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Outdoor retailer Recreational Equipment, Inc. (REI) reportedly plans to close three of its U.S. stores next year.
The closures will affect REI locations across the Northeast, including Paramus, New Jersey, during the first three months of 2026, as well as in Boston and its flagship SoHo locaftion in New York City toward the end of that year, USA Today reported.
"We are deeply grateful to our teams, our members and customers, and the stores' communities for their support over the years," REI said in a statement to USA TODAY. "As markets and customer needs evolve, we must adapt to position the co-op for long-term success. We will continue serving members and customers at these locations until closing, and at our other stores across the New York and Boston regions."
OUTDOOR RETAILER REI SLASHES WORKFORCE BY MORE THAN 350 WORKERS, PREPARES FOR 'CHALLENGING' YEAR AHEAD
Despite the upcoming closures, the retailer has continued to expand in other areas. REI has opened six new stores this year, including in Durango, Colorado; Elk Grove, California; and Amherst, New York, according to the REI website.
The announcement comes as another longtime outdoor retailer, the Orvis Company, recently announced plans to close more than two dozen stores by 2026 as part of a broader effort to shrink its retail footprint and streamline operations in response to rising tariffs.
ICONIC 169-YEAR-OLD RETAILER TO SHUTTER 36 LOCATIONS
Orvis President Simon Perkins said in a statement that 31 stores and five outlets will shutter as the company enters a "new chapter" aimed at a "more focused retail store portfolio" and leveraging its retail partners that sell its products.
Last year, REI laid off 357 employees, according to a message shared with employees at the time by former CEO Eric Artz, who retired in March.
ROSS STORES THRIVES WITH MAJOR EXPANSION PLANS WHILE RETAIL GIANTS CLOSE LOCATIONS NATIONWIDE
"Outdoor specialty retail has experienced four quarters of decline-and that trend has been worsening," Artz said in January of last year. "While we were able to outperform this trend for much of the last year, it caught up to us in Q4 and we now expect conditions to remain very challenging throughout 2024."
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REI did not immediately respond to FOX Business' request for comment.
FOX Business' Daniella Genovese contributed to this report.

via: https://www.foxbusiness.com/retail/rei-close-three-northeast-stores-2026-adapts-shifting-markets-customer-needs-repor

The long and the short of the U.S.-China fisticuffs is that no trade barriers are coming down, and no new trade openings are popping up. China has gone rogue by putting export controls for rare earths and other commodities on the entire world. And of course, the U.S. has got to punch back. Scott Bessent is right, China is a command-and-control economy, and our allies will neither be commanded nor controlled.
Rare earth deals were struck in various meetings in London, Geneva, Madrid, but China is breaking the deals. Just like they broke the deal for the Phase One trade agreement that was signed in January 2020. They go rogue. Maybe the Commerce Ministry is going rogue. Maybe Xi is going rogue. Who knows. But China going rogue is gonna hurt them more than it hurts us. It's their economy that's in recession shape, and we are the great consumer power that they desperately need.
Now China is surely losing friends if they had any to begin with. Australia's furious at China. Japan. The EU. And of course, the U.S. Mr. Trump will slap a huge tariff on November 1st, unless China relents. The U.S. must punch back.
I still think it could be that China is throwing a temper tantrum because they've been so badly beaten in the Middle East with President Trump's historic peace deal and the destruction of China-backed Iran. Another defeat may be looming as Mr. Trump focuses on ending the Russia-Ukraine war. China's backing the wrong horse there too.
Meanwhile, the U.S. Senate wants to slap a 500% tariff on China for the purchase of Russian oil. 100% will do fine. Once again, China's backing the wrong horse. By the way, with a 50% tariff, India has stopped buying Russian oil. 

