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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: borborigmi   😊 😞
Number: of 22353 
Subject: Re: Buffett's stock selection screen
Date: 11/19/23 1:55 PM
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i don't expect this to be a major concern since it wasn't just Hershey, but as litigious as we've become as a society.....

reuters.com - Consumer reports finds more lead cadmium chocolate urges change hershey

"NEW YORK, Oct 25 (Reuters) - Consumer Reports said on Wednesday it had found "concerning" levels of lead and cadmium in a third of various chocolate products it tested recently, and called on Hershey (HSY.N) to reduce the amounts of heavy metals in its chocolate.

The non-profit consumer group said 16 of the 48 products from various makers that its scientists tested contained potentially harmful levels of lead, cadmium or both.

Products found to contain excessive metal content included a dark chocolate bar and hot chocolate mix from Walmart (WMT.N), cocoa powder from Hershey's and Droste, semi-sweet chocolate chips from Target (TGT.N), and hot chocolate mixes from Trader Joe's, Nestle (NESN.S) and Starbucks (SBUX.O).

The U.S. Food and Drug Administration told the nonprofit that experts consider chocolate a "minor source of exposure" to lead and cadmium internationally, but that manufacturers and processors remain responsible for ensuring their food's safety.

Consumer Reports said more than 75,000 consumers signed an earlier petition for Hershey to reduce heavy metals in its chocolate, and that it is now again petitioning the company."

best,

mike
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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