Latest news with #NewellBrands
CNET
16-05-2025
- Health
- CNET
Ziploc, Rubbermaid Sued for Microplastics Exposure. Are Plastic Food Containers Safe to Use?
Newell Brands, the maker of Rubbermaid, is facing a class action lawsuit for its claims that the plastic-based containers are "microwave safe" and "freezer safe." The complaint alleges that despite the products' marketing, they can release microplastics into food when used as directed. Ziploc was hit with a similar class action lawsuit earlier this week. Ziploc storage bags are made from polyethylene and polypropylene. These types of plastics are known to release microplastics into foods when exposed to extreme temperatures, something that is not mentioned on Ziploc's packaging. "Repeated exposure to extreme temperatures -- cold or hot -- stresses plastic materials and can lead to the breakdown of their surface layers, releasing tiny plastic particles into food," said Brad Younggren of Circulate Health. When you microwave food in plastic, the heat accelerates how much microplastics leach into the food. "Similarly, freezing and thawing cycles can cause structural degradation that also encourages microplastic release, not unlike how freezing temperatures crack pavement in winter," Younggren said. The misrepresentation of plastic products and the lack of disclosure have exposed millions of families to ingesting microplastics. The average person intakes between 39,000 and 52,000 microplastic particles each year, and that number increases to 120,000 when airborne particles are accounted for. There's no established "safe" or "unsafe" level of microplastic consumption, which is why it's important to know where microplastics come from and how to reduce ingestion. What's the deal with microplastics? Microplastics have long been a topic of conversation, mainly because they're important environmental pollutants. But these tiny plastic fragments don't just negatively impact the earth; they have potentially health impacts, too. Some days, it feels like we're regularly discovering a surprisingly high amount of microplastics lurking in our bodies. Scientists recently found high concentrations of microplastics in the brains of cadavers. While the US Food & Drug administration says scientific evidence doesn't suggest that the amount of microplastics in foods is a risk to our health, not all doctors are convinced. Microplastics located in the blood vessels have been linked to a higher risk of heart attack and stroke. Research has also found tissue inflammation, cell death and lung and liver impacts because of microplastics. That said, there's still plenty we don't know about the effects of microplastics. What we do know is that microplastics are everywhere. They're in the burned-down plastic spoon you should have thrown away years ago or the plastic-wrapped foods at the grocery store. However, it's not just how we package our foods. Microplastics can enter our food through soil and water contamination where they're grown. Since microplastics touch so many areas of our lives (did I mention they're also in the synthetic fibers of our clothing?), it can feel challenging to outrun them completely. While there's no established safe or unsafe level of microplastic consumption, most of us want to minimize our contact with them as much as possible. How can I limit my microplastic intake? This news doesn't automatically mean that plastic storage containers aren't safe to use. They remain one of the most affordable and convenient options for many families. However, it's not a bad idea to avoid freezing and microwaving them in the future. If you want to limit your family's consumption of microplastics even further, it's best to minimize your use of plastic in the kitchen. Remember, microplastics aren't just in plastic bags or containers. Top places microplastics lurk in your kitchen: Nonstick cookware Plastic cooking utensils Tea bags Plastic straws Canned food lining Plastic cutting boards So you should probably stop using Ziploc bags to freeze and microwave your food. But where does that leave you? Younggren suggested opting for non-plastic alternatives when you can. "We recommend microwave-safe glass containers as safer options," Younggren said. Glass containers are more stable under temperature stress, so the risk of microplastic contamination is lower. There are things you can do beyond changing how you store your food. You can opt for wood cutting boards instead of plastic, or use loose tea leaves or cook in cast iron. You'd probably be surprised by how much plastic is in your kitchen. A good rule of thumb when cooking is to note how often your food comes into contact with plastic. It's difficult to cut it entirely out of your life, though any strides you can make will reduce your microplastic intake.
CNET
16-05-2025
- Health
- CNET
Ziploc and Rubbermaid Sued for Microplastics. Are Plastic Food Containers Safe to Use?
