Tag: business news

Eli Lilly sues four telehealth sites selling compounded Zepbound, Mounjaro

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An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly is suing four telehealth companies selling compounded versions of the pharmaceutical giant’s weight loss drug Zepbound and its diabetes treatment Mounjaro, the company’s latest attempt to crack down on…

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Health

Trump drops Biden’s proposal for Medicare to cover obesity drugs like Wegovy and Zepbound

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A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk.  Reuters President Donald Trump on Friday dropped a Biden administration proposal to have Medicare cover obesity drugs, including popular but costly GLP-1 treatments such as Novo Nordisk‘s Wegovy and Eli Lilly‘s Zepbound. But the Centers…

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Health

Fiscal deficit at 85.8% of RE till Feb – The Times of India

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New Delhi: The Centre’s fiscal deficit until February in this financial year touched 85.8% of the revised annual target, compared with 86.5% a year before, thanks to tight spending, particularly capital expenditure, showed official data released on Friday.The data bolsters chances of the government meeting its fiscal deficit target of 4.8% of gross domestic product…

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Business

Healthy Returns: What to know about the U.S. measles outbreak

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MMR vaccine administer prep is pictured during a drive at the City of Lubbock Health Department in Lubbock, Texas, U.S. Feb. 27, 2025. Annie Rice | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions….

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Health

30 Lakh Farmers Come On Board Centres FPO Scheme To Boost Earnings

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New Delhi: The number of farmers on board the Centre’s scheme for the formation and promotion of Farmer Producer Organisations (FPOs) has touched the 30 lakh mark in the country, with around 40 per cent of them being women,  according to a statement issued by the Ministry of Agriculture on Friday.  These FPOs are now…

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Business

A child dies of measles in West Texas outbreak

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A school-age child has died of measles in West Texas, the first death from the disease in a decade in the United States. The child had not been vaccinated against measles, according to the city of Lubbock’s health department. The death, confirmed by Katherine Wells, the Lubbock health department’s director of public health, is part…

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Health

Hims & Hers faces scrutiny from senators on Super Bowl ad that ‘risks misleading’ patients

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Hims & Hers is facing scrutiny from lawmakers over an advertisement for its weight loss offerings that’s slated to run during the Super Bowl on Sunday. Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., wrote a letter to the U.S. Food and Drug Administration on Friday expressing concerns over an “upcoming advertisement” that “risks misleading…

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Healthy Returns: Biotech and pharma M&A is off to a good start in 2025 — but will it last?

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The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) on Dec. 5th, 2023. NYSE Group A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. I’m back in New York City after spending nearly a…

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India mobility sector to surpass $600 billion by 2030: Report – The Times of India

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The Indian mobility industry is projected to surpass $600 billion by 2030, according to the Think Mobility report released by Google and Boston Consulting Group (BCG) at the Bharat Mobility Auto Expo.The report highlights India’s unique trajectory in the mobility sector, with traditional and emerging revenue streams shaping a departure from global trends.The report reveals…

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Business

Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

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MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields…

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