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Facebook Tweaks News Feed to Cut Down on Hoaxes

Facebook Tweaks News Feed to Cut Down on Hoaxes

ABC News(NEW YORK) -- A new Facebook policy aims to scrub your news feed clean of possible hoaxes.

The first line of defense for stopping the spread of misinformation is with users. Facebook is asking people to help weed out false and misleading reports by flagging stories with a simple click.

If enough people report a story, Facebook said it will still share the message in news feeds but will add a warning message that indicates a post has been reported as a potential hoax.

The algorithm will also take into account how many people choose to delete a post after a link has been reported, which Facebook said often signals that a story is bogus.

When it comes to your favorite satirical news websites, you can rest easy. The social network said it found in testing that people tend to not report content that is clearly created to garner a few laughs.

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Wall Street Rallies to Post Gains Tuesday

Wall Street Rallies to Post Gains Tuesday

iStock/Thinkstock(NEW YORK) -- Wall Street rallied from early-session losses Tuesday to post small gains, while gas prices continued to fall.The Dow Jones Industrial Average gained 3.66 to a close of 17,515.23.The Nasdaq jumped 20.47 to 4,654.85, while the S&P 500 ended the session at 2,022.55, up 3.13 from its open.Earlier Tuesday, the U.S. Energy Department's Energy Information Administration released the weekly report on gas prices, placing the national average price of a gallon of gas at $2.14. ABC's Chief Economic and Business correspondent Rebecca Jarvis predicted that if the current trend continues, that figure could dip below $2 per gallon by the weekend.Also on Tuesday, Shake Shack filed documents with the Securities and Exchange Commission detailing its IPO, which could be worth as much as $80 million.

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Shake Shack Unveils Expectations for IPO

Shake Shack Unveils Expectations for IPO

Shake Shack(NEW YORK) -- Burger chain Shake Shack filed new preliminary documents with the Securities and Exchange Commission on Tuesday describing its expectation for its initial public offering.The documents filed by the company anticipate the sale of five million shares of the stock at an IPO price of $14 to $16, about the cost of two double shackburgers from the popular eatery. The company has also filed to be listed on the New York Stock Exchange under the symbol "SHAK."Documents previously filed with the SEC hinted at an IPO, but did not list how many shares it expected to offer or at what price.Shake Shack began in 2001 as a single hot dog cart in Madison Square Park in New York City. Created by Danny Meyer's Union Square Hospitality Group, the cart was a success, and in 2004, USHG won a bid to open a permanent kiosk in Madison Square Park.There are now 62 Shake Shack locations worldwide listed on the company's website, ranging from New York City to Beirut and Las Vegas to Moscow.According to documents filed with the SEC, Shake Shack posted a profit of about $5.4 million in 2013, up from $4.1 million in 2014.Shake Shack plans to use the proceeds from the IPO to repay money borrowed, open new locations and renovate existing locations.

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Shake Shack Unveils Expectations for IPO

Shake Shack Unveils Expectations for IPO

Shake Shack(NEW YORK) -- Burger chain Shake Shack filed new preliminary documents with the Securities and Exchange Commission on Tuesday describing its expectation for its initial public offering.The documents filed by the company anticipate the sale of five million shares of the stock at an IPO price of $14 to $16, about the cost of two double shackburgers from the popular eatery. The company has also filed to be listed on the New York Stock Exchange under the symbol "SHAK."Documents previously filed with the SEC hinted at an IPO, but did not list how many shares it expected to offer or at what price.Shake Shack began in 2001 as a single hot dog cart in Madison Square Park in New York City. Created by Danny Meyer's Union Square Hospitality Group, the cart was a success, and in 2004, USHG won a bid to open a permanent kiosk in Madison Square Park.There are now 62 Shake Shack locations worldwide listed on the company's website, ranging from New York City to Beirut and Las Vegas to Moscow.According to documents filed with the SEC, Shake Shack posted a profit of about $5.4 million in 2013, up from $4.1 million in 2014.Shake Shack plans to use the proceeds from the IPO to repay money borrowed, open new locations and renovate existing locations.