Chinese trade petulance is bigger than rare earths. They and their BRIC allies have been buying enormous quantities of gold over the past ten or more years, while they have reduced their U.S. Treasury dollar bond holdings by nearly 50%. What are they doing? Well, they're working overtime to diminish the world reserve currency status of the U.S. dollar. 
So, here's President Trump's response to that one: "I like the dollar. I'm very strong on the dollar. And anybody who wants to deal in dollars, they have an advantage over people that aren't. But for the most part, we're keeping it that way.  Like BRICS. I told anybody that wants to be in BRICS - that's fine. But we're going to put tariffs on your nation. Everybody dropped out. They're all dropping out of BRICS. BRICS was an attack on the dollar."
Pure and simple. Mr. Trump is right. BRICs and China are attacking the dollar. More rogue behavior. 
So, the wisest course right now would be a meeting at the APEC conference in South Korea between Mr. Xi and Mr. Trump. Perhaps then we can get back to lowering trade barriers and promoting prosperity. But if China insists on playing the petulant spoiled brat as they keep losing ground in world politics and influence, then so be it. Count on Donald Trump not to stand for China's bad behavior. They're going after the wrong guy.

via: https://www.foxbusiness.com/politics/larry-kudlow-china-going-rogue-gonna-hurt-them-whole-lot-more-than-u

New York City mayoral candidate Zohran Mamdani is standing by his proposal to raise taxes on the city's wealthiest residents and corporations to fund free buses and universal childcare.
Under Mamdani's plan, the personal income tax rate on the city's wealthiest 1% would rise by 2 percentage points, while the corporate tax rate would increase to match New Jersey's 11.5% rate, he told Martha MacCallum on Wednesday on Fox News' "The Story."
"I've said time and time again that I believe these are the most straightforward ways that we can actually fund universal childcare, making buses fast and free, and I've said that the two clear ways to do so: raising personal income taxes on the top 1% by 2% and raising the corporate tax to match that of New Jersey's corporate tax of 11.5%," Mamdani said. "Now, if there are other ways to raise this money to fund this agenda, the most important thing is that we fund the agenda."
BLUE STATE GOVERNOR WARNS A MAMDANI NYC MAYORAL VICTORY COULD HURT WALL STREET, NEIGHBORING STATE'S ECONOMY
He said he was "thankful" to have the support of New York Gov. Kathy Hochul, as well as the fact that she highlighted their shared commitment to universal childcare for New Yorkers.
"Well, what Andrew Cuomo said is that if he had $959 million, he'd give it to Elon Musk in tax credits because that's exactly what he did," Mamdani said, in response to a question about how he would pay for his proposed programs if Governor Hochul refuses to raise taxes. "And I bring that up to you to say that it's often a question of whether you have the willingness to spend that money to benefit working-class people, not where that money is in the first place."
HOW MUCH WOULD DEMOCRATIC SOCIALIST MAMDANI'S AGENDA COST NEW YORK CITY TAXPAYERS?
When asked what he would cut to fund his programs, Mamdani said he does not believe any cuts are necessary.
"I don't think we have to cut, I've spoken about raising taxes on the wealthiest," he said, "And frankly, this is an issue that we have here in New York City, and frankly, even across this country. When I've spoken to Trump voters right here in New York City - Hillside Avenue in Queens, Fordham Road in the Bronx - they've told me it was the cost of living that drove them to vote for Donald Trump."
PREDICTION MARKET TRADERS GIVE MAMDANI 84% CHANCE OF WINNING NEW YORK MAYORAL RACE
Mamdani argued that policymakers continue to prioritize billionaires and major corporations over New Yorkers "who can't even afford to make ends meet."
Responding to concerns that free bus service could result in a decline in quality, Mamdani pointed to the city's pilot program.
"I would say that they should actually look at the report of the five free buses we delivered across New York City," he said. "We didn't see an increase in homelessness. We did see an increase in New Yorkers riding the bus. We did see a decrease in assaults on bus drivers by 38.9%, and we also saw a decrease in New Yorkers who were having to take a cab or take their own car.
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He added, "That's why we care so deeply about this, because of the fact that it can actually deliver economic, public safety, and even congestion relief to New Yorkers who are looking to take these buses."

via: https://www.foxbusiness.com/politics/nyc-mayoral-candidate-mamdani-doubles-down-socialist-policies-free-buses-universal-childcar