Newell Brands, the maker of Rubbermaid, is facing a class action lawsuit for its claims that the plastic-based containers are "microwave safe" and "freezer safe." The complaint alleges that despite the products' marketing, they can release microplastics into food when used as directed. Ziploc was hit with a similar class action lawsuit earlier this week. Ziploc storage bags are made from polyethylene and polypropylene. These types of plastics are known to release microplastics into foods when exposed to extreme temperatures, something that is not mentioned on Ziploc's packaging. "Repeated exposure to extreme temperatures -- cold or hot -- stresses plastic materials and can lead to the breakdown of their surface layers, releasing tiny plastic particles into food," said Brad Younggren of Circulate Health. When you microwave food in plastic, the heat accelerates how much microplastics leach into the food. "Similarly, freezing and thawing cycles can cause structural degradation that also encourages microplastic release, not unlike how freezing temperatures crack pavement in winter," Younggren said. The misrepresentation of plastic products and the lack of disclosure have exposed millions of families to ingesting microplastics. The average person intakes between 39,000 and 52,000 microplastic particles each year, and that number increases to 120,000 when airborne particles are accounted for. There's no established "safe" or "unsafe" level of microplastic consumption, which is why it's important to know where microplastics come from and how to reduce ingestion. What's the deal with microplastics? Microplastics have long been a topic of conversation, mainly because they're important environmental pollutants. But these tiny plastic fragments don't just negatively impact the earth; they have potentially health impacts too. Some days, it feels like we're regularly discovering a surprisingly high amount of microplastics lurking in our bodies. Scientists recently found a spoon's worth of microplastics in the cadaver brains. While the US Food & Drug administration says scientific evidence doesn't suggest that the amount of microplastics in foods is a risk to our health, not all doctors are convinced. Microplastics located in the blood vessels have been linked to a higher risk of heart attack and stroke. Research has also found tissue inflammation, cell death and lung and liver impacts because of microplastics. That said, there's still plenty we don't know about the effects of microplastics. What we do know is that microplastics are everywhere. They're in the burned-down plastic spoon you should have thrown away years ago or the plastic-wrapped foods at the grocery store. However, it's not just how we package our foods. Microplastics can enter our food through soil and water contamination where they're grown. Since microplastics touch so many areas of our lives (did I mention they're also in the synthetic fibers of our clothing?), it can feel challenging to outrun them completely. While there's no established safe or unsafe level of microplastic consumption, most of us want to minimize our contact with them as much as possible. How can I limit my microplastic intake? This news doesn't automatically mean that plastic storage containers aren't safe to use. They remain one of the most affordable and convenient options for many families. However, it's not a bad idea to avoid freezing and microwaving them in the future. If you want to limit your family's consumption of microplastics even further, it's best to minimize your use of plastic in the kitchen. Remember, microplastics aren't just in plastic bags or containers. Top places microplastics lurk in your kitchen: Nonstick cookware Plastic cooking utensils Tea bags Plastic straws Canned food lining Plastic cutting boards So you should probably stop using Ziploc bags to freeze and microwave your food. But where does that leave you? Younggren suggested opting for non-plastic alternatives when you can. "We recommend microwave-safe glass containers as safer options," Younggren said. Glass containers are more stable under temperature stress, so the risk of microplastic contamination is lower. There are things you can do beyond changing how you store your food. You can opt for wood cutting boards instead of plastic, or use loose tea leaves or cook in cast iron. You'd probably be surprised by how much plastic is in your kitchen. A good rule of thumb when cooking is to note how often your food comes into contact with plastic. It's difficult to cut it entirely out of your life, though any strides you can make will reduce your microplastic intake.
