Gerber baby formula that was recalled in March due to a possible link to Cronobacter sakazakii contamination was distributed to multiple retailers even after the initial recall notice was published, federal health officials said on May 14. Gerber parent company Perrigo on March 17 announced the voluntary recall of certain lots of Gerber Good Start SoothePro Powdered Infant…
Gerber Baby Formula Potentially Contaminated With Bacteria Distributed to Stores Across US Despite Recall: FDA
Apple Faces Planned Obsolescence Investigation in France
The Paris Prosecutor’s Office on Monday announced an investigation into Apple over allegations the company deliberately renders its devices obsolete in order to coerce users into purchasing newer models. The prosecutor’s office said in a statement that an investigation was launched in December 2022 in response to a complaint filed by the advocacy group known…
Twitter Further Explains Why It Restricted Content Leading up to Turkey’s Election
May 16, 2023
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Twitter on Monday shared further details about why it restricted access to certain content in Turkey ahead of the country’s election, which took place on May 14. The election is headed to a runoff scheduled for May 28 after neither of the two top contenders got more than 50 percent of the vote. On the day…
Goldman Fined $7 Million by ECB Over Credit Risk Reporting
FRANKFURT—The European Central Bank (ECB) said on Monday it had fined Goldman Sachs’ European unit 6.63 million euros ($7.3 million) for underreporting the risk associated with some corporate credit, thereby flattering its balance sheet. Goldman Sachs said in a statement it had “closely cooperated with the ECB” and “taken all necessary steps” to resolve the…
Supreme Court Rejects Teva Challenge to $235 Million GSK Award in Patent Dispute
WASHINGTON—The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc.’s challenge to a $235 million award to GlaxoSmithKline LLC in a patent dispute over generic drugs involving a heart medication. The justices turned away Israel-based Teva’s appeal of a lower court’s ruling reinstating the jury award for U.K.-based GSK. The case involves…
GM Recalls 42,000 Vehicles in Canada for Air Bag Defect
WASHINGTON—General Motors said on Monday it will recall 42,000 sport utility vehicles in Canada from the 2014 through 2017 model years because the driver’s air-bag inflator may explode during deployment. On Friday, GM recalled 994,763 Buick Enclave, Chevrolet Traverse, and GMC Acadia vehicles in the United States from the 2014–2017 model years with modules produced…
High Car Prices Result in Americans Holding Onto Aging Vehicles
Higher car prices are forcing Americans to hold onto their vehicles longer than they want to, according to a new survey, The price of new and used cars remains high, with many car owners planning to delay selling their vehicles, along with rising borrowing rates and high inflation cutting into many Americans’ expenses. The average…
Public Sector Offered 10.5 Percent Pay Rise
The federal government has offered Commonwealth public servants a 10.5 percent pay rise over the next three years following negotiations. This is the largest pay rise to be offered to Australian Public Service (APS) employees in more than 10 years and will see public servants get a four percent rise in the first year, 3.5 percent in the…
80 Years Before Australia Reaches Net-Zero Goals: Former Snowy Hydro CEO
The former CEO of Australia’s largest renewable energy provider has taken issue with the Albanese Labor government’s green energy policies. Paul Broad, former head of the government-owned Snowy Hydro company, said the government would fail to meet its target of producing 82 percent of the country’s energy from renewable sources by 2030. The comments came…
80 Years Before Australia Reaches Net-Zero Goal: Former Snowy Hydro CEO
The former CEO of Australia’s largest renewable energy provider has taken issue with the Albanese Labor government’s green energy policies. Paul Broad, former head of the government-owned Snowy Hydro company, said the government would fail to meet its target of producing 82 percent of the country’s energy from renewable sources by 2030. The comments came…
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