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NH Introduces New Bacon-Scented, Scratch-and-Sniff Lottery Ticket

NH Introduces New Bacon-Scented, Scratch-and-Sniff Lottery Ticket

NH Lottery(NEW YORK) -- Lottery tickets in New Hampshire just got a whole lot more fun, win or lose. The smell of bacon will be wafting up from the state’s first-ever scented scratch-off ticket.The “I Heart Bacon” scratch ticket costs $1 and offers a grand prize of $1,000. When players scratch the ticket, a “generous” whiff of bacon is released.“The lottery is focused on developing new and fun ways to engage customers. The ‘I Heart Bacon’ scratch ticket combines two things people love: the chance to win cash and the wonderful, enticing smell of bacon,” New Hampshire Lottery Commission executive director Charlie McIntyre said in a statement. “Every time players scratch an ‘I Heart Bacon’ ticket, they will think it is time for Saturday morning breakfast, and they might just scratch and sniff their way to $1,000!”The odds of winning the grand prize are one in 391,800. But you have one in 7.89 odds of winning back your dollar.

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NH Introduces New Bacon-Scented, Scratch-and-Sniff Lottery Ticket

NH Introduces New Bacon-Scented, Scratch-and-Sniff Lottery Ticket

NH Lottery(NEW YORK) -- Lottery tickets in New Hampshire just got a whole lot more fun, win or lose. The smell of bacon will be wafting up from the state’s first-ever scented scratch-off ticket.The “I Heart Bacon” scratch ticket costs $1 and offers a grand prize of $1,000. When players scratch the ticket, a “generous” whiff of bacon is released.“The lottery is focused on developing new and fun ways to engage customers. The ‘I Heart Bacon’ scratch ticket combines two things people love: the chance to win cash and the wonderful, enticing smell of bacon,” New Hampshire Lottery Commission executive director Charlie McIntyre said in a statement. “Every time players scratch an ‘I Heart Bacon’ ticket, they will think it is time for Saturday morning breakfast, and they might just scratch and sniff their way to $1,000!”The odds of winning the grand prize are one in 391,800. But you have one in 7.89 odds of winning back your dollar.

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How Google, SpaceX Could Create Space-Based Internet Service

How Google, SpaceX Could Create Space-Based Internet Service

iStock/Thinkstock(NEW YORK) -- The great Internet space race is shaping up to be a wild ride.Google and SpaceX both share the same vision to create an Internet service that can connect people in all corners of the world and now both companies are reportedly considering working together to connect the world with satellites as the middlemen.Elon Musk, the CEO of SpaceX, said he wants to launch a constellation of satellites to create a global Internet service that could connect people who don't have access and would handle long-distance traffic."It's like rebuilding the Internet in space," Musk told an audience in Seattle last week, where his company is opening a satellite production plant.The possible billion-dollar partnership was first reported by technology website "The Information," which cited someone familiar with negotiations between the two companies.Partnering with Musk's SpaceX to create a constellation in low-Earth orbit seems like a fit for Google, which has long had its sights on global connectivity. Through its Project Loon, the company has been testing large Internet-equipped balloons that float through the stratosphere.Google took its interest a step further in April of last year when the company acquired drone company Titan Aerospace. Acknowledging it was "still early days," Google said in a statement that "atmospheric satellites could help bring internet access to millions of people, and help solve other problems."Musk's plan differs from Project Loon and other attempts by creating smaller satellites that can be launched into low-Earth orbit. While it wouldn't necessarily -- or immediately -- replace all hard-wired communications, Musk explained why his plan was ideal for long-distance communications.Communicating across long distances is faster if the information is routed through a vacuum instead of a fiber, allowing "inherently better...long distance traffic through space," he said.While neither company has commented on the reports they will team up, Musk said he plans to use eventual revenue from the project to help fund his dream of colonizing Mars.Musk's announcement came the same week Virgin Galactic and Qualcomm teamed up with satellite company OneWeb to announce plans for a similar satellite system to foster high speed worldwide connectivity.