Yahoo
13-05-2025
- Business
- Yahoo
Why Newell Brands Inc. (NWL) Soared Today
We recently published a list of . In this article, we are going to take a look at where Newell Brands Inc. (NASDAQ:NWL) stands against other stocks that soared by double digits today. The stock market kicked off the trading week brimming with optimism after the US and China announced a tariff truce on each other's goods. The tech-heavy Nasdaq booked the largest gains among the three major indices, rallying 4.85 percent. The S&P 500 followed with a 3.26-percent increase, and the Dow Jones, with 2.81 percent. Over the weekend, the US and China reached a 90-day deal to lower tariffs on each other's imports. US taxes on Chinese imports will drop to 30 percent from 145 percent previously, while China's tariffs on US imports will drop to 10 percent from 125 percent earlier. Beyond the major indices, 10 companies finished the week stronger, booking double-digit gains during the day. In this article, we name Monday's 10 top performers and detail the reasons behind their strong performance. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. A technician inspecting a commercial kitchen appliance in a factory line. Newell Brands Inc. saw its share prices jump as high as 17.43 percent at intra-day trading on Monday before ending the day up by 15.13 percent at $6.01 apiece following news that it plans to raise as much as $1 billion in fresh funds through a private offer. According to the company, part of the proceeds will be used to redeem $1 billion worth of outstanding senior notes due in 2026, while the balance will be allocated for payments of related fees and expenses in connection with the offering and redemption. In other recent news, Newell Brands Inc. (NASDAQ:NWL) declared a quarterly cash dividend of 7 cents per share for all common stockholders as of record date May 30, 2025. The dividends are payable on June 13, 2025. Newell Brands (NASDAQ: NWL) is one of the leading global consumer goods companies that owns brands, namely Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex, and Campingaz. Overall, NWL ranks 8th on our list of stocks that soared by double digits today. While we acknowledge the potential of NWL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NWL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Reuters
12-05-2025
- Business
- Reuters
Graco stroller maker Newell seeks tariff details before resuming China shipments
NEW YORK, May 12 (Reuters) - Newell Brands (NWL.O), opens new tab is looking for more clarity on how newly lowered U.S. tariffs will be applied before potentially resuming shipments of its Graco baby strollers and child car seats from China, a spokesperson said on Monday. Atlanta-based manufacturer Newell, whose products range from coffee makers to pens, paused purchase orders on its China-made goods, which are primarily Graco baby products, in the short term to avoid 145% levies on shipments, CEO Chris Peterson told Reuters last month. The company brought in sufficient inventory to ship to its customers such as Walmart (WMT.N), opens new tab and Target (TGT.N), opens new tab through mid-summer, Peterson said. The Trump administration said last week it was looking at exempting strollers, cribs, car seats and other essential items for babies from tariffs. The Newell spokesperson said the company is actively lobbying for relief from the tariffs through trade groups and on its own. Newell specifically wants clarity on how tariffs will be applied to shipments en route to the United States from China if negotiations fail, the spokesperson said. Newell has already hiked prices on the baby goods by approximately 20% because of the tariffs, straining the budgets of new and expectant parents.
Business Wire
08-05-2025
- Business
- Business Wire
Newell Brands Announces Upsizing and Pricing of $1.25 Billion 8.50% Senior Notes due 2028
ATLANTA--(BUSINESS WIRE)--Newell Brands (NASDAQ: NWL) today announced the upsizing and pricing of $1.25 billion aggregate principal amount of 8.50% senior unsecured notes due 2028 (the 'Notes') in an offering (the 'Offering') that is exempt from the registration requirements of the Securities Act of 1933, as amended (the 'Securities Act'). The offering of the Notes is expected to close on May 22, 2025, subject to customary closing conditions. Newell Brands intends to use the net proceeds from the sale of the Notes in this Offering, along with cash on hand, to redeem in full its outstanding 4.200% senior notes due 2026 (the '2026 Notes') and pay related fees and expenses in connection with the Offering and the redemption. Neither this press release nor anything contained herein shall constitute a notice of redemption or an offer to redeem or purchase any of the outstanding 2026 Notes. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities. The Notes are being offered only to qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act, and outside the United States to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws. About Newell Brands Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex and Campingaz. Newell Brands is focused on delighting consumers by lighting up everyday moments. Forward-Looking Statements Some of the statements in this press release, particularly those relating to the Offering and the use of proceeds therefrom are forward-looking statements within the meaning of the Federal securities laws. Actual results could differ materially from expectations expressed or implied in the forward-looking statements if one or more of the underlying assumptions or expectations prove to be inaccurate or are unrealized. Important factors that could cause actual results to differ materially from such expectations are and will be detailed in the company's filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the year ended December 31, 2024 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.
