Investment Firm Newly Covering Tesla: “One of the most dynamic technology innovators over the last 30 years” – CleanTechnica

Cars

Published on December 15th, 2018 |
by Steve Hanley

December 15th, 2018 by  


By Steve Hanley & Zach Shahan

Wedbush Securities started covering Tesla stock last week. It’s coverage led off with this comment from analyst Daniel Ives: “Tesla has evolved into one of the most dynamic technology innovators over the last 30 years and, in our opinion, has put itself into an esteemed category of companies such as Apple and Amazon that have revolutionized consumer buying habits and behaviors over the last decade.”

Ives continued by calling Tesla “a technology titan over the coming years despite the near-term turbulence. Seeing the forest through the trees, we believe Tesla has the most innovative product road map in the technology space over the next 5 to 10 years,” Ives said. He has set a price target of $440 per share according to CNBC. It closed at $365.71 on Friday.

Ives didn’t say whether those new buying habits include the end of franchise dealer laws that prevent Tesla from selling directly to consumers in many US states, but a good guess is those archaic laws will be swept away within 3 years, or 5 years at the worst.

We wrote an article focused on Tesla’s innovation obsession a couple of months ago. As you can see from the screenshot above, it was inspired in part from a simple tweet … by Elon Musk. We had a rather popular article going around that highlighted the threat Tesla is posing to major German automakers. In a few more words, it basically explained that Tesla is out-innovating the competition. Musk summarized the point well for us with his tweet, which is appropriate since we were summarizing his company’s leadership and the disruption it is initiating.

Wedbush Securities isn’t the only money manager putting its finger on this point. In fact, Tesla has passed up every automaker except Toyota and Volkswagen in market cap. It routinely receives bullish words of praise from the likes of Ron Baron, Tim DraperGene MunsterBaird & Co.Baillie Gifford, and other notable rich people.

future innovation

The important point with this tech disruption is that it’s focused on the protection of human society and the Earth as we know it. This is what drives Tesla, including thousands or tens of thousands of employees at the California company.

Wedbush Securities and other investment firms may be eager to make an extra billion or two on Tesla. The rest of us are eager to see our planet protected by Tesla’s rapid innovation and relentless growth until the EV revolution is complete.

Related Stories:

Tesla Passes Daimler In Market Cap — Volkswagen Next?

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About the Author

Steve writes about the interface between technology and sustainability from his home in Rhode Island and anywhere else the Singularity may take him. His motto is “Democracy is socialism.” You got a problem with that?

You can follow him on Google + and on Twitter.



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Sprint and T-Mobile parents pledge to excise Huawei equipment to score merger approval – PocketNow

While T-Mobile does not use Huawei telecommunications equipment and Sprint has only recently cut out its cache, we’ve been hearing movements from their respective parent companies who are supplied by Huwaei to that front.

Now, Reuters reports from its sources that Deutsche Telekom and Japanese-based SoftBank will offer to remove Huawei products from all networks that they own. The two are seeking approval from the Committee on Foreign Investment in the United States to merge Sprint and T-Mobile into one carrier.

Huawei has been targeted by members of the Five Eyes intelligence alliance — Australia, Canada, New Zealand, the United Kingdom and, most prominently, the United States — as a potential threat to cybersecurity. The company was founded by a former People’s Liberation Army soldier, is majority-held by state-owned China Mobile and is thought to be easy to cave to pressure from the government when it comes to carrying out surveillance, data siphoning and other surreptitious acts.

Its CFO, Meng Wanzhou, was arrested in Canada two weeks ago and could be extradited to the United States to face charges related to defrauding financial institutions regarding the breach of Iranian trade sanctions. Meng is free on bail.

Huawei has denied claims of unscrupulous behavior. Several governments have blocked the company from bidding on 5G infrastructure tenders.

Meanwhile, Sprint and T-Mobile will still have to deal with the Department of Justice as well as the FCC for reviews on how they treat and will treat smaller carriers who buy wholesale access to their networks and if a new home internet service strategy will affect the combined company’s competitive standing in the telecom industry.

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No, you can’t smoke hemp (and other things to know now that it will be legal) – CNN

Hemp legalization was tucked into the 2018 farm bill, a massive piece of legislation that also addresses issues such as nutrition, conservation, trade, energy and forestry.

