Egmc Rain and snow showers move in overnight, tapering Monday morning
President Joe Biden is set to meet with infant formula manufacturers as his administration works to ease nationwide shortages. The administration s strategy calls for importing foreign supplies and using the Defense Production Act to speed domestic production. The White House said Biden will host a roundtable Wednesday with manufacturers including ByHeart, Bubs Australia, Reckitt, Perrigo Co. and Gerber. Not on the list is Abbott Nutrition, whose Michigan plant was shut down in February over safety concerns, sparking the U.S. baby formula shortage. U.S. regulators and Abbott announced an agre
air max 96 ement last month that would help pave the way for reopening the plant, though production h
nike sb dunk as not restarted.Earlier this week, the Biden administration invoked the Defense Production Act for a third time to help ease the shortage.The Biden administration said it s cu
nike air force tting red tape to allow manufacturers to increase the speed and scale of their infant formula production. The administration also has Tvww Hotter Wednesday, with plenty of sunshine region-wide
By
jordan5 DAMIAN J. TROISEAP Business WriterNEW YORK AP 鈥?Stocks drifted between gains and losses in morning trading on Wall Street Tuesday as more big companies deliver their latest financial results and updates amid lingering concerns about a potential recession.The S 038;P 500 fell 0.1% as of 11:36 a.m. Eastern. The Dow Jones Industrial Average rose 4 points, or less than 0.1%, to 33,636 and the Nasdaq fell 0.1%.The decline for major indexes marks a reversal from a rally on Monday. Stocks have been volatile as inve
adidas originals stors try to get a better sense of how inflation is impacting the economy, the potential for a recession and whether the Federal Reserve can ease up on its aggressive interest rate increases.The latest batch of earnings show that companies continue to struggle with the effects of inflation on consumers and supply chains.Post-it notes and industrial coatings maker 3M fell 4.7% after reporting weak
mizuno fourth-quarter earnings and announcing job cuts. It is the latest company to anno
