Avon files for bankruptcy in face of 200 lawsuits linking its talc products to cancer
Avon, the mighty direct selling company that once had an army of door-to-door salespeople peddling beauty products and was worth about $21 billion, is filing for bankruptcy to dig out from under a mountain of lawsuits that allege the talc powder in its products causes cancer. Avon Products, a US-based “non-operating” holding company, has filed […]
Many online pharmacies selling weight loss products illegally: Study
A new investigation has found that many online pharmacies selling semaglutide, the active ingredient in weight-loss drugs such as Ozempic and Wegovee, are doing so illegally. the study, Released on Friday in journal According to a study published in the journal JAMA Network Open, last summer, researchers used a search engine to search for “websites […]
Amazon responsible for hazardous 3rd-party products and recall, federal agency says
See what’s clicking on FoxBusiness.com The US Consumer Product Safety Commission (CPSC) said on Tuesday that global e-commerce company Amazon is responsible for recalling hundreds of thousands of dangerous third-party products sold on its website. The 400,000 products under recall for being defective or not meeting federal consumer product safety standards include faulty carbon monoxide […]
Amazon liable for recalled, hazardous products sold online, US agency rules
Correction: The headline of this story has been updated. Reflecting that The CPSC is an independent federal agency.. The US Consumer Product Safety Commission (CPSC) ruled on Tuesday that Amazon is legally liable for the recall of more than 400,000 dangerous products that were sold by third-party sellers on its website and packaged and shipped […]
Biden administration rules Amazon liable for recalled, hazardous products sold online
The US Consumer Product Safety Commission (CPSC) ruled on Tuesday that Amazon is legally liable for the recall of more than 400,000 dangerous products that were sold by third-party sellers on its website and packaged and shipped by the company. The CPSC unanimously found Amazon to be a “seller” of defective products sold through its […]
House to block all ByteDance products from staff devices
TikTok’s parent company is having its final dance in the House of Representatives. All products from Chinese internet company ByteDance will be banned on House devices within two weeks, according to a notice sent to staff on Tuesday. ByteDance’s best-known product is TikTok, which has long been a target in Congress, with the House Steering […]
New rule proposed by the CFPB would help consumers understand true cost of paycheck advance products
The new rules will require consumers to disclose financial information whenever they use a cash advance product. (iStock ) Payroll advance products, often referred to as “earned wages” products, allow consumers to receive their paychecks in advance when they are in a difficult situation. Offered through employers or as direct loans to consumers, these products […]
CFPB cracks down on paycheck advance products
The Consumer Financial Protection Bureau (CFPB) on Thursday proposed new rules to classify popular paycheck advance products as consumer loans, a move the bureau said would ensure lenders provide borrowers with important information about costs and fees. Nearly three-quarters of workers get paid every two weeks or monthly, according to the CFPB, and lenders have […]
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst – Cointelegraph
The launch of the first spot Ethereum exchange-traded fund (ETF) opens the door for more cryptocurrency exchange-traded funds, including Solana-based ETFs. The upcoming launch of the first spot Ether (ETH) ETF could pave the way for more cryptocurrency ETFs, according to Bloomberg senior ETF analyst Eric Balchunas. Analysts expect to see more products based on […]
Toxic metals found in variety of tampon products, first-time study shows
The first study to find toxic metals in tampons is raising concerns about women’s health. The University of California, Berkeley Department of Public Health released its initial findings on July 3, finding that several brands of tampons may contain toxic metals, including lead, arsenic, and cadmium. According to the University of California, Berkeley, millions of […]