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The Wall Street Journal reports that Walmart Inc. could potentially be buying Humana Inc., though nothing is finalized and it isn't clear what terms they're discussing.
Why it matters: Per the Journal, if the deal went through it could "transform Walmart overnight into one of the nation's largest health insurers." Humana is valued at $37 billion currently, while Walmart sits at $260 billion.
Consumers are adopting stand-alone broadband services at a much higher rate than just two years ago, and analysts predict that the economic downturn prompted by the COVID-19 outbreak will accelerate the trend.
Why it matters: With a recession looming, consumers may look to cut pay TV service in favor of more robust standalone internet packages once they're free to leave their homes.
Illustration: Aïda Amer/Axios
Morgues, funeral homes and cemeteries in hot spots across America cannot keep up with the staggering death toll of the coronavirus pandemic.
Why it matters: The U.S. has seen more than 10,000 deaths from the virus, and at least tens of thousands more lives are projected to be lost. The numbers are creating unprecedented bottlenecks in the funeral industry — and social distancing is changing the way the families say goodbye to their loved ones.
Image from a memo to President Trump
In late January, President Trump's economic adviser Peter Navarro warned his White House colleagues the novel coronavirus could take more than half a million American lives and cost close to $6 trillion, according to memos obtained by Axios.
The state of play: By late February, Navarro was even more alarmed, and he warned his colleagues, in another memo, that up to two million Americans could die of the virus.