Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-03-19 20:30:00| Fast Company

Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. is honing in on infant formula in his food safety review. RFK Jr. says the U.S. Food and Drug Administration (FDA) will further test formula brands for heavy metals after some concerning results from Consumer Reports (CR) were released earlier this week. “The FDA will use all resources and authorities at its disposal to make sure infant formula products are safe and wholesome for the families and children who rely on them,” Kennedy said in a statement. HHS is calling the plan “Operation Stork Speed.” On Tuesday, CR revealed the results of testing on 41 types of powdered formula, from major labels such as Enfamil and Similac to smaller startups like Bobbie. Brands were tested for heavy metals including arsenic, lead, BPA, acrylamide, and PFAS. Per the report, the results were “concerning” with “about half of the samples that were tested containing potentially harmful levels of at least one contaminant.”  However, the formula wasn’t heavy-metal-ridden across the board. The report noted that the “other half of the samples showed low or no levels of concerning chemicalsshowing that there are many good options on the market.” The Agency for Toxic Substances and Disease Registry rates arsenic as the most toxic substance in the environment. When it came to the formula with the highest level of the substance, Abbott Nutritions EleCare Hypoallergenic took the top slot. The formula had 19.7 parts per billion (ppb). The second highest level was found in Similac Alimentum at 15.1 ppb (also made by Abbott). The Environmental Protection Agency (EPA) limits arsenic in municipal drinking water to 10 ppb.  Abbott told CR in a statement, per the report, that the company had questions about CR’s methodology, and noted that heavy metals are found in the natural environment and may therefore show up in “trace amounts” in any food products, and even in breast milk. “We look forward to working with the secretary, the FDA, and the scientific and medical communities to continue to make infant formulas even closer to breast milk and support the aims of Operation Stork Speed,” Scott Stoffel, divisional vice president of external communications and public affairs at Abbott, told Axios in a statement. While RFK Jr. campaigned on some heavily controversial ideas, such as vaccine scepticism, health officials seem to be greeting the investigation into infant formula warmly. “Its very encouraging to see the FDA issue this announcement immediately after Consumer Reports shared our findings about contaminants in infant formula,” said Brian Ronholm, head of food policy for CR. We look forward to seeing the details of how they intend to implement the plan, and we hope the FDA is provided adequate resources and staffing to actually follow through on their promises.” As it stands, it’s tough for parents to know which brand of formula to choose. That’s especially true because some of the most well-known brands seemed to be the ones with the highest rates of heavy metals. Four main formula companiesNestlé, Abbott, Perrigo, and Reckittdominate the market, though in recent years some smaller startups, such as MyHeart and Bobbie, have emerged. In 2022, after a major formula recall kicked off a formula shortage, the newer brands hoped to help meet demand and create more natural formulas. Bobbie was listed in the new reports “best” formulas, and MyHeart was listed in the “good” category. 


Category: E-Commerce

 

LATEST NEWS

2025-03-19 20:05:03| Fast Company

The climate tech sector is at a crossroads. We have the tools we need to fight climate change, but the real challenge is scaling and deploying them. This is where climate-curious outsiders play a crucial role. At Epic Cleantec, a company I cofounded to tackle water scarcity through innovative reuse technology, none of us came from an environmental background. That outside perspective turned out to be a huge advantage. When I began this journey, I didn’t know much about water. I wasn’t a trained environmental or civil engineer, which meant I never even learned about how things were traditionally done. This lack of traditional expertise freed us from being tied down by how things were “supposed” to work, allowing us to find fresh solutions to persistent problems. My path to climate tech was anything but linear. I had flirted with a wide range of disparate career paths spanning veterinarian, chef, club promoter, historian, political lobbyist, and lawyer. I even briefly entertained becoming a rabbi, until my own rabbi convinced me not to take that path. Unsurprisingly, I often faced skepticism at conferences and industry events, where our company’s unconventional approach was met with doubt. But here’s the key takeaway: Solving the climate crisis isn’t just about creating new technology. It’s about turning these innovations into practical, widespread solutions. That’s where operational know-how comes insomething outsiders often bring to the table. People who’ve run businesses, managed complex regulations, and scaled global operations have the experience to make climate solutions a reality. Why climate tech needs outsiders The climate tech industry has largely been driven by environmental scientists and policymakers. But solving the climate crisis calls for more than just scientific advancesit requires major business transformation. To truly deploy climate solutions on a global scale, we need the same expertise that turned industries like fintech, e-commerce, and cloud computing into giants. Investors get it. BlackRock CEO Larry Fink predicts the next wave of unicorns will come from climate tech. But to build these companies, we need more than passion. We need professionals who understand scalingproduct managers who can push out software, operations experts who can optimize supply chains, and strategists who know how to drive rapid market adoption. The idea that climate tech needs deep environmental knowledge is a misconception. Whats truly needed are professionals who know how to turn great ideas into sustainable, scalable businesses, all while navigating complex regulations. The future of climate impact depends on commercial success. The solutions are ready, they just need deployment A lot of the technology needed to curb emissions and build climate resilience is already here. From energy storage to electrification, water reuse to regenerative agriculture, many solutions are ready to go. So, the challenge isnt really about innovation; its about implementation. Just look at how SaaS and fintech industries scaled quickly by leveraging automation, networks, and efficient capital use. If we applied those same strategies to climate tech, we could meet our climate goals much faster. Imagine applying the lessons learned during the rapid growth of ride-sharing or cloud services to solar energy, battery tech, or industrial decarbonization. Climate tech isnt just about better tech; its about changing systems. It requires navigating complex regulations, aligning with ever-changing corporate sustainability goals, and getting entrenched industries on board. Outsiders who have scaled companies in heavily regulated fields like healthcare, finance, and transportation are particularly equipped to drive this change. A crucial moment for climate tech Climate tech isnt a niche anymoreits becoming one of the most exciting frontiers of innovation. As more professionals from traditional tech and business sectors seek out purpose-driven careers, climate tech offers a unique blend of meaning and market opportunity. The influx of outsiders isnt just helpful, its essential. For climate tech to thrive, we need to embrace professionals with diverse and wide-reaching expertise. Industry leaders must actively recruit people with transferable skills, and investors must see the value in teams that blend technical knowledge with business acumen. Solving the climate crisis isnt just about inventing new technologiesits about getting them into the world at scale, fast. The opportunity is huge, but the urgency is even greater. To meet global climate goals, we must think outside the box and bring in the people who are ready to challenge the norms. For those climate-curious, theres never been a better time to dive in because climate tech isnt just the future of innovation, its the future of business. The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more.


