FDA moves to revoke approval of pig drug carbadox
The FDA proposed stripping carbadox approval due to potential cancer residues in pork products. Phibro Animal Health faces a 30 day window to seek a hearing, while the agency reviews safety data and notes pork liver and processed meats could carry residues.
MENTIONED IN THIS ARTICLE
Food and Drug Administration
Carbadox
Teaneck
N.J
FDA
Mal Health Institute
Phibro
Missioner
Robert Califf
United States
Yellen Defends Fed’s Step Back From Easy Money
Fed Chair Janet Yellen defends the December rate hike as global headwinds slow further tightening. She joins former chairs Bernanke Greenspan and Volcker in New York for a discussion on policy, with Greenspan warning about long term debt and Bernanke joking about unwinding the balance sheet.
MENTIONED IN THIS ARTICLE
Reuters
Fareed Zakaria
Federal Reserve
Janet Yellen
Ben Bernanke
Paul Volcker
New York
Alan Greenspan
Washington
Central Bank
U.S
Paul Volcker Yellen
International House
Fed
Yellen
Bernanke Greenspan
Volcker
Greenspan
Bernanke
America
CNN
USDA aims to tighten rules for organic eggs
The USDA proposes space and outdoor access standards for organic laying hens in a bid to curb inconsistent practices in the $500 million sector. The plan requires at least 2 square feet of outdoor space per hen, defined as open air with 50 percent soil and no attached solid walls or roofs. A 60 day comment period precedes a five year phased rollout. costs could rise 3.6 percent.
MENTIONED IN THIS ARTICLE
Chicago
U.S. Department of Agriculture
USDA
Dena Jones
Animal Welfare Institute
Agricultural Marketing Service
Iowa
MetLife deemed not systemically important in ruling
A U.S. district judge ruled the government failed to prove MetLife is too big to fail under Dodd-Frank guidelines. The decision questions the Financial Stability Oversight Council process and could affect ongoing oversight of systemically important financial institutions including AIG Prudential and GE Capital. MetLife welcomed the court ruling.
MENTIONED IN THIS ARTICLE
U.S
MetLife
Rosemary Collyer
Collyer
AIG
Treasury Department
The
Financial Stability Oversight Council
Dennis Kelleher
Better Markets
Treasury
Jack Lew
Congress
Lew
Prudential
General Electric
U.S. District Court