Leica to Add Luxury Watches

Leica Camera, the German brand used by famed photographers like Diane Arbus, Henri Cartier-Bresson and Man Ray, plans to add a new category this fall to its array of meticulously made technical items: luxury watches. “We’ve always been dealing with the mechanical construction of outstanding instruments,” said Jérôme Auzanneau, managing director of Ernst Leitz Werkstätten,…

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Merger of Cigna and Express Scripts Gets Approval From Justice Dept.

Federal officials on Monday gave the go-ahead to the proposed merger between Cigna, one of the nation’s largest health insurers, and Express Scripts, a major pharmacy benefit manager. The $52 billion deal, announced last March, is one of two proposed transactions involving pharmacy companies before the Justice Department. Last December, Aetna, another giant insurer, announced…

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