Satisfries will be phased out at about two-thirds of Burger King's franchised units in the U.S. and Canada, while 2,500 restaurants will make the lower-fat, lower-calorie french fry offering a permanent menu item, the company said Wednesday. A small order of Satisfries, which launched last September, costs 30 cents more than the chain's regular fries.
EBay has become a de facto training ground for tech CFOs. The "eBay Mafia" comprises former financial executives who have become CFOs at top tech companies. EBay has a two-year training program to groom about 1,000 financial executives worldwide.
U.S. corporate cash is concentrated among 50 companies, which account for 62% of the total, according to Moody's Investors Service. Apple is at the top, holding 10% of nonfinancial companies' cash, followed by Microsoft, Google, Cisco Systems and Pfizer.
Some 195,000 jobs were added to the U.S. economy in June, according to the Department of Labor. The unemployment rate remained steady at 7.6%, however the size of the labor force grew by 177,000. The government also revised upward gains for April and May.
Candy, snack cakes, pretzels and most cookies all could be banned from schools under new federal regulations regarding snacks sold on campus, including in vending machines. Other items, such as high-calorie sodas and sport drinks, plus some juice drinks and most ice creams also could be banned. In their place, schools could sell such things as baked potato chips, granola bars, cereal bars, trail mix, dried fruits, fruit cups, yogurt, sugarless gum, 100% fruit drinks and baked lower-fat French fries.