After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory and the Dow Jones Industrial Average setting up for the longest streak of weekly losses since the Great Depression.
A local news outlet reported that parents in San Antonio, Texas, are struggling the most in the U.S. to get the formula their infants need, with 56 percent of retailers reporting empty shelves.
About 150 Netflix employees were laid off Tuesday, mostly in the United States, roughly a month after the streaming service reported a decrease in subscriber numbers for the first time in 10 years.
A Republican congresswoman has created a website to help parents find baby formula amid a nationwide shortage as some political leaders blame the Biden administration for failing to address the scarcity.
