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Small Business Funding

Florida Gov. DeSantis makes first ‘Gulf of America’ reference [Video]

On President Donald Trump’s Inauguration Day, Florida Gov. Ron DeSantis made his state the first to reference the “Gulf of America” in an executive order when he issued a state of emergency due to cold weather. Executive Order EO 25-13 reads, “Whereas an area of low pressure moving across the Gulf of America, interacting with Arctic air, will bring widespread impactful weather to North Florida beginning Tuesday.”During his inauguration speech, Trump said, “America will reclaim its rightful place as the greatest, most powerful, most respected nation on earth, inspiring the awe and admiration of the entire world.”Among the first executive orders signed by Trump was an order to rename the Gulf of Mexico as the “Gulf of America.” Trump signed a series of executive orders on his first day in office, stating the “Gulf of America” is of “critical importance to our nation’s economy and its people.”Elon Musk, CEO of Tesla and SpaceX, took to X to share his thoughts.”‘Gulf of America’ has a beautiful ring to it,” Musk wrote. Florida U.S. Senator Rick Scott also took to X, sharing an image of a map with the “Gulf of America”.”The GULF OF AMERICA has never looked better off of Floridas shores,” Scott wrote.Additionally, the executive order reinstated the name “Mount McKinley” to the tallest mountain in North America, reversing a 2015 Obama administration decision to federally recognize the mountain as Denali, the name used by the Koyukon Alaska Native people.Now, federal agencies have 30 days to begin updating documents and maps to reflect the new name as directed by Trump’s executive order.Legislative action may be taken next to formalize the change in U.S. law.After Trump first proposed changing the name of the Gulf of Mexico on Jan. 8, Mexicos president, Claudia Sheinbaum, responded sarcastically by proposing that North America should be renamed Amrica Mexicana, or Mexican America, because a founding document dating from 1814 that preceded Mexicos constitution referred to it that way.Can President Trump change the name of the Gulf of Mexico?Maybe, but it is not a unilateral decision, and other countries do not have to recognize the change.The International Hydrographic Organization works to ensure all the world’s seas, oceans and navigable waters are surveyed and charted uniformly, and also names some of them.The United States and Mexico are both active members of the organization.It can be easier when a landmark or body of water is within a countrys boundaries. In 2015, then-President Barack Obama approved an order from the Department of Interior to rename Mount McKinley to Denali.On Tuesday, Georgia Rep. Marjorie Taylor Greene said during an interview with podcaster Benny Johnson that she would direct her staff to draft legislation to change the name of the Gulf of Mexico.This is a move she said would take care of funding for new maps and administrative policy materials throughout the federal government.How did the Gulf of Mexico get its name?The body of water has been depicted with that name for more than four centuries, an original determination believed to have been taken from a Native American city of Mexico.

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Small Business Funding

‘strong demand’ for oil, gas infra despite net zero push [Video]

Yinson Production’s CFO, Markus Wenker speaks about his company’s strong fundraising performance of $1 billion to drive long term projects, such as replacing and developing oil and gas infrastructure. He does not see issues with fundraising despite a tighter financing environment, and has ambitions for an IPO in three to five years time.

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Small Business Funding

Entrepreneur Academy – Rebuilding the Man [Video]

BOND launched our Entrepreneur Academy for young men in March 2017. This unique program is designed to help aspiring entrepreneurs start and run successful businesses. The academy is for men (and boys 15+) who have a solid business idea or plan and are in need of assistance to help bring it into reality. The program covers all the essentials needed to launch a start up, including business coaching, workshops, presentations by successful business owners, networking opportunities, and financing. The instructors and presenters are all equipped with real life business experience.

