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Florida consumer advocate slams FPL’s ‘unconscionable’ rate hike deal

Florida consumer advocate slams FPL’s ‘unconscionable’ rate hike deal

The public counsel who was appointed by the Florida Legislature to represent utility customers eviscerated a deal proposed by Florida Power & Light and mostly big-business interest groups to settle the utility’s rate case, saying Monday the proposal would result in an “unconscionable” rate of return for shareholders and “unfair, unjust, and unaffordable” rates for residents.

The proposed settlement “is in the special interest of a few,” Walt Trierweiler wrote in new filings, in which he repeatedly referred to the settlement as the “Special Interest Parties’ Proposal.”

It’s also not legally valid, he argued, because it doesn’t represent a compromise between parties that were genuinely at odds and is therefore “against public policy, and against the public interest.”

Trierweiler’s statements came in paperwork that essentially represents the closing arguments in Florida Power & Light’s historically large rate case, which began early this year.

Regulators on the Florida Public Service Commission, who are all appointed by Gov. Ron DeSantis, will soon decide how the case will end — a verdict that will affect the monthly bills of roughly 12 million Floridians for the next four years. The utility commission is scheduled to meet Nov. 20 to vote on whether to approve the deal. read more

ByHeart recalls all baby formula sold nationwide as infant botulism outbreak grows

ByHeart recalls all baby formula sold nationwide as infant botulism outbreak grows

By JONEL ALECCIA, Associated Press Health Writer

ByHeart, a manufacturer of organic baby formula, recalled all of its products sold nationwide Tuesday, days after some batches were recalled in an expanding outbreak of infant botulism.

At least 15 babies in 12 states have been sickened in the outbreak since August, with more cases pending, according to state and federal health officials. All of the infants were hospitalized after consuming ByHeart formula, officials said. No deaths have been reported.

ByHeart officials expanded the voluntary recall from two lots announced Saturday to all products in consumers’ homes and in stores. That includes ByHeart Whole Nutrition Infant Formula and Anywhere Pack pouches of powdered formula. The company sells about 200,000 cans of infant formula a month online and in stores such as Target, Walmart, Albertsons and Whole Foods, according to Dr. Devon Kuehn, chief medical officer.

Parents and caregivers who have the formula in their homes “should immediately discontinue use and dispose of the product,” Kuehn said. read more

Amid new FAA restraints, SpaceX launch sets record

Amid new FAA restraints, SpaceX launch sets record

The government shutdown’s strain on air traffic control has not only led to limitations on airlines, but spaceflight too.

The Federal Aviation Administration implemented space launch restraints so commercial launches have to fall between 10 p.m. and 6 a.m. as of Monday.

That has led to a pivot from SpaceX for several of its planned launches on the Space Coast including a record-setting one knocked out Monday night.

A Falcon 9 on the Starlink 6-87 mission carrying 29 satellites lifted off from Cape Canaveral Space Force Station’s Space Launch Complex 40 at 10:21 p.m.

That fell within the new FAA limits, although the original launch window had been planned for earlier in the day.

This was the third flight of the first stage booster, which made another recovery landing downrange on the droneship Just Read the Instructions stationed in the Atlantic.

The launch was significant as the 94th orbital mission on the Space Coast from all launch providers, one more than the record 93 flown in 2024. SpaceX’s early Sunday launch, also for Starlink, matched last year’s total. read more

Presents to arrive in time for the holidays, but may be more expensive

Presents to arrive in time for the holidays, but may be more expensive

By Queenie Wong, Los Angeles Times

LOS ANGELES — Consumers don’t have to worry about products arriving in time for the holidays, though they may be facing higher prices, say officials at one of America’s largest ports.

Imports at the Port of Long Beach are flowing smoothly through its facilities despite the government shutdown and tariff uncertainties, port executives said. Still, they acknowledge that the volume and prices of products in the millions of containers coming through the port suggest that imports are becoming more costly and consumers are more cautious.

Until now, retailers, manufacturers and other intermediaries have absorbed much of the cost of tariffs, but that is changing as it becomes more apparent which tariffs are here to stay, Mario Cordero, chief executive of the Port of Long Beach, said Friday during a virtual news conference.

“Consumers will likely see price escalation in the coming months as shippers continue to pass along the cost of tariffs on goods, and a higher percentage of these costs will be passed on to the consumer,” he said. read more

Wendy’s to close hundreds of US stores in bid to halt falling profit

Wendy’s to close hundreds of US stores in bid to halt falling profit

By DEE-ANN DURBIN, Associated Press

Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit and make its remaining stores more appealing.

The Dublin, Ohio-based chain said during a conference call with investors Friday that it planned to begin closing restaurants in the fourth quarter of this year. The company said it expected a “mid-single-digit percentage” of its U.S. stores to be affected, but it didn’t give any more details.

Wendy’s ended the third quarter with 6,011 U.S. restaurants. If 5% of those locations were impacted, it would mean 300 store closures.

The new round of closures comes on top of the closure of 240 U.S. Wendy’s locations in 2024. At the time, Wendy’s said that many of the 55-year-old chain’s restaurants are simply out of date.

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