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Hamas stated that it has so far handed over the remains of 24 detainees.On November 10th, at the global launch event for the fifth-generation Chery Tiggo 8, Chery Automobile Executive Vice President Li Xueyong, when discussing the moose test, stated that a car cannot stop in an extremely short time while driving on a highway; this is a principle of physics. When a car is traveling at 120 km/h, in an emergency, a single application of the brakes can only bring it down to around 80 km/h. In an emergency, handling, steering, and power determine safety. Only with excellent handling and continuous deceleration can safety be effectively maintained.Ukrainian special forces claim they attacked a Russian oil depot in Crimea.On November 10th, gold futures extended their gains, rising above the $4,100 mark. Saxo Bank analysts stated, "Despite rising bond yields again, investors remain willing to increase their exposure to precious metals." Market participants are weighing signs of a weakening US economy and progress toward ending the government shutdown. Analysts said, "The reopening of the government will restore data flow and reignite expectations for a December rate cut, but more importantly, it will refocus market attention on the deteriorating US fiscal outlook." Traders also continue to price in expectations of a December rate cut, despite the Federal Reserve maintaining a cautious stance—a particularly favorable scenario for non-interest-bearing gold.On November 10th, Rabobank FX strategist Jane Foley stated in a report that the dollar could rise if the delayed official US data is positive. The end of the US government shutdown will allow official data releases to resume. She believes this data could improve the outlook for the US economy. The dollar has recently rebounded after a poor first half of the year, partly due to reduced pessimism surrounding the US growth outlook. Foley stated, "The dollar has recently received additional support from the view that market expectations for further easing by the Federal Reserve may be too high."

Costco Must Fight "Dolphin-safe" Tuna Claims in Court

Aria Thomas

Jan 18, 2023 11:13

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A U.S. judge ruled on Tuesday that Costco Wholesale Corporation (NASDAQ:COST) must face a lawsuit alleging that the corporation falsely sells and labels its canned tuna as "dolphin safe" despite employing fishing techniques that hurt and kill dolphins.


U.S. District Judge William Orrick found in San Francisco that the plaintiff in the proposed worldwide class action asserted that Costco fraudulently pledged to adhere to a higher dolphin-safety standard than was needed by federal law, and then breached its "heightened promise."


Plaintiff Melinda Wright asserted that Costco violated California consumer protection laws by claiming that its tuna was captured using "100% Monofilament Leaders & Circle Hooks," a practice she thought harmful for dolphins, and was "100% Traceable from Sea to Shelf," a claim she judged unreliable.


Costco requested firing. The retailer, situated in Issaquah, Washington, maintained that Wright only hypothesized about the risk to dolphins caused by the tuna she purchased, and that it provided no guarantees about dolphin safety beyond the usage of a "dolphin safe" emblem.


The judge stated, however, that reasonable consumers would infer from Costco's logo and statements about seafood sourcing that the company's fishing practices encouraged "protection and respect" for marine life with minimum adverse environmental impacts based on Costco's emblem and remarks.


According to him, when given the option, consumers "overwhelmingly" prefer dolphin-safe-labeled tuna.


Costco has no immediate comment. Attorneys for Wright did not reply to demands for comment immediately. Orrick did not rule on the case's merits.


Wright stated that she paid $15 for eight cans of Kirkland Signature White Albacore Tuna in Water in 2021 at a Costco in Ukiah, California, but would not have done so or would have paid less if she had realized Costco's claims were untrue.


Wright v. Costco Wholesale Corp, case number 22-04343, Northern District of California, U.S. District Court.

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