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Small Business Funding

Red dye No. 3 is now banned in the US. Heres what studies show about more common dyes [Video]

Now that the U.S. Food and Drug Administration has banned red dye No. 3, many people are criticizing or questioning the safety and the FDAs allowance of red dye No. 40 and five other color additives commonly used in the United States.Related video above: Doctor discusses why FDA banned Red Dye No. 3Made from petroleum and chemically known as erythrosine, red dye No. 3 is a synthetic color additive used to give foods and beverages a cherry-red color. The dye has been permissible for use in food, beverages and ingested drugs even though the Delaney Clause of the Federal Food, Drug and Cosmetic Act prohibits the FDA from approving a color additive that is ingested if it causes cancer in animals or humans when ingested.The dye was found to cause cancer in rats more than 30 years ago. The FDAs decision this week to revoke the authorization for the use of the dye was acting on a 2022 petition by advocacy organizations and individuals citing this research.Red dye No. 40, also derived from petroleum, has been considered a healthier alternative since it hasnt been extensively associated with cancer in animals. But experts say cancer isnt the only potential health threat to consider when it comes to artificial colorants and that there are other reasons why the FDA should take another look at its regulation of red dye No. 40 as well as yellow dyes Nos. 5 and 6, blue dyes Nos. 1 and 2, and green dye No. 3. All these additives are derivatives of petroleum. The FDA is actively working to develop transparent processes for prioritizing chemicals in food for a safety review as part of the agencys efforts to build a robust and systematic post-market review program, an FDA spokesperson said in a statement via email. Food dyes, such as Red 40 and Yellow 5, are among the chemicals that are being strongly considered for prioritization and assessment. The number of chemicals that can be assessed and the speed at which we can complete those assessments is limited by the availability of resources.In September, the FDA held a public meeting to share the agencys approach and receive stakeholder input, the spokesperson added. The docket for public comments related to that meeting closes on Jan. 21. Following a thorough review of stakeholder comments, the FDA will finalize its approach.Heres what the research shows and how you can avoid consuming these dyes.Health risks of dyesGovernments, researchers and nonprofit groups have raised concerns about other dyes for years.In 2021, the California Office of Environmental Health Hazard Assessment completed the most rigorous and comprehensive assessment to date of the evidence linking synthetic food dyes to neurobehavioral problems in some kids, said Dr. Thomas Galligan, principal scientist of food additives and supplements at the Center for Science in the Public Interest. That assessment included all the artificial food dyes not just red dye No. 3.In September, California banned red No. 40 from foods and drinks sold in public schools, citing these concerns. Another study found a potential link between red dye No. 40 and accelerated immune system tumor growth in mice, and other sources say the dye contains benzene, a known carcinogen.Blue dye No. 1 has been linked with developmental delays, behavioral difficulties, and inhibited nerve cell development in animals, while blue dye No. 2 has led to an increased incidence of tumors in rats, according to a 2021 study. Blue dye No. 1 and yellow dye No. 6 may also be toxic to some human cells, according to a 2015 study.Of the seven artificial dyes, green dye No. 3 is the least used, according to the Environmental Working Group. But consumption of this chemical has been linked with a significant increase in bladder tumors in animals.As little as 1 milligram of yellow dye No. 5 may negatively affect the mood or behavior of sensitive children by potentially causing irritability, restlessness and sleep disturbances. And both yellow dyes No. 5 and No. 6 have been found to be contaminated with the cancer-causing chemical benzidine or other carcinogens.In animals, many of these dyes have also been associated with altered memory and capacity for learning, said Dr. Michael Hansen, senior scientist at Consumer Reports, a nonprofit helping consumers evaluate goods and services.The potential mechanisms underlying the relationships between artificial dyes and neurobehavioral health outcomes are unknown, experts said.Quantifying the risk of dyesSome animal studies have shown that dyes are metabolized quickly and excreted in the urine within hours or days after consumption. But its still likely that food dyes could have a cumulative effect on the body, evidenced by studies on the short-term exposure of pregnant rats to dyes and the long-term effects on their offspring, Hansen said.Thats part of why in conversations about the health harms of dyes, much of the focus is on children who, in addition