MONEY deals

Here’s How to Get a Dozen Krispy Kreme Donuts for 78¢

krispy-kreme-glazed-donuts-78-cents
Bloomberg—Bloomberg via Getty Images Fun fact: A dozen "Original Glazed" Krispy Kreme donuts collectively pack 2,280 calories.

One catch is you'll have to buy another dozen at regular price.

Sad that you missed out on free donuts during National Donut Day last month?

Though you’ll have to wait ’til next year for more true freebies, you can at least snag some deep donut discounts this Friday, July 10.

To celebrate its 78th anniversary, Krispy Kreme will be selling original glazed donuts at 78¢ for a dozen, provided you are willing to shell out for another dozen at regular price (typically upwards of $8, depending on where you live). Still, that nets out to about $0.37 per donut.

To get the coupon via email, click the offer button on the company’s Facebook page.

A word to the wise: You might want to share those 24 donuts (a.k.a. 4,560 calories) with friends or coworkers.

Read More: Donut Fails—7 Flavors You Won’t See on National Donut Day

TIME Fast Food

Subway Suspending Relationship With Longtime Spokesman Jared Fogle

Disney-Pixar's "Inside Out" - Los Angeles Premiere
Jason LaVeris—FilmMagic Jared Fogle attends the premiere of "Inside Out" at the El Capitan Theatre on June 8, 2015 in Hollywood, California.

He has represented the chain for over a decade.

ZIONSVILLE, Ind. (AP) — The Subway sandwich chain says it’s suspending its relationship with Jared Fogle due an investigation involving the chain’s spokesman.

The statement from the company says Fogle continues to cooperate with authorities and that he expects “no actions to be forthcoming.” It said both sides agreed suspending the relationship was “the appropriate step to take.”

The statement comes after Subway removed pages referencing Fogle from its website. Fogle’s home had been raided earlier Tuesday by federal and state authorities.

Fogle became a Subway spokesman after losing 245 pounds by regularly eating Subway sandwiches.

TIME career

What to Know Before Choosing a Photo for Your LinkedIn Profile

The LinkedIn logo displayed on a phone.
Bloomberg—Bloomberg via Getty Images The LinkedIn logo displayed on a phone.

Remember to smile

Choosing the right LinkedIn photo is no easy feat: you can’t just upload your latest selfie and expect to score your dream job. The snapshot should be professional, and show prospective employers that you’re the perfect person for a role without looking too staged or cheesy. Choosing an exemplary photo just got more involved: new research suggests looking at least a “little” happy in your picture will make you appear more trustworthy to prospective employers.

So what does a “little” happy mean, as opposed to just, um, regular happy?

Through a series of experiments, researchers at New York University found that people who weren’t overtly smiling or laughing like hyenas in their pic, but rather adopting a positive, upward-curving expression (upturned eyebrows included) seemed like more reliable candidates. And on the other end, if you sport a down-turned expression, or look more hardened in your photo, you are more likely to be perceived as untrustworthy. Basically, don’t look too happy. Or deranged. I’m not sure why anyone would post a shot of themselves frowning, (no one likes an office grump!), but now you know.

One experiment involved face perception, where participants looked at different computer-generated faces on a screen and were asked who they would choose to be their financial adviser and who they would consider to most likely win a weightlifting champion. Not surprisingly, the participants chose the happier-looking faces to handle their money, and the faces with wider, more serious expressions to lift the weights.

Some bad news: you can’t really change how competent you appear in a photo, which is dependent on facial structure. That one seems unfair since LinkedIn is a very judge-a-book-by-its-cover space, but you gotta work with what you have.

Considering all of this and the stressful process of finding a job, try these sound tips when choosing the best photo for your profile: relax. Be yourself.

This article originally appeared on MIMI.

More from MIMI:

TIME Companies

General Mills Moves Toward Cage-Free Eggs

The company did not provide a date by which it would be 100% cage-free

General Mills is working toward using exclusively cage-free eggs in its products, according to a statement released by the company on Tuesday.