The bill received strong bipartisan support, and is now headed to President Donald Trump’s desk. He’s expected to sign it into law.

Now that hemp is (almost) legal, there are all kinds of implications for farmers, researchers and consumers.

Here’s what you need to know about the plant that’s bringing together farmers, potheads and politicians.

Hemp has been treated like marijuana

For decades, the federal government has treated hemp just like any other cannabis plant. Since 1970, it had been classified as a schedule 1 drug on the Drug Enforcement Administration’s list of controlled substances, alongside heroin, LSD and marijuana. The DEA defines schedule 1 drugs as having no currently accepted medical use and a high potential for abuse.

The new bill takes hemp off that list.

The schedule 1 designation made universities reluctant to get involved in hemp research, according to Lawrence Smart, a professor of horticulture at Cornell University.

“With hemp being legalized now, those restrictions and hesitations about legal jeopardy have been removed,” Smart said. “I expect that we’ll see many more researchers willing to get involved in hemp research.”

Hemp won’t get you high

Hemp and marijuana aren’t the same thing. They both come from the same species of cannabis, but if you try to smoke hemp, you’ll probably just end up with a headache.

Sen. Ron Wyden of Oregon put it bluntly: “Federal law treats hemp like it’s a dangerous drug, but the only thing you’re going to accomplish by smoking hemp is wasting breath, time and lighter fluid.”

Hemp has extremely low levels of THC, the compound in marijuana that gets people stoned. It’s higher in CBD, a compound that many people believe helps them with anxiety, arthritis, stress and other conditions.

Hemp gets a lot of hype over CBD products such as oils, supplements and vapes. Although CBD can come from marijuana, too, it’s simpler for companies to use hemp-derived CBD because the extract is legal in all states.

It’s not just CBD, though — hemp can be used to produce all kinds of things, including clean fuel for cars, building materials, clothes, food and beer.

It’s legal to buy and sell hemp products in the United States. But because growing hemp has been so tightly regulated, the domestic market for hemp products is extremely small. So a lot of those products are imported from Europe, Canada and China.

Mitch McConnell (yes, that Mitch McConnell) led the charge to legalize it

Sen. Mitch McConnell was a major leader in getting legislation on hemp passed. He put himself on the conference committee for the 2018 farm bill. Monday, he signed the final version of the 2018 farm bill — and used a pen made from hemp to do it.

If you’re wondering how the Republican Senate Majority Leader became one of the biggest proponents of a plant once considered a cousin of marijuana, look to his home state of Kentucky.

Anti-smoking campaigns and high cigarette taxes have dealt a blow to Kentucky’s once-thriving tobacco industry.

The USDA
estimated that Kentucky farmers harvested an estimated 55,000 acres of burley tobacco, used primarily for cigarette production. That’s down 8,000 acres from last year. In the 1990s, burley harvests reached above 200,000 acres.

Now Kentucky has one of the largest hemp industries in the country — and McConnell says he thinks hemp could become the state’s new cash crop.

“Kentucky has a proven track record for favorable growing conditions for hemp, and there was no legitimate reason why our farmers shouldn’t be allowed to grow the crop and capitalize on this growing market,” McConnell wrote in an
op-ed for The Courier-Journal.

Hemp is one of those rare bipartisan issues, supported by both Republicans and Democrats in big farming states.

That doesn’t mean weed will become legal, too

If you’re hopeful about what this bill means for legal pot, don’t hold your breath.

This newest Congress seems more open to legalizing pot than ever, but Republicans still control the Senate. And McConnell and many other senators (from both parties) remain opposed to marijuana legalization.

It’s true that Trump hasn’t been a vocal opponent of marijuana. But he’s certainly not leading the charge to light up.

Farmers stand to win big, but it won’t be easy

With falling prices of crops, increasing debt and an ongoing trade war with China, US farmers have been struggling. Once hemp is legal, farmers will have greater access to a whole new market.

Though hemp products can easily be found in stores, actually growing it was a lot trickier. Previously, farmers could only cultivate hemp for research under pilot programs monitored by their state and the US Department of Agriculture, a provision made possible by the 2014 farm bill.

