AGP Executive Report
Last update: 6 hours agoDrug Pricing: Missouri Attorney General Catherine Hanaway ordered Eli Lilly to stop requiring detailed claims data from hospitals seeking 340B drug discounts, arguing the policy could raise costs and threaten rural care. MU Health Care lost access to the discounts after initially refusing. Corporate Results: Smithfield Foods reported third-quarter sales of $3.4 billion, down 8.3% year over year, and operating profit of $127 million, down from $310 million. Packaged-meat operating profit edged higher to $230 million. Data Centers & Utilities: Evergy says new tariffs for large electricity users are designed to shield other customers from data-center costs. The rules do not cover municipal utilities, including Independence Power & Light, where Nebius plans a data-center campus. Farm Economy: Federal Reserve reports cited high diesel costs and volatile commodity prices as pressures on Corn Belt farm income. Independent Pharmacy: MU Health Care plans to acquire Summit Pharmacy in Holts Summit by Dec. 7. The owner said insurance and pharmacy benefit managers have made it difficult for independent pharmacies to stay profitable.
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