In 2021, the Environmental Protection Agency initiated efforts to regulate formaldehyde due to its cancer-causing properties, prompting a strong industry backlash led by the American Chemistry Council. Lobbyist Lynn Dekleva, now at the EPA, spearheaded the industry’s pushback against the EPA’s scientific work on formaldehyde. Despite industry opposition, the EPA ultimately determined that formaldehyde poses an unreasonable risk to human health, leading to ongoing debates and legal battles surrounding chemical regulation processes and safety standards.
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Why Did Micron Stock Drop Today?
Shares of Micron Technology (NASDAQ: MU) fell 5.2% on Thursday morning, primarily due to issues attributed to Samsung, rather than any specific actions by Micron itself. The decline highlights the interconnected nature of the semiconductor industry and how external factors can significantly impact stock performance. Want More Context? 🔎
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