10:58 AM EDT, 08/14/2024 (MT Newswires) -- Eli Lilly and Company ( LLY ) sent several cease-and-desist letters to US healthcare providers in recent days urging them to stop selling copycat weight-loss drugs as supplies of the drugmaker's Mounjaro and Zepbound improve, Bloomberg reported Wednesday. The letters went to telehealth companies, wellness centers, and medical spas, Bloomberg reported, citing a...

Telesat ( TSAT ) shares are rising following the company’s stronger-than-expected second-quarter 2024 results. Telesat ( TSAT ) reported a consolidated revenue decline of 15.2% year-over-year to C$152.44 million, beating the consensus estimate of C$141.15 million. The revenue decrease was due to reduced services and lower rates on a renewed agreement with a North American TV customer. Quarterly operating income...

10:59 AM EDT, 08/14/2024 (MT Newswires) -- Citigroup ( C ) is increasing the limit on some of its top UK bankers' and traders' bonuses, allowing them to earn a bonus that's up to six times their base salary, Bloomberg News reported Wednesday, citing an internal memo. A previous limit restricted such employees' bonuses to two times their fixed pay,...

10:58 AM EDT, 08/14/2024 (MT Newswires) -- UnitedHealthcare, part of UnitedHealth Group ( UNH ) , said Wednesday that its Community Plan of North Carolina has obtained Health Equity Accreditation from the National Committee, or NCQA, for Quality Assurance. NCQA's Health Equity Accreditation assesses organizations on various standards, such as organizational readiness, cultural responsiveness, language services, and efforts to reduce...