to being in critical periods for development, also have smaller bodies. Children may be more attracted to brightly colored foods, too.The FDA has not thoroughly reviewed these dyes since the 1960s, 1970s, and 1980s, long before toxicological studies could detect their effects on behavior and our kids brains, said Scott Faber, senior vice president of government affairs at the Environmental Working Group, via email.Meetings held in 2011, of the FDAs Food Advisory (Committee), and in 2019 of the FDAs Science Board, were meetings of professionals, not thorough reviews that agencies conduct when deciding whether chemicals are safe, added Faber, also an adjunct professor of law at Georgetown University Law Center. If there is a doubt about the safety of a food chemical, the FDA is legally required to ban or restrict its use.Exposure levels determined to be safe decades ago should be reconsidered given new evidence, experts said. If the current acceptable daily intake levels were to be reduced, its likely peoples current diets would exceed those doses, according to the 2021 California assessment.Because (the dyes) are listed by name, but not necessarily by amount, its pretty much impossible for a consumer to know exactly how much theyre being exposed to, the Center for Science in the Public Interests Galligan said. What CSPI recommends is that consumers entirely avoid products that contain any of these.Its also true that of all the contributors to chronic disease, food dyes alone arent the most significant compared with factors such as obesity, said Dr. Jerold Mande, adjunct professor of nutrition at the Harvard T.H. Chan School of Public Health.Which dyes carry more risks than others is also unclear due to the lack of research and funding, which is hampered by industry lobbying, added Mande, CEO of Nourish Science, a nongovernmental organization focused on U.S. nutrition crises. But some of these colorants have long been banned in the European Union, Canada and other countries without the pressure of a Delaney Clause.The American people are different about this. We wear sort of a badge of honor that we reject the precautionary principle, Mande said which prioritizes doing something to reduce potential harms of an issue even if the exact level of risk isnt totally clear.Steering clear of artificial dyesThe only thing consumers can do right now is look at the ingredient lists of the foods that they think about buying in their grocery store. I will say, though, thats a pretty big burden, Galligan said. Grocery shopping is already time-consuming enough. This is why we have the FDA, so that consumers are able to shop confidently and without having to think about these things.So the fact that the FDA is placing this burden on consumers is entirely unacceptable, Galligan added. That issue is only made worse when were talking about dining in restaurants, where ingredient lists are not exactly widely available.Artificial food colorings are mostly found in ultra-processed foods and beverages, so avoiding those products is one shortcut to eliminating dyes from your diet, Dr. Jennifer Pomeranz, associate professor of public health policy and management at New York University, told CNN earlier this week.However, dyes arent only found in foods that look conspicuously colorful, which is why reading labels is important, Galligan said.Chain restaurants may be more likely to have ingredient lists for their foods or beverages online, Galligan said, whereas an independent restaurant may not be able to provide a detailed list.On ingredient lists, these artificial dyes are sometimes referred to using the following terms:Red dye No. 3: red 3, FD&C Red No. 3 or erythrosineRed dye No. 40: red 40, FD&C Red No. 40 or Allura Red ACBlue dye No. 1: blue 1, FD&C Blue No. 1 or Brilliant Blue FCFBlue dye No. 2: FD&C Blue No. 2 or indigotineGreen dye No. 3: FD&C Green No. 3 or Fast Green FCFYellow dye No. 5: yellow 5, FD&C Yellow No. 5 or tartrazineYellow dye No. 6: yellow 6, FD&C Yellow No. 6 or sunset yellowDyes listed with the word lake in any ingredient list indicate the dye is a fat-soluble version, meaning it can dissolve in oily foods or drinks. In the United States, red dye No. 3 is already banned from use in topical medications, and its not disappearing from food or ingested medicines right away. Manufacturers using red No. 3 in food and ingested drugs have until Jan. 15, 2027, and Jan. 18, 2028, respectively, to reformulate their products, the FDA said.Several other dyes are still permitted for use in both topical and ingested drugs, so you can find whether your medications contain dyes by reading the ingredient lists on the drug labeling or package insert, experts said.Alternatives to medications with dyes include purchasing drugs without them or going to a compounding pharmacy that could possibly manufacture them without additives. But pursuing these options can be challenging, Galligan said, especially if you or your child are sick.Always consult your medical provider before switching medications or adding one to your routine.

