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Carl Icahn backs down from opposing Cigna-Express Scripts deal

Carl Icahn is backing down. Photo: Adam Jeffery/CNBC/NBCU Photo Bank via Getty Images

Billionaire investor Carl Icahn will no longer try to get shareholders to vote against Cigna's pending takeover of Express Scripts.

Why it matters: So much for that brief spat. Icahn didn't think the battle was worth fighting any more after the two major proxy advisory firms recommended shareholders approve the deal. Icahn's retreat makes it a lot more likely investors will vote for the acquisition, but federal and state antitrust reviews are still pending.

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Orion Rummler
58 mins ago - Politics & Policy

DOJ watchdog to probe whether officials sought to alter election results

Former President Donald Trump and former First Lady Melania Trump exit Air Force One in West Palm Beach, Florida, on Jan. 20. Photo: Alex Edelman/AFP via Getty Images

The Justice Department's inspector general will investigate whether any current or former DOJ officials "engaged in an improper attempt to have DOJ seek to alter the outcome" of the 2020 election, the agency announced Monday.

Driving the news: The investigation comes in the wake of a New York Times report that alleged that Jeffrey Clark, the head of DOJ's civil division, had plotted with President Trump to oust acting Attorney General Jeffery Rosen in a scheme to overturn the election results in Georgia.

Go deeper (1 min. read)Arrow
Axios
2 hours ago - Podcasts

Google's chief health officer Karen DeSalvo on vaccinating America

Google on Monday became the latest Big Tech company to get involved with COVID-19 vaccinations. Not just by doing things like incorporating vaccination sites into its maps, but by helping to turn some of its offices and parking lots into vaccination sites.

Axios Re:Cap goes deeper into what Google is doing, and why now, with Dr. Karen DeSalvo, Google's chief health officer who previously worked at HHS and as health commissioner for New Orleans.

Orion Rummler
2 hours ago - Politics & Policy

Biden signs order overturning Trump's transgender military ban

Photo: Tom Brenner/Getty Images

President Biden signed an executive order on Monday overturning the Trump administration's ban on transgender Americans serving in the military.

Why it matters: The ban, which allowed the military to bar openly transgender recruits and discharge people for not living as their sex assigned at birth, affected up to 15,000 service members, according to tallies from the National Center for Transgender Equality and Transgender American Veterans Association.

Go deeper (2 min. read)Arrow