Whirlpool Corp. announced plans on Wednesday to invest $300 million in its Ohio laundry manufacturing facilities.
The investment from Whirlpool, announced Wednesday, is part of a series of strategic commitments it has made to grow its American manufacturing footprint and will increase production of its next generation of washers and dryers in Clyde and Marion. It will also create between 400 and 600 jobs across its Ohio operations as well as support approximately 5,000 additional jobs outside the company, the company said.
"Whirlpool Corporation's unwavering commitment to American manufacturing is a cornerstone of our identity," Whirlpool Corporation CEO Marc Bitzer said.
JPMORGAN CHASE LAUNCHES $1.5 TRILLION PLAN TO BOLSTER US ECONOMIC AND NATIONAL SECURITY
Additionally, Bitzer believes the tariffs will finally level the playing field for the company and boost its competitive position.
Nearly 80% of Whirlpool products are manufactured domestically, which the company says is significantly higher than the 25% competitor average. For instance, it also noted that 96% of the steel used in its U.S. plants is sourced from domestic suppliers. Whirlpool's U.S. production base shields it from much of the cost impact, while rivals like Samsung and LG will face higher prices.
"What the tariff policy does, it makes a business case, an economic business case, just much more attractive," Bitzer told FOX Business Network's Lydia Hu. The chief executive said that the company may have scaled down, postponed or even "hesitated" to make its $300 million investment.
GE APPLIANCES INVESTS $3B IN US MANUFACTURING OPERATIONS
But now, "any investment is a bet for the future," he said. "So, yes, our bet is that these tariff policies stay, it creates a level playing field and, therefore, these economic investments generate profitable returns." 
Its recent investment comes in addition to the $6 billion the company has invested in U.S. capital expenditures, R&D and new product development. This is only a fraction of the $23 billion Whirlpool said it has spent on its U.S. operations, logistics and workforce. 
Whirlpool Corp. was founded more than 110 years ago and currently maintains the largest U.S. manufacturing operations in the home appliance industry. It touts itself as the only major U.S.-based manufacturer of kitchen and laundry appliances that employs 20,000 employees in the U.S., including over 14,000 at its 10 manufacturing plants. 
ELI LILLY INVESTING $27B MORE IN US MANUFACTURING
"We are proud to reinforce our commitment to the communities and plants where generations have not only built appliances but careers, families and futures," Kristin Day, vice president of U.S. manufacturing at Whirlpool, said. "This investment builds on that legacy, enhancing our manufacturing capabilities and ensuring we can continue producing world-class appliances right here in America."
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via: https://www.foxbusiness.com/lifestyle/whirlpool-ceo-says-trump-tariffs-create-level-playing-field-us-manufacturing-expansio

A new study shows some popular protein powders and shakes lining grocery store shelves contain unsafe amounts of lead, with several products far exceeding what experts say is safe to consume in a single day. 
Researchers recently tested 23 top-selling protein powders and ready-to-drink shakes and discovered more than two-thirds contained more lead per serving than experts consider safe for daily consumption, according to Consumer Reports.
"For many people, there's more to lose than you're gaining," Tunde Akinleye, the Consumer Reports food safety researcher who led the project, said.
TWINKIES-FLAVORED PROTEIN POWDER RELEASED BY BODYBUILDING.COM
Plant-based powders were among the worst offenders, containing nine times more lead on average than dairy-based options like whey.
Two protein powders, Naked Nutrition's "Vegan Mass Gainer" and Huel's "Black Edition," had so much lead that experts warned consumers to avoid using them entirely. 
A single serving reached between 1,200 and 1,600 percent of Consumer Reports' level of concern for lead.
WHOLE FOODS' PRIVATE LABEL NUTRITIONAL SUPPLEMENT RECALLED OVER UNDECLARED ALLERGENS
While the dairy-based powders that were tested typically had lower levels, half still contained enough lead to make daily use unsafe, according to Consumer Reports.
"It's concerning that these results are even worse than the last time we tested," Akinleye said.
However, a spokesperson for Huel, based out of England, told FOX Business in an email that it was "extremely frustrated" by the study, arguing the benchmark for lead levels was based upon an "ultra conservative" threshold. 
PROTEIN BAR MAKERS TURN $10,000 INTO $600M AFTER SELLING COMPANY TO FOOD GIANT
The spokesperson also noted that trace minerals of lead occur naturally in crops and that it has conducted 17 independent tests over the last three years alone on Huel's "Black Edition," which consistently show lead levels "well within all recognized safety limits."
"It is important to understand that the Consumer Reports approach reflects a uniquely cautious regulation rather than an internationally accepted measure of consumer safety," the spokesperson said. 
The new report comes 15 years after Consumer Reports' previous test in 2010. At the time, more products had undetectable levels of lead, according to the nonprofit.
The Food and Drug Administration (FDA) does not review, approve or test protein powders before they hit store shelves.
Over the past year, high-protein grocery items have surged in popularity, with shoppers seeking products that support muscle repair, immune function and metabolism. Even Starbucks recently announced it was "going all-in on protein" with the arrival of its Protein Lattes and Protein Cold Foam.
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Naked Nutrition and Huel did not immediately respond to FOX Business' request for comment.
Fox News Digital's Deirdre Bardolf contributed to this report.

