"This week in business was a bit of a balancing act. Consumers faced a number of fresh reminders this week that everyday products are not always safe or convenient. Companies are rethinking their footprints, closing stores in some markets while making bold moves to expand elsewhere. The markets reminded everyone that investor confidence can rise faster than fundamentals, especially when a big name signals conviction."
"You might want to check your pots and pans. The FDA added more imported brass and aluminum cookware to its lead risk warning after new testing showed more products can leach unsafe amounts into food. Several items sold through specialty grocers are now flagged, with the agency urging consumers to toss them, not donate or refurbish. It's September, which means it's time for Apple's annual iOS refresh."
Consumers faced expanded FDA lead warnings after testing showed imported brass and aluminum cookware can leach unsafe amounts into food, with officials urging disposal rather than donation or refurbishment. Apple released iOS 26 featuring a Liquid Glass design, new AI tools, a refreshed calling experience, a late-morning Pacific rollout pattern, and support back to the iPhone 12 alongside related OS updates for other devices. Nearly 40% of the largest metros posted year-over-year home-price declines in July, indicating softer demand. Petco plans to close 25 stores in 2025. Credit data showed an uneven household recovery while markets reflected rising investor confidence ahead of fundamentals.
Read at Fast Company
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