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Texas AG Probes Lululemon Leggings For "Forever Chemicals"
Texas AG Probes Lululemon Leggings For "Forever Chemicals"
Shares of Lululemon Athletica fell as much as 4.5% in late-morning New York trading after Texas Attorney General Ken Paxton launched an investigation into whether the company, known for its leggings, misled consumers about potential "forever chemicals" in its apparel.
Paxton's probe of Lululemon's athletic apparel centers around leggings that may contain PFAS, or "forever chemicals," and whether the company misled consumers about the safety, quality, and health impacts of its products.
The attorney general's office will also review the company's restricted substances...
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Submitted By Tsvetana Paraskova of OilPrice.com
For the second time this decade, a war has upended global oil markets and sent oil prices and refining margins to multi-year highs, benefiting the world’s biggest oil companies and top refiners.
The war in Iran has tightened fuel supply as crude oil has struggled to move through the Strait of Hormuz, triggering reduced refining throughput in Asia and a temporary Chinese ban on exports. The fuel markets tightened even more than the crude market to send refining...
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