via: https://www.foxbusiness.com/retail/some-popular-protein-powders-contaminated-unsafe-amounts-lead-study-reveal

Stellantis, the parent of Chrysler, Jeep and Ram, unveiled plans on Tuesday to invest $13 billion to boost its U.S. domestic manufacturing footprint over the next four years.
This marks the largest single investment in the automaker's history and will support the introduction of five new vehicles across the brand portfolio in key segments, the production of the all-new four-cylinder engine, as well as fund more than 5,000 additional jobs at plants in Illinois, Ohio, Michigan and Indiana. 
"Accelerating growth in the U.S. has been a top priority since my first day. Success in America is not just good for Stellantis in the U.S. - it makes us stronger everywhere," Stellantis CEO Antonio Filosa said. 
GM DOUBLES DOWN ON AMERICAN MANUFACTURING WITH $4B INVESTMENT
Stellantis said its latest investment is in addition to its "already significant U.S. footprint" and will increase its annual finished vehicle production by 50% over current levels. The new product launches will be in addition to the company's current schedule of updating 19 current models and improving their engines at all its U.S. factories through 2029. 
The investment comes amid President Donald Trump's use of tariffs to reshore U.S. jobs, including in the auto and manufacturing industries. Stellantis estimated the tariffs could take a $1.7 billion toll on its business this year. Last year, more than 40% of the 1.2 million vehicles Stellantis sold in the U.S. were imported mainly from Mexico and Canada, which face 25% tariffs. 
More than $600 million of the funds will be utilized to reopen the Belvidere Assembly Plant to expand production of the Jeep Cherokee and Jeep Compass for the U.S. market with an initial production launch expected in 2027. This action alone is anticipated to create around 3,300 new jobs.
CAR DEALERS MOVE TO COMBAT IMPACT OF TRUMP AUTO TARIFFS WITH AI TOOLS
Nearly $400 million will be used for the assembly of an all-new midsize truck, which will be shifted from its Belvidere plant to the Toledo Assembly Complex, where it will join the Jeep Wrangler and Jeep Gladiator. The production shift could create more than 900 jobs. Launch timing is expected in 2028.
In Michigan, the company will also develop an all-new range-extended electric vehicle and internal combustion engine large SUV that will be produced at the Warren Truck Assembly Plant beginning in 2028. Nearly $100 million will be used to retool the facility. This is expected to add more than 900 jobs at the plant, which currently assembles Jeep's Wagoneer and Grand Wagoneer.
HYUNDAI MOTOR COMPANY CEO TALKS $21 BILLION INVESTMENT IN US
In Indiana, the company will make investments at several of its Kokomo facilities to produce the all-new four-cylinder engine - the GMET4 EVO - beginning in 2026. The company plans to invest more than $100 million in the area, and to add more than 100 jobs to ensure that the U.S. will be the manufacturing home of this strategic powertrain.
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To date, Stellantis' U.S. footprint includes 34 manufacturing facilities, parts distribution centers and research and development locations across 14 states. The company has more than 48,000 employees, 2,600 dealers and nearly 2,300 suppliers in thousands of communities across the country.

via: https://www.foxbusiness.com/lifestyle/stellantis-unveils-massive-13b-us-investment-pla

