Wallace Amos Jr., founder of Famous Amos cookies, dies at 88
(NEW YORK) — Wallace “Wally” Amos Jr., the founder of Famous Amos cookies, has died, his family said Wednesday. He was 88.
He died “peacefully” at home following a battle with dementia, his family said.
Amos, a native of Tallahassee, Florida, opened the first Famous Amos cookie shop in Hollywood, California on the famed Sunset Blvd. in 1975. Amos’ cookie brand exploded in popularity over the years, becoming known for its signature beige packaging and blue lettering.
“With his Panama hat, kazoo, and boundless optimism, Famous Amos was a great American success story, and a source of Black pride,” read a statement from the Amos family.
The statement continued, “It’s also a part of our family story for which we will forever be grateful and proud. Our dad taught as the value of hard work, believing in ourselves, and chasing our dreams. He was a true original Black American hero.”
The statement also asked for contributions to Alzheimer’s Association.
“We also know he would love it if you had a chocolate chip cookie today,” the statement finished.
Amos was recognized as the Horatio Alger Award recipient in 1987, an award who recognizes Americans who are “contemporary role models whose experiences exemplify that opportunities for a successful life are available to all individuals who are dedicated to the principles of integrity, hard work, perseverance and compassion for others.”
Amos’ membership page on the award’s website details a career as a music agent prior to Famous Amos. The founder also authored several books including The Famous Amos Story: The Face That Launched a Thousand Chips, The Cookie Never Crumbles: Practical Recipes for Everyday Living and The Man with No Name: Turn Lemons into Lemonade.
(NEW YORK) — Slow and steady may win the race for a tortoise vs. a hare, according to Aesop’s Fables. However, in reality, this turn of phrase does not ring true when applied to the gradual climb of consumer prices, especially with the latest exorbitant cost increases on items like eggs.
Egg prices soar nearly 20% since last year
The latest data from the Bureau of Labor Statistics showed prices on some household staples rose slightly slower than the overall rate of inflation, but food prices once again spiked upwards in July by 2.2% compared to last year.
Despite a dip in prices for rice, flour, and fish, the cost of a carton of eggs has been steadily on the rise, with a 19% increase from July 2023.
Since June, the price of eggs shot up 5.5% month-over-month.
The consistent increases have been attributed to a combination of factors, largely including a supply-driven price spike as a result of avian flu outbreaks that have wreaked havoc on poultry farms nationwide.
Earlier this spring, with a resurgence of highly pathogenic avian influenza (HPAI) in egg-laying flocks, the United States Department of Agriculture’s Animal and Plant Health Inspection Service reported that 13.64 million table egg-laying hens had been lost to the disease since the beginning of November.
(NEW YORK) — Chuck E. Cheese has just the ticket for parents looking to save some cheddar on family fun outings, thanks to its new membership plans.
The Texas-based pizzeria and family entertainment chain that brings arcades and animatronic shows under one roof, announced its first-ever nationwide, unlimited-visit monthly membership program to help unlock new discounts for one low monthly fee.
After a successful test run of its Summer Fun Pass boasting strong consumer demand, Chuck E. Cheese laid out details for the new program that will allow families to “visit Chuck E. Cheese as often as they want, play up to 250 games per day, and enjoy discounts of up to 50% off on most food and drinks,” the company said in a press release.
“We wanted to create a program that makes Chuck E. Cheese more affordable for families,” Mark Kupferman, the chain’s executive vice president, said in a statement. “Amid rising costs, our goal was to offer great value, and develop an easy, and fun solution for everyone. After nearly a year of successful testing in several markets, and great demand, we’ve seen firsthand how much families love it. We’re thrilled to launch this program nationwide.”
Personal finance expert and senior editor for Business Insider Katherine Fan told ABC News’ Good Morning America that “families can get a lot of value out of the Chuck E. Cheese Fund Pass, because it allows them to bring up to six family members on a single power pass.”
She added, “let’s say you go in on a Tuesday and you have the highest tier pass, which gets you 250 points. You can go right back again the next day and play 250 games again.”
What’s included in Chuck E. Cheese new membership plan?
