District of Columbia (Washington) News

U.S. antitrust enforcers roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into just three. The Justice Department filed an antitrust lawsuit to stop Anthem Inc.’s merger with Cigna Corp. in federal court …

The U.S. properly labeled MetLife Inc. as “too big to fail,” the government said, arguing to overturn a ruling that dealt a major blow to efforts to rein in risk in the financial system. A federal judge “was profoundly mistaken” …