09:31 AM EDT, 09/17/2024 (MT Newswires) -- (Updates with the US Federal Trade Commission's response in the fifth paragraph.) Cigna ( CI ) said Tuesday its Express Scripts by Evernorth unit has sued the Federal Trade Commission in Missouri federal court, demanding the retraction of the regulator's July 2024 drug pricing report on the pharmacy benefit management, or PBM industry....

09:31 AM EDT, 09/17/2024 (MT Newswires) -- ADTRAN ( ADTN ) said Tuesday that it is opening a 20,000-square-foot distribution center in York, UK. The communications equipment company said the new facility will support the deployment of its fiber infrastructure services, including optical transport, carrier ethernet, and access equipment. ADTRAN ( ADTN ) also said the new distribution center will...

09:42 AM EDT, 09/17/2024 (MT Newswires) -- (Updates with UBS' response to a request for comment in the fourth paragraph.) The US Department of Justice has revived a dormant investigation into how lenders unwound over $150 billion in bets placed by Archegos mere months after the agency scored a conviction against its founder for deceiving those same financial institutions, Bloomberg...

09:42 AM EDT, 09/17/2024 (MT Newswires) -- Xerox (XRX) said Tuesday it has named Mirlanda Gecaj as chief financial officer, effective Feb. 1. The company said Gecaj succeeds Xavier Heiss who served as CFO since 2021. Gecaj joined in 2022 and is Xerox's chief accounting officer, the company said. Price: 10.47, Change: -0.11, Percent Change: -1.04 ...