
Coke sweetener switch threatens US jobs, corn refiners say
The Corn Refiners Association, which represents high-fructose corn syrup producers, said the change threatens thousands of jobs and risks devastating primarily Midwest American farms.
'There are about 10,000 people working in corn refining. One-third of the corn refined goes for making high-fructose corn syrup,' said John Bode, president and CEO of the Corn Refiners Association.
'If we eliminate high-fructose corn syrup use, that's going to have a very substantial effect on at least a third of the production, probably significantly more of the corn refining industry,' he continued. 'So that's thousands of jobs.'
Despite Trump's announcement Wednesday, Coca-Cola has yet to confirm the change.
The announcement has reignited a decades-long food fight between the two sweeteners, with share prices for some major corn syrup companies experiencing dramatic drops Thursday.
According to the American Medical Association, there are no known nutritional differences between high-fructose corn syrup and cane sugar, but neither should be consumed in large quantities.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
UN chief urges tech sector to power data centers with renewables
By Valerie Volcovici WASHINGTON (Reuters) -U.N. Secretary General António Guterres on Tuesday called on tech companies to power the build out of data centers with 100% renewable energy by 2030, even as the industry turns to gas and coal-fired power plants to meet surging demand. The secretary general made his case for why he believes energy-hungry data centers should lock in a future of clean energy, saying the transition to renewable energy is inevitable, even as some countries and companies still embrace fossil fuels. "The future is being built in the cloud," Guterres said in a speech at the United Nations' headquarters in New York. "It must be powered by the sun, the wind, and the promise of a better world." His appeal to technology companies comes a day before U.S. President Donald Trump unveils his administration's AI Action Plan, which is expected to contain a number of executive actions aimed at easing restrictions on land use and energy production to unleash artificial intelligence development. Trump has declared a national energy emergency to address the vast amounts of energy needed by data centers to power AI to compete with China and enable him to ease environmental restrictions to build more power plants fueled by gas, coal and nuclear. Top economic rivals, the U.S. and China, are locked in a technological arms race over who can dominate AI. At the same time, Trump has issued executive orders and signed the One Big Beautiful Bill Act that curtails the use of incentives for wind and solar energy, which dominate the queue of new power generation waiting to connect to the electric grid. Guterres also appealed to governments to ready new national climate plans to deliver the goals of the Paris climate agreement by September that will lock-in a transition away from fossil fuels. He said this moment is an opportunity for governments to meet all new electricity demand with renewables and use water sustainably in cooling systems.


Forbes
24 minutes ago
- Forbes
Can States Handle Disasters Without FEMA? The Legal Gaps Business Leaders Should Know
HUNT, TEXAS - JULY 6: Vehicles sit submerged as a search and rescue worker looks through debris for ... More any survivors or remains of people swept up in the flash flooding on July 6, 2025 in Hunt, Texas. Heavy rainfall caused flooding along the Guadalupe River in central Texas with multiple fatalities reported. (Photo by) A year already marked by record-smashing heatwaves, catastrophic storms, and deadly flash floods is forcing business leaders to reckon with an unsettling question: What happens if the federal government pulls back from disaster response? The idea of handling disasters without FEMA is not an abstract worry. In recent weeks, political debates have intensified over proposals to reduce federal spending on disaster relief or even eliminate the Federal Emergency Management Agency (FEMA) after the 2025 hurricane season, as reported by NBC News. Former President Trump and some congressional leaders have floated plans to shift primary responsibility for disaster recovery to state governments—a move that could leave businesses navigating a patchwork of legal systems without the backstop they've come to rely on for decades. This uncertainty comes as disasters batter communities from coast to coast. In the first half of 2025 alone, the U.S. suffered at least 15 billion-dollar weather disasters, including historic flooding, tornado outbreaks, and prolonged heat waves, according to Yale Climate Connections. Just this past weekend, flash floods devastated Kerr County, Texas, forcing rescues and shutting down businesses in a region still recovering from earlier storms. For business owners, investors, and insurers, this brewing shift raises urgent questions: If FEMA disappears, can state laws and budgets fill the gap? Will private enterprises have to shoulder more