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Stark similarities between a San Francisco brewery's beer can and the iconic soft drink cups used at In-N-Out prompted the burger chain to issue a cease and desist letter, though not without some light-hearted humor.Seven Stills Brewing recently crafted a new Neapolitan-style beer called "In-N-Stout," wrapped in a design resembling the much-loved burger chain's cup featuring palm trees and its signature yellow arrow.The resemblance is uncanny. So much so that it forced the burger chain to respond with a letter, politely asking the brewery to ditch the can.The brewery posted the pun-laden letter on Instagram, with the caption, "We count 9. Can you find them all?""Based on your use of our marks, we felt obligated to hop to action in order to prevent further issues from brewing," In-N-Out wrote. "We hope you appreciate, however, that we are attempting to clearly distill our rights by crafting an amicable approach with you, rather than barrel through this."We look forward to resolving this in good spirits," the letter ends.It's not the first time the brewery has taken inspiration from a popular brand. Seven Stills also brews a beer called "Rod and Reel," with a can featuring little fish resemble a "Swedish Fish" gummy candy wrapper.It's also not the first time in recent months In-N-Out has been forced to take action for its brand. The chain brought a lawsuit against Australian restaurant "Down N' Out" in April, claiming the restaurant misleads customers by passing off its product as similar to In-N-Out. 1552
The AARP launched new ads, demanding Congress take action to help older Americans to find affordable medication.It’s a problem David Mitchell is experiencing. He is fighting blood cancer, and treatment does not come cheap.“The drugs I use right now that are keeping me alive, keeping the cancer at bay, cost 0,000 a year,” he says. “That’s retail price.”Mitchell pays for expensive, supplemental insurance so he can afford his medicine, but the sticker shock for cancer medication became an awakening.“The experience as a cancer patient brought me face-to-face with a fundamental truth, and that is drugs don’t work if people can’t afford them,” Mitchell says. “And all over the country, people are struggling with high-drug costs. They’re cutting pills in half, they’re skipping doses, they go into debt, they declare bankruptcy.”David started an organization called Patients for Affordable Drugs. He’s on a mission to lower prescription prices. This week, he’s getting help from one of the largest nonprofits in the country.AARP launched a new campaign to pressure Congress not to make any changes to a bill they passed earlier this year that lowered drug costs for seniors.“AARP is saying absolutely not. This is wrong. We’re going to protect that deal that reduced costs for Medicare beneficiaries, and we’re not gonna give Pharma a billion bailout,” Mitchell says.Healthcare was a top issue during the midterm elections, and Mitchell hopes the new ads will put pressure on the new Congress to do more.“In the midterm elections, politicians ran on a promise to lower drug prices, and we believe that voters can Congress a mandate to do it,” Mitchell says. 1678

Supporters and opponents of the recent toppling of a Confederate monument in North Carolina turned out in Chapel Hill on Saturday to assert their stances.Seven arrests were made in connection to a gathering on McCorkle Place, the University of North Carolina-Chapel Hill media relations office said."Three arrests were for assault, the fourth for destruction of property and the fifth arrest for resisting an officer. The sixth arrest was for assault, destruction of property and inciting a riot. We are awaiting information on charges for the seventh arrest," the school said.Photos: Protesters topple Confederate statue at University of North Carolina at Chapel Hill?The rival rallies came after 250 protesters knocked over the University of North Carolina's controversial "Silent Sam" Confederate statue at the school on Monday night.On Saturday people congregated at and near the spot where the statue was torn down, news footage showed. Police were on the scene in numbers as people held banners, chanted and marched. Confederate flags could be seen. 1063
Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep: Someone who applies this year at age 62 would see their monthly benefit check reduced by nearly 30%.Many Americans have little choice but to accept the diminished payments. Even before the pandemic, about half of retirees said they quit working earlier than they’d planned, often due to job loss or health issues. Some have enough retirement savings to delay claiming Social Security, but many don’t. And now, with unemployment approaching Depression-era levels, claiming early may be the best of bad options for older people who can’t find a job.But the penalty for early filing, and the bonus for delaying your application, are based on old formulas that don’t reflect gains in life expectancy, says economist Alicia Munnell, director of the Center for Retirement Research at Boston College. The result is a system that unfairly penalizes early filers, unjustly benefits late filers — and hurts lower-income people the most.