U.S. Stocks End Q2 Higher as Strong Jobs Data and AI Rally Lift Wall Street 
Australia Sues Amazon Over Prime Video Ads and Subscription Terms 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data 
US Stock Futures Steady as Investors Await Payrolls Data and Monitor Iran Tensions 
Argentina Economy Shrinks 1.5% in April, Recovery Under Milei Loses Momentum 
Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says 
South32 Sells Major Aluminium Assets to Alcoa in Deal Worth Up to $5.6 Billion 
SoftBank Shares Slide as OpenAI IPO Delay Concerns Weigh on AI Investment Outlook 
Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts 
Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand 
Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion 
Yen Falls to 40-Year Low as Markets Watch Japan Intervention and U.S. Jobs Report 
Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan 
Nike Q4 Earnings Beat Estimates as Wholesale Growth Offsets Direct Sales Weakness 
Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets 
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
