The U.S. Government will import 4.3 million bottles of infant formula from New Zealand next week under Operation Fly Formula to address the nationwide shortage of the product caused by an Abbott Nutrition recall.
The Biden Administration announced Wednesday that his Administration is sourcing two flights, facilitated by the U.S. Department of Health and Human Services, to transport Danone's Aptamil Gold Plus Stage 1 infant formula in 8-ounce bottles from New Zealand to Chicago on August 8 and 11.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.