The food manufacturing giant has many product lines that use eggs, including Pillsbury, Betty Crocker and Progresso soups. The company did not provide a date by which it will be 100% cage-free, citing the current avian flu crisis as “deeply disruptive” to any such plans. General Mills’ largest international business, ice cream maker Häagen-Dazs, already sources 100% free-range eggs for its products.

General Mills’ shift to cage-free eggs comes on the heels of Costco coming under scrutiny for mistreatment of the hens that produce the retail chain’s eggs. Costco did not immediately commit to making more of an effort to source cage-free or free-range eggs—even after a letter from Ryan Gosling urged the company to do so.

MONEY groceries

This Grocery Shopping Habit Could Be Making You Fat

grocery-bag-junk-food
Katrina Wittkamp / Digital Vision

What's good for the environment might be bad for your waistline.

Eco-friendly grocery shoppers beware: Toting a reusable bag to the market can be a diet destroyer, new research finds.

The study, conducted by Harvard and Duke business school professors, suggests that when people do something that feels noble, they’re then subconsciously motivated to seek out a reward—often in the form of junk food.

“Grocery store shoppers who bring their own bags are more likely to purchase organic produce and other healthy food,” write the authors, “but those same shoppers often feel virtuous, because they are acting in an environmentally responsible way. That feeling easily persuades them that, because they are being good to the environment, they should treat themselves to cookies or potato chips or some other product with lots of fat, salt, or sugar.”

This effect seems to be stronger on non-parents than parents, perhaps because people with children are more influenced by what their kids want than what they themselves want, the authors suggest.

Generally speaking, these findings seem to support the classic wisdom that grocery runs are best done with the aid of a shopping list to keep you on track. Other studies have found that shoppers are easily (and intentionally) led to buy extra groceries because of carefully engineered store layouts, among other retail tricks.

And—in any case—there’s some good news: Those lightweight plastic bags at the grocery store might not be as bad for the environment as you thought, after all.

Read More: Here’s How to Save Hundreds on Groceries

This Is America’s Favorite Supermarket

Whole Foods Is Accused of Overcharging Customers Again

TIME Greece

Here’s What Could Happen Next in Greece

No one cares enough to save Greece with their own money

Confused? You should be.

All sides say they still want Greece to stay in the euro, and as long as that’s the case, then there’s always a chance that they will make the necessary compromises.

However, all sides are acting like they would rather Greece were out of it: Greece’s government has made impossible promises about keeping the euro without austerity. The Eurozone’s last offer was a deal that pretended Greece has a realistic future in the currency union without growth. The European Central Bank is pretending that Greece’s banks are solvent, but still refusing to lend them any more money to cover a massive run by depositors.

So where do things go from here?

1. How long can the current deadlock last?

The best guess is still July 20th. This is the day when Greece is due to repay the ECB €3.5 billion. It will miss that payment barring some kind of miracle. On that day, it becomes politically impossible for the ECB to continue making emergency short-term loans to Greek banks. If the ECB won’t take the Greek government bonds as collateral, their value will collapse, and the banks will become insolvent (for supervisory purposes, their current troubles are deemed to be ‘temporary’ liquidity difficulties).

No sensible investor would put new money into a bank in that situation, so you would have to use administrative measures to reduce the banks’ liabilities to a level where they are properly covered by assets. The only realistic ways to do that are to convert deposits into equity, or to “haircut” them. That can either be done by simply writing them down or by redenominating them in a new currency.

2. Is there no hope that the creditors will back off on the demand for austerity?

Actually, yes, there is. The creditors’ red line is to write off part of the money Greece owes them. But they can achieve the same effect by rescheduling the debt so that it’s paid off over a much longer time (say 50 years) and with a long grace period. That way, Athens wouldn’t have to run as tight a budget as is currently being demanded, giving the economy more room to grow. If the economy is growing and the debt level isn’t, then pretty much everybody would be satisfied with that.

