Friday

March 11, 2016

Armed conflicts and attacks

Insurgency in the Maghreb (2002–present)

The Algerian Army kills three suspected Islamist militants near the eastern city of El Oued and seizes a large quantity of weapons, including six anti-aircraft missiles. (Reuters)

Yemeni Civil War (2015–present)

More than 50 people have died in fighting in the Yemeni city of Taiz. (Al-Arabiya)

Business and economics

American veterans’ nonprofit charity The Wounded Warrior Project board of directors removes chief executive officer Steven Nardizzi and chief operation officer Al Giordano after an independent investigation confirms earlier news reports about lavish spending on employee perks, high overhead, and other perceived malfeasance. (The New York Times)

General Motors acquires Cruise Automation, a three-year old software company that's been testing self-driving cars on the streets of San Francisco. (AP via Business Insider)

Bangladesh Bank money laundering case

Bangladeshi bank officials say unknown hackers installed malware in the bank's computer systems in last month's attempt to steal nearly $1 billion from the central bank's account at the Federal Reserve Bank of New York. (Reuters via Business Insider)