DIRS.INFO The most relevant business & tech news

☆ An Amish family had their horse and buggy stolen from a Walmart parking lot while they were shopping, police say
▼ + stars: | 2024-01-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Read previewAn Amish family had their horse and buggy stolen from a Walmart parking lot while they were inside shopping, police said this week. A truck driver, who was parked in the lot, told police that he saw a woman stealing the buggy. Later that evening, the horse and buggy were found a little over two miles away from the store. AdvertisementAccording to Amish America, a website about Amish culture and communities, Michigan has the sixth largest Amish population in the US. More than 10% of the state's Amish population live in a community near Centreville, roughly 14 miles from the Sturgis Walmart.

Persons: — Organizations: Service, Business, Sturgis Department of Public Safety, Walmart, St, Sturgis Walmart Locations: Michigan, Sturgis, Detroit, Joseph County, America, Centreville

☆ Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
▼ + stars: | 2023-10-18 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

New York CNN —Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. in Costa Mesa, California139 North Grand Ave. in Covina, California20572 Homestead Road in Cupertino, California24829 Del Pradoin Dana Point, California7859 Firestone Blvd. in Yorba Linda, California25906 Newport Road in Menifee, California1600 North Main St. in Meridian, Idaho5808 Ritchie Hwy. in Mill Creek, Washington601 South Grady Way in Renton, Washington2707 Rainier Ave. in South Seattle, Washington– CNN’s David Goldman contributed to this story

Persons: Del, Dana, Glen, Ephraim Ave, Arnold St, Nicholas Ave, Reed, Washington – CNN’s David Goldman Organizations: New, New York CNN — Rite, Real Estate Partners, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, SEC Alabama, Valley, Firestone, Alvarado St, Fulton, Yorba, Bel Air, Pulaski, Garfield, Main St, Clinton St, Michigan, Whittemore St, Hamilton St, Sunrise, Elmwood, New Carlisle , Ohio Euclid, Gettysburg, Medford, 9th St, Liberty, Eisenhower, Stevenson, 5th St, Reed St, Oxford, 63rd, Brighton, East Central, St, Evergreen, Grady Locations: New York, California, Maryland, Michigan, New Jersey, Ohio, Oregon, Pennsylvania, Washington, Alabama, Idaho, Pike, Monroeville , Alabama, Alhambra , California, Bellevue, Atwater , California, Costa Mesa , California, Covina , California, Cupertino , California, Dana Point , California, Downey , California, Irvine , California, La Mirada , California, Laguna Niguel , California, South Centinela, Los Angeles , California, Alvarado, Monterey , California, St, Ramona , California, Fulton Ave, Sacramento , California, Santa Cruz , California, Yorba Linda , California, Menifee , California, Main St, Meridian , Idaho, Baltimore , Maryland, Bel Air , Maryland, Elkton , Maryland, Glen Burnie , Maryland, Gratiot, Clinton Township , Michigan, Detroit , Michigan, Farmington Hills , Michigan, Fremont , Michigan, Clinton, Grand Ledge , Michigan, Jackson , Michigan, Macomb , Michigan, U.S, Manistee , Michigan, Redford , Michigan, Shelby Township , Michigan, St . Johns , Michigan, Centerville, Sturgis , Michigan, Taylor , Michigan, Wixom , Michigan, Berlin , New Hampshire Grove St, Peterborough , New Hampshire, Browns Mills , New Jersey, Camden , New Jersey, Lumberton , New Jersey, Bridgeton Pike, Mantua , New Jersey, Mullica Hill , New Jersey, Edinburg, Robbinsville , New Jersey, Hamilton, Somerset , New Jersey, Williamstown , New Jersey, Bay Shore , New York, Buffalo , New York, Copiague , New York, East Northport , New York, Floral, , New York, Jamaica , New York, Elmwood Ave, Kenmore , New York, Hempstead, Levittown , New York, Patchogue, Yaphank, Medford , New York, New York , New York, Port Jefferson , New York, Sayville , New York, Smithtown , New York, West Patchogue , New York, New Carlisle , Ohio, Strathmore, East Cleveland , Ohio, Dayton , Ohio, Cleveland , Ohio, Medford , Oregon, Cully, Portland , Oregon, 9th, Chester , Pennsylvania, Coraopolis , Pennsylvania, Erie , Pennsylvania, Greensburg , Pennsylvania, Hanover , Pennsylvania, New Castle , Pennsylvania, New Kensington , Pennsylvania, Pennsburg , Pennsylvania, 5th, Philadelphia , Pennsylvania, Venango St, 63rd St, Pottsville , Pennsylvania, Rochester , Pennsylvania, East Central Ave, Titusville , Pennsylvania, White Haven , Pennsylvania, Bellevue , Washington, Bellingham , Washington, Blaine , Washington, Covington , Washington, Everett , Washington, Lynnwood , Washington, Mill Creek, Renton , Washington, Rainier, South Seattle