But there are a lot of problems even with that. For one thing, Greece is already paying less, proportionately, on debt servicing than countries such as Italy and Belgium (whose coat-tails they would be riding on). For another, it would encourage radicals in other countries, bolstering the kind of tax-and-spend leftism that is anathema to Berlin and the European Commission. And most importantly, growth depends on more than writing debt off. The IMF, which suggested the above idea on debt re-profiling last week, despairs of the Greek government ever reforming enough to generate growth.

3. Will Germany relent?

German press coverage has started to swing against Chancellor Angela Merkel as the risk of breaking up the Eurozone rises (see above), but it’s happening too late to change a groundswell of public opinion bitterly opposed to lending Greece any more money. Merkel herself said that there are “only a few days left” to avoid the worst as she arrived for today’s summit. In that timeframe, she has more to lose politically by caving in to Greece than by refusing them. The most likely outcome is that she will try to spin a “Grexit” as a measure to strengthen the euro’s credibility. The Eurozone’s political elite would dearly like to believe that, but the evil Anglo-Saxon speculators who dominate global finance will take more convincing.

4. Can anyone else stop Greece being forced out?

It’s clear that governments from China to the U.S. are concerned by what could happen if Greece goes (President Barack Obama has called Merkel and France’s President Hollande in recent days to voice those concerns). There will be major market volatility (and China’s are quite volatile enough already), huge question marks over the future direction of the E.U., another slowdown in its economy (the world’s largest), and a failed state right on the front line of a migrant crisis that is a major humanitarian disaster.

Despite all this, no-one (not even Vladimir Putin or Nobel Prize-winning liberal economists) seems to care enough about the Greek state, in its current dysfunctional form, to save it with their own money.

5. Would Greece be better off without the euro?

Who better to ask than the Greeks themselves? A Bloomberg poll last week showed 81% of people wanting to keep the euro, and only 12% wanting a return to the drachma. That’s because a euro is a hard currency, with real spending power. Nobody knows what the value of a currency printed at will by Greek governments would be worth, but Greeks remember the last one well enough to have very serious doubts about it. For more on what a drachma would be worth – read this by Fortune’s Stephen Gandel.

6. So why did Greeks vote ‘no’ at the referendum?

Because the government’s message–that this was about austerity–drowned out the warnings from the rest of Europe that it was actually about keeping the euro. That suggests that Greeks are still suffering from acute cognitive dissonance, believing that they can keep the euro without the conditions that everyone else in the Eurozone says are necessary.

7. Will Greece cave at the last minute?

Maybe. The government has to pay pensions and public-sector wages again at the end of every month, and it will not be able to gather together the euros to do that after July 20th. So at some stage it has to admit who has ultimate control over the supply of euros. At that point, it could accept the creditors’ demands. But so many of Tsipras’ party would rebel that the country will need new elections and a new parliament to have any hope of implementing a new deal. On the bright side, once Tsipras and Syriza are out of power, the European might be more inclined to grant debt relief. Politics is a personal business, after all.

This article originally appeared on Fortune.com

TIME Netflix

Netflix Announces Release Dates For its First Original Movies

2013 Winter TCA Tour - Day 6
Frederick M. Brown—Getty Images

This is a new frontier for the video streaming service

Netflix has finally announced the release dates for its initial wave of original films, and the first — “Beasts of No Nation” by acclaimed director Cary Fukunaga — will be available as soon as October this year.

The other films — Adam Sandler’s “The Ridiculous Six,” “Pee-Wee’s Big Holiday,” and “Crouching Tiger, Hidden Dragon: The Green Legend” — will be released in December, March, and sometime in the first quarter of 2016, respectively, the company said.

The films will all be made available on Netflix, but some will also be released in cinemas. “Beasts of No Nation” will be released concurrently on the streaming service and in select theaters, and the “Crouching Tiger, Hidden Dragon” sequel will be shown in Chinese theaters and in IMAX.

