A Major Deal in Insurance, and Uber's Ex-CEO Has a New Gig

Health insurance giant Cigna is acquiring pharmacy benefits manager Express Scripts. It's the latest company to make a move to fend off competition from Amazon, which is diving into the healthcare space. And Travis Kalanick is launching a new venture capital firm focused on major job creation. Called "10100", the investment company will focus on real estate, e-commerce, and emerging tech in India and China. Uber's also looking for a $1.25 billion leveraged loan on the heels of securing an investment from SoftBank. And Tesla's big rigs have hit the road, carrying batteries from the Gigafactory in Nevada to Fremont, Calif.

More In Business

Find Out When Barbara Corcoran Says Is the Best Time to Buy A Home

Shark Tank star Barbara Corcoran reveals how she is handling all of this recession news, the best time to buy a home and what she looks for when hiring. Watch!

Big Business This Week: Trade War, Huh? What Is It Good For?

The tit-for-tat tariff battle may have consequences. Plus: Stabucks, Intel, Boeing, Southwest, Walmart, Target, and Amazon—whew!

Walgreens Agrees to $10 Billion Private Equity Takeover

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners.

Big Business This Week: Those On-Again, Off-Again Tariffs!

No one's happy about anything this week, it seems, not even lumberjacks, Gen Z music fans, and Goldman Sachs VPs.

You may want to jump off Wall Street’s wild ride, but markets do this

Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.

Trump Grants One-Month Exemption for US Automakers from New Tariffs

President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers.

Big Business This Week: Fear, Greed, and Eggs

Who's being chicken about eggs? Plus, cable's last(?) stand, quantum competition, and crypto crime.

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.

IRS Layoffs Could Hurt Revenue Collection and Aid Tax Dodgers

Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after tax dodgers.

Big Business This Week: Guess Who’s Back? Inflation!

President Trump said so! Plus, delivery app duels, Southwest's executive nosedive, and the truth behind Truth Social.

Load More