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How You Can Buy Gas for Under $1 a Gallon

How You Can Buy Gas for Under $1 a Gallon

Getty Images(NEW YORK) -- While oil and gas prices are plummeting, some drivers can take advantage of deeper discounts than others -- thanks to your local grocery store.In Arizona, grocery shoppers can get gas below $1 a gallon thanks to their rewards programs at Shell or Circle K stations.Market chains like Safeway and Walmart also offer rewards and discount programs that tie grocery purchases with gas rewards.The fuel program at Fry's Food Stores, owned by The Kroger Company, offers up to $1 off per gallon on fuel purchases. Shoppers can redeem up to 1,000 fuel points in a single fill-up at Fry's or at participating Shell or Circle K Stations for up to $1 off per gallon. For each increment of 100 fuel points redeemed at Fry's, 10 cents off per gallon will be awarded, up to 35 gallons.Safeway’s program offers 10 cents off per gallon for every $100 spent in the stores. For every dollar you spend on groceries at Safeway you get one point. Earning 200 points gives you 20 cents off per gallon, good for a single visit at a participating gas station. Exxon Mobil stations are the ones partnering with Safeway in this offer.Walmart's credit card offers a 5 cent discount per gallon at the pump, or a 3 cent discount with Walmart's money or gift card, at about 1,000 Walmart or Murphy USA gas stations in 21 states. There's an exception in Alabama, where you have to get the discount on your statement, and not directly at pump.

The average price for regular is $2.14 a gallon, according to the Energy Department's weekly analysis of national gas prices released on Monday. That's down about $1.19 from a year ago and nearly 8 cents from last week.

Warning: Falling gas prices and fuel rewards programs may incite pump envy. For example, some states like Wisconsin, won’t let gasoline be sold at a loss. The Wisconsin Unfair Sales Act essentially prohibits selling gasoline without marking it up either 6 percent over cost or 9.18 percent over the local wholesale price, whichever is higher.

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JCPenney’s New Mailer: Don’t Call It a Catalog

JCPenney’s New Mailer: Don’t Call It a Catalog

JC Penney(NEW YORK) -- In a blast from the past -- sort of -- JCPenney is bringing back old-school mailings to draw customers to its website and brick-and-mortar stores.JCPenney is adamant that the 120-page mailer isn't a catalog like the "Big Book" mailings of old, but a more streamlined marketing tool, a company spokeswoman told ABC News.The traditional Big Book catalogs launched in 1963, with three Big Books each year sometimes spanning 1,000 pages, the company said. The last of those was the Fall/Winter 2009 issue.In contrast, the new JCPenney mailer will focus on home and lifestyle products and not on fashion. Fashion items comprised a large portion of vintage JCPenney catalogs that can still be found online."We are simply issuing a more robust home mailer, which is something we used to do prior to 2012 before new leadership took over. Customers, particularly when it comes to home items, still like flipping through a traditional print piece," along the lines of those by Pottery Barn, Crate and Barrel and West Elm, a JCPenney spokeswoman said.The mailer is a "traffic-driving piece" with the goal of having customers visit JCP.com, call customer service, or go to one of about 1,100 JCPenney stores.JCPenny, based in Plano, Texas, is at the tail-end of a turnaround plan. In November, it reported dropping sales in its third quarter. But this month, the company reported its recent holiday sales had increased 3.7 percent compared to the previous year.

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Windows 10: What to Expect from Microsoft’s Big Event