Category: E-Commerce

 

2025-03-19 19:45:00| Fast Company

Amtrak CEO Stephen Gardner said Wednesday he will step down immediately after more than four years as head of the U.S. passenger railroad, citing concerns about maintaining the carrier’s support from President Donald Trump‘s administration. “I am stepping down as CEO to ensure that Amtrak continues to enjoy the full faith and confidence of this administration,” Gardner said in a statement. Billionaire Elon Musk, who is advising Trump on plans to radically shrink the U.S. government, said earlier this month he thought Amtrak should be privatized. The White House and Transportation Department did not immediately comment on whether the administration had asked Gardner to step down. Amtrak did not respond to a request for comment. Trump during his first term repeatedly sought to cut funding to Amtrak, which received about $2.4 billion in annual federal support in 2023. Congress last week approved $2.42 billion for Amtrak through September 30 in annual funding. Amtrak said in December ridership topped 2019 pre-COVID-19 levels for the first time in 2024 and reached a record high even with less capacity. Ridership increased over 15% in 2023 to a record 32.8 million customer trips, as passenger revenue hit $2.5 billion, up 9% over the prior year. The rail operator reported an adjusted operating loss of $705 million for the 12 months ended September 30, down 9% versus 2023. Amtrak in March said it was boosting passenger services on the East Coast as it aims to double ridership nationwide by 2040 to 66 million passengers. Congress approved $66 billion for rail projects as part of a massive infrastructure bill in 2021, with $22 billion dedicated to Amtrak over five years on top of regular funding. In 2023, then President Joe Biden announced $16.4 billion in grant funding for 25 rail projects on Amtraks Northeast Corridor — Boston to Washington — which is the busiest U.S. rail corridor with 800,000 daily trips in a region representing 20% of the U.S. economy. Many bridges, tunnels and other parts of the corridor are in serious need of repairs, especially a key tunnel connected New York City and New Jersey. David Shepardson, Reuters


Category: E-Commerce

 

Latest from this category

19.03To innovate, immerse yourself in the industry
19.03The gender gap in healthcare out-of-pocket costs needs bridging
19.03The future of benefits is hiding where you might not expect it
19.03March Madness: Disrupter bets $1 million that AI bracket will beat pro gambler
19.03These Social Security offices are expected to close in 2025 due to DOGE cuts
19.03DOGE official appointed to leadership role at USAID after helping dismantle the agency
19.03Greenpeace loses massive lawsuit; must pay hundreds of millions of dollars to pipeline company
19.03Boeing CFO concerned over tariffs impact on parts
E-Commerce »

All news

20.03Greenko Energy kicks off investor calls for bond sale
20.03Sebi, DigiLocker to reduce unclaimed financial assets
20.03Fed holds rates; 2 cuts in 2025 still in play
20.03Disabled travel access an 'embarrassment', MPs say
20.03Bank of England expected to hold interest rates at 4.5%
20.03Tesla's challenges run deeper than 'toxic' controversy around Elon Musk
20.03Mid- & small-caps can rise further, but some on Street wary
20.03ICICI Securities shareholders could face a tax jolt
More »
Privacy policy . Copyright . Contact form .