Later this month, the U.S. Government will import infant formula from Australia and England under separate Operation Fly Formula Missions to address the nationwide shortage of the product caused by Abbott Nutrition recall.
The Biden Administration will facilitate air shipment of more than 4.7 million 8-ounce bottle equivalents of Bubs Australia infant formula from Australia to Ontario, California; and Columbus, Ohio via flights on July 10 and 21 respectively, according to the White House.
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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.