RICHMOND, Va. — The Food and Drug Administration said Monday it plans to regulate smokeless electronic cigarettes as tobacco products and won’t try to regulate them under stricter rules for drug-delivery devices.
The federal agency said in a letter to stakeholders Monday that it intends to propose rule changes to treat e-cigarettes the same as traditional cigarettes and other tobacco products.
E-cigarettes are plastic and metal devices that heat a nicotine solution in a disposable cartridge, creating vapor that the “smoker” inhales. A light on the tip even glows like a cigarette.
CEO of Best Buy sees compensation halved
NEW YORK — An Associated Press calculation shows the CEO of Best Buy got about $5 million in compensation in the company’s most recent fiscal year, half what he got the prior year.
The largest U.S. electronics retailer is coping with slowing demand as consumers change how they buy electronics. The 50-year-old CEO, Brian Dunn, received a base salary of $1 million and a performance-based bonus of $746,667, down 75 percent from the year before.
Whole Foods will rate household cleaners
AUSTIN, Texas — Whole Foods is implementing a rating system for household cleaning products. The tiered system will take effect next year.
Red-rated products do not meet the standard and will not be sold at Whole Foods. Products can’t receive an orange rating if they’ve been tested on animals, have artificial colors, or contain ingredients with “significant environmental or safety concerns.”
The yellow rating requires no ingredients with “moderate environmental or safety concerns.” The highest rating, green, will be given to products with all-natural ingredients .
— Wire Reports