry, if dense, referenda. Before it was recast by Cuomo and the Legislature, the referendum stated simply: “The purpose of the proposed amendment to section 9 of article 1 of the constitution is to allow the Legislature to authorize and regulate up to seven casinos. If approved,

Article source: http://www.myfoxny.com/story/23416050/ballot-wording-puts-rosy-spin-on-casinos

Moody’s: Established gambling markets faltering

By HANNAH DREIER  Associated Press

LAS VEGAS (AP) — Moody’s Investors Service says established gambling towns like Las Vegas and Atlantic City are hurting as more states enter the market.

The credit rating agency issued a report this week saying casino tax revenues are shifting away from Nevada, Indiana and New Jersey to new markets in places like Illinois and Ohio.

The recession crushed gambling revenues across the county, and casino towns have been slow to recover. Revenue has remained flat in Las Vegas and has continued to slide in Atlantic City.

Pennsylvania has a casino market a quarter the size of Nevada’s and now collects more gambling taxes than any other state. Pennsylvania collected $1.5 billion in revenue last year.

Moody’s predicts these trends will continue as more states harness gambling as a new source of revenue.

Article source: http://www.myfoxny.com/story/23501559/moodys-established-gambling-markets-faltering

Popular bathroom wipes blamed for sewer clogs

By CAROLYN THOMPSON

BEMUS POINT, N.Y. (AP) – Increasingly popular bathroom wipes – pre-moistened towelettes that are often advertised as flushable – are being blamed for creating clogs and backups in the nation’s sewer systems.

Wastewater authorities say wipes may go down the toilet, but even many labeled flushable aren’t quickly breaking down. That’s costing some municipalities millions of dollars to dispatch crews to unclog pipes and pumps and to replace and upgrade machinery.

Manufacturers insist wipes labeled flushable aren’t the problem, pointing instead to things like paper towels, feminine hygiene products and baby wipes clearly marked as nonflushable.

The complaints have prompted a renewed look at solving the problem.

The Association of the Nonwoven Fabrics Industry recently specified seven tests for manufacturers to use to determine which wipes to call flushable.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Article source: http://www.myfoxny.com/story/23501549/popular-bathroom-wipes-blamed-for-sewer-clogs

NY lawyers can keep secret their free legal work

ALBANY, N.Y. (AP) – Court administrators have decided to let New York lawyers shield from public view their new mandatory reports on how much free legal work they do.

In February, the administrators raised the service goal to 50 hours yearly, more than double the old threshold, and began in May requiring lawyers report their pro bono hours and related donations when they register with the state every two years.

The Administrative Board of the Courts has now amended the professional conduct rules to keep those records confidential for two years through April 2015 unless lawyers voluntarily choose to disclose them.

The change follows concerns raised by the New York Bar Association about privacy.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Article source: http://www.myfoxny.com/story/23422420/ny-lawyers-can-keep-secret-their-free-legal-work

Stocks higher following retail, inflation reports

By KEN SWEET   AP Markets Writer

NEW YORK (AP) — Reports that Americans spent more last month and inflation remained tame gave stocks a lift Friday.

The Dow Jones industrial average added 73 points as of 12:40 p.m. Eastern, or 0.5 percent, to 15,373. The Dow got a lift from Intel. Analysts at Jefferies Co. said Intel may be able to increase its sales with power-efficient chips. Intel rose 64 cents, or 2.8 percent, to $23.26.

The Standard Poor’s 500 index rose four points, or 0.3 percent, to 1,688. The Nasdaq composite index was barely positive, up a point to 3,717, weighed down by Apple. The iPhone maker is down more than six percent this week after Apple’s latest product announcement did not live up to expectations.

Traders had a few economic reports to work through. The Commerce Department said Americans increased their spending modestly in August, roughly 0.2 percent, half of what economists expected.

The report was a mixed bag. Consumers spent more on cars, electronics and furniture, but they didn’t buy much else. Last month, several retail chains including Nordstrom, Macy’s and Wal-Mart cut their profit forecasts for the year.

The government also reported that wholesale prices rose 0.3 percent last month. Over the past year, prices have only gained 1.4 percent, a sign that inflation remains modest. One thing driving wholesale prices higher was energy, which spiked as a conflict with Syria appeared likely.

Trading is light as Wall Street heads into the weekend and the Jewish holiday of Yom Kippur starts

Article source: http://www.myfoxny.com/story/23425828/stocks-higher-following-retail-inflation-reports

NPR offering buyouts to cut staff by 10 percent

By ERIC TUCKER

WASHINGTON (AP) — National Public Radio says it’s offering across-the-board buyouts in hopes of cutting its staff by 10 percent.

The buyouts, which are to be offered across the entire organization, were approved by NPR’s board of directors as a way to eliminate a projected operating deficit of $6.1 million.

NPR also announced Friday that board member Paul Haaga Jr. will serve as acting president and CEO effective Sept. 30. A search committee has been appointed to find a permanent replacement.

He succeeds Gary Knell, who is leaving after less than two years to become president and CEO of National Geographic.

NPR distributes news, information and music programming to 975 public radio stations, reaching 27 million listeners a week.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Article source: http://www.myfoxny.com/story/23426094/npr-offering-buyouts-to-cut-staff-by-10-percent

The Willis Report: Getting the right college financial aid package

Paying for college these days isn’t a matter of making good on their wish list, but putting one together that works for you.

The
reality for many schools is that they are competing mightily for a
declining number of students. In today’s environment, don’t assume a
large state or public school is the best option. Even with a higher
sticker price, a small private school may still give your son or
daughter more free money.

The flip side of that competition is
this: Shop with care. More than one higher-ed finance expert told us
that a small number of the nation’s 4,495 degree-granting institutions
may not even be around in four years because of declining state funding
dollars and enrollment. The last thing you want to do is pick an
institution because of its great aid package, only to find out it’s not
open the following year.

Watch out for a new tactic by
out-of-state public schools. With federal aid dollars dwindling, they
are looking to make up the difference from out-of-state students. That
“safety school” plan you envisioned may need an update.

FINANCING OPTIONS

The building blocks of a typical aid package are the following:

  • Federal need-based grants
  • Work-study funding
  • Subsidized Stafford loans (subsidized means the government pays the interest on your loan while you are in college)

Plus,
there are merit-based scholarships offered by the institutions
themselves. Then there are unsubsidized federal loans and parent PLUS
loans for Mom and Dad. The last of the list are private loans offered

Article source: http://www.myfoxny.com/story/23462710/the-willis-report-getting-the-right-college-financial-aid-package