The 2018 bill loosens a lot of restrictions on hemp production, and farmers can also apply for USDA crop insurance and grant programs. The bill also specifically allows tribal nations to grow hemp on their lands.

But growing hemp won’t be as simple as growing tomatoes or corn.

The previous restrictions around growing hemp means there isn’t a good seed bank, which captures the plant’s genetic diversity. In other words, a lot of plant breeders are starting from scratch in figuring out what pests and diseases they’re up against, and how hemp fits in with the rest of their crops.

There are also concerns about what is classified as hemp — the legal definition states that the plant cannot contain more than 0.3% THC. Farmers looking to grow the crop will have to comply with regulations set by their states. Farmers in states that don’t develop plans for hemp regulation will have to abide by USDA standards.

And though the bill opens up hemp growing to a lot more farmers, not everyone gets to participate.

Anyone with a felony drug conviction is banned from growing hemp. It’s a provision that critics say disproportionately affects nonwhite people, continuing the legacy of the war on drugs.

McConnell added the felon ban to appease concerns he received from the Senate Judiciary Committee, the administration and outside interest groups,
according to Politico.

“It’s ludicrous,” said Lex Pelger, head of education for the Colorado hemp and CBD company Bluebird Botanicals. “If there’s one thing we could change, that would be it.”

The CBD industry is also really excited

Hemp oil products are displayed during the Cannabis World Congress in New York.

CBD is everywhere these days — in lattes, lotion and even dog food.

Hemp-derived CBD sales in the United States reached
$190 million last year, and one report projects the CBD oil market will reach
$1 billion by 2020.

Pelger predicts retailers will now feel more comfortable about jumping into the CBD game.

Though the DEA has said in recent years that it wouldn’t go after businesses and consumers over hemp or CBD, a lot of researchers and retailers were still nervous about entering the market.

“This will carry the already booming industry to the next level,” Pelger said.

The new law also makes things easier for existing CBD businesses. Pelger said it will give companies expanded access to credit card processors and advertising on major platforms.

“You can imagine running a business and having a number of tools that you need not be available,” Pegler said.

The new law is good news for consumers, too, said Pegler.

Loosening restrictions on growing hemp means more competition, more sources of hemp and, advocates hope, better quality.

Still, you should be wary of the hemp hype

There’s a lot of hype about hemp. On the farming side, people claim it’s easier to grow and adaptable to most climates. Others say it can clean contaminants from the soil and improve soil quality.

Not true, says Smart.

“Many of these things have not been properly studied in these controlled experiments and may or may not live up to the hype,” Smart said.

A lot of people swear by the health and wellness benefits they get from hemp. But because of all the restrictions hemp has been under, there isn’t a lot of research on what’s effective and what conditions hemp can alleviate.

The bill is important step because it legitimizes hemp, Pelger said. And now that it’s easier to research hemp and enter the industry, we’ll likely see more opportunities for innovation.

“It’s going to be fascinating to see what the American market does with this old, intriguing plant.”

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552-carat yellow diamond, largest known in North America, found in Canada – WJW FOX 8 News Cleveland

A 552-carat yellow diamond was recently unearthed in Canada — the largest ever found in North America.

Mining company Dominion Diamond Mines said in a press release on Thursday the diamond was discovered in October at the Diavik Diamond Mine in Canada’s Northwest Territories.

The “astonishing gemstone” measures 33.74 millimeters by 54.56 millimeters, the company said.

It was uncovered in the initial screening process at Diavik’s recovery plant, the company said. “Abrasion markings on the stone’s surface attest to the difficult journey it underwent during recovery, and the fact that it remains intact is remarkable.”

Dominion Diamond Mines added the diamond will not be sold in its rough form, and it’s too early to determine its value. The company will select a partner to cut and polish the stone.

According to the company, this find exceeds a previous record held by the “Diavik Foxfire,” a 187.7-carat diamond discovered at the same mine in 2015 by mining company Rio Tinto. Dominion owns 40% of the Diavik Diamond Mine.

Trademark and Copyright 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.


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Robinhood backs down after outcry over checking account – American Banker

After a backlash around the marketing of its newest product, Robinhood Financial LLC has rebranded the service it had previously billed as Robinhood Checking & Savings.

