{"id":66385,"date":"2026-08-12T05:38:15","date_gmt":"2026-08-12T09:38:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/"},"modified":"2026-08-12T05:38:15","modified_gmt":"2026-08-12T09:38:15","slug":"eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/","title":{"rendered":"Eli Lilly Sues Over Black Market &#8220;Retatrutide&#8221; as Bank of America Pledges $250B to Infrastructure"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Eli_Lilly_Escalates_Legal_War_on_Illicit_Weight-Loss_Drugs\" >Eli Lilly Escalates Legal War on Illicit Weight-Loss Drugs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Bank_of_America_Pledges_250_Billion_to_Infrastructure\" >Bank of America Pledges $250 Billion to Infrastructure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Silver_Prices_Rally_to_Multi-Week_Highs\" >Silver Prices Rally to Multi-Week Highs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Energy_and_Geopolitics_ADNOC_and_the_Strait_of_Hormuz\" >Energy and Geopolitics: ADNOC and the Strait of Hormuz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Global_Security_South_Korea_and_the_Middle_East\" >Global Security: South Korea and the Middle East<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-sues-over-black-market-retatrutide-as-bank-of-america-pledges-250b-to-infrastructure\/66385\/#Financial_Integration_Iran_to_Join_BRICS_Bank\" >Financial Integration: Iran to Join BRICS Bank<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Eli Lilly (<a href=\"\/stock\/LLY\">LLY<\/a>)<\/strong> filed six new lawsuits against U.S. entities for selling unapproved, black-market versions of its investigational weight-loss drug <strong>retatrutide<\/strong>.<\/li>\n<li><strong>Bank of America (<a href=\"\/stock\/BAC\">BAC<\/a>)<\/strong> launched a <strong>$250 billion<\/strong> initiative to finance critical U.S. infrastructure, including AI data centers and renewable energy, through July 2027.<\/li>\n<li><strong>Spot <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> (XAG)<\/strong> prices surged nearly <strong>3%<\/strong> to reach <strong>$66.60\/oz<\/strong>, marking a seven-week high amid safe-haven demand and industrial growth.<\/li>\n<li><strong>ADNOC<\/strong> is reportedly using &quot;shuttle&quot; voyages and ship-to-ship transfers to transport Iraqi crude through the <strong>Strait of Hormuz<\/strong> to avoid detection and mitigate regional security risks.<\/li>\n<li><strong>South Korea<\/strong> officially declined Ukraine&#39;s request for lethal weapons and air-defense systems, citing domestic legal restrictions despite growing North Korea-Russia military cooperation.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Eli_Lilly_Escalates_Legal_War_on_Illicit_Weight-Loss_Drugs\"><\/span>Eli Lilly Escalates Legal War on Illicit Weight-Loss Drugs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eli Lilly and Company (<a href=\"\/stock\/LLY\">LLY<\/a>) has intensified its crackdown on the illicit sale of its proprietary molecules, filing six new lawsuits against entities marketing black-market versions of <strong>retatrutide<\/strong>. The company emphasized that retatrutide is currently an investigational drug in <strong>Phase 3 clinical trials<\/strong> and has not been approved for human use by any regulatory agency. Lilly is calling on social media platforms, payment processors, and logistics carriers to assist in shutting down these &quot;medical spas&quot; and &quot;wellness clinics&quot; that sell unverified substances.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_of_America_Pledges_250_Billion_to_Infrastructure\"><\/span>Bank of America Pledges $250 Billion to Infrastructure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bank of America (<a href=\"\/stock\/BAC\">BAC<\/a>) announced its <strong>Critical Infrastructure Finance Initiative<\/strong>, a massive commitment to deploy <strong>$250 billion<\/strong> in capital between January 2026 and July 2027. The program targets three primary sectors: <strong>digital infrastructure<\/strong> (AI data centers and computing), <strong>energy<\/strong> (renewables and storage), and <strong>core infrastructure<\/strong> (transportation and natural gas). This move follows similar large-scale pledges from Wall Street rivals as banks compete to finance the massive build-out of the U.S. power grid and digital economy.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Silver_Prices_Rally_to_Multi-Week_Highs\"><\/span>Silver Prices Rally to Multi-Week Highs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Spot silver prices jumped nearly <strong>3%<\/strong> on Wednesday, trading near <strong>$66.60 per ounce<\/strong>. The rally is being driven by a combination of <em>safe-haven buying<\/em> due to escalating Middle East tensions and <em>robust industrial demand<\/em> from the solar energy and power grid sectors. Analysts note that silver has outperformed many other commodities recently, rising over <strong>15%<\/strong> in the last month alone.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_and_Geopolitics_ADNOC_and_the_Strait_of_Hormuz\"><\/span>Energy and Geopolitics: ADNOC and the Strait of Hormuz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Abu Dhabi National Oil Company (<strong>ADNOC<\/strong>) has set its September official selling price for <strong>Murban crude at $79.07 a barrel<\/strong>. Simultaneously, reports indicate ADNOC is assisting Iraq by &quot;shuttling&quot; its crude exports through the <strong>Strait of Hormuz<\/strong> using a &quot;dark-transit&quot; playbook. These operations involve short voyages and ship-to-ship transfers, with some vessels reportedly switching off transponders to avoid detection following a series of missile attacks on tankers in the region.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Security_South_Korea_and_the_Middle_East\"><\/span>Global Security: South Korea and the Middle East<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>South Korea has reaffirmed its policy of providing only <strong>humanitarian and reconstruction aid<\/strong> to Ukraine, rejecting President Zelenskyy\u2019s latest plea for lethal weaponry. Seoul cited constitutional and legal restrictions while expressing deep concern over the military alliance between North Korea and Russia. Meanwhile, in Yemen, <strong>Houthi rebels<\/strong> launched ballistic missiles at the <strong>Al-Mokha port<\/strong>, resulting in at least seven deaths and further destabilizing critical Red Sea shipping lanes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Integration_Iran_to_Join_BRICS_Bank\"><\/span>Financial Integration: Iran to Join BRICS Bank<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Iran\u2019s Central Bank Governor, Abdolnaser Hemmati, confirmed that the nation is set to join the <strong>BRICS New Development Bank (NDB)<\/strong> shortly. The move is intended to help Tehran bypass international sanctions by deepening financial ties with emerging economies. Hemmati stated that BRICS members are actively discussing trade in <strong>national currencies<\/strong> to reduce reliance on the U.S. dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Eli Lilly (LLY) filed six new lawsuits against U.S. entities for selling unapproved, black-market versions of its investigational 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