Aug 14, 2018 - Economy & Business

Carl Icahn backs down from opposing Cigna-Express Scripts deal

Carl Icahn is backing down. Photo: Adam Jeffery/CNBC/NBCU Photo Bank via Getty Images

Billionaire investor Carl Icahn will no longer try to get shareholders to vote against Cigna's pending takeover of Express Scripts.

Why it matters: So much for that brief spat. Icahn didn't think the battle was worth fighting any more after the two major proxy advisory firms recommended shareholders approve the deal. Icahn's retreat makes it a lot more likely investors will vote for the acquisition, but federal and state antitrust reviews are still pending.

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Dave Lawler
34 mins ago - World

Ethiopia's Nobel Peace laureate cracks down on ethnic violence

The image of a Nobel Peace laureate in military fatigues encapsulates the moment in which Ethiopia finds itself — on the verge of a transition to democracy, a descent into violence or, perhaps, a precarious combination of the two.

Driving the news: At least 166 people were killed after an iconic musician, Haacaaluu Hundeessaa, was murdered last Monday in Addis Ababa, the capital. Prime Minister Abiy Ahmed responded to the violence by sending in troops and shutting off the internet. High-profile opposition leaders were arrested, along with some 2,300 others.

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Orion Rummler
Updated 2 hours ago - Health

Atlanta Mayor Keisha Lance Bottoms tests positive for coronavirus

Atlanta Mayor Keisha Lance Bottoms said on Monday that she has tested positive for the coronavirus after displaying no symptoms.

Why it matters: Bottoms, one of several Black women on the shortlist to be Joe Biden's running mate, has risen to national prominence in recent months as part of mass protests over racism and police brutality — driven in part by the killing of Rayshard Brooks by Atlanta police.

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Axios
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 7:30 p.m. ET: 11,565,541 — Total deaths: 536,658 — Total recoveries — 6,258,697 — Map.
  2. U.S.: Total confirmed cases as of 7:30 p.m. ET: 2,922,000 — Total deaths: 130,208 — Total recoveries: 924,148 — Total tested: 36,032,329 — Map.
  3. Public health: Case growth outpacing testing in hotspots.
  4. States: West Virginia becomes latest state to mandate facial coverings in public.
  5. Politics: Atlanta Mayor Keisha Lance Bottoms tests positive — Cuomo accuses Trump of "enabling" the coronavirus surge — Sen. Chuck Grassley opts out of attending GOP convention over coronavirus concerns.
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