Abbott CEO apologizes for baby formula shortage, promises production ramp-up

Abbott Laboratories Chief Executive Robert Ford apologized Saturday for his company’s role in the nationwide shortage of baby formula and promised production will ramp up again in June. 

“We’re sorry to every family we’ve let down,” Ford wrote in a Washington Post op-ed. 

You May Also Like

China Evergrande posts sharply narrowed 2022 loss as it tries to bounce back

China Evergrande Group, the world’s most indebted developer, narrowed its losses significantly…

‘She was heavily medicated’: My cousin forced my elderly mother to sign over her share of the family home. What can we do?

“She signed out of fear and after she had just gotten out…

Tory MP Paul Bristow sacked as aide over call for Israel-Gaza ceasefire

A British Conservative MP has been sacked from his role as a…

Mortgage rates are back over 7%. Here’s how much that adds to mortgage payments.

The housing market is about to hit another speed bump, with mortgage…