responsibility for disaster planning and recovery? And which states are prepared—or dangerously unprepared—to protect their residents and economic lifelines in a post-FEMA landscape? A Federal Safety Net Under ThreatALTADENA, CALIFORNIA - JANUARY 30: People walk past a FEMA sign following a press conference at the ... More Altadena Disaster Recovery Center on January 30, 2025 in Altadena, California. House Democratic leaders and local officials held the press conference near the Eaton Fire burn zone to call for federal disaster assistance following the devastating wildfires in Los Angeles County. (Photo by) Since its founding in 1979, FEMA has been the cornerstone of America's disaster response. It funds emergency shelters, debris removal, rebuilding grants, and cash assistance for displaced families. Critically for businesses, FEMA programs like the Building Resilient Infrastructure and Communities (BRIC) grant fund projects that reduce future risks, a crucial buffer as extreme weather grows more frequent. Yet the agency has long faced political crossfire, with critics labeling it bloated or inefficient. Earlier this year, a lawsuit was filed against the Trump administration's previous halt to BRIC funding for certain states, highlighting how political swings can upend even well-established federal programs. If proposals to wind down FEMA proceed, business leaders would be left relying on a fragmented patchwork of state disaster laws—many of which, my research suggests, lack the resources or legal frameworks to handle large-scale crises. State Disaster Laws Are A Patchwork of Authority Every U.S. state has laws empowering governors and local officials to declare emergencies and coordinate response efforts. Yet those powers vary widely in scope, funding, and legal protections for vulnerable communities. Despite these structures, most states still rely heavily on FEMA for funding, specialized teams, and logistical support. Without FEMA, states would have to cover enormous costs themselves. For example, after Hurricane Harvey, Texas received over $13 billion in FEMA aid, money that state coffers alone could not match. The Business Risks Of A FEMA Void Businesses have more skin in this game than ever. Beyond humanitarian concerns, legal and financial risks loom if federal safety nets vanish. Federal aid often helps cover costs insurers won't, such as temporary housing, debris removal, and infrastructure repair. Without that aid, insurance companies may face larger payouts or withdraw entirely from high-risk markets. In Florida, for example, multiple insurers have already exited the market due to hurricane risks, leaving businesses scrambling for coverage. A weakened federal role could mean higher premiums, stricter underwriting, or outright denial of coverage in disaster-prone regions, especially for small and midsize enterprises without deep cash reserves. If state laws differ significantly on evacuation orders, business owners may be caught between conflicting mandates. For instance, if local officials order an evacuation, but state law vests that authority only in the governor, businesses face legal ambiguity about when to close operations, protect staff, or move inventory. Disaster response gaps also raise potential civil rights issues. Federal laws like the Stafford Act prohibit discrimination in disaster aid based on race, disability, or language. Many states lack comparable mandates, meaning vulnerable communities—and businesses serving them—could fall through the cracks if federal oversight disappears. Companies with operations across multiple states face a regulatory minefield if FEMA's uniform national standards vanish. Without coordinated federal logistics, restoring supply chains and reopening businesses could take longer, increasing downtime and losses. Which States Are Ready? Which Aren't? Few states are fully prepared to absorb FEMA's responsibilities. According to my analysis of disaster laws across the South and Mid-Atlantic, only a handful—like Virginia and Texas—have begun integrating equity planning, vulnerable population registries, and robust local emergency powers into state statutes. Other states, particularly smaller ones with limited budgets, may lack: That leaves gaps businesses can't ignore. A company operating in Virginia might navigate disaster recovery relatively smoothly, while the same company in Mississippi or Georgia could face a chaotic patchwork of legal obligations, prolonged closures, and community backlash. What Business Leaders Should Do Now While FEMA's fate remains uncertain, businesses should: FEMA's potential dismantling would represent the biggest shift in American disaster management in generations. Businesses that fail to prepare for handling disasters without FEMA amidst a state-led disaster regime risk higher costs, legal headaches, and reputational damage. Disasters don't respect state lines, but the laws governing them increasingly do. For business leaders, understanding those legal boundaries might be the key to survival in a future where the federal safety net is no longer guaranteed.


