FDA Proposes Detailed Added Sugar Guides on Food Labels

7/27/2015 In a move opposed by many food and drink manufacturers, the Food and Drug Administration (FDA) issued a proposal on Friday to requiring the industry to include detailed added sugar consumption levels in their products. The proposal is an update to the FDA’s 2014 proposed mandate requiring companies to list the amount of added

States use FCC Rule Changes to Urge Telecoms to Block Robocalls, Telemarketing Scams

7/26/2015 In a potential victory for privacy advocates, the Federal Communications Commission (FCC) adopted a proposal on June 18th to “protect consumers against unwanted robocalls and spam texts.” In a series of declarations, the FCC announced that consumers have the right to prevent unwanted calls while granting telecommunications companies the legal license to use software

Fiat-Chrysler hit with $105 Million Penalty for Response to over 20 Recalls

7/26/2015 Multiple sources are reporting that the National Highway Transportation Safety Administration (NHTSA) will issue Fiat-Chrysler a record $105 million fine for its lax response to 23 separate recalls involving over 11 million vehicles. The NHTSA conducted a public hearing earlier in the month regarding the company’s multiple safety issues, its first such hearing in

Banks Caught up in FIFA Scandal

7/25/2015 In separate investigations, both the Brooklyn U.S. Attorney’s office and New York’s top financial regulator, the Department of Financial Services, have questioned at least seven banks in the corruption scandal involving FIFA, the world’s soccer governing body. The banks in question are HSBC, Deutsche Bank, Barclays, Credit Suisse, Standard Chartered, Israel’s largest bank, Hapoalim,

Former Executive Could Face Life for Peanuts

7/24/2015 The U.S. Probation Office has recommended that the former owner of Peanut Corporation of America, Stewart Parnell, be sentenced to life in prison for allowing several shipments of peanuts from facilities infected with salmonella. The peanuts led to the deadliest food outbreak in U.S. history from 2008-2009, causing nine deaths and over 700 illnesses

SEC Investigating Diageo LLC, Maker of Smirnoff, Johnnie Walker

7/24/2015 The world’s largest producer of spirits, Diageo, confirmed to the Wall Street Journal that the Securities and Exchange Commission (SEC) is investigating the company for shipping distributors more inventory than they desire in an effort to boost sales totals. The British-based company manufactures many popular brands such as Smirnoff, Crown Royal, Captain Morgan, and Johnnie

House Passes Controversial GMO Labeling Bill

7/23/2015 The House of Representatives passed the Safe and Accurate Food Labeling Act (SAFE) on Thursday by a 275-150 vote. While the margin of victory was significant, the bill has been contentiously opposed, with detractors calling it the “Deny Americans the Right to Know” (DARK) Act. Among other provisions geared to classify food products that

FDA Sends C.R. Bard a Stern Warning for Unapproved Devices

7/23/2015 Los Angeles Food and Drug Administration (FDA) compliance officer Dr. Raymond W. Brullo issued a scathing warning letter to Thomas Ring, the CEO of New Jersey-based device manufacturer C.R. Bard. The letter contained a litany of violations regarding several single-use devices for IVC and foreign body retrieval. The letter follows a series of inspections

Ikea Issues Recall for 27 Million Dressers after Deaths of Two Children

7/23/2015 Ikea, the Swedish furniture icon, along with the Consumer Product Safety Commission (CPSC), has recalled seven million dressers from its popular Malm collection, along with 20 million other dressers and chests of drawers following the deaths of two children who were crushed in 2014. Although technically considered a recall, the CPSC and the company’s

FCC Chair gives AT&T/DirecTV Merger Preliminary Approval…with a Catch

7/22/2015 Tom Wheeler, the chairman of the Federal Communications Commission (FCC), announced his support on Tuesday of AT&T’s $48.5 billion merger with DirecTV. The announcement makes it very likely that the deal will pass any forthcoming regulatory obstacles involved with completing such a massive consolidation. Wheeler’s approval is conditional however; contingent on the willingness of