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Teva makes $40B bid for Mylan

The bid comes after weeks of speculation that Teva, the world's largest generic company, would make a bid for Mylan.
Source: Reuters
The surprising reason banks are seeing talent flee

Several high-ranking bankers have left their jobs at major investment banks in the last 13 months amid a surge in U.S. health care deal activity.
Source: Reuters
Hedge fund machines cash in-again

Hedge funds that catch macroeconomic trends using algorithms made a killing in the first quarter, besting other investing styles.
Source: CNBC.com | By: Lawrence Delevingne