Business Wire
25 minutes ago
- Business Wire
Hertha Metals Unveils Breakthrough Process to Accelerate American-Made Steel and High-Purity Iron Production
HOUSTON--(BUSINESS WIRE)-- Hertha Metals today announced it has validated a significant technology breakthrough in modern steelmaking: a single-step process that is cheaper, more energy efficient, and just as scalable as conventional methods. The company has been operating a continuous 1 tonne-per-day pilot plant since late 2024. Their single-step, tunable process doesn't just materially lower cost and energy use — it fundamentally expands our capacity to produce iron and steel at scale, by unlocking a wider range of iron ore feedstocks. Share Hertha also announced more than $17 million in funding from Khosla Ventures, Breakthrough Energy Fellows, Pear VC, and Clean Energy Ventures, among others. The money raised was used to build and demonstrate the pilot plant, which is also a significant accomplishment for the technology's capital efficiency. Onshoring steel and rare earth magnets manufacturing For over 300 years, steelmaking has been the backbone of industrial society. From cars and housing to AI data centers, steel is one of the most widely used and indispensable materials in the world. The steelmaking process also yields high-purity iron, which makes up 70% of the material used in rare earth permanent magnets — an essential input for everything from advanced defense systems and electric vehicles to robotics, smartphones, and medical devices. Together, steel and high-purity iron are critical to U.S. industrial growth and national security. Yet for decades, the U.S. has outsourced the production of these critical inputs to foreign suppliers. Today, the U.S. imports 25% of its finished steel and more than 90% of the high-purity iron used in rare earth magnets — the latter almost entirely from China. While more than 60% of U.S. steel today is made from recycled scrap, scrap is now a limited resource — and many advanced steel grades can't be made from scrap due to impurities. This requires the production of new 'virgin' steel from iron ore to meet rising demand. But American-made virgin steel still relies on a centuries-old, coal-based, multi-step process that is both expensive and energy-intensive, contributing up to 9% of global industrial energy use and 10% of global emissions. Cheaper and more efficient steelmaking, at scale Hertha has developed a unique technology that converts low-grade iron ore of any format directly into molten steel or high-purity iron in a single step. Compared to traditional coal-based methods, Hertha's process is not only 30% more energy efficient, but significantly cheaper — and even more cost-competitive than production in China. At a time when legacy approaches can't keep up with rising demand, Hertha is restoring America's ability to produce two of the most critical building blocks of a secure, resilient, and globally competitive economy. 'When we opened up our headquarters in Conroe in 2023, we set out to demonstrate our technology at an appreciable scale for the steel industry. And in just 12 months, we went from laboratory testing to tonnage per day of continuous production. We are now committed to applying our novel process to quickly filling a gap in domestic production,' said Dr. Laureen Meroueh, founder and CEO of Hertha Metals. 'We're not just reinventing steelmaking; we're redefining what's possible in materials, manufacturing, and national resilience.' 'Since our seed investment two years ago, we have been impressed with Hertha's pace and execution, including their successful demonstration of a 1-tonne-per-day plant using natural gas or hydrogen,' said Rajesh Swaminathan of Khosla Ventures. 'Their single-step, tunable process doesn't just materially lower cost and energy use — it fundamentally expands our capacity to produce iron and steel at scale, by unlocking a wider range of iron ore feedstocks. This means the U.S. is able to both secure and accelerate its production of critical iron and steel and bring back domestic manufacturing.' Key benefits of Hertha Metals' single-step process Unlocks cheaper, more abundant raw material inputs. Hertha's furnace can process iron ore of any grade, including low-purity ores (<60%), iron ore fines, and even millscale (a waste byproduct of conventional steelmaking). This unlocks America's vast, previously unusable domestic ore reserves and waste products from mines, which significantly reduces input costs. Cuts energy use and emissions. Hertha's furnace is 30% more energy efficient than conventional steelmaking methods and requires far less energy than other electrochemical alternatives. Powered by cheap and abundant domestic natural gas, Hertha's furnace also cuts emissions by at least 50%. Designed as a flexible-fuel system, Hertha's furnace can also be powered by clean hydrogen, without any hardware modifications, which would enable up to 98% emissions reductions. Modular, drop-in scalability. The Hertha system integrates directly into existing steel mills, avoiding the need for entirely new facilities. Its modular design enables plants as small as 500,000 tonnes per year to operate profitably — achieving competitive steel prices without the multi-million tonne scale required to make conventional steelmaking profitable. Pilot plant already at 1 tonne per day of continuous production, plans to scale to 9,000 tonnes per year In less than three years, Hertha built, commissioned, and successfully demonstrated a pilot facility outside Houston capable of producing 1 tonne per day continuously from any feedstock, including waste oxides, using either natural gas or hydrogen. The company plans to break ground on a new production facility in January 2026, which will have a capacity of more than 9,000 tonnes per year (30 TPD), initially supplying high-purity iron (99.97+% purity) to the U.S. rare earth magnet market. While most magnet manufacturers focus on rare earth elements like neodymium and dysprosium, NdFeB permanent magnets are 70% high-purity iron by mass — and currently, more than 90% of that high-purity iron is imported primarily from China. Without a domestic source of high-purity iron, the U.S. remains vulnerable to geopolitical and foreign supply chain risks. Hertha is in active discussions with magnet producers to serve as a reliable U.S. supplier of high-purity iron. In its next phase, the company plans to operate at 500,000 tonnes per year (1,600 TPD) of high-quality steel production capacity, putting them at the same scale as commercial steelmaking micro mills in the U.S. today. About Hertha Metals Hertha Metals has pioneered the first technology to convert low-grade iron ore of any format directly into crude steel or high-purity iron in a single step. The company was founded by Dr. Laureen Meroueh, the inventor of the company's proprietary pyrometallurgical process that underpins Hertha's breakthrough approach. She holds a Ph.D. in Mechanical Engineering and Materials Science from the Massachusetts Institute of Technology and previously led a hydrogen production startup. Hertha's team includes impressive industry veterans from Nucor, U.S. Steel, Arcelormittal, Steel Dynamics, Airbus, and Blue Origin.