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer spoke on Wednesday about what they refer to as a "global power grab" by China.
The Trump administration officials held a press conference during which they said they are "constantly focused on the Chinese chokehold on the world of rare earth and rare earth materials."
Bessent insisted that Washington did not want to escalate a trade conflict with China, stressing that President Donald Trump is ready to meet Chinese President Xi Jinping in South Korea later this month.
When asked by FOX Business' Edward Lawrence if there was room for a positive economic relationship with China, Greer said, "There certainly is."
TRUMP CALLS XI'S RARE EARTH MOVE A 'BAD MOMENT' - WHY IT MATTERS FOR US NATIONAL SECURITY, CHINA TIES
"To paraphrase the secretary in one of our recent meetings with the Chinese, this is the last time we want to be talking about rare earths with the Chinese," Greer said. "Unfortunately, that is not the last time they want to be talking about it. The reality is, there are a lot of areas where we can trade with the Chinese. Our trade is wildly imbalanced. So it needs to be more balanced. And there is a lot of, as the secretary said, areas of risk."
The U.S. and China appeared poised to return to an all-out trade war late last week, after China on Thursday announced a major expansion of its rare earths export controls. 
TRUMP THREATENS 'MASSIVE' CHINA TARIFFS, SEES 'NO REASON' TO MEET WITH XI
Trump responded on Friday by threatening to raise tariffs on Chinese goods to triple-digit levels, sending financial markets and U.S.-China relations into a tailspin. Bessent and other officials have sought to get ties back on track in a series of interviews this week.
On Wednesday, Bessent said China had clearly intended to take action "all along," rejecting Beijing's claim that the actions were a response to U.S. actions.
Bessent said a lower-level Chinese trade official had threatened to "unleash chaos" if the U.S. went ahead with port fees on Chinese ships in August.
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"There was a lower-level trade person who was slightly unhinged here in August... saying that China would unleash chaos on the global system if the U.S. went ahead with our docking fees for Chinese ships," Bessent said.
Reuters contributed to this report. 

via: https://www.foxbusiness.com/economy/trump-admin-slams-chinas-global-power-grab-rare-earths-threatens-triple-digit-tariff

NBC News began a round of layoffs on Wednesday as the company prepares to officially separate from MSNBC. 
Impacted NBC News employees have been called into meetings to learn their fate, an insider told Fox News Digital. More than 100 employees are expected to be let go.
The NewsGuild of New York, which represents nearly 6,000 media workers across the tri-state region, isn't pleased with the decision to reduce headcount among rank-and-file staffers. 
"Instead of restructuring at the top, corporate profits are being maximized at the expense of our hard-working members who create the very value that drive the success of NBC," NewsGuild of New York President Susan DeCarava told Fox News Digital. 
MSNBC TAKES FIRST MAJOR STEP TOWARD COMPLETE INDEPENDENCE FROM NBC NEWS AS CORPORATE BREAKUP LOOMS
NBC did not immediately respond to a request for comment. 
NBC and MSNBC were closely aligned for years as the latter progressive cable network relied on the news-gathering operation and talent of its sister. But, Comcast announced last year it was spinning off MSNBC and other cable networks into a separate company, now named Versant.
Earlier this month, NBC News staffers who accepted a new role at MSNBC relocated to their new gig. MSNBC has also stopped relying on NBC News from an operations standpoint, aside from Washington, D.C.-based coverage, which will continue to coexist until Oct. 20, a network insider told Fox News Digital. 
MSNBC FIRES ANALYST MATTHEW DOWD FOR 'UNACCEPTABLE' COMMENTS ABOUT CHARLIE KIRK
MSNBC TAKES HEAT AFTER SKIPPING LIVE COVERAGE OF MEDAL OF FREEDOM CEREMONY FOR CHARLIE KIRK
Once MSNBC completely distances itself from Washington, D.C., operations on Oct. 20, MSNBC will no longer participate in NBC News-led editorial calls and meetings. Once that step is complete, MSNBC will operate independently of NBC News for the first time in its 30-year history. 
As a result, NBC News has started to reduce its workforce.  
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via: https://www.foxbusiness.com/media/nbc-news-begins-layoffs-ahead-msnbc-spli

Meta has complied with a Department of Justice request to remove a large Facebook group allegedly used to harass Immigration and Customs Enforcement (ICE) agents operating in Chicago, Attorney General Pamela Bondi announced Tuesday. 
The group was allegedly sharing personal information about ICE agents who were deployed to the city as part of President Donald Trump's ongoing crackdown on illegal immigration. 
"Today following outreach from @thejusticedept, Facebook removed a large group page that was being used to dox and target @ICEgov agents in Chicago," Bondi said in a post on X Tuesday.
She added that the move was necessary amid a surge in online threats against law enforcement.
APPLE TAKES DOWN ICE TRACKING APPS AFTER PRESSURE FROM BONDI DOJ
"The wave of violence against ICE has been driven by online apps and social media campaigns designed to put ICE officers at risk just for doing their jobs," Bondi wrote. "The Department of Justice will continue engaging tech companies to eliminate platforms where radicals can incite imminent violence against federal law enforcement."
Bondi did not cite specific incidents linked to the Facebook group, but Meta confirmed to FOX Business on Wednesday that "this group was removed for violating our policies against coordinated harm."
BONDI DECLARES 'NEW ERA' OF POLITICAL VIOLENCE AS FEDERAL AGENTS DEPLOY TO ICE FACILITIES NATIONWIDE
According to Meta's "Coordinating Harm and Promoting Crime" policy, the tech company prohibits users from participating in "certain criminal or harmful activities targeted at people, businesses, property or animals." 

