Citigroup Cuts 11,000 Jobs as Revenue Slumps

Citigroup Inc.’s Michael Corbat, who took over as chief executive officer less than two months ago, will cut more than 11,000 jobs and pull back from some emerging markets to drive down costs as revenue dries up at global banks.
Teva Said to Prepare Unsolicited Bid for Mylan
24:54 - Israel’s Teva is said to be preparing an unsolicited offer for rival Mylan. The offer could come as early as today and could be the pharmaceutical industry’s largest takeover attempt this year. Bloomberg’s Elliott Gotkine reports on “Countdown.” (Source: Bloomberg)
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