Business

The Porter Ranch Gas Leak Is Finally Plugged

The California Division of Oil, Gas and Geothermal Resources will begin winding down the relocation of almost 6,000 families who were uprooted because of the leak. While the well has yet to be permanently sealed and inspected by state regulators - a process that could take several days - nearby residents greeted the news with a sigh of relief.

Business

CDC: Cancer risk higher for Lumber Liquidators laminate flooring

Lumber Liquidators has stopped selling floors made in China. Lumber Liquidators sells more than $120 million annually in laminate flooring, including products from the U.S. The CDC says homeowners can reduce the amount of formaldehyde in their homes by letting in fresh air for a few minutes every few days and choosing products with low or no formaldehyde.

Business

All US Forests Threatened, Study Cites Drought, Fire, Climate Change

Almost all the forests across the country are exhausted by increasing drought and climate change . Forests nationwide are feeling the heat from increasing drought and climate change, according to a new study by scientists from 14 research institutions.

Business

Mars recalling products in 55 countries

Thousands of popular chocolate bars have been pulled from the shelves after plastic was found in some products. It is the first time that Mars has had to recall products made at its Veghel factory, opened in 1963, which employs some 1,200 people.

Business

Lumber Liquidators wood flooring may cause cancer — CDC

According to the CDC, the formaldehyde from the laminate flooring can cause cause eye, nose and throat irritation for anyone. The CDC report does not say whether the flooring it studied is still being sold at Lumber Liquidators , and it does not mention the company by name.

Business

Higher cancer risk for people exposed to certain Lumber Liquidators flooring — CDC

These updated reports may indicate more problems for Lumber Liquidators .  Now what (investor version ):This isn't good news. The initial " 60 Minutes " report on the Lumber Liquidators on March 1 was nothing less than devastating. But on average, there are about 50 micrograms of formaldehyde per cubic meter of air, the report said. At the time, the company disputed the allegations, saying they were driven by short-sellers who stood to benefit when the stock price fell.


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