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

The Bronx resident said that by February, after a year of two PediaSure drinks per day, her grandson was still short for his age and had become "so overweight" that she stopped buying the drinks. Noriega dismissed PediaSure as "just a flavored sugar and milk-based drink that contains vitamins, which is not a cure for shortness." She said also that Abbott "knows from its own studies that its Clinically Proven Claim is false and misleading." PediaSure is part of the Abbott Park, Illinois-based company's pediatric nutritional segment, which also includes Pedialyte and Similac. The case is Noriega v Abbott Laboratories, U.S. District Court, Southern District of New York, No.

☆ Opinion | Who’s to Blame for a Million Deaths?
▼ + stars: | 2023-04-26 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

“Something clearly went wrong,” Anthony Fauci told me, reflecting on the long pandemic, in an interview for The New York Times Magazine. It was those who forced essential workers to stay on the job and those who kept ordering delivery from them. It was those who cut the line to get vaccinated, then those who didn’t get vaccinated, then those who stopped wearing masks once they did. It was the unvaccinated and it was Joe Biden saying “pandemic of the unvaccinated.” It was the C.D.C. And it was those people who kept annoyingly insisting that the pandemic wasn’t over, when, in truth, well, it both was and wasn’t.

☆ Abbott Labs shares pop as revenue, earnings defy steep drop in Covid test sales
▼ + stars: | 2023-04-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Shares of Abbott Laboratories popped Wednesday after the company's earnings and revenue topped Wall Street's expectations, defying a dramatic slowdown in sales of its Covid-19 tests. Abbott reported revenue of $9.7 billion for the first quarter, slightly surpassing the Refinitiv estimate of $9.64 billion due to recovery in its medical devices business. Strong sales in Abbott's medical devices business fueled the company's first-quarter beats. The unit raked in $3.9 billion in sales during the quarter, up nearly 9% from the same period last year. That comes after rival Johnson & Johnson reported strong growth in its own medical devices unit, noting that surgical procedures are "well in recovery."

☆ U.S. baby formula supply is still vulnerable, former FDA official tells lawmakers
▼ + stars: | 2023-03-28 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

The U.S. supply of infant formula industry is still vulnerable to safety issues and supply disruptions more than a year after a nationwide shortage that left parents scrambling to feed their children, a former Food and Drug Administration official told U.S. lawmakers on Tuesday. The FDA announced a nationwide recall on that day of Abbott Nutrition 's popular Similac, Alimentum and EleCare baby formulas that sparked the nationwide shortage. The infant formula was recalled after several infants became sick with bacterial infections and two died. The plant was shuttered for months, sharply reducing formula supply across the U.S. He pointed to structural and cultural issues within the agency, a failure to monitor the food supply chain and inadequate public health surveillance of the fatal bacteria, Cronobacter sakazakii, that contaminated Abbott's formula.

