Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Frito-Lay, a PepsiCo subsidiary, has initiated a voluntary recall of thousands of Doritos Nacho Cheese Tortilla Chips due to undeclared allergens - wheat and soy, potentially endangering sensitive consumers. The affected chips, primarily distributed in Pennsylvania, have been on sale since late June.
According to The New York Post, Frito-Lay is recalling thousands of Doritos Nacho Cheese Tortilla Chips as they may have undeclared ingredients of soy and wheat, which the Centers for Disease Control and Prevention (CDC) said are among the most common foods that cause severe allergic reactions in the United States.
The CDC said that the symptoms and severity of allergic reactions depend on one person to another, and the result can also change over time. One of the most serious results is Anaphylaxis which can happen mere minutes after consuming the allergen. In the worst-case scenario, exposure to the allergen can lead to death.
Fortunately, neither the Food and Drug Administration (FDA) nor Frito-Lay received any allergic reaction report related to the recall of Doritos Nacho Cheese chips. Still, consumers are being warned to stop eating and discard the affected chips immediately. People who are allergic or sensitive to wheat and soy are at risk of falling ill if they consume the products.
The Frito-Lay’s Doritos Nacho Cheese in 14.5 ounces and 1-ounce bag packaging are affected in this recall. These were distributed in retail stores and other outlets in Pennsylvania. The chips are said to have been available for sale since June 29. All in all, it was estimated that less than 7,000 bags of Doritos are being called back.
“The products covered by this recall were distributed at retail stores only in Pennsylvania and other outlets, such as food service locations and vending machines. Consumers would have been able to purchase the chips as early as June 29, 2023,” the FDA stated in the first allergen alert posted earlier this week. “No other Frito-Lay or Doritos products, flavors, sizes, or variety packs are recalled.”
Photo by: Gaining Visuals/Unsplash
