Heath insurance behemoth Cigna has agreed to buy Express Scripts—a “pharmacy benefits manger”—for $67 billion in cash and stock, including assuming $15 billion of its debt. The merger is one of a series of big moves in the industry lately that’s seen as an effort to preemptively defend against Amazon’s move into the healthcare field – NYTimes and WSJ and Bloomberg
The latest on the White House’s tariff plans, which are somehow coalescing and in flux at the same time – NYTimes and WSJ and Bloomberg
Speaking of, if it’s a trade war that the White House wants, well, the EU’s ready with a provisional list of its own to-be-targeted US products – NYTimes and Bloomberg
China, too – NYTimes
All of which means that the “buy the dip” strategy is doing some awfully heavy lifting these days – Bloomberg
Cryptos are falling again after a recent fit of stability on Tuesday’s SEC release of an investor alert highlighting the risks of crypto exchanges and questions about irregularities at the Hong Kong-based exchange Binance mounted – WSJ and Bloomberg and Law360
Yesterday, we looked at Broadcom’s Cfius problem in its Qualcomm bid. Today, we consider another thorny issue altogether—Broadcom’s business tactics. Just ask Western Digital – NYTimes
Marketplace helps us understand why the fall of Toys R Us and other bricks and mortar retailers is only partially about the surge of online retailers and at least as much about PE-injected debt – Marketplace
The SEC’s in-house judges have some academic ammo on their side – Law360
Despite strong US economic indicators, the housing industry is bracing for what’s expected to be a dismal spring of home sales. Here’s what’s up – WSJ
France is putting businesses’ money where the government’s mouth is when it comes to erasing gender pay gaps – Reuters
In an effort to make a play for more of Japan’s ultracompetitive beverage market, Coca-Cola’s charting new territory (or returning to its roots, depending on what kind of buzz we’re talking about) with the introduction of alcopops—a set of “flavored, bubbly drink[s] spiked with alcohol” – NYTimes and WSJ
Horrifyingly, especially for the paranoid and insecure, it turns out that Alexa really is laughing at you, too – TheVerge