Windows 10: What to Expect from Microsoft’s Big Event

jhutchin/iStock Editorial/Thinkstock(REDMOND, Wash.) -- Microsoft is gearing up for a Windows 10 event on Wednesday that should provide new insights into the operating system makeover that the technology giant first teased last year -- along with a number of other surprises.Billed as the "next chapter" event for Windows 10, Microsoft will host a live stream from their Redmond, Washington headquarters on Wednesday at 12 p.m. ET.At the top of the list is the report of a new default browser that is not Internet Explorer. The news was first tweeted by Thomas Nigro, a Microsoft student partner lead.The tweet was corroborated by ZDNet, which cited sources saying that the tech company is building a new browser that will have a similar user experience to Mozilla's Firefox and Google's Chrome.A new browser would be huge news for the legions of Microsoft fans who have a love-hate relationship with Internet Explorer.Microsoft is also expected to discuss more of the consumer features for Windows 10 at the event. The latest operating system was unveiled in September and has an emphasis on increasing productivity.Among the new features are multiple desktops, the ability to work within multiple windows without switching screens and a "task view" feature.Many keen Microsoft observers will note that the company skipped over the No. 9 in naming the latest iteration of the software. It's something a company spokesman said signals how the operating system has evolved."Windows 10 carries Windows forward into a new way of doing things. It is not an incremental change, but a new Windows that will empower the next billion users," the spokesperson said.It's also worth noting that the event comes nearly one year after Satya Nadella became CEO of Microsoft. The event is perhaps Nadella's most important moment to date during his tenure, marking the release of new products that align with Microsoft's goal of increasing productivity for its users.

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Oreo Launching New Red Velvet Flavor

Oreo Launching New Red Velvet Flavor

OREOS(NEW YORK) -- After months of rumors and hopeful Tweets, Oreo has confirmed that it is introducing a brand-new flavor: red velvet.The company took 18 months to perfect the flavor, which has a red velvet cookie with cream cheese-flavored crème inside.“The brand decided on Red Velvet Oreo as its latest flavor as part of its ongoing mission to put its own twist on popular flavors,” an Oreo representative told ABC News. “This time around, OREO saw how much consumers love all things red velvet, so it decided to combine the perfect mix of the chocolate OREO cookie taste fans love with a cream cheese-flavored crème for those red velvet fanatics.”The cookie goes on sale starting Feb. 2, but fans can win an early taste at OreoRedVelvetRope.com through Jan. 22.

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High Movie Ticket Prices Driving Down Ticket Sales

High Movie Ticket Prices Driving Down Ticket Sales

iStock Editorial/Thinkstock(NEW YORK) — TV may be better than ever but that's not the only thing responsible for fewer movie tickets sold in 2014.In fact, a PricewaterhouseCoopers survey says that the leading cause of the decline in domestic box-office revenue had to do with the rising cost of seeing a movie. Fifty-three percent of respondents gave that as their reason for fewer trips to the local multiplex.During the third quarter of last year, the average price of a ticket was $8.08, about 24 cents higher than the same period in 2013. Meanwhile, concession revenue climbed ten percent to an average of $4.29 per movie customer.As a result, one in four U.S. consumers said they saw fewer movies last year.PricewaterhouseCoopers said everything that the industry is doing to try and counter these losses appears to have little effect -- that includes 3-D movies, advances in digital technology and improved seating.

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Watch Out, Spanx: “Shark Tank” Shapewear Business on the Rise

Watch Out, Spanx: “Shark Tank” Shapewear Business on the Rise

Courtesy Susie Sutton(NEW YORK) — The hot pants boosted by the first joint investment by two female Shark Tank investors are selling like never before since appearing on the ABC show.With a line of tops, leggings and capris, the company's trademarked tagline is: "'Cause a girl has a right to look tight.""We call ourselves 'shapewear redefined,' a fashion trouser with fully integrated shapewear liner from the waist to below the calf," co-founder Jenny Greer, 43, told ABC News.Shapewear has increasingly become a huge business, with companies like Spanx making billions of dollars.The Georgia-based company Hold Your Haunches first appeared on Shark Tank in April. Founders Greer and Erin Bickley, 46, of Macon, Georgia, received a $75,000 investment from "sharks" Barbara Corcoran and Lori Greiner.In the year leading up to that episode, the company earned $165,000 in sales. Six months after Shark Tank, the company had $1.5 million in sales.After co-founders Bickley and Greer appeared on Shark Tank again this past Friday night for an update, the company reported that it had sold another 1,900 pairs of pants, making $280,000 just over the weekend."We were told by Barbara, because we aired and had a re-run it was explosive -- she told us not to expect the same reaction, because it was so short and it doesn’t describe what the product is," Bickley, formerly a part-time floral and interior designer, told ABC News. "We never know what to expect because we have been pleasantly surprised."The stay-at-home moms came up with the idea in 2010, then built various prototypes before selling their first pair online in November of that year.Their price range is $120 to $149 and about 80 percent of their sales come from their website, while the rest is sold in high-end boutiques across the country."We have employees who help us with things out of our wheelhouse, but we love having that relationship with our customers directly," Bickley said, using social media like their Facebook page.Next up their sleeves are "On Top by HYH" long-sleeve and tank tops.The pair said they are enjoying the "Shark Tank effect" on their business."Since we aired in April, we are constantly being surprised by the growth," Bickley said. "[Barbara and Lori] both will offer any advice or answer any questions. They will do anything we need them to, but we haven’t asked for a whole lot. They are going to continue helping us build the brand. And I guess people need to know how accessible they really are. I think it’s exciting for people to know -- we can only speak for ours -- after they've done a deal, they are in our cell phones and email."

