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Cigna still doesn't appear to be gung-ho about its proposed merger with Anthem. In a regulatory filing Thursday, Cigna said it will "evaluate its options" after a federal court rules on the merger, even though no decision has been made yet.

Anthem sent a written notice this week asking to extend the deal's deadline to April 30 as the two sides await to hear from a federal judge following a lengthy trial. The Department of Justice sued to block the deal, along with the Aetna-Humana transaction, arguing the health insurance mergers are anticompetitive. The filing is yet another sign of Cigna's lukewarm attitude.

Background: Anthem has pursued its $53 billion acquisition of Cigna since July 2015, and it's been messy from the start. David Cordani, Cigna's chief executive officer, wanted to be the future chief executive officer of the combined company, but was given no such assurances. The legal teams at Anthem and Cigna also have had a contentious relationship, as the Wall Street Journal has outlined.

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Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.