Initially rolled out with comparisons to traditional bank accounts but offering a sky-high 3% interest rate, the company scrubbed the page from its website, deleted tweets about the launch and issued a blog post explaining the change. Robinhood is now calling it a “cash management” service.

“We’re excited and humbled by the response to yesterday’s announcement of Robinhood’s cash management program launching in 2019,” founders Baiju Bhatt and Vlad Tenev wrote in a statement. “However, we realize the announcement may have caused some confusion.”

Baiju Bhatt, co-founder and co-chief executive officer of Robinhood

“We’re excited and humbled by the response to yesterday’s announcement of Robinhood’s cash management program launching in 2019,” founders Baiju Bhatt (pictured) and Vlad Tenev wrote in a statement.

Bloomberg News

The founders said they’re “revamping” the product’s marketing materials and plan to “work closely with regulators.” There is currently no mention of checking or savings on the updated website. Instead, viewers now see a “cash management, coming soon” option. Robinhood didn’t immediately respond to requests comment.

Robinhood achieved a $5.6 billion valuation, thanks to a no-fee stock trading app popular with millennials. But in recent months, the company has drawn scrutiny over the sale of stock order data to high-frequency trading firms. Although the practice is common in the industry, critics said Robinhood wasn’t forthcoming about the practice. The startup has been looking to branch into other areas of finance and hoped to reinvent personal banking with a service called Checking & Savings.

After the product was rolled out on Thursday, questions quickly surfaced about how it would be insured and whether the money was protected. With a typical bank account, the Federal Deposit Insurance Corp. protects deposits up to a certain amount, with backing from the U.S. government. Robinhood said its service wouldn’t be insured by the FDIC but would be protected by the Securities Investor Protection Corp.

However, the SIPC said Robinhood hadn’t contacted the organization before the introduction. Stephen Harbeck, its president and chief executive officer, suggested the SIPC would not insure the product.

“SIPC protects cash that is deposited with a brokerage firm for one limited purpose, to purchase securities,” Harbeck told American Banker. “Cash deposited for other reasons would not be protected. SIPC does not protect checking and savings accounts.”

Bloomberg News

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Meet the pilots of Virgin Galactic’s first flight to space – CNN

For pilots Mark “Forger” Stucky and Frederick “CJ” Sturckow, looming over the flight was the memory of a tragic
test flight in 2014. Virgin Galactic’s first vehicle, SpaceShipTwo, ripped apart in mid-air, killing a co-pilot.

Stucky spoke to CNN Business after Thursday’s successful firing of the rebuilt SpaceShipTwo, called VSS Unity, to record heights at nearly three times the speed of sound. He said it was like taking a thoroughbred racehorse into a full gallop for the first time.

“Before you can race her you have to train and walk her down uneven terrain, but eventually you have to say, maybe I should race her,” he said. “That’s what Unity reminded me of.”

The test flight was the first time Brason’s space tourism startup has gone more than 50 miles above Earth. It earned both pilots commercial astronaut wings from the US government and put Virgin Galactic on track to become the first private company in the world to take paying customers to space.

Virgin Galactic had worked toward the goal since it was founded in 2004. It also marked the first crewed flight to space from US soil since the Space Shuttle retired in 2011, with Virgin Galactic beating out other well-funded competitors.

The company is squared up to compete directly with Jeff Bezos’s Blue Origin to conduct suborbital tourism flights. SpaceX and Boeing, meanwhile, are due to begin flying
NASA astronauts to the International Space Station — a trip that requires speeds over Mach 30 — next year.

Making history

Virgin Galactic and its corps of test pilots have worked for years rebuilding its spacecraft and its public image.

Branson watched alongside a crowd of employees, their family members and friends in Mojave, California with nervous energy as Stucky and Sturckow took to the skies.

It wasn’t clear ahead of time whether they would reach the 50-mile mark. The pilots had the option to cut the engine burn short, which they would have been forced to do if any of the safety checks were abnormal or weather turned bad.

Mark

The pair tried to do everything possible to boost their chances of success. The morning before flight, Stucky and Sturckow met at Virgin Galactic’s Mojave hangar at 4:30 am to run through flight simulations meant to mimic any possible curve ball the day could throw their way.