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Gasoline Prices on Track to Dip Below $2 a Gallon Nationally

Gasoline Prices on Track to Dip Below $2 a Gallon Nationally

Miguel Villagran/Getty Images(WASHINGTON) — A losing streak that lasts 116 consecutive days is nothing to write home about -- but you won't hear American motorists complaining.Each day for nearly four months, the price of a gallon of gasoline has dropped, the longest streak of its kind in U.S. history.With low demand for crude oil continuing because of overproduction, the Energy Department says the average price for a gallon of regular is now $2.14.The last time gasoline prices were this low was the summer of 2008, right before the near-collapse of the global economy.ABC's Chief Economic and Business correspondent Rebecca Jarvis says if the current trend continues, as it's expected to, prices at the pump could dip below $2 a gallon nationally by the weekend.

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Meet the $1 Million Robot You Can Buy on Amazon

Meet the $1 Million Robot You Can Buy on Amazon

YOSHIKAZU TSUNO/AFP/Getty Images(NEW YORK) -- A robot that takes its cues from its operator's facial expressions to shoot at enemies is now for sale on Amazon, suggesting that you can buy just about anything on the e-commerce giant's website.While it's unclear if the sinister shooting feature is for sale in this version of the Kuratas robot, a starter's kit is being offered on Amazon Japan for a little more than $1 million.Standing nearly 13 feet tall and weighing five tons, Kuratas looks like something out of a Hollywood action movie. While it may have the feel of a tank, the gasoline fueled robot moves at a top speed of 6 miles per hour.A video from 2012 provides a bit more insight into how Kuratas works.The rider climbs on board the robot, presses a button and slips into the cockpit from which they can operate the robot. Kuratas can also be operated via a smartphone hooked to a 3G network, according to a video released a few years ago when the project was first being developed. The command to shoot at an enemy: a smile. The video calls the feature "smile shot."While there are reviews left on the Amazon website, it was unclear if anyone has actually purchased the robot. A translation of the website listed just one Kuratas in stock and it was unclear if more were expected to be sold.One more thing -- buyer beware: The Kuratas doesn't come with arms and the $1 million purchase is for a starter kit that requires assembly, according to the Amazon Japan website.

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Mark Zuckerberg Reveals His Next Book Club Choice

Mark Zuckerberg Reveals His Next Book Club Choice

ROMEO GACAD/AFP/Getty Images(NEW YORK) -- It's about that point in the new year when many people begin abandoning their New Year's resolutions, but not many people have millions of people watching them like Mark Zuckerberg does.The Facebook CEO, who has vowed to read a book every two weeks focusing on cultures, beliefs, history or technology, revealed his second book club pick is a page-turner from psychologist Steve Pinker that argues violence in humanity has declined over time.Zuckerberg called Steven Pinker's The Better Angels of Our Nature: Why Violence Has Declined a "timely book about how and why violence has steadily decreased throughout our history, and how we can continue this trend."Since the book is 832 pages long, Zuckerberg said he'll take one month to read it but will keep with his resolution by naming another, shorter book in two weeks to complement the longer read.When it comes to billionaires and book clubs, Zuckerberg, like Oprah Winfrey, seems to have a Midas touch in choosing books.His first book club read, The End of Power by Moisés Naím, shot up on bestseller charts and was even briefly temporarily out of stock on Amazon.The tech titan takes on an ambitious personal challenge every year. In previous years, he has tackled everything from learning Mandarin Chinese to writing thank you notes.

