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FDA Bans Red Dye No. 3 Effective January 2027, Cites Cancer Risks: Food Stocks To Watch
Wednesday, January 15, 2025 - 1:41pm | 646The U.S. Food and Drug Administration announced a ban on Red No. 3, an artificial food coloring linked to cancer in animal studies, effective Jan. 15, 2027. The dye, found in products ranging from candy to cold medicine, has been scrutinized for decades. This move follows the FDA's 1990...
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South Korea Makes US SEC Crypto Clampdown Look Like Child's Play
Thursday, January 4, 2024 - 1:42pm | 438South Korea is taking steps to tighten cryptocurrency regulations, aiming to ban the use of credit cards for purchasing cryptocurrencies. The Financial Services Commission proposed amending the Credit Finance Act to explicitly prohibit using credit cards to buy cryptocurrency. This...
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Sushi, Bans, And Business: Japan's Radioactive Water Release Sparks Concerns For US Seafood Traders
Friday, August 25, 2023 - 9:15am | 763Japan’s decision to release treated radioactive water from the Fukushima nuclear power plant has sent shockwaves through the global seafood market. While the International Atomic Energy Agency vouches for safety, the move has elicited varied reactions. Of particular concern is China’s...