There are three tiers with varying levels of gameplay and pricing, two of which are monthly memberships with unlimited visits. A single Fun Pass can be shared by a family with multiple children.
The Monthly Fun Pass Membership offers unlimited daily visits for one low, recurring monthly fee, whereas the Two-Month Fun Pass provides unlimited visits for two months for a one-time charge. Both packages offer the same benefits, with the main difference being the billing method.
The three tiers of Fun Pass are: Bronze Fun Passes for $7.99 per month with 40 games per visit and 20% off most food and drinks; Silver Fun Pass for $11.99 per month with 100 games per visit and 30% off most food and drinks, plus extra play points; and the Gold Fun Pass for $29.99 a month with 250 games per visit, plus 50% off most food, drinks and extra play points.
“For families looking for unlimited visits over a short period, like a holiday break or summer, the Two-Month Pass is a perfect fit,” Kupferman explained. “For those who love the idea of visiting year-round, the Monthly Membership is an outstanding choice. Both options provide incredible value and endless fun.”
Passes may be used at over 470 participating Chuck E. Cheese locations throughout the U.S.
New pricing plans from Chuck E. Cheese signals reboot
Like most indoor event spaces and restaurants, Chuck E. Cheese struggled amid the COVID-19 pandemic, and declared bankruptcy in 2021. But now the family entertainment chain is looking for a reboot to draw families back to their arcade style restaurant.
“The hardest part of any business is getting people in through the door or to your website. And with this fun pass — members are more incentivized to go through Chuck E. Cheese on a more regular basis,” Fan explained. “You’ll then be tempted to buy some drinks or get some food. Or maybe you’ll want to pay a little bit extra to play the crane games or have your kids play on the trampoline.”
This comes on the heels of other entertainment companies, including movie theaters, that have opted to test subscription pricing.
AMC Theaters reported the average ticket price in 2023 was $11.23, which for a family of four makes an outing to the movies $45, without any concessions.
But for regulars moviegoers, memberships can offer an opportunity to save. MoviePass, for example, starts at $10 a month for three free movies.
AMC Stubs A-List offers 3 free movies a week for a $25 monthly fee, with price contingent on location.
(NEW YORK) — The Department of Justice and Boeing have finalized their plea agreement — the manufacturer will plead guilty to conspiracy to defraud the United States and pay a fine of $243.6 million, according to a court filing.
Boeing will also serve a three-year term of organizational probation; invest $455 million in compliance, quality and safety programs; and the board of directors will meet with the families of victims of the two MAX crashes. An independent compliance monitor will also be appointed.
This is not a done deal until it is approved by U.S. District Judge Reed O’Connor in the Northern District of Texas, who can either approve the deal or reject it.
According to court documents, “the plea agreement will not provide Boeing with immunity for any other conduct, including any conduct that may be the subject of any ongoing or future Government investigation of the Company.”
In a statement, Boeing said, “Boeing and the Justice Department have filed a detailed plea agreement in federal court, which is subject to court approval. We will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen our safety, quality and compliance programs.”
Lawyers representing the families of MAX crash victims have voiced their displeasure to ABC News.
Paul Cassell, who represents 15 MAX crash victim families, said: “The proposed plea has all the problems in it that the families feared it would have. We will file a strong objection to the preferential and “sweetheart” treatment Boeing is receiving within seven days with Judge O’Connor. We will strongly urge him to reject this proposed plea.”
Mark Lindquist, who also represents victim families, said: “Most importantly this plea agreement fails to acknowledge that the charged crime of Conspiracy to Defraud caused the death of 346 people. This is a sore spot for victim families who want accountability and acknowledgment.”
Boeing was accused of misleading the Federal Aviation Administration about aspects of the Max before the agency certified the plane for flight. Boeing did not tell airlines and pilots about the new software system, called MCAS, that could turn the plane’s nose down without input from pilots if a sensor detected that the plane might go into an aerodynamic stall.
Max planes crashed in 2018 in Indonesia and 2019 in Ethiopia after a faulty reading from the sensor pushed the nose down and pilots were unable to regain control. After the second crash, Max jets were grounded worldwide until the company redesigned MCAS to make it less powerful and to use signals from two sensors, not just one.