☆ U.S. Supreme Court backs deaf student who sued Michigan school district
▼ + stars: | 2023-03-21 | by ( Andrew Chung | ) www.reuters.com time to read: +2 min

WASHINGTON, March 21 (Reuters) - The U.S. Supreme Court on Tuesday allowed a deaf student in Michigan to sue his public school district for allegedly failing to provide him adequate classroom instruction, a ruling that bolsters the ability of students with disabilities to remedy shortcomings in their education. The 9-0 ruling authored by conservative Justice Neil Gorsuch revived student Miguel Luna Perez's lawsuit seeking monetary damages from the school system in Sturgis, Michigan, as the justices overturned a lower court's decision to dismiss the case. Perez has said the school district assigned him an unqualified classroom aide who did not know sign language, and then misled his parents as to how much progress he was making. After settling an administrative complaint under IDEA with the district promising additional schooling at the Michigan School for the Deaf, Perez filed his lawsuit in federal court under the ADA, seeking compensatory damages. Circuit Court of Appeals in 2021 dismissed the case, agreeing with the school district that Perez could not bring his lawsuit before first exhausting the administrative procedures under IDEA.

☆ Abbott Baby-Formula Business Is Under Investigation By SEC, FTC
▼ + stars: | 2023-02-18 | by ( Peter Loftus | ) www.wsj.com time to read: 1 min

Photo: Sylvia Jarrus for The Wall Street JournalAbbott recalled certain powder baby-formula products that were manufactured at its Sturgis, Mich., plant, and halted production there. The Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories ’ baby-formula business, the company said. The SEC’s enforcement division sent a subpoena to Abbott in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing.

☆ Similac maker Abbott could face criminal penalties of up to $500,000 per offense in DOJ probe of factory conditions amid the baby formula shortage
▼ + stars: | 2023-02-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Similac maker Abbott is under federal criminal investigation for its role in the baby formula shortage. The possible charges carry penalties of up to $500,000 for corporations and up to a year of prison time for individuals. "It's a layup for a misdemeanor charge against Abbott," a food-safety attorney told Crain's Chicago. "It's a layup for a misdemeanor charge against Abbott and/or particular executives who were in charge of that plant," food-safety attorney Bill Merler told Crain's Chicago Business. In addition, the Centers for Disease Control said it could not conclusively link the multiple strains of bacteria found at the Abbott plant with those that led to the deaths of two infants in Ohio.

☆ Stocks making the biggest moves premarket: Wayfair, Salesforce, Paypal and more
▼ + stars: | 2023-01-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest premarket moves:Advanced Micro Devices — The semiconductor maker rallied nearly 3% after being upgraded by Barclays to overweight from equal weight. The Wall Street firm cited improving market share trends and a better grasp on spending from management. Abbott Laboratories — Abbott Labs lost 2.5% following a Wall Street Journal report Friday that the Justice Department is investigating conduct at its infant-formula plant in Sturgis, Michigan. Tapestry — The Coach and Kate Spade parent slid 1.85% after being downgraded to equal weight from overweight by Barclays. The Wall Street firm's reasons included inflation creeping to higher household income brackets.

☆ After baby formula problems, Abbott Laboratories under DOJ investigation
▼ + stars: | 2023-01-21 | by ( Laura Strickler | Laura Strickler Is A Senior Investigative Producer | Reporter For Nbc News. She Is Based In Washington. | ) www.nbcnews.com time to read: +2 min

Abbott Laboratories is under investigation by the U.S. Department of Justice, the company confirmed Friday, almost a year after it shut down a Michigan baby-formula plant after illnesses were reported. Abbott did not specify what aspect of the company is under Justice Department scrutiny. “DOJ has informed us of its investigation and we’re cooperating fully,” an Abbott spokesperson said in a statement to NBC News. The Abbott manufacturing facility in Sturgis, Mich., on May 13, 2022. Abbott voluntarily shut down production at its Sturgis infant formula manufacturing plant on Feb. 17, 2022, after infants who consumed formula made at the plant became sick.

