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

March 8, 2018
Updated 4mo ago

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.