Tag "3"

FDA to cut trans fats from processed foods, gives three-year timetable

The U.S. Food and Drug Administration on Tuesday made good on its proposal to effectively ban artificial trans fats from a wide range of processed foods, from microwave popcorn to frozen pizza, saying they raise the risk of heart disease. Under new FDA regulations, partially hydrogenated oils, which have been shown to raise “bad” LDL cholesterol, will be considered food additives that cannot be used unless authorized by the FDA.

Commercial plane orders slow; jetmakers focus on backlog

By Tim Hepher and Andrea Shalal PARIS (Reuters) – The boom in commercial plane orders of recent years appears to be giving way to a more sustainable pace of demand at the 2015 Paris air show, with jetmakers increasingly focused on lifting production to meet their record backlog of sales. U.S. planemaker Boeing and European rival Airbus unveiled a steady stream of deals on Tuesday, day two of the aerospace

Expect the Fed to favor a September rate hike

The Federal Reserve’s Open Market Committee’s meeting this week will be particularly notable if central bank officials signal Wednesday that they are inclined to embark on a new interest rate cycle in September, raising floored policy rates for the first time since 2006.