EPA designates forever chemicals as hazardous
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 19 April 2024
⏱️ 1 minutes
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Summary
The designation applies to chemicals long used in consumer goods; Israel’s credit rating gets a downgrade from S&P; France requires shrinkflation warnings; American Express profits jump on more consumer spending.
Transcript
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| 0:00.0 | The EPA designates Forever Chemicals as hazardous. |
| 0:05.0 | I'm Novasafa with a marketplace minute. |
| 0:07.0 | The designation applies to chemicals called PFOA and PFS. |
| 0:11.0 | They're found in non-stick cookware, stain-resistant carpets, and other consumer products. |
| 0:15.8 | While they've largely been phased out of use in recent years, they can still contaminate |
| 0:20.4 | soil and water. The designations require manufacturers to pay for cleanup. |
| 0:26.0 | Israel's credit rating took ahead today a slight downgrade from standard and pours which cited |
| 0:30.9 | tensions with Iran. The change could make borrowing more expensive |
| 0:34.8 | for Israel's government. France is requiring many supermarkets to issue warnings for |
| 0:39.9 | products that get smaller but cost the same or more. The country's finance |
| 0:44.2 | minister called what's known as shrinkflation a scam. A banner quarterly earnings |
| 0:49.4 | report from American Express profits jumped 34% in the first three months of the year, consumers |
| 0:54.8 | spend 5% more using their Amex credit cards, and the company collected 28% more interest. |
| 1:01.5 | I'm Novasafo with a Marketplace Minute. |
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