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Recall Announced for Chicken of the Sea Brand Tuna Cans

Recall Announced for Chicken of the Sea Brand Tuna Cans

Photo by Tim Boyle/Getty Images(SAN DIEGO) -- Tri-Union Seafoods LLC is recalling more than 2,000 cans of light tuna in water after it was determined that the cans may contain metal pieces from a broken piece of equipment.According to a press release from Publix food stores, about 2,400 cans of Chicken of the Sea brand tuna were recalled. Those cans had been shipped to stores in Florida, Georgia, North Carolina and South Carolina. Publix notes that no injuries had been reported in association with the recall, and no customers have reported finding metal pieces in the product.

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Uber Hopes to Create Jobs, Help Environment Through Partnerships with European Cities

Uber Hopes to Create Jobs, Help Environment Through Partnerships with European Cities

Photo by Steve Jennings/Getty Images for TechCrunch(MUNICH) -- Speaking at the DLD15 Conference on Sunday, Uber CEO Travis Kalanick outlined his company's hopes of building new partnerships with European cities to bring the ride-sharing service to them."Uber is committed to establishing new partnerships with Europe's cities to ensure innovation, harness powerful economic benefits and promote core city functions," Kalanick said. The Digital-Life-Design conference "is a global network on innovation digitization, science and culture which connects business, creative and social leaders, opinion-formers and influencers for crossover conversation and inspiration."In a post to the Uber blog, the company says it could help take 400,000 cars off the road, reduce emissions and create 50,000 new jobs across Europe. Currently, the company is working with European governments on rule to ensure public safety. Uber notes that 22 U.S. jurisdictions passed new laws regulating ridesharing in 2014, and similar legislation has either been adopted or is being considered by numerous international jurisdictions.Finally, the company shated its key principles -- rider and driver safety, choice and competition, economic growth and tax collection.

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Teen Arrested Over Christmas Gaming Console Attacks

Teen Arrested Over Christmas Gaming Console Attacks

Ghettog76/iStock/Thinkstock(LONDON) -- British police may have nabbed the Grinch responsible for taking down Microsoft's Xbox Live and Sony's PlayStation Network over Christmas, causing disappointment to gamers around the world. An 18-year-old man was arrested on Friday in Merseyside County in northwest England as part of an investigation into the attacks, which knocked the gaming systems offline, as well as "swatting" offenses, police said.

Swatting is when someone falsely reports a crime to law enforcement to prompt a SWAT team mobilization. Police in the United Kingdom typically do not release the names of suspects at the time of their arrest. "We are still at the early stages of the investigation and there is still much work to be done. We will continue to work closely with the FBI to identify those to who commit offences and hold them to account," Craig Jones, head of the regional cyber crime unit, said in a statement. Microsoft's Xbox Live and Sony's PlayStation Network both suffered “distributed denial of service” attacks over Christmas, designed to flood the networks with artificial traffic, ultimately disrupting connectivity and knocking the systems offline. Lizard Squad, a mysterious hacking collective that seems to choose its targets for the "fun" of it, tweeted at the time that it was responsible for the attack.

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Wendy’s Removes Soda Option from Kids’ Menu

Wendy’s Removes Soda Option from Kids’ Menu

Photo by Scott Olson/Getty Images(NEW YORK) -- Fast food chain Wendy's has removed the soda option for kids' meals, according to a report by USA Today. Soda will no longer be listed as an option on the kids’ menu, but parents will still be able to order it for their child. The fast food chain is the most recent to give into pressure from child health advocacy group. McDonald's recently made a similar commitment to drop soda from Happy Meals in 2013.

"When ordering a kids' meal, the customer is asked what beverage they prefer," Wendy's spokesman Bob Bertini told USA Today. "The change is the kids' meal beverage options which are shown on our menu boards."

Other fast food restaurants including Subway, Arby's and Chipotle do not have soda listed as a drink option on their kids' menu.

However, Burger King still lists soda as an available item to kids on their menu, according to USA Today.

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