Nearly a year-and-a-half after announcing their plans to join forces, Halliburton and Baker Hughes have reportedly called off their $35 billion merger. Serious DOJ reservations about the deal and a wildly changed energy industry landscape since late 2014 are the likely culprits behind the break-up – NYTimes and WSJ and Bloomberg
Hackers made off with $81 million from Bangladesh’s central bank in February as part of a brazen cyber heist, but it’s only just now emerging that they’ve since tried to do the same several times over by sneaking into Swift, the “supersecure” payment network among banks dubbed the “beating heart of the global banking system” – NYTimes
The Journal posits that an improving manufacturing sector could help boost a “lackluster” US economy in a very timely fashion – WSJ
The reach of China’s recent efforts to prop up its slowing economy goes well beyond roads and bridges, according to the Dealbook. How far? Try egg futures. Not nest eggs. Chicken eggs. No lie – NYTimes
The OCC has ordered banks to retain their internal chat/IM records (which have served as potentially damning evidence in recent market rigging cases), even as cybersecurity standards require deletion of such material – Law360
Delaware’s poised to again make good on its “First State” reputation, as the big business HQ center is considering using blockchain technology “to move more of its paperwork to cheaper systems”—a potentially huge move for the tech best known for its role in recording bitcoin transactions – WSJ
It’s all Greek to Puerto Rico these days. The struggling US commonwealth is set to miss a $422 million debt payment today, escalating a fiscal crisis that’s been playing out for months while Congress dithers – WSJ
This weekend’s Fair Game suggests that the recent shake-ups at the top for Valeant may not be the kind of change many are hoping for—at least based on new CEO Joseph Papa’s track record while at Perrigo – NYTimes
Here’s your play-by-play from this weekend’s Buffettapalooza (aka, the Berkshire Hathaway Annual Meeting) – WSJ
It was nerd prom in DC this weekend, and the President seemed to relish his opportunity to get some digs in on both sides of the aisle on his way out the door – C-SPAN