"The return of MST3K is a great example of the democracy of the market. And it’s only one of many shows to be resurrected after an untimely cancellation. These revivals are a way for fans to get more of what they love, but they’re also good for artists, who get another chance to create art the way they want."
This guide, concocted by statisticians, is supposed to stand in for the diverse tastes of 325 million people, who buy goods from the 3.6 million retail establishments that are scattered all over the country?
"Trends are important indicators. But, when misinterpreted and misread, they can lead you down a destructive path of false hope and incorrect assumptions."
PepsiCo is being sued by buyers who claim the company misleads shoppers into believing its Naked juices and smoothies contain “high-value” ingredients that make them healthier than they really are. [1]
Source: Business Insider
According to the complaint, filed on 4 October 2016 in federal court in Brooklyn, New York, Naked labels feature images of healthy fruits and vegetables, and trumpet how the drinks have “no sugar added,” when they actually contain about as much sugar as a can of Pepsi – more, in some cases.
The U.S. Food and Drug Administration (FDA) is asking for the public’s help in defining what “healthy” means when it comes to food. [1]
The agency officially launched the public process on redefining how the “healthy” label can be used September 27, and opened the matter up for public comment on the following day.
The FDA said:
It took years of begging and pleading, but the U.S. Food and Drug Administration (FDA) finally agreed in February to start testing for glyphosate in food. The agency announced just a few days ago that U.S. honey samples tested positive for the chemical, which is an ingredient in Monsanto’s Roundup herbicide. [1]
The agritech world got a lot bigger this week when German chemical giant Bayer inked an agreement to acquire Monsanto for $66 billion in cash. The 2 companies had been bickering for months, and this was the 3rd refurbished offer. In the end, Bayer agreed to pay $128 per share, up from the company’s previous offer of $127.50. [1]
The agreement makes it the largest all-cash deal on record.
Markus Manns of Union Investment, one of Bayer’s top 12 investors, said:
If a food product contains small amounts of glyphosate (an herbicide chemical), can it still be considered “100% natural?” Fed-up consumers are saying no to false advertising, and now multiple lawsuits have been filed against Nature Valley for exactly that.
The government isn’t particularly interested in making sure Americans know what they’re eating. It seems like knowing what is in the food should be a basic right, but that doesn’t seem to be the case. In fact, last week Congress passed a federal requirement for labeling products containing genetically modified ingredients that signifies a big win for food companies.
Over the next 2 years, you’re going to notice big changes in the nutrition labels that grace food packaging. One of the biggest changes – and perhaps the most important – will be the addition of added sugar.
