Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. The deal will face antitrust scrutiny but if it goes through it would dwarf the previous largest insurance deal announced just this week, where Swiss property and casualty giant ACE Ltd announced it was buying Chubb Corp for $28 billion.
KUALA LUMPUR, Malaysia (AP) — Malaysian Prime Minister Najib Razak on Friday denied news reports that nearly $700 million were funneled from an indebted state investment fund into his personal accounts.
Burundi's parliamentary elections on Monday were not fair or free and human rights were violated, the United Nations said on Thursday. In Washington, the State Department said the United States suspended several security assistance programs it had with Burundi. Burundi has been locked in its worst political crisis since its civil war ended a decade ago, with protests erupting in late April against President Pierre Nkurunziza's bid to seek a third term in office.