FORTUNE -- The year-to-date level of announced M&A activity in the health care sector is at its highest level since Thomson Reuters (TRI) began tracking such deals in 1980, hitting $153.5 billion. Approximately 71% of that volume is in the pharmaceutical sector, followed by health care equipment and technology.
If this isn't something you really saw coming, that's probably because around $88.1 billion of that $153.5 billion came just this week. Namely from four transactions:
Goldman Sachs (GS) is the year's top advisor so far on health care M&A, having worked on the Allergan, Novartis Animal Health and Biomet transactions.
Sign up for Dan Primack's daily email newsletter on deals and deal-makers: GetTermSheet.com
No. 1 U.S. automaker reports its worst quarterly results since emerging from bankruptcy.
By Doron Levin
FORTUNE -- General Motors (GM) posted a scant $125 million first-quarter profit Thursday, an 86% drop from its profit in the same quarter one year ago, as its earnings were dented by the massive cost of a ignition-switch recall crisis, as well as losses overseas.
It was GM's worst quarterly result since emerging from bankruptcy.
The No. 1 U.S. automaker MOREApr 24, 2014 12:18 PM ET
A bill before Congress would eliminate a requirement that almost all public companies release earnings in an openly accessible, machine-readable format called XBRL.
By Ethan Rouen
FORTUNE -- It was supposed to be the great democratizer in financial information.
Without a pricey subscription to a data service like Bloomberg or Capital IQ, with eXtensible Business Reporting Language (XBRL), even the smallest investor would be able to access and analyze company financial results the instant they MOREApr 24, 2014 12:05 PM ET
VC valuations for enterprise tech startups have been rising for years. But things are beginning to change.
FORTUNE -- The private markets typically follow the public markets on the way up, and also follow them on the way down. And that seems to be what we're seeing when it comes to venture capital deals for enterprise software companies.
Take a look at the recent stock performance of some of VC-backed enterprise software companies MOREDan Primack - Apr 24, 2014 11:42 AM ET
Russia seems undeterred by sanctions, and the latest efforts to create a truce are failing.
By Robert Kahn
FORTUNE -- As the crisis in Ukraine intensified on Thursday with the reported deaths of up to five pro-Russian militants, it's obvious the Obama administration's economic strategy for supporting Ukraine isn't working.
Mild economic sanctions, coupled with the threat of more to come, are imposing an economic price on Russia, but it's not enough to MOREApr 24, 2014 10:41 AM ET
To get deals in your inbox each morning, sign up for our Term Sheet newsletterVenture Capital Deals
Crispr Therapeutics, a Swiss developer of gene-editing technology, has raised $25 million in Series A funding from Versant Ventures. www.crisprtx.com ShopKeep POS, a New York-based provider of cloud-based point-of-sale solutions for retailers,, has raised $25 million in Series C funding. Thayer Street Partners led the round, and was joined by return backers Canaan Partners, TTV Capital and Tribeca Venture Partners. www.shopkeep.com Bitmoon MOREDan Primack - Apr 24, 2014 10:35 AM ET
Apple is doing something Tim Cook once said "does nothing."
FORTUNE -- Apple (AAPL) just announced that it will do a 7-1 stock split, alongside an increased dividend (to 8%) and an increased stock buyback (from $60 billion to $90 billion).
Who could object to such a thing? Well, except for a past incarnation of Apple CEO Tim Cook.
During a shareholder meeting in February 2012, Cook was asked about why Apple wasn't doing MOREDan Primack - Apr 23, 2014 4:52 PM ET
Coca-Cola's controversial executive compensation plan passed at Coke's annual meeting, but without Buffett's help.
FORTUNE -- Warren Buffett called Coca-Cola's (KO) controversial compensation plan excessive, but said he declined to vote against it.
The plan -- which will pay Coke managers generously with shares of the company if they achieve specific performance goals -- passed on Wednesday at Coke's annual meeting, but without Buffett's help. Buffett said he abstained in the vote. Berkshire Hathaway (BRKA), Buffett's insurance MOREStephen Gandel, senior editor - Apr 23, 2014 4:22 PM ET
Zynga founder and former CEO steps down from operational role.
FORTUNE -- Zynga Inc. (ZNGA) founder Mark Pincus is stepping down from an operational role at the social game-maker, nearly one year after turning over the CEO reigns to former Microsoft (MSFT) executive Don Mattrick.
Pincus had been serving as chief product officer, and will continue to serve as chairman of Zynga's board of directors.
In an interview with Re/Code, Pincus said that he plans to continue MOREDan Primack - Apr 23, 2014 4:12 PM ET
Many U.S. states are approaching the start of fiscal 2015 in better financial health than at any other point since the start of the Great Recession, but headwinds remain for some.
By Gabe Petek
FORTUNE -- The economist John Maynard Keynes once said, "The boom, not the slump, is the time for austerity."
Though it's hard to imagine using the word "boom" for America's slow, often painful economic recovery, Keynes' insight has MOREApr 23, 2014 1:14 PM ET
|GM's $1.3 billion recall cost wipes out profit|
|Will 7 Apples a day keep the bears away? - The Buzz|
|Taxpayers are subsidizing CEO pay - The Buzz|
|Regulators pave way for Internet "fast lane" with net neutrality rules|
|Postal workers to protest at Staples|