“We did it again, and again, and again, and got it perfectly,” Stucky said.

It paid off.

Despite a rough windshear, VSS Unity’s engine roared for 60 seconds and reached Mach 2.9. The blaze ended, and the cockpit window looked out into the blackness of the cosmos with an expansive view of Earth’s curved horizon. Mission control dispatched: “Welcome to space.” Branson wept.

A balanced act

Stucky, 60, and Sturckow, 57, have more than 15,000 hours of flying experience between them. They’re both former marines and have known each other since the 1980s, but they’ve never worked together before joining Virgin Galactic. Their personalities are polar opposites.

Stucky is verbose and charismatic, while Sturckow is known for his stoicism and intensity.

When the men emerged from VSS Unity after their historic flight Thursday, they walked toward the crowd. Stucky broke into a sprint, bolting directly for the area where the pilots’ family members were watching.

He gave his wife a kiss and handed Branson a small globe that he carried with him during the flight. On an outdoor stage near the runway, he addressed the crowd of employees, family members and friends with visible excitement.

“It was really amazing, I hope you guys could maybe capture a sense of that,” he said. Stucky joked at one point that reaching space meant he’d left the United States, and he handed Branson a set of customs declaration forms.

When Stucky gave Sturckow the microphone, he offered just two phrases: “It was a great flight, and I can’t wait to do it again. Thank you, Forger.”

“That’s more words than he usually gives,” one audience member remarked.

Richard Branson celebrates with pilots Rick

Stucky said going into the flight, he was glad for Sturckow’s levelheadedness.

“The thing I knew about CJ was that nothing would frustrate him, and I knew that he wouldn’t cave under pressure no matter how bad it got,” he said.

Earning wings

The rare designation of astronaut wings is awarded by NASA or the Air Force when a flight in their respective programs reaches more than 50 miles above Earth.

The first-ever commercial astronaut wings were awarded by the Federal Aviation Administration in 2004 to Mike Melvill and Brian Binnie, who piloted SpaceShipOne, the supersonic plane that was the precursor for SpaceShipTwo.

FAA Assistant Administrator Bailey Edwards took the stage with Stucky and Sturckow Thursday to announce that they, too, would receive the designation in a ceremony next year.

Sturckow already has a set of wings. He’s a former NASA astronaut who flew on four Space Shuttle missions between 1998 and 2009. By the time he left NASA to join Virgin Galactic in 2013, he already logged more than 1,200 hours in space.

But for Stucky, earning astronaut wings was decades in the making. He dreamed of traveling deep into the skies since he was a kid. After reaching the final stages of selection for the astronaut corps — a hyper-competitive process — he didn’t make the cut.

He worked as a test pilot for NASA and the Air Force, logging experience on more than 170 types of vehicles throughout his career. He teamed up with Virgin Galactic about a decade ago. It gave him another shot at reaching his lifelong goal.

When he finally reached space Thursday, Stucky honored a bet he lost to longtime pal Jack Fischer over who would get there first. Fischer was selected to be a NASA astronaut in 2009 and spent 136 days in space last year. Stucky carried Fischer’s name tag with him during Thursday’s flight.

But Stucky said none of that was top of mind.

Mark

“The overwhelming feeling is not anything about being an astronaut, it’s about doing a good job and not letting the company down and not letting Richard down,” he said. It was about showing what all those people at Virgin Galactic had worked for was “more than just a vision.”

Stucky told CNN Business in October that he never felt like he was gambling with his life when he boarded VSS Unity for a powered test flight. But on Thursday he admitted he tried to shield some members of his family from the inevitable risk he took on firing a rocket engine up to 260,000 feet in the air.

Stucky’s daughter gave birth earlier in the week. “I did not tell them about this flight because I didn’t want to stress her out,” he said.

When asked how he would celebrate they day’s achievement, Stucky laughed and said his wife “got me a really nice bottle of whiskey.”

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Crews find prized lumber in gutted Wisconsin warehouses – WMTV

RACINE, Wis. (AP) — A Wisconsin material design company is reclaiming 19th century timber from gutted warehouses in Racine that a company official says it like finding “a needle in a haystack.”

