insurance

CVS-Aetna Merger and Healthcare Clinics' Future

CVS-Aetna Merger and Healthcare Clinics' Future

While investors were pitched the multiple benefits of the $69 billion CVS Health Corp (NYSE: CVS) - Aetna Inc (NYSE: AET) merger, the former pitched to its shareholders and the general public that this merger could transform the drugstores owned by ..

Chinese Financial Industry on Thin Ice

Chinese Financial Industry on Thin Ice

In a direct contrast to its economic nationalism and rising protectionism, the Chinese have opened its financial companies to an increased foreign ownership. According to Zhu Guangyo, the Vice Finance Minister, foreign investors can now take a contr..

Insys co-founder Arrested on alleged Nationwide Opioid Scheme

Insys co-founder Arrested on alleged Nationwide Opioid Scheme

Co-Founder of Insys Therapeutics Inc. (NASDAQ: INSY) was arrested on Thursday by federal agents and charged with bribery, racketeering, and fraud to cause the illegal distribution of Fentanyl.John Kapoor was taken into custody in Phoenix, Arizona. K..

Anthem Teams Up with CVS Health

Anthem Teams Up with CVS Health

Anthem Inc (NYSE: ANTM) announced that they will partner with CVS Health Corp (NYSE: CVS) in launching their own pharmacy benefit management company called IngenioRX that will take place in January of 2020. The company’s contract with Express ..

CEO exit cramps SoFi plans for Banking Operations

CEO exit cramps SoFi plans for Banking Operations

Social Finance Inc was all set to make waves in the financial services segment and then its CEO Mike Cagney stepped down from his post. It was expected that the company would soon become a significant lender right until the time when Cagney decided ..

AIG Will Restructure into Three New Business Units

AIG Will Restructure into Three New Business Units

On Monday, American International Group Inc (NYSE: AIG) announced that it will restructure into three new business units and the Commercial and Consumer units will be cut. This is the first major move by new Chief Executive Brian Duperreault, who to..

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

According to a report by CNBC, Apple Inc. (NASDAQ: AAPL) and Aetna Inc. (NYSE: AET) had several secret meetings last week, where the two discussed plans to bring Apple’s smartwatch, which has health and fitness-tracking features to millions of..