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Small Business Funding

South Carolina deer hunters focus on those who are food insecure [Video]

Deer hunters in South Carolina enjoy their sport, and their passion includes sharing their hunt with the hungry through the non-profit, “S.C. Hunters for the Hungry”. Since 2004, they have donated more than 1 million, 500 thousand pounds of venison to food pantries, soup kitchens and families facing hunger. Bob Williams is the president of the group.”We’re not a fancy organization. We just have one goal that is feeding people who are in need,” Williams said. Williams said South Carolina has a long deer season, from mid-August to the beginning of January, so hunters have plenty of time to harvest enough meat for their own freezers and likely have tags left over to harvest more meat to donate. He said Spartanburg Sen. Shane Martin recently got some state funding for the group last year, so now the Pacolet-based is looking to grow statewide. They’ve initiated a venison stick backpack program in schools in partnership with the SCDNR, providing high protein, lean meat sticks to children who are facing hunger. That idea came from Arkansas and Tennessee’s Hunters for the Hungry. “So far, we’ve donated over 110,000 venison meat sticks to backpack programs statewide,” Williams said.He is inviting more hunters to participate to grow the program for next season. Williams said the backpack program also teaches kids the value of hunting and ensures that future generations will make that connection to the land’s resources.To participate, he said hunters can donate the deer to an approved processor. They process the meat into venison sticks for the school backpack program, or into ground meat packed in one to five-pound units.The processor then donates the meat to a local food bank or soup kitchen, or SC Hunters for the Hungry takes it to their main facility in Pacolet for distribution. Hunters can pay the processor fees, or the processor donates their work, or the non-profit reimburses the processor using donated funds. All participating processors are first inspected by the nonprofit to ensure they are “top quality.” The town of Pacolet donated the National Guard Armory to SC Hunters for the Hungry to use as a warehouse and distribution center for all varieties of food. Williams said that’s separate from the statewide program, and as many as 600 people come to the facility each month for donations of venison, or canned goods and other food, he says everyone is eligible because “no one in South Carolina should ever go hungry.”If you would like to learn more please click the story above. To learn how to donate, volunteer or participate, click here.

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Small Business Funding

Mass. dad frustrated, hasn’t received pay due to Capital One ‘technical issue’ [Video]

Problems with a third-party vendor that Capital One uses are affecting some bank customers ability to access money online and igniting anger on social media.The bank said in a statement to CNN that a “technical issue experienced by a third-party vendor” has “temporarily impacted” some of Capital One’s services, including payment processing, deposits, and its consumer, small business, and commercial banks.Plymouth, Massachusetts, dad Matt Lanen is one of the Capital One customers affected by the issue, and because of this, he says he did not get paid as usual on Friday.”I have three children. Day care is more than my mortgage,” Lanen said. “And I have student loans still and other expenses. Right now, I still have no additional funds from my two previous weeks of work and I still can’t access my account.”Capital One sent WCVB the following statement Friday evening regarding the ongoing issue: “We are working closely with the vendor to resolve the issue. System restoration is underway but not yet fully operational.”The statement is also the same message playing on a loop on the bank’s customer service line. Capital One says it is working with its vendor, FIS Global, to resolve the issue, which it describes as technical in nature. The bank had hoped to have customers back online by Friday morning, but at 5 p.m., customers were still getting display screens saying restoration was still underway.The message was little comfort to customers like Lanen who said he received very little if any notice and was counting on their paychecks Friday. “If it was a bank you could walk into, you’d probably have more options, ‘Hey, we’ll write you a check’ but everything’s virtual,” Lanen said. He said he spent hours on hold trying to talk to a representative but had no luck. He still does not have his direct deposit pay, and Monday, Martin Luther King Jr. Day, is a bank holiday. The company says once its systems are restored it will process all deposits and other transactions that have been delayed.Financial expert Michael Armstrong says this two-day system failure at the nation’s ninth largest bank raises a lot of questions. “Where’s the redundancy? How are you relying on one company’s data center to not fail?” Armstrong said. By late Friday evening, Lanen’s paycheck landed in his bank account. However, the delay meant he had already virtually bounced several payments.Armstrong says it is time for customers to speak up. “Certainly, if something ends up in your credit report, each of the three major credit agencies allows you to dispute something. And this seems though this is one of those moments when a dispute would be justified and probably listened to,” Armstrong said.