February 26, 2016 (2016-02-26) (Friday)
Armed conflicts and attacks
Business and economics
- Dow Chemical agrees to pay $835 million to settle a decade-long, price-fixing, class-action dispute. Dow states that the uncertainty about the U.S. Supreme Court makeup following Justice Antonin Scalia's death means there is an "increased likelihood for unfavorable outcomes for business involved in class action suits." The urethane chemicals case, from 2005, was against a number of companies; Dow had been the only defendant not to settle. (Reuters) (Reuters via Winnipeg Sun)
- A federal appeals court rules in favor of Samsung on several issues arising out of that company's long-running patent dispute with Apple, overturning a $120 million jury verdict in Apple's favor in 2014. (Reuters)
Disasters and accidents
Health and medicine
International Relations
- Syrian Civil War peace process
- The Syrian cessation of hostilities truce is in effect, as of midnight, Saturday, local Syrian time (10:00 p.m. UTC Friday/5:00 p.m. EST Friday). (Reuters)
- The United Nations Security Council, via resolution 2268, endorses the truce which has been agreed to by nearly 100 rebel factions. The ceasefire does not apply to military actions against terrorist organizations, such as ISIL and Jabhat al-Nusra (al-Qaeda in Syria). (RT) (text via U.S. State Dept.)
- United Nations special envoy Staffan de Mistura says, assuming the ceasefire holds, he will reconvene formal peace talks in Geneva, Switzerland, on Monday, March 7. (The Daily Telegraph)
Law and crime
- Eleven prison inmates are killed in Papua New Guinea while trying to break out of Buimo jail in Lae as part of a 90 person jail break. (BBC)
- Following yesterday's Constitutional Court of Turkey ruling that their rights had been violated, two Turkish journalists, jailed on terrorism charges, are released after 92 days in prison. (AFP via GlobalPost) (Journal of Turkish Weekly)
- A gunman from a rural area near Belfair, Washington (U.S.), kills four members of his family, including two children, and, after a multi-hour standoff with police, also kills himself. A 12-year old girl, who was not shot, is alive. (The Seattle Times)
- The University of California, Berkeley alerts 80,000 people of a cyber-attack on a system that stores Social Security and bank account numbers. There is no evidence the hacker(s) took any personal information. (Reuters)
Politics and election
Science and technology
Sport