The original films represent a new frontier for the video streaming service, which enjoyed huge membership gains after the introduction of original TV series such as “Orange is the New Black,” and “House of Cards.” Creating original films takes that success one step further.

Netflix’s foray into original films also promises to shake up the film’s industry’s business model, in which movies (or at least the good ones) are only released to streaming services and DVD a few months after they are shown in theaters.

TIME Money

Why Companies Should Pay Bonuses Twice a Year

dollar bill sliced vertically into sections
Getty Images

A semi-annual bonus can be a better motivator for employees than a single year-end payment

Whether you find personal satisfaction in your job or work purely for a paycheck, money is an important motivator. Intellectual stimulation or a sense of accomplishment are great to have but they don’t pay the bills. A common and popular mechanism used by companies to reward employees is the year-end bonus, which serves as a carrot for workers to aspire to as well as a stick for those who don’t perform.

But does it really work as it should and is a semi-annual bonus more effective in motivating employees?

Here is why a year-end bonus is problematic. Even though it ties employees down for a whole year with the company and theoretically makes them work hard for it all year round, twelve months is a long time and employees can lose their motivation during that period for a number of reasons. These include uncertainty and worry about whether they will be rewarded appropriately at the end of the year, lack of financial milestones along the way to indicate how they’re actually doing, and resentment at their bonus being withheld so long, especially if they’re struggling to meet financial obligations during the year.

Handing out bonuses twice a year, by contrast, can mitigate uncertainty, send a clear signal to employees about how well they’re performing, reduce their resentment at being forcibly tied to the company for an entire year, and enable them to lead a more comfortable life with money in their pocket. This in turn can engender more loyalty from employees and incentivize them to do their best work for a company that they feel cares about and values them.

In addition, since a bonus serves as the perfect report card, a semi-annual bonus can be used to encourage employees to adjust their performance during the course of the year instead of only at the end when they receive their annual performance review. That obviously benefits the company but can also help employees improve their work product and increase their chances of a receiving a higher bonus in the next cycle.

Finally, a side benefit for a company of a semi-annual bonus cycle is in budgeting. Since employee compensation is often a large portion of a business’s costs, handing out part of the bonus at mid-year can provide a more realistic assessment of the money left over to meet other operating costs and prompt the company to plan the rest of the year accordingly.

For all these reasons, businesses that hand out bonuses only once a year should consider changing their policy.

S. Kumar is a tech and business commentator. He has worked in technology, media, and telecom investment banking. Kumar does not own shares of the companies mentioned in this article.

TIME

7 Things You Must Take Off Your LinkedIn Profile Immediately

LinkedIn on a mobile phone
Felix Choo—Alamy

Drop what you're doing and get rid of these clunkers

Your LinkedIn profile can be the ticket to a better job and career advancement, but if you’ve got the wrong stuff in there, it’s going to just hold you back instead. Career experts say these are the top offenders.

Your unemployed status. Don’t use your headline to write that you’re unemployed, even if you use the somewhat gentler-sounding “looking for my next opportunity,” the blog Things Career Related advises. “This is prime real estate for branding yourself and including some keywords.” The odds that a potential employer will be searching for “unemployed?” Zilch.

A bad picture. The average recruiter spends all of six seconds looking at a resume, according to a study conducted by TheLadders. A weird, unflattering or distracting picture will distract people. “Use a professional photographer to get an image that viewers will find appealing,” Katherine Burik advises on the Interview Doctor blog. We have a hard time seeing pictures of ourselves objectively, she says. Having a crisp, professional head shot can help mitigate that.

The third-person summary. Yes, the summary is kind of like a resume in terms of the information it delivers, but it also needs to convey who you are as a person. Wooden, third person or passive voice will just fall flat, according to a Business Insider interview with LinkedIn’s former career expert, Nicole Williams. “This a great place to reflect your professional brand… [but] remember this is a place to infuse personality.”

