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Cigna wants to buy Express Scripts for billion.Cigna is one of the country's largest health insurers, and Express Scripts is one of America's biggest pharmacy benefits managers, which administer drug plans for more than 266 million Americans with employer and government health insurance.If the deal clears regulators, it would be the latest merger to disrupt the health care industry, which has been under heavy pressure in recent years as the federal government, employers and others attempt to control soaring health care costs. Drug prices, in particular, are a target, and pharmacy benefits managers are key players in that arena since they negotiate rebates from drug manufacturers and discounts from drugstores.The merger could give Cigna more control over drug prices, which is a major issue for insurers. Rival insurer Anthem said last year that it would partner with CVS to start its own prescription drug plan manager. And UnitedHealth already has its own drug benefits manager, OptumRX.Related: UnitedHealthcare will pass along drug discounts to some customersLast December, CVS agreed to buy health insurer Aetna for billion. Albertsons announced plans last month to scoop up what's left of Rite Aid. Walgreens bought the other half of Rite Aid last year for .4 billion.Cigna has been trying to strike a major deal for several years. It called off a billion merger with Anthem last year after a federal judge blocked the deal on antitrust grounds.A federal judge also put a stop last year to Aetna and Humana merging in a billion transaction last year. The Justice Department sued to block both deals.Other players are also looking to enter the health care sector in an effort to rein in costs. In January, Amazon announced it is partnering with Warren Buffett's Berkshire Hathaway and JPMorgan Chase to form a company aimed at saving themselves and their workers money on health insurance.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 2025
Chobani is the latest company this year to raise its minimum wage to an hour.In a press release, Chobani's CEO and Founder Hamdi Ulukaya announced on Monday that the change would happen during the first quarter of 2021."This moment of uncertainty is a call for us to join together to strengthen communities and support those working tirelessly to make the food on the tables of families across America," said Ulukaya in the news release. "Businesses should serve the people and communities in which they operate. Raising our base starting salary is the right thing to do, and we hope other businesses, particularly food manufacturers, feel the same as we all work toward rebuilding our country."The hourly rate increase now results in the yogurt brand's average hourly pay at its manufacturing plants in South Edmeston, New York, and Twin Falls, Idaho, at approximately an hour.The current federal minimum wage is .25 an hour, according to the US Department of Labor.The company said about 70 percent of its employees are paid hourly.Other companies that have raised its minimum wage this year are Target and Hobby Lobby. 1139

CHULA VISTA, Calif. (KGTV) -- A Chula Vista little league is on a quest to become Little League World Champions.The Park View all stars are preparing for the Western Regional Tournament, the last hurdle before the World Series.The team is also moving forward without their manager who was suspended for violating a rule requiring every player to have at least one bat per game.He told 10News it was an unintentional mistake, but his appeal was still denied. The team, however, is in capable hands with their coach, Jorge Camarillo, who led the team to the 2016 World Series."They're resilient, energetic and positive, and they play for one another,” Camarillo said. The first tournament will be held Sunday night at 7:30 on ESPN. 742
CINCINNATI -- Police in North Carolina detained a Cincinnati-bound American Airlines passenger Monday after the man reportedly ran off the plane onto the tarmac and swung a punch at an airport worker, Business Insider reported.While boarding Flight 5466 from Charlotte, North Carolina to Cincinnati on Feb. 26, the man appeared disoriented, according to the report. Another passenger on the plan, Kelly Smekens, told video licensing agency Storyful that airline officials asked the man to leave the flight because of his behavior. She recorded video of what happened next, as did another passenger.Police told Business Insider that the man then ran down to the tarmac, removed his shirt and chased airport employees. Just a typically day in Charlotte Douglas Airport on American Airlines @AmericanAir, where’s United when you need them? @united Do you think we should ban all traffic batons, @realDonaldTrump? @TODAYshow pic.twitter.com/pMsmn5kR1l— Marck (@therealMarck) February 27, 2018 1007
CHULA VISTA, Calif. (KGTV) -- A developer wants to add 300 more units to the Otay Ranch project in Chula Vista, expanding the housing options on the 35 acre site.Baldwin and Sons, the developer behind the project, is asking for public input at a meeting Tuesday night. It's at 6:30 pm at the Residence Inn by Marriott at 2005 Centerpark Road in Chula Vista.Right now, the project, called Otay Ranch, calls for 600 multi-family units, a 2 acre park, 15,000 square feet of commercial retail and two hotels. One of the hotels opened in 2017 and construction on the 292 planned for-sale condos is underway.Now, they want to add 300 units to the plans."There's a real need for housing in this location," says Nick Lee, a spokesman for Baldwin and Sons.Under the original plans, 300 apartments would have been built, with most of them being two or three-bedroom units. The new plans call for 600 apartments, with 65% of them being either studio apartments or one-bedroom units.Lee says this will bring in more young professionals, instead of families with children. That will minmize the impact on nearby schools, which are all near capacity.People who live nearby are more concerned about the traffic problems that will come about with 1000 new homes in the area."It's unbearable," says Michelle Harrison. "I don't think anyone planned for the congestion we already see on a daily basis."Lee says the soon to open South Bay Rapid from MTS will alleviate some of the traffic problems. The apartments are a 5 minute walk to the Otay Ranch Station.He adds the developers have worked with the city and are keeping the project well within the bounds of the General Plan. Also, Lee says an updated Environmental Impact Review showed the additional housing will not create any greater impact on the area than the original plan.Lee says Tuesday's meeting will be important to find out what the people who live nearby want to see in the complex.The company hopes to have final plans approved by the City Council in the start of 2019, so construction can begin as soon as possible. 2079
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