“Low-income people disproportionately collect benefits at 62 and their benefits are cut too much, and high-income people disproportionately delay claiming till 70 and their benefits are increased too much,” Munnell says. “So you penalize the low-income and you benefit the high-income.”The problem started off as a solutionOriginally, Social Security had one retirement age: 65. In 1956, Congress authorized a reduced benefit for women, to allow them to retire at the same time as their typically older husbands. The reduced benefit option was extended to men in 1961.The amount of the reduction was meant to be “actuarially neutral,” so that the cost to Social Security would be the same whether those with average life expectancies claimed the smaller check earlier or the larger check later.As life expectancies rose, though, early filers wound up living with the penalty for longer. In 1956, a 65-year-old woman had an average life expectancy of 16.9 years. Today, it’s 21.6 years, Munnell says. Instead of being actuarially neutral, in other words, the current system results in early filers with average life expectancies getting less.On top of that, Social Security offers a bonus for those who can afford to wait. A 1% delayed retirement credit was introduced in 1972, and the amount was increased over the years to the current 8%. So each year you put off claiming Social Security past your full retirement age adds 8% to your payment. Full retirement age varies according to birth year and is 67 for people born in 1960 or later.Let’s say your full retirement age is 67 and your benefit, if started then, would be ,000 a month. Starting at 62 would shrink the benefit to 0, while waiting until 70 to begin would boost the amount to ,240.The longer you live, the more you can benefit from a delayed filing — and the higher your income, the longer you’re likely to live. In fact, most of the gains in life expectancy in recent years have accrued to higher-income people.Between 2001 and 2014, for example, life expectancy rose by more than two years for men and nearly three years for women with incomes in the top 5%, according to a study for the Social Security Administration. During the same period, life expectancies for those in the bottom 5% of incomes rose a little less than four months for men and about two weeks for women.How benefits could change to be fairerTo restore actuarial fairness, the penalty for early filing should be lower, Munnell says. Someone who retires at 62 instead of 67 should get 22.5% less, rather than 30% less. Similarly, the bonus for waiting should be reduced to just below 7% per year.“The way it’s set up now, people will get 124% of their full benefit if they wait till 70 and they really should only get 120%,” Munnell says.Obviously, Social Security has bigger problems. Once its trust fund is depleted, as projected in 15 years or so, the system will be able to pay only 79% of promised benefits in 2035. That proportion is estimated to drop to 73% by 2094.When Congress finally gets around to fixing the system, Munnell says, it should consider making the payouts more fair.“I think there’ll be some grand bargain on Social Security at some point because I don’t think anybody’s really going to allow benefits to be cut 25%,” Munnell says. “This [actuarial fairness] probably should be put on the agenda.”This article was written by NerdWallet and was originally published by the Associated Press.More From NerdWalletHow to Renegotiate Your Bills to Save MoneyFeeling Out of Control? These Money Moves Could HelpRenters at Risk: Ways to Cope in the Financial CrisisLiz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. 4771
Taco Bell said on Thursday that it is eliminating one of its most iconic and long-time menu items from its list of options.The Mexican Pizza will be removed from the Taco Bell menu starting November 5. Other items leaving the menu are the pico de gallo and shredded chicken. The shredded chicken is used in a number of items, including quesadillas, tacos and burritos.Taco Bell is adding a chicken chipotle melt, which is grilled chicken, creamy chipotle sauce and cheddar cheese; and the Dragonfruit Freeze, which is a tropical frozen beverage. The chicken chipotle melt joins the menu Nov. 5, while the Dragonfruit Freeze arrives on September 24.In July, Taco Bell announced several other menu items were leaving the menu, including the Nachos Supreme, Beefy Fritos Burrito, Grilled Steak Soft Taco, 7-Layer Burrito, Spicy Tostada, Triple Layer Nachos, Spicy Potato Soft Taco, Cheesy Fiesta Potatoes and Loaded Grillers.Taco Bell said the changes to the menu is helping it in “creating a faster and more seamless restaurant experience.”“We’re constantly evaluating ways to provide a more efficient restaurant experience, and have already begun to see progress from streamlining our menu,” said Mike Grams, Taco Bell President, Global COO. “While we know fans may be understandably sad to see some of their favorites go, this evolution of our menu truly paves the way for fresh new ideas. The creativity and innovation in our kitchen hasn’t slowed down at all, and we look forward to rolling out new fan favorites.” 1524
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