Federal judge swats Aetna-Humana insurer combo

A federal judge has rejected health insurer Aetna’s bid to buy rival Humana on grounds that the deal would hurt competition in hundreds of Medicare Advantage markets, ultimately affecting the price consumers pay for coverage. U.S. District Judge John Bates said in an opinion filed Monday that federal regulation would probably be “insufficient to prevent… Read More »

Juicy domestic apparel market

FACING tough competition in the overseas markets, Punjab’s textiles and clothing exporters are increasing their exposure to the buoyant domestic apparel market with a promising future — particularly for women clothing — by investing heavily in retail outlets. Many of them expect not only to make significant profits, but also anchor the textile industry in… Read More »