New Rules Are Coming for Food Companies’ Ingredients
Summary
The FDA proposed new rules requiring food companies to notify the agency when introducing new ingredients, aiming to close the "GRAS loophole." In corporate news, Wall Street firms are helping NVIDIA raise $500 billion for AI infrastructure, while Boeing sold its flying taxi venture to Archer Aviation and Intel announced a $15 billion stock offering. Meanwhile, Gulf states are adjusting to Iran’s control of the Strait of Hormuz, seeking alternatives to avoid paying transit fees.
Topics discussed
Intro: Food rules, Boeing, and Gulf oil producers
FDA proposes new transparency rules for food ingredients
NVIDIA financing, Boeing Archer deal, and Intel stock
Gulf states accept Iran's control of Strait of Hormuz
Markets, Colombia earthquake, and UK drone data leak
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