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The Latest Breaking News from Mead Johnson

FTSE 100 Live 01 November: Markets calmer after sell-off, Reckitt Benckiser shares jump

Borrowing costs continue to be in focus after a rocky week for markets on both sides of the Atlantic.

Evening Standard

Reckitt sees sales slide after £100m tornado hit to baby formula

The Nurofen-to-Dettol maker saw revenues dragged lower by a 17.4% tumble in sales at its nutrition division caused by tornado damage to a warehouse.

Evening Standard

The CEO of consumer giant Reckitt is on a mission to slim down to just ‘power brands’ as the whole industry gets leaner

"What is a power brand? It's when you have a very large brand that enjoys very high levels of trust."

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

U.S. govt protected baby formula makers

The U.S. government repeatedly used its muscle to advance the interests of large baby formula companies

Salon

Reckitt Benckiser: how one terrible deal wrecked the company

Takeover of baby formula maker Mead Johnson Nutrition could lead to billions in damages payouts

The Guardian - UK

Baby formula makers tell Biden they knew shortages would be dire

WASHINGTON — President Joe Biden defended his administration’s response to a national baby formula shortage, saying he acted as soon he became aware of the crisis in April — even as manufacturers told him Wednesday they saw it coming months earlier.

Tribune News Service

Baby formula shortage shows risk of US industry concentration

Formula isn’t just for babies. April Crohare desperately needs it for her 14-year-old son, Charlie. Due to medical complications from a rare brain disorder called lissencephaly, his only source of nutrition comes from infant formula through a feeding tube.

Tribune News Service

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