J. Michael Pearson stepped down amid a series of investigations into Valeant’s business practices. Related posts: Fed says Oil and Gas Drilling Investment Has Declined; related Layoffs reported in Multiple Districts Australia Apr Employment* Decrease to -2.9 K (fcast 5.0 K) Vs Prev 37.7 K Rba Board Clarifies Guidance and