Federal agents searched three Caterpillar facilities near the construction and mining equipment giant’s Illinois headquarters.
The agents were from the IRS, FDIC and Commerce Department.
No arrests were made and it’s not clear what they were even looking for.
It did hurt the company’s stock and even negatively impacted the broader market.
Subway says it has it’s own study that shows it’s chicken really is chicken.
A study done in Canada found that the chain’s chicken strips and filets were only 50% chicken, with the rest being soy.
Subway hired two analytical laboratories to independently test pieces of the sandwich chicken from Canada and found below 1% not chicken.
The White House has proposed deep cuts to the Environmental Protection Agency’s budget that would reduce the agency’s staff by one-fifth.
The Washington Post says that dozens of programs will be eliminated as well.
Grants to states, as well as its air and water programs, would be cut by 30%.
The U.S. Senate has confirmed former Texas governor Rick Perry as Energy Secretary.
As head of the Energy Department, Perry would oversee oil drilling, renewables and the nation’s nuclear arsenal.