Store brand formula maker sees shortages through year’s end
May 16, 2022
Perrigo Company, which makes store brand formula for retailers including Amazon.com and Walmart, said that it will not be able to catch up with increased demand this year that has arisen due to an infant formula shortage caused by a recall of formulas manufactured by Abbot Laboratories.
Recent News
Apple’s Record-Breaking $110B Stock Buyback
Apple Inc., one of the world’s largest tech companies, has just made history with the largest stock buyback ever seen in the United States. The announcement comes as the tech giant’s board approved an additional $110 billion in share repurchases.
Moderna COVID-19 Vaccine Sales Drop 91%
Moderna’s only product is the vaccine that became popular during the pandemic.
Norwegian Cruise Line: No Clothes, No Problem on ‘The Big Nude Boat’
Clothing-optional vacations from Norwegian Cruise Line will start next year.
Sony and Apollo Express Interest in $26B Paramount Buyout Amid Skydance Merger Talks
Sony Pictures and Apollo Global Management have sent a letter to the Paramount Global board showing their interest in buying the company for around $26 billion.