Pennsylvania Law Seeks Fracking Moratorium
Fracking Moratorium In Pennsylvania. A Pennsylvania state lawmaker wants to put the brakes on hydraulic fracturing, or fracking, in the Marcellus shale there. Rep. Phyllis Mundy (D-120) is the primary sponsor of House Bill 2609, which would impose a one-year moratorium on issuing new natural gas well permits in … [Read more...]
New Product Recall Laws Proposed in Canada
Canada Pledge For Product Recall Tighter Regulations. Reacting to a recent series of toy, food, and drug recalls, the Canadian government pledged tighter regulations on Monday to try to prevent such problems in the future. "As we head into the holidays, there's growing concern about the safety of the products on the market, … [Read more...]
CPSC Would Get More Power, Funding Under Proposed Legislation
CPSC Might Get More Budget And Power Under The New Legislation. The Consumer Products Safety Commission (CPSC) might finally get some muscle if several US Senators get their way. Two lawmakers have introduced a bill that if passed would give the CPSC more tools to protect children from dangerous imported products. The legislation … [Read more...]
Lead in Toys Would be Banned Under Proposed Legislation
Lead in Toys Banned. A US Senator wants lead banned from children’s toys, and has recently introduced a bill she says would accomplish that goal. Many Americans believe that lead is already banned in toys, but in reality only lead paint is forbidden. Right now, the Consumer Products Safety Commission’s (CPSC) lead standards … [Read more...]
Proposed Diabetes Drug Serious Health Risks
Researchers at The Cleveland Clinic recently completed an analysis of clinical trials on muraglitazar (Pargluva), a new diabetes drug, finding that it doubles the risk of death, heart attack, and stroke. The results appeared in Thursday’s Journal of the American Medical Association (JAMA). Because of the study’s potential impact … [Read more...]
Proposed Piper Fine Put At $75 Million Or More
Proposed Piper Fine Put At $75 Million. U.S. Bancorp Piper Jaffray faces a proposed fine of at least $75 million over its stock research practices and is attempting to persuade securities regulators to reduce that amount, a source familiar with the negotiations said Monday. The regulators’ proposal is significantly higher than the … [Read more...]
