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Biden invokes Defense Production Act to increase infant formula supply
WASHINGTON, May 18 (Reuters) – President Joe Biden took action on Wednesday to address the shortage of infant formula in the United States, invoking the Defense Production Act to help manufacturers obtain the ingredients needed to increase supply , the White House said. Biden also ordered U.S. agencies to use Department of Defense commercial planes […]
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Walmart’s EXCLUSIVE maker and Amazon-branded infant formula expect shortages through rest of 2022
Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, U.S., May 10, 2022. REUTERS/Kaylee Greenlee Beal Join now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes private label baby formula for retailers including Walmart Inc (WMT.N) and […]