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Read previewThe news that Stanley's insulated stainless steel cups contain lead sparked a frenzy of concern on social media about the potential health risks for consumers. Stanley acknowledged in a statement that it uses "an industry standard pellet" that contains "some lead" to seal the vacuum insulation of its tumblers. We want to assure you that Hydro Flask does not use lead in our vacuum sealing process," HydroFlask said in a post on Threads earlier this week. Marketing experts told Business Insider this is a smart strategic move for companies seeking to differentiate themselves from Stanley and win over customers. And lead is still bad for manufacturing workers and the environment — it's just not a significant health risk for Stanley customers.
Persons: , Stanley, hasn't, Jack Caravanos, HydroFlask, Anita Rao, Rao, Bruce Clark, They're, isn't, nibble Organizations: Service, Business, New York, Washington Post, Hydro, Georgetown University, Northeastern University, NBC Locations: New York University, Oregon
"Credit spreads have rallied across the board since the beginning of the year despite heavy (new bond) issuance and are at multi-month tights. This puts the credit market at odds with economic forecasts and the rates market," Barclays strategists said in a recent note. They said U.S. investment grade bonds rated BBB implied a 30% chance of recession, and CCC rated bonds implied a 35% chance. In the most bullish scenario, investment-grade bond spreads could tighten another 20 to 30 basis points, but they could widen much more if the economic downturn is deeper than anticipated, he added. Reporting by Davide Barbuscia and Matt Tracy; Editing by Shankar Ramakrishnan and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.
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