Product Shortage

WASHINGTON—The House Oversight Committee has launched an investigation into the four major manufacturers of baby formula, including the makers of Similac and Enfamil, asking for information related to a supply shortage that has left many brands out of stock. In letters sent to the chief executives of the companies, House Oversight Chairwoman Carolyn Maloney (D., N.Y.) and Rep. Raja Krishnamoorthi (D., Ill.), the top Democrat on the panel’s economic and consumer…

Baby-formula manufacturers and retailers say they are working to address a long-running shortage in products on store shelves but the hardships facing U.S. families may take months to abate. Abbott Laboratories, ABT 1.59% producer of Similac baby formula, said it is bringing products from its factory in Ireland to the U.S. as it continues talks with the Food and Drug Administration to restart production at its factory in Michigan. However, the company has said it would…

TOKYO— Sony SONY -3.37% Group Corp. and Nintendo Co. NTDOY -3.33% said their flagship videogame machines are likely to be in short supply all year owing to component shortages, extending a problem that has plagued both companies. “There’s no end in sight to the semiconductor shortage at this point,” said Nintendo’s president, Shuntaro Furukawa.…

The drought in chip availability that has hit auto production, raised electronics prices and stoked supply-chain worries in capitals around the globe has a new pain point: a lack of chips needed for the machines that make chips, industry executives say.The wait time it takes to get machinery for chip-making—one of the world’s most complex and delicate kinds of manufacturing—has extended over recent months. Early in the pandemic it took months from placing an order to receiving the equipment. That time frame has stretched…