Morning Business Report: FTC investigates whether merger contributed to baby formula shortage

The FTC is investigating whether mergers in the baby formula industry contributed to the current shortage.

The typical car you’ll find on the street is getting older, averaging 12.2 years on average.

Ford Motor will pay $19 million to resolve allegations it falsely advertised real-world fuel economy and payload capacity for hybrids and pickup trucks.

Record-high levels of Americans leaving their jobs are being driven in part by serial quitters. 6.5% of people who started new jobs left their previous employer in under 12 months.

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