Regulators dispute finding of cancer-causing soda

WASHINGTON (Reuters) – U.S. regulators said soft drinks from PepsiCo Inc and Coca-Cola Co posed no health risk, contrary to a U.S. watchdog group that reported several popular brands contain high levels of a chemical linked to cancer in animals. The Center for Science in the Public Interest (CSPI) said it found unsafe levels of a chemical used to make caramel color in cans of Coca-Cola, Pepsi-Cola, Dr Pepper Snapple Group Inc’s Dr. Pepper, and Whole Foods’ 365 Cola. …

Merck forecasts 1st-quarter EPS below Street view

A view of the Merck & Co. campus in Linden, New Jersey(Reuters) – Merck & Co Inc said on Tuesday it expects first-quarter earnings per share to be between 95 and 98 cents, excluding items, below the average estimate on Wall Street of $1.01. Including items, the drugmaker sees earnings per share between 52 cents and 60 cents. With the euro exchange rate at about $1.31 in the first quarter, currency is expected to have a 1 to 2 percent unfavorable impact on sales in the first quarter. The company reiterated its 2012 full-year forecast, calling for earnings per share between $3.75 and $3. …

Mystery disease devastates northern Uganda

Lamwaka, who is suffering from nodding syndrome, sits out in the open in LapulPADER DISTRICT, Uganda (Reuters) – Most mornings, Michael Odongkara takes his daughter Nancy Lamwaka outside and ties her ankle to a mango tree. It’s not something he likes to do. But the disease that gives the 12-year-old violent seizures has so diminished her mental capacity that she no longer talks and often wanders off. Once, she was lost in the bush for three days. “It hurts me so much to tie my own daughter to a tree … but because I want to save her life, I am forced to. …

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