A US military plane carrying 78,000 pounds of baby formula arrived in Indianapolis on Sunday from Germany, to address shortage caused by Abbott Nutrition recall.
The specialty infant formula manufactured in an FDA-approved facility is enough for more than half a million bottles, White House Press Secretary Karine Jean-Pierre told reporters aboard Air Force One during President Joe Biden's flight from South Korea to Japan.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.