Several major companies are feeling the effects of tariffs imposed by President Donald Trump. Coca-Cola is considering a return to plastic bottles due to increasing aluminum costs from tariffs. Meanwhile, McDonald’s plans to expand its chicken portfolio in an effort to increase market share.
On the other hand, e-commerce giants Shein and Temu are reportedly experiencing significant daily-sales drops due to looming tariffs. In contrast, the US steel industry is set to benefit from new tariffs on imported steel and aluminum.
A recent study has linked weight loss drugs like Ozempic to conditions that could lead to blindness. The FDA has not yet issued a statement on the matter.
Additionally, Teslas have been mentioned in a $400 million contract for “Armored Electric Vehicles” by the State Department. Dunkin’ Donuts has also recalled over 2 million baked goods due to listeria contamination concerns.
Senator Elizabeth Warren is sounding the alarm on cuts to Federal Deposit Insurance Corporation (FDIC), citing potential disruptions to the banking industry.
Source: https://qz.com/ozempic-blindness-study-mcdonalds-chicken-coca-cola-1851763735