Giant $48 Billion Health Insurance Merger Is Blocked by U.S. Court

A court says the merger between Anthem and Cigna would harm consumers by resulting in fewer choices and higher costs.

A court says the merger between Anthem (ANTM) and Cigna (CI) would harm consumers by resulting in fewer choices and higher costs. The troubled merger would have been one of the largest deals in any industry, and was worth $48 billion.

Recently, regulators also stopped the health insurance merger between Humana (HUM) and Aetna (AET) .

Executives in the aviation industry will meet with President Donald Trump today. The CEOs of Delta (DAL) , United (UAL) , Southwest (LUV) , JetBlue (JBLU) and Alaska Airlines (ALK) will attend. They are expected to discuss the aging infrastructure of airports, as well as taxes and regulations.

A winter storm is threatening to drop a foot of snow across the Northeast. Many flights have been cancelled and many public schools are closed. The storm could limit trading volume on Wall Street.