CRN Responds to FDA Consumer Update on Bodybuilding Supplements

The Council for Responsible Nutrition (CRN) has issued a statement in response to a consumer update published yesterday by the U.S. Food & Drug Administration (FDA), “Caution: Bodybuilding Products Can Be Risky.”

Andrea Wong, Ph.D., senior vice president, Scientific & Regulatory Affairs, stated,  “Illegal steroids and steroid-like substances have no place in the dietary supplement market. The Council for Responsible Nutrition agrees with FDA’s recommendations for consumers to stop taking products that claim to contain illegal steroids or steroid-like substances. These problematic ingredients may lead to potentially serious health consequences.

“Legitimate sports nutrition supplements—the ones most consumers would encounter in conventional stores or mainstream shopping platforms—are safe, beneficial, and help consumers meet their fitness goals. As with other dietary supplements, these products are meant to complement other smart lifestyle choices, not to replace the hard work and healthy habits that athletes must develop to be well-conditioned.

“CRN continues to call

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Aspiration Acquires Carbon Insights to Track Carbon Use

L.A. fintech firm Aspiration, which offers an eco-friendly digital spin on consumer banking, has purchased Carbon Insights, a Denver-based startup that uses APIs to help financial institutions track carbon footprints.


The acquisition is Marina del Rey-based Aspiration’s first-ever since it launched in 2015. Financial terms of the deal were not disclosed. As part of the acquisition, Carbon Insights co-founders Chad Hunter and Ally Kadel have joined Aspiration.

Aspiration will deploy Carbon Insights’ technology to enhance its scoring system for tracking the sustainability impact of its customers’ spending habits, Aspiration co-founder and CEO Andrei Cherny told dot.LA. Carbon Insights relies on a combination of business attributes and operational data—like energy consumption and corporate expenditures—to estimate a company’s carbon footprint, Cherny explained.


Aspiration co-founder and CEO Andrei Cherny

The technology will allow Aspiration to better provide “a sustainability score for our customers based on where they are shopping and spending,” Cherny explained.

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Warren Buffett’s $51 Billion Stock Market Shopping Spree: Here’s What He’s Buying

Topline

Billionaire investor Warren Buffett has used the ongoing market selloff as an opportunity to buy the dip and add several new major positions as his investing conglomerate, Berkshire Hathaway, deployed tens of billions of dollars into stocks during the first quarter, according to new regulatory filings.

Key Facts

Buffett’s Berkshire Hathaway took advantage of the ongoing market turbulence to enter into eight new positions and add to many others during the first quarter of 2022, with most of its buying activity occurring in early March.

Buffett’s investing conglomerate disclosed several new stakes late on Monday, including 55 million shares of Citigroup (worth around $2.6 billion) and 69 million shares of media giant Paramount Global (worth around $1.9 billion).

Berkshire Hathaway now owns a more than 10% stake in Paramount, which rebranded from ViacomCBS earlier

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All The Best Street Style From Australian Fashion Week

The most preeminent occasion of the Australian fashion calendar is here, and along with the beginnings of some wet winter weather comes a host of great style.

Kicking off on May 9, Afterpay Australian Fashion Week (AAFW) sees the Aussie style pack flock to Sydney’s Carriageworks for a glimpse of the new season designer collections. But while we traditionally look to the runway to set up and coming trends for the year, what’s become an event in and of itself is the surrounding street style.

Known for our effortless approach to fashion, the crowds at AAFW always unearth a heap of style inspo to mine from, and if day one is indicative of how the rest of the week will play out, they’re not here to disappoint.

Last year we saw show-goers lean heavily towards neutrals, fluid shapes and relaxed suiting, but this year has seen a drastic shift

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