Cameron's Mea Culpa; Valeant Contempt Threat: Saturday Wrap

  • Belgium says `man in the hat' airport bomber confesses
  • Cruz works ground game to whip Trump at Colorado convention

Here are highlights of Saturday’s top breaking news stories from around the world:

U.K. Prime Minister David Cameron released his tax returns after continuing his mea-culpa tour over revelations of his family’s Panamanian trust, as protesters gathered outside 10 Downing Street demanding he crack down on tax evasion.

The lawyer for Valeant CEO Michael Pearson said his client refused to comply with a U.S. Senate subpoena to sit for a deposition in a drug pricing investigation because the committee was on a fishing expedition and Pearson was too busy to prepare. The senators leading the probe threatened to find the CEO in contempt of Congress. Pearson plans to testify at an April 27 hearing of the committee.

Belgian authorities said they’re now sure they finally have the “man in the hat” from the Brussels airport bombing security video because he confessed.

U.S. Senator Bernie Sanders, as expected, won Wyoming’s Democratic presidential primary. It was a pittance of a prize, especially since he didn’t close the delegate gap by even one, but the victory allows the self-described democratic socialist to claim he still has the momentum against Hillary Clinton heading into the all-important New York primary.

Senator Ted Cruz, working the ground game, outgunned Donald Trump to secure most if not all of the delegates in Colorado’s byzantine selection convention for Republicans.

Hedge fund manager Eddie Lampert is borrowing another $500 million to help keep Sears pulsing for a while longer, partly backed by the investment firm that manages Bill Gates’ fortune.

Treasury, central bank and banking executives in Italy plan to meet Monday to create a fund to invest in bank recapitalizations and help deal with bad loans.

Puerto Rico’s governor declared an emergency that will help keep the U.S. commonwealth’s Government Development Bank operating, while not suspending the bank’s $422 million in debt payments due May 1.

The English Premier League’s Swansea City soccer club is about to be sold to a group of U.S. investors including Oaktree Capital Management co-founder Steve Kaplan.

The first phase of impeachment proceedings against Brazil President Dilma Rousseff is on track to start Monday after an all-night lower house session.

Before it's here, it's on the Bloomberg Terminal.