Trader Joe's Faces Lawsuits Over Sugar Labeling
By Celeste Bott
Two proposed class actions filed in Illinois federal court Wednesday accuse Trader Joe's of misleading consumers by labeling its Sweet & Sour Gummy Worms and dark chocolate chips as containing zero sugar and no added sugar, respectively, when both products contain an ingredient classified as a sugar under federal labeling rules.
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POLICY & REGULATION
LITIGATION
DEALS
Deals Rumor Mill
OpenAI Aims For $1.2T Valuation, More Rumors
By Jade Martinez-Pogue
Artificial intelligence giant OpenAI is mulling a private funding round that could value the ChatGPT maker at $1.2 trillion; Blackstone is looking to raise $8 billion for its latest Green Infrastructure Credit Fund; and Japanese chipmaker Kioxia Holdings is looking to raise $10 billion by listing American depositary receipts.
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LEGAL INDUSTRY
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