Urban Evolutions co-owner Jeff Janson says he’s found the wooden equivalent of a hidden stash of gold in some dismantled JI Cast steam engine and thresher machine buildings, the Milwaukee Journal Sentinel reported.

Much of the wood is old-growth, longleaf pine from slow-growing forests that once covered an estimated 92 million acres of the South, from roughly East Texas to southern Virginia.

Janson said the timber is far more than old, junk timber.

“You can’t buy it. The only place to find it is in a reclamation project,” Janson said. “We think it’s really high quality, and I think our customers were really shocked to find it here.”

The reclaimed timber at the site, also known as “heart pine,” includes massive 10-inch by 10-inch structural beams weighing 1,000 pounds and floor joists measuring 2 inches by 11 inches and weighing 200 pounds.

Janson hopes to harvest 2 million board feet of the timber from the site.

“This is like a needle in a haystack, this building,” Janson said while working at the site on recent cold, gray December morning. “The longleaf pine is really sought after. It’s as heavy as oak.”

Urban Evolutions plans to recover the timber by working with crews from Recyclean, a Kenosha-based reclamation company.

Janson said he is hoping the lumber being pulled from the warehouses will end up being used in projects across the U.S. and the world.

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Check your fridge and pantry for food products recalled this week – WLOS

Before the family gathers for a holiday meal, here’s all the food you should purge from your pantry. Read on to see some of the things you may need to throw away and updates on recalls for beef and romaine lettuce.

Metal found in Jimmy Dean sausages

CTI Foods LLC, is recalling 29,028 pounds of frozen, ready-to-eat poultry and pork sausage links after five people called the US Food Safety and Inspection Service to let them know they had found metal pieces in the sausage, according to the US Department of Agriculture.

There are no reports of anyone getting hurt by the metal, but the USDA said there are concerns that some people may unknowingly still have the packages in their freezers.

Look on the package for the code A6382168, with a time stamp range of 11:58 through 01:49. This is the 23.4-ounce pouch that is called “Jimmy Dean Heat ‘n Serve Original Sausage Links Made with Pork & Turkey” with a “use by” date of January 31, 2019. It will also have “EST. 19085” on the back of the packaging.

Del Monte recalls canned corn

Del Monte’s fiesta corn seasoned with red and green peppers is under-processed and could result in, “contamination by spoilage organisms or pathogens, which could lead to life-threatening illness if consumed,” the company said.

The recall is for 64,242 cases that were distributed to 25 US states and in 12 countries — Bahamas, Barbados, Belize, Bermuda, El Salvador, Haiti, Guyana, Uruguay, Aruba, Panama, Saint Lucia and Suriname.

All of the recalled corn was sold in 15.25-ounce cans with the UPC number 24000 02770. They have “best if used by” dates marked on the can of: August 14, 2021; August 15, 2021; August 16, 2021; Sept. 3, 2021; Sept. 4, 2021; Sept. 5, 2021; Sept. 6, 2021; Sept. 22, 2021; and Sept. 23, 2021.

More cases of salmonella linked to recalled beef

JBS Tolleson Inc. has recalled more than 12 million pounds of beef products that might have been contaminated with salmonella.

The products were produced and packaged between July 26 and September 7, distributed nationwide and sold by more than 100 retailers. A list of the states and distributors that received the contaminated meat, including Walmart and Kroger, is available from the US Department of Agriculture.

The CDC recommends that consumers check their freezers for beef they may have stored and look for establishment number EST. 267.

The CDC says 333 people have become ill and 91 have been hospitalized since illnesses began in August. No deaths have been reported.

E. coli outbreak traced to California farm

The strain of E. coli causing the current outbreak in romaine lettuce has been found in a reservoir on a farm in Santa Barbara County, California, the US Food and Drug Administration and the Centers for Disease Control and Prevention said.

The agencies are continuing to investigate other possible sources, and the CDC still advises consumers not to eat romaine lettuce grown in California’s Monterey, San Benito and Santa Barbara counties until investigations are complete.

Properly labeled romaine grown outside those three counties and harvested after November 23, as well as romaine grown in greenhouses or hydroponically, should all be safe from contamination, the CDC said. The earlier warning against eating romaine from California’s San Luis Obispo, Santa Cruz and Ventura counties has been lifted.

