By Karen Brettell NEW YORK (Reuters) – The U.S. dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration that are expected to boost growth and lift inflation. Trading volumes were light on Thursday with many traders on holiday after Wednesday’s Christmas holiday […]
US FDA proposes standardized testing to detect asbestos in talc products
(Reuters) – The U.S. Food and Drug Administration is proposing that cosmetic products containing talc should be tested using standardized methods to detect asbestos, a potential contaminant, according to documents posted on the federal register on Thursday. WHY IT’S IMPORTANT Asbestos, a known human carcinogen, can be injurious to consumers if found in talc-containing cosmetic […]
Putin says there is no time to sign new Ukraine gas transit deal this year
MOSCOW (Reuters) – President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria. “They announced that they would not renew the […]
New York to fine fossil fuel companies $75 billion under new climate law
By Jonathan Allen NEW YORK (Reuters) – New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and […]