"We allow people to debate and advocate for the legality of criminal and harmful activities, as well as draw attention to harmful or criminal activity that they may witness or experience as long as they do not advocate for or coordinate harm," the policy says. 
HUNDREDS OF FEDERAL AGENTS IN CHICAGO CARRY OUT OPERATION TARGETING SUSPECTED TREN DE ARAGUA GANG MEMBERS
Earlier this month, Apple and Google also pulled apps that crowdsource ICE sightings amid pressure from the Trump administration, according to Reuters.
ICEBlock, considered the most widely used of the ICE-tracking apps, was removed from Apple's app store on Oct. 2 at the request of the Justice Department, Bondi previously told Fox News Digital. She said the app allowed people to shield illegal immigrants while also endangering federal officers.
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The administration has warned that developers of such tracking apps could face prosecution for interfering with federal operations, Reuters reported. Officials have argued that apps and online campaigns have fueled hostility toward federal agents.
In Chicago, where roughly 200 ICE officers have been deployed, tensions have escalated into violent clashes involving hundreds of protesters, Reuters added. The city's Democratic mayor, Brandon Johnson, and Illinois' Democratic governor, JB Pritzker, have both voiced opposition to the increased federal presence, the outlet said.
FOX Business' Ashley Oliver contributed to this story. 

via: https://www.foxbusiness.com/politics/meta-removes-facebook-group-accused-harassing-ice-agents-after-doj-pressur

Meta is changing how teens use Instagram, rolling out new restrictions as pressure mounts over the app's impact on young people's mental health.
"We really do have your back. We have done so much research with parents to really understand the kinds of things that they're most concerned about," Meta spokesperson Tara Hopkins said Wednesday on "Fox & Friends."
The launch comes as Meta faces growing pressure from lawmakers and parents concerned by the effect of social media on young people's mental health. Under the new system, teen accounts will now be guided by a PG-13 rating system, similar to how movies are rated. 
META PLACES NEW SAFEGUARDS ON TEEN INSTAGRAM ACCOUNTS, INTRODUCES PG-13-GUIDED CONTENT FILTERS
"Today, we're announcing that Instagram Teen Accounts will be guided by PG-13 movie ratings by default," Meta said in a company blog post. 
"This means that teens will see content on Instagram that's similar to what they'd see in a PG-13 movie."
Hopkins said the company chose the movie rating model to help parents feel more comfortable deciding what is best for their family. 
"That's a much more familiar model for parents," she said. 
BIPARTISAN SENATORS CALL FOR INSTAGRAM TO SHUT DOWN ITS NEW MAP FEATURE, CITING CHILDREN'S SAFETY CONCERNS
"Parents of teens have grown up with movies and understand that much better than they maybe would understand the way a company like Meta would speak about our content ratings." 
The company says new teen users will automatically be placed into the PG-13 setting and won't be able to opt out without parental permission. 
Some parents remain skeptical.
FTC COULD BE IN TROUBLE AS META ANTITRUST TRIAL ENTERS SECOND WEEK, EXPERT SAYS
A recent report titled "Teen Accounts, Broken Promises," published by a coalition of online safety advocacy groups, found that of 47 Instagram safety features, 30 were either no longer available or ineffective, nine reduced harm, and only eight worked as advertised without major limitations.
Hopkins said Meta has listened to criticism from parents and is incorporating feedback into its products.
The new system will filter out posts featuring strong language or risky behaviors, and teens will be blocked from following or interacting with accounts that share age-inappropriate content.
"We have over 40,000 people at Meta who are dedicated to safety and integrity," Hopkins said. 
"We really care very, very deeply about this. We want parents to have that confidence that when their teenager is using Instagram, they're in a very safe and protective experience, particularly when they're younger, below the age of 18." 
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via: https://www.foxbusiness.com/media/meta-under-scrutiny-over-child-safety-instagram-rolls-out-pg-13-rules-teen