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Damien Chazelle in 2014
Damien Chazelle
Armed conflicts and attacks
    • The Islamic State group is hemorrhaging money with every piece of territory it loses, according to a new analysis that found that the group's "business model" is on the path to failure. (Manila Bulletin)
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  • British-Dutch consumer goods company Unilever rejects a US$143 billion takeover from Kraft Heinz, saying the deal had no financial or strategic merit. Nevertheless, Kraft is still interested in finding agreement; it has until March 17 to make a final bid under UK takeover rules. (Reuters)
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  • Storm Dineo kills seven and destroys twenty-thousand homes in Mozambique. (Newsweek)
  • Severe storms in southern California prompt flash flood warnings over most of southern and central California, toppling trees and power lines, and delaying over 300 flights from Los Angeles International Airport. (ABC)
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  • Cigna announces that it has terminated its merger with Anthem, a deal that was blocked by a U.S. federal judge last week. In addition, Cigna sues Anthem for the $1.85 billion reverse termination fee, and for more than $13 billion in additional damages. Anthem says Cigna has no right to terminate the merger, a deal which in January was extended to April 30, 2017. (Bloomberg) (CNBC)
  • Aetna and Humana terminate their proposed merger that had been blocked last month by a U.S. federal judge. Aetna announces it will pay Humana the $1 billion fee for calling off the agreement. (Forbes) (NPR)
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