Dust. Metaphorical dust, that is. Keeping your profile active is one of the most important signals you can send to a prospective employer, says LinkedIn career expert Catherine Fisher. “A robust and active profile can be your ticket to a variety of professional opportunities,” she says. If you don’t have the time or the writing chops to keep up a blog, don’t worry; there are other ways to show that you’re plugged-in to what’s going on in your industry. “An easy way to do this is to like or comment on the status updates of others in your network,” Fisher says.

Lame cliches. Every year, LinkedIn publishes a roundup of the most overused words people have in their profiles. The current top culprits: motivated, passionate and creative. Although some industries have other words that make the most-overused list — in the sales and talent fields, for instance, “strategic” is the biggest offender — notice what makes all of these words terrible: They’re generic, which means they’ll say nothing about why you in particular would be a good fit for a certain job.

Anything out of date. If you don’t update your resume often, it’s not the end of the world as long as you’re not looking for another job. LinkedIn is different, though; you have to approach it with the attitude that you’re always open to job-seekers, which means keeping your profile up-to-date in every way.

Fibs, white lies and exaggerations. Just don’t. It’s so easy to fact-check almost anything about a person’s work history these days, this is almost guaranteed to be a fail.

TIME

Gen Y’s Secret Retail Guilty Pleasure

If you guessed Etsy or Urban Outfitters, you guessed wrong

Millennials love all things artisanal, hand-crafted and customizable, so it stands to reason that one of their top retail destinations is… Walmart?

New data about shopper patterns and preferences uncovers some interesting findings when it comes to the behemoth of Bentonville. According to an article in AdAge, “Walmart indexes higher with those under age 24 than Target, Costco, Kroger, Whole Foods or Trader Joe’s. It’s also rated higher than all those except Target with shoppers aged 25 to 34.”

While this doesn’t mean millennials are more likely to shop at Walmart, “It does mean that millennials spend a higher proportion of their money at Walmart than older generations,” says Jared Schrieber, co-founder and CEO of InfoScout, a company that analyzes consumers’ shopping behavior, which collected the raw data used in the AdAge article.

“[Millennials] are in the first life stage where they often have complete control over their spending,” says Jason Dorsey, millennials researcher and strategist at the Center for Generational Kinetics. It’s striking, he says, “that a traditional, established brand that gets negative press around hot button topics for millennials is still able to win a large group of millennials.”

Walmart’s CMO Stephen Quinn told AdAge, “That kind of shocks a lot of people, including inside the company.” He chalked it up to young adults’ increasingly busy lives. “As millennials become time-crunched with relationships and kids coming along, it’s opening up a strong need for them to have a one-stop shop,” he said.

Schrieber said young adults are also at a point in their lives when stores like Walmart fill a crucial need. “This is highly reflective of their life-stage in that they are establishing their own households for the first time, which results in higher proportions of spend on the household goods offered by big-box retailers such as Walmart and Target,” he says.

“Wal-Mart still has something that meets the needs of this new generation of young adults — budget-sensitive and one-stop shopping,” Dorsey says. “It will be interesting to see if as millennials grow up and their incomes increase, if Walmart is able to convert this current advantage… into long-term loyalty.”

Across all age groups, American households do about 24% of their spending on groceries, cleaning supplies, health and beauty products and the like at Walmart. Among millennials, that figure is 8% higher. “Millennials spend a higher proportion of their money at big-box retailers than other channels such as traditional grocers, drug stores or dollar stores,” Schrieber says.

The InfoScout data also shows that Gen Y hasn’t abandoned its love for Tar-jay: While the average household does 8.6% of its grocery and related items spending at Target, the average millennial household funnels 11.6% of its spending in this category to that retailer. In big data jargon, Target claims a 35% higher “share of wallet” from millennials than from shoppers overall.

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