Category: Companies

Consumer Reports Urges Dark Chocolate Makers to Reduce Lead, Cadmium Levels

NEW YORK—Consumer Reports on Monday urged four chocolate producers to commit by Valentine’s Day to reduce the amounts of lead and cadmium in their dark chocolate products, after testing revealed harmful levels of the heavy metals. In letters to Hershey Co., Mondelez International Inc., Theo Chocolate and Trader Joe’s, Consumer Reports said long-term exposure to…


US Ends Probe Into Ford SUV Exhaust Issues Without a Recall

DETROIT—The U.S. government’s road safety agency has closed a more than six-year investigation into exhaust odors in Ford Explorer passenger cabins, determining that the SUVs don’t have high levels of carbon monoxide and don’t need to be recalled. The National Highway Traffic Safety Administration says it reviewed more than 6,500 consumer complaints, tested SUVs in…


Twitter Has About 2,300 ‘Active, Working Employees,’ Says Elon Musk

Elon Musk said in a post on Twitter on Saturday that Twitter, Inc. has about 2,300 active employees. CNBC on Friday reported that Twitter’s full-time headcount has reduced to about 1,300 active, working employees, including fewer than 550 full-time engineers by title. About 75 of the company’s 1,300 employees are on leave, including about 40 engineers, CNBC…


US Should Be More Conciliatory to China: Bill Gates

Tech billionaire Bill Gates says the United States and Australia should adopt a more conciliatory approach to working with China on issues such as climate change. Gates praised the Asian country’s economic growth. “I see China’s rise as a huge win for the world … the current mentality of the U.S. to China—and which is…


M&M’s Ends Woke ‘Spokescandies’ After Pushback, Replacing Them With Actress Maya Rudolph

M&M’s says it’s pulling its increasingly woke “spokescandies” mascots after a massive pushback over the politicization of the beloved candy brand. Mars, the candy maker which produces M&M’s, announced on Jan. 23 that it would replace its decades-old team of M&M’s “spokescandies” mascots with the actress Maya Rudolph, after backlash by longtime fans over its…


Elon Musk, at Trial, Says He Was Sure Saudis Backed Taking Tesla Private

SAN FRANCISCO—Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc. private, as he defended against claims he defrauded investors by tweeting later that year about his electric car company. At a trial in San Francisco federal court, Musk told the investors’ lawyer Nicholas…


Musk Testifies Saudis Backed Taking Tesla Private Before They Backpedaled

SAN FRANCISCO—Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc private, but said the fund later backpedaled on its commitment. At a trial in San Francisco federal court, Musk told the investors’ lawyer Nicholas Porritt that he met on July 31, 2018, with…


BBC Chairman Probed Over Alleged Role in Helping Boris Johnson Secure Loan

BBC Chairman Richard Sharp is under investigation over potential conflicts of interests after allegations emerged that he had helped secure an £800,000 ($987,000) loan guarantee for former Prime Minister Boris Johnson. The Sunday Times alleged that Sharp, a Tory donor and BBC chair candidate at the time, was involved in talks about financing Johnson when…


Businesses See Lower Odds US in or Entering Recession, NABE Says

The likelihood that the United States is already in recession or will fall into one this year has dropped over the past three months to 56 percent from a nearly two-thirds possibility, according to a survey on business conditions released on Monday. Approximately 53 percent of those polled by the National Association of Business Economics…


Disinformation Tied to Humanity’s ‘Most Existential’ Threats, Says Panelist at the World Economic Forum

Disinformation is at the root of the “most existential” threats facing humanity, said New York Times chairman Arthur Gregg Sulzberger at a World Economic Forum panel on Jan. 17. The panel, titled “The Clear and Present Danger of Disinformation,” was hosted by former CNN anchor Brian Stelter, in Davos, Switzerland. Joined on stage by government…