Jan 12, 2017

Cigna drops costly EpiPen

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The insurer announced today it is only going to cover the generic version which costs half as much as one made by Mylan.

Context: Cigna's move follows a string of health industry reactions to limit prices after Trump's statements that drug companies charge too much.

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Your best defense against coronavirus

Photo: Adrian Greeman/Construction Photography/Avalon/Getty Images

Washing your hands is the best way to protect against the novel coronavirus, according to doctors and health officials, as the virus continues to spread around the globe.

Why it matters: Clean hands can stop germs from spreading in a community, a known characteristic in COVID-19 and influenza.

Go deeperArrow26 mins ago - Health

Major League Soccer embarks on its 25th season

Illustration: Aïda Amer/Axios

As Major League Soccer begins its 25th season, the league is financially stable and surging in popularity, and its 26 teams have gorgeous facilities and rapidly increasing valuations.

  • It also continues to expand, with David Beckham's Inter Miami and Nashville SC set to debut this season as the 25th and 26th teams. Plans are in place to reach 30 franchises by 2022 — triple the number from 2004.

Wall Street falls 3% as coronavirus correction worsens

raders work on the floor of the New York Stock Exchange. Photo: Scott Heins/Getty Images

Stocks fell more than 3% on Friday morning, pushing stocks further into correction territory.

Why it matters: It continues the ugly stretch for Wall Street that began after a spike in coronavirus cases around the world. The S&P is 15% below its recent peak, edging closer to the mark that would technically end the market’s decade-long rally.

Go deeper: The growing coronavirus recession threat