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Cool Ways to Use Your Freezer

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Luckin Coffee to Pay $180 Million Penalty to Settle Accounting Fraud Charges: US SEC

China-based startup Luckin Coffee Inc. has agreed to pay a $180 million penalty to settle accounting fraud charges for “intentionally and materially” overstating its 2019 revenue and understating a net loss, U.S. regulators said on Wednesday. The U.S. Securities and Commission (SEC) fine on the China-based rival to Starbucks comes after it said earlier this year that much of its 2019 sales were fabricated, sending its shares plunging and sparking an investigation by China’s securities regulator and the SEC. The SEC said it found that Luckin “intentionally and materially overstated its reported revenue and expenses and materially understated its net loss in its publicly disclosed financial statements in 2019.” Luckin has not admitted or denied the charges, the SEC said. The company has agreed to pay the penalty, which may…

Cool Ways to Use Your Freezer

Is your freezer a money-guzzling storage facility for mystery meats? A stopping off point for leftovers destined for the garbage as soon as they become unrecognizable? It’s time to learn how to get more out of that money-stretching, time-saving household appliance.

Temperature

Set it to the coldest setting so you maintain a constant temperature of zero degrees F or lower to ensure food will be safe to eat. The warmest place in the freezer is at the bottom and in the door; the coldest is at the rear center.

Efficiency

A full freezer uses less electricity. What’s already frozen helps keep the temperature low. When food inventory is low, pack it full by adding containers of water to fit the empty spaces.

The Right Wrap

Wrap food tightly to prevent moisture loss that causes food to become dry and discolored. Wrap it again, this time in a thicker layer of foil, plastic, or a zip-close freezer bag. The second wrap keeps out odors. Wrap individual portions separately so they freeze more quickly and can be defrosted individually.

Meats

Do not store meat in the supermarket packaging. Wrap each piece securely in plastic wrap, and then place the meat inside a large freezer bag. Freeze the items in a single layer. Once frozen, you can fold the bag over to save space. If you wrap meat with freezer paper, place the package upside down (seam up). This prevents fluids from leaking until the meat is frozen completely.

Do It Ahead

When you have time, brown several pounds of ground beef. Spread on a cookie sheet, and freeze. Transfer to airtight freezer containers, one pound per container. On busy days, pull out a container, and add to any recipe that uses browned ground beef.

Burgers

Separate individual hamburger patties with squares of wax paper or parchment and then in a stack in a freezer bag. Now you can remove the exact number of burgers you need, guaranteeing no waste. You can do this with tortillas, too.

Bread

Keep bread fresh several months by freezing. First, wrap tightly in foil. Next, slip the loaf into a plastic zip-close bag. To reheat, take the foil wrapped loaf from the bag and place in a 450-degree oven for 10 to 15 minutes. Carefully remove the foil, and return the bread to the oven for a few minutes to crisp the crust.

Label

Freezing your cooked meals, chopped herbs, or raw meat to preserve them for longer doesn’t mean they’ll stay good forever, so make sure you date them before you freeze it. Ground meats shouldn’t be stored for longer than four months; poultry, beef, pork, and lamb will last for up to a year; soups will be good for 2 to 3 months; and other cooked meals should be consumed within three months.

Bagels

Bagels can go from freezer to toaster without thawing. Slice and wrap each bagel in plastic, slipping the wrap between the two halves first and then around. Place them in a freezer bag.

Bacon

Roll up the bacon in tight coils, each with two or three slices. Put the coils in a zip-close bag, and place the bag flat in the freezer so the coils are not touching. Once frozen, move the bag to a more compact space. Now you can remove and thaw one or more coils at a time.

Cookie Dough

To freeze cookie dough, divide it into balls, and arrange the balls on a cookie sheet lined with waxed paper or parchment. Once frozen, place them in a big zip-close bag or airtight container. Remove as many as you need to bake without defrosting.

Would you like more information? Go to EverydayCheapskate.com for links and resources for recommended products and services in this column. Mary invites questions, comments, and tips at EverydayCheapskate.com, “Ask Mary.” This column will answer questions of general interest, but letters cannot be answered individually. Mary Hunt is the founder of EverydayCheapskate.com, a lifestyle blog, and the author of the book “Debt-Proof Living.” Copyright 2020 Creators.com

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Half of Australia’s Largest Chinese Media Outlets Linked to Beijing’s United Front: Report

A new report has confirmed long-standing concerns that Australia’s Chinese-language media landscape is dominated by outlets “friendly towards the Chinese Communist Party (CCP).” “The influence environment” by the Australian Strategic Policy Institute (ASPI) analysed the content, political stances, business ties, and management structures of 24 of the largest Chinese-language media (print and online), located mainly in the country’s capital cities. It found that executives from 12 media outlets have been members of organisations controlled by the United Front Work Department, Beijing’s foremost overseas infiltration organ. At the same time, four outlets were directly owned or received financial support from the CCP. One of the largest online Chinese language media is Sydney Today, who had an alleged 670,000 followers in 2019. The co-founder of Sydney Today, Stan Chen was also listed…