Trump administration opens investigation over large uranium imports

Facebook Twitter LinkedIn Email Reddit WhatsAppThe Trump administration is currently investigating large uranium imports in the belief that they may be a national security threat, which could cause for an increase in security measures for foreign products. Uranium is usually involved in the powering of electrical grids all across the country, as well as nuclear weapons and military submarines. According to the White House, due the fact that the product is so essential for the country’s safety, buying it mostly from other countries could create an unhealthy dependence on them.…

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The FDA is Currently Attempting to Limit Use of the Word “Milk”

Facebook Twitter LinkedIn Email Reddit WhatsAppThe U.S. Food and Drug Administration has recently changed its outlook on nondairy products which are described as “milk.” The agency’s commissioner, Scott Gottlieb, announced during a talk organized by Politico that he will soon release a set of guidelines regarding the use of the word “milk.” Gottlieb made reference to a “standard of identity” which helps to define the concept of milk. Such “standard” would technically disqualify popular products such as almond milk and soy milk from being able to use the word “milk”…

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Trump Criticizes European Union for Fining Google

Facebook Twitter LinkedIn Email Reddit WhatsAppAlmost a week after his meeting with NATO countries, Donald Trump has continued to criticize the European Union. This time, he has attacked the EU over the record fine they have charged Google due to antitrust concerns. The EU has accused Google of abusing its power in the smartphone market via automatic installations and its attempts to promote the use of its search engine. Google is set to pay $5.1 billion, and it is expected that the EU’s charges will have a lasting change on…

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Disney Wins Fox, Comcast Backs Down

Facebook Twitter LinkedIn Email Reddit WhatsAppIn the battle for 21st Century Fox’s assets, Disney has defeated Comcast. Earlier today, Comcast announced that it will no longer bid against Disney. A month ago, after a federal court approved AT&T’s acquisition of Time Warner, Comcast quickly made a $65 billion all-cash bid for the same Fox assets that Disney was after. Disney then raised its bid to $71 billion, and it seemed pretty clear that Fox wanted Disney to win this war. Last month, the U.S. Justice Department also approved Disney’s attempt…

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Prime Day marks biggest shopping event for Amazon

Facebook Twitter LinkedIn Email Reddit WhatsAppThis year’s Amazon Prime Day was the biggest shopping event in the history of Amazon. Sales on the day eclipsed that of Cyber Monday, Black Friday, and other major shopping days. According to the company, Amazon Prime members purchased over 100 million products. Items varied but popular sales included video games, smartphones, and light bulbs, to name a few. Even Whole Foods saw sales jump on the day, with strawberries raking in the most purchases. Amazon did not disclose the total amount of money that…

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