The Justice Department is investigating conduct at the Abbott Laboratories infant-formula plant in Sturgis, Mich., that led to its shutdown last year and worsened a nationwide formula shortage, people familiar with the matter said. Attorneys with the Justice Department’s consumer-protection branch are conducting the criminal investigation, the people said.

☆ Abbott faces U.S. criminal probe over baby formula -WSJ
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] The Abbott Laboratories facility where dozens of recalled types of powdered baby formulas were made leading to production being halted at the location in Sturgis, Michigan, U.S., May 20, 2022. REUTERS/Eric CoxCompanies Abbott Laboratories FollowJan 20 (Reuters) - Abbott Laboratories' (ABT.N) Michigan plant, which was at the center of the U.S. baby formula shortage last year, faces a criminal investigation by the Justice Department, the Wall Street Journal reported on Friday. Panicked parents emptied baby formula aisles at supermarkets last year as a recall of formulas by Abbott due to complaints of bacterial infections exacerbated a shortage that began due to pandemic-induced supply chain issues. Attorneys with the Justice Department's consumer-protection branch are conducting the criminal investigation, the WSJ report said, citing people familiar with the matter. In February 2022, Abbott, the biggest U.S. supplier of baby formula, recalled Similac and other infant formula products produced at the Michigan facility after reports of bacterial infections in babies who had consumed products made there.

☆ Deaf student’s lawsuit over whether school met his needs goes before Supreme Court
▼ + stars: | 2023-01-18 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

The question for the justices involves a federal law that guarantees disabled students an education specific to their needs. The IDEA guarantees children with disabilities a free public education that is tailored to their specific needs. The school district agreed to pay for extra schooling and sign language instruction for Perez and his family, among other things. Former federal education officials are among those who told the court that those lower court decisions are wrong. A national school board association and an association of school superintendents, however, are among those who believe lower courts were right.

☆ Sprawling U.S. storm threatens holiday travel as 'bomb cyclone' looms
▼ + stars: | 2022-12-21 | by ( Tyler Clifford | ) www.reuters.com time to read: +3 min

"It's a pretty powerful, powerful system." The storm, fed by moisture from the Great Lakes, could dump up to a foot (0.3 meter) of snow on the Upper Midwest between Wednesday and Friday, with blizzard conditions stretching from the Northern Plains states to the Great Lakes region. By Thursday night, a so-called "bomb cyclone" will likely form along the strong arctic front across the Great Lakes, sending pressure sharply lower in a 24-hour period. The holiday travel season is shaping up to be the third-busiest in decades as nearly 113 million people could pack up and journey more than 50 miles from home beginning Friday, according to motorists group AAA. While beefed-up airline staffing and other improvements since Thanksgiving will make travel easier during the holiday season, "nobody can control the weather.

☆ Gen Z is re-thinking college and career plans in post-Roe America: ‘I want to leave the country’
▼ + stars: | 2022-12-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +7 min

There is an endless list of factors students consider while choosing a college: size, cost, campus life, proximity to home. In post-Roe America, location has never been more important to prospective and current college students deciding where to pursue a degree or build their career. The 21-year-old, now a junior studying political science at the University of South Dakota, is the president of USD Students for Reproductive Rights. Lexi McKee-Hemenway and Kyshea Koehler at an event hosted by USD Students for Reproductive Rights. Harvard University freshmen rally in Harvard Yard on May 4, 2022 to defend abortion rights.

☆ Organ donations rise during major motorcycle rallies due to crashes, study says
▼ + stars: | 2022-12-01 | by ( Raenu Charles | ) edition.cnn.com time to read: +5 min

CNN —Organ donations and transplantations increase during major US motorcycle rallies due to crashes, according to a new study, signaling a need for increased safety measures. In regions near where motorcycle rallies were held, there were 21% more organ donors and 26% more transplant recipients per day during rallies than in the four weeks before and after. In nearby areas without a motorcycle rally on those same dates, there were 11% fewer organ donors and 10% fewer transplant recipients. Large motorcycle rallies often come with a surge in trauma volume at local hospitals, the study says. Safer ridingThe Sturgis Motorcycle Rally, held each August, is the largest and most popular in the country.

