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Trump Completes Pipeline Trifecta, Rubber Stamps Enbridge-Spectra Merger
The Federal Trade Commission (FTC) approved the deal without requiring the merged firm to divest a single inch of its 38,000-mile oil and gas pipeline network. The company will be able to exert market power to reduce output and raise prices on consumers. As with other industries, this mega-merger only benefits company shareholders, not communities.
The Trump administration is quickly fulfilling the fossil fuel industry's wish list. The American people will pay the price for gargantuan gas giveaways—higher prices, a dirtier environment and climate chaos. Approving this deal is a bad omen for future antitrust enforcement. It seems as though the White House has pulled the cops off the antitrust beat entirely, much to Wall Street's delight.
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Many people don't begin worrying about their cholesterol levels until later in life, but that may be increasing their odds of heart problems in the long term.
Nestlé cannot claim that its Ice Mountain bottled water brand is an essential public service, according to Michigan's second highest court, which delivered a legal blow to the food and beverage giant in a unanimous decision.
A number of supermarkets across the country have voluntarily issued a recall on sushi, salads and spring rolls distributed by Fuji Food Products due to a possible listeria contamination, as CBS News reported.
If you read a lot of news about the climate crisis, you probably have encountered lots of numbers: We can save hundreds of millions of people from poverty by 2050 by limiting global warming to 1.5 degrees Celsius above pre-industrial levels, but policies currently in place put us on track for a more than three degree increase; sea levels could rise three feet by 2100 if emissions aren't reduced.