Inspired Organics recalls organic sunflower butter

The company recalled its organic sunflower butter because of the potential contamination of Listeria monocytogenes, an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems, the FDA said.

The product was distributed exclusively by Lipari Foods. LLC in Warren, Michigan, to food service and retail stores throughout Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, New York, Ohio, Pennsylvania, Tennessee, West Virginia, Wisconsin and Ontario, Canada.

The recalled product is sold in 16-ounce packages and can be identified by the “best by” date of October 2019, the lot number 99 and the UPC number 863669742526.

Achdut recalls ‘Tahini’ because of salmonella risk

The FDA says Achdut LTD. of Ariel, Israel, is recalling its tahini products of all sizes because they may be contaminated with salmonella.

The recalled products are Tahini, Whole Tahini, Organic Tahini and Seasoned Tahini, and the brand names of the products are Achdut, Baron’s, S&F, Pepperwood, Soom and Achva.

The container sizes are 15 ounces, 16 ounces, 17.6 ounces and 635 ounces (428g, 454g, 500g, 18Kg) with lot numbers 18-097 to 18-141 or with expiration dates April 7 to May 21, 2020. The Baron’s brand carries an expiration date of May 5, 2021.

The-CNN-Wire

™ & 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.

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Rich family will pay you six figures to travel the world, take photos – WFLA









TAMPA, Fla. (WFLA) – Here’s a dream job for photographers, or anyone with a pulse, really.

A rich family in the United Kingdom wants to pay a photographer to travel around the world with them for a year. And it won’t be on a budget. 

The family is looking for someone to accompany them to “events like the Formula One Grand Prix in Monaco and Abu Dhabi, diving in the Maldives, Mardi Gras in New Orleans, and the Rio de Janeiro Carnival, as well as skiing in Val d’Isere,” and document their experiences, according to a job listing on Perfocal, a website that connects photographers and clients. 

And all for a very sweet yearly salary of 80,000 pounds, which works out to be $100,000, plus travel, food and accommodation expenses.

The person must be willing to leave home at a short notice and be okay with traveling year-round, “sometimes coming home for more than a few days at a time.” 

“We’re also be running extensive background checks on all of the shortlisted applicants,” the post reads. 

The job starts in February. Click here for more information. 

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Johnson & Johnson Stock Plummets After Report Claims Company Knew About Asbestos In Its Baby Powder – LEX18 Lexington KY News

SOURCE: Justin Sullivan/Getty Images

NEW YORK, Ny. (CNN) – Johnson & Johnson’s stock tumbled 10 percent on Friday — wiping out close to $40 billion of its market value — after a Reuters report said the company knew for decades that asbestos was in its baby powder.

The company has been grappling with lawsuits alleging some of its talcum powder products caused cancer. But the Reuters report cites documents and other evidence that indicate company executives, managers, scientists, doctors and lawyers knew about the problem and failed to disclose it to regulators or the public.

It was J&J’s worst day since 2002.

The plunge in J&J’s shares rippled across Wall Street. J&J is among the most widely held stocks and it’s also a member of the Dow.

Reuters said it examined documents, including depositions and trial testimony, that show that from at least 1971 to the early 2000s, J&J’s raw talc and finished baby powders sometimes tested positive for small amounts of asbestos, a human carcinogen.

According to Reuters, the documents also depict successful efforts to influence U.S. regulators’ plans to limit asbestos in cosmetic talc products and scientific research on the health effects of talc.

“The Reuters article is one-sided, false and inflammatory,” Johnson & Johnson said in a lengthy statement about the report. “Johnson & Johnson’s baby powder is safe and asbestos-free.”

The company said that “thousands of tests” by Johnson & Johnson, regulators, independent labs, and academic institutions have shown that its talc does not contain asbestos. The company said that it has fully cooperated with the Food & Drug Administration and other global regulators over decades, and used the “most advanced testing methods available” to ensure that its cosmetic talc is asbestos-free.

On July 19, 2002, shares of Johnson & Johnson tumbled 16 percent as federal regulators investigated a former employee’s allegations of false record-keeping at a plant that made an anemia drug linked to serious side effects.

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