☆ FDA lays out plan to combat bacterial illnesses in baby formula
▼ + stars: | 2022-11-16 | by ( Brenda Goodman | ) edition.cnn.com time to read: +4 min

CNN —The US Food and Drug Administration is charting a plan to enhance its surveillance of infant formula for Cronobacter bacteria. Cronobacter infections are rare, but they can be serious and even fatal, especially in newborns. Cronobacter lives in the environment, but when these infections are diagnosed in infants, they are often linked to powdered formula. Only one state, Minnesota, now requires doctors to report Cronobacter infections to the state health department. The infants had all consumed powdered formula manufactured at an Abbott Nutrition production facility in Sturgis, Michigan.

☆ Baby formula maker Perrigo buying Nestle's Good Start brand, Wisconsin plant
▼ + stars: | 2022-11-01 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: +2 min

NEW YORK, Nov 1 (Reuters) - Infant formula manufacturer Perrigo Company Plc (PRGO.N) said on Tuesday it is buying the Good Start brand and a Wisconsin plant that makes the product from Nestle SA (NESN.S), as U.S. retailers recover from shortages of the good. The deal is part of a $170 million investment that Perrigo is making in its U.S. infant formula manufacturing. The investment includes $60 million to expand the plant's capacity by roughly 100 million eight-ounce bottles each year. Nestle has sent cans of specialized Alfamino formula and NAN from Europe to help try to alleviate the shortage earlier this year. Perrigo will supply Nestle with Good Start formula so the company can fulfill its contracts with the Women, Infants and Children program, which helps poor families afford the item.

☆ Abbott Names New Leadership at Troubled Baby-Formula Plant
▼ + stars: | 2022-10-19 | by ( Peter Loftus | ) www.wsj.com time to read: 1 min

Abbott Laboratories has made leadership changes at its major baby-formula manufacturing plant and in its quality organization, following a temporary shutdown of the Sturgis, Mich., plant earlier this year after contamination was found. The Abbott Park, Ill., company also plans to spend about $500 million to build a new baby-formula plant in the U.S., after analyzing the market and concluding more capacity is needed, Chief Executive Robert Ford said Wednesday.

☆ Abbott plans new $500 million infant formula facility as shortage continues
▼ + stars: | 2022-10-19 | by ( Katherine Dillinger | ) edition.cnn.com time to read: +3 min

CNN —Abbott Nutrition plans to build a $500 million nutrition facility for specialty and metabolic infant formulas, Chairman and CEO Robert Ford said Wednesday. The announcement comes as the US formula shortage continues and experts have called for more domestic production and diversity among suppliers. “We’re currently in the final stages of determining the site location and will work with regulators and other experts to ensure this facility is state-of-the-art and sets a new standard for infant formula production. More than 40% said they had only a week’s supply or less on hand. “We also boosted production in our global network to increase infant formula supply to the US.

☆ Abbott is recalling baby formula again after discovering faulty bottle caps on Similac products produced at Ohio facility
▼ + stars: | 2022-10-15 | by ( Bethany Biron | ) www.businessinsider.com time to read: +2 min

Abbott is recalling Similac baby formula products due to faulty bottle caps that may cause spoilage. The announcement comes after Abbott's February formula recall that prompted a national crisis. The company issued a voluntary recall on Friday for several Similac ready-to-feed liquid products produced at its Columbus, Ohio facility. The announcement comes after Abbott recalled baby formula products in February when strains of a potentially deadly bacterial virus were found at a manufacturing plant in Sturgis, Michigan. The recall led to a widespread shortage of baby formula, from which many retailers are still struggling to recover.

Search resuls for: "Sturgis"

23 mentions found