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China's richest man 'under investigation'
Trading in a Chinese electrical appliances company was halted Monday after reports that its chairman -- the richest man in mainland China -- is under investigation on charges of stock market manipulation, the company said.
Trading in a Chinese electrical appliances company was halted Monday after reports that its chairman -- the richest man in mainland China -- is under investigation on charges of stock market manipulation, the company said.
Seven famous people who survived bankruptcy
As the economy continues to look grim, the word "bankruptcy" is on the tips of more and more tongues. While being unable to pay one's creditors is never a good situation for a company or an individual, it may not be the financial kiss of death that you might think. (Just ask Donald Trump, whose casinos have gone bankrupt twice.)
As the economy continues to look grim, the word "bankruptcy" is on the tips of more and more tongues. While being unable to pay one's creditors is never a good situation for a company or an individual, it may not be the financial kiss of death that you might think. (Just ask Donald Trump, whose casinos have gone bankrupt twice.)
Eight good reasons to be cheerful
It's probably good that I'm not rich. Money, it seems to me, sends people in one of three directions: It accelerates an innate inclination to be generous, or it accelerates a kamikaze inclination to party with the Olsen twins, or it sucks away your sense of purpose and produces a desperate need to eat nothing but those little white cheddar Cheez-It crackers while staring blankly at an endless cycle of "Will & Grace" reruns.
It's probably good that I'm not rich. Money, it seems to me, sends people in one of three directions: It accelerates an innate inclination to be generous, or it accelerates a kamikaze inclination to party with the Olsen twins, or it sucks away your sense of purpose and produces a desperate need to eat nothing but those little white cheddar Cheez-It crackers while staring blankly at an endless cycle of "Will & Grace" reruns.
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U.S. blocks import of Chinese milk products |
| Date Added: November 14, 2008 04:42:25 PM |
| Author: |
| Category: Health |
| (CNN) -- The Food and Drug Administration has begun blocking the import of milk products from China in an effort to ensure that products contaminated with melamine do not enter the U.S. market. The agency, in an alert posted Wednesday on its Web site, ordered the "detention without physical examination of all milk products, milk-derived ingredients and finished food products containing milk from China due to the presence of melamine and/or melamine analogs." The agency listed dozens of products, including cereals, snack foods, cheese, ice cream, carbonated drinks, candy, puddings and pet foods as potentially contaminated with melamine, which is used in the manufacture of plastics and fertilizer. The agency said it learned in September that more than 53,000 infants in China became sick after consuming infant formula containing melamine. Nearly 13,000 were hospitalized and at least four died of illnesses involving the formation of kidney stones and crystals and related complications, it said. It said water is added to milk to increase its volume, and melamine is added to the mixture to boost its nitrogen content so that it appears to contain more protein "These contaminated milk components appear to have been dispersed throughout the Chinese food supply chain," the agency said. More than 13 countries in addition to the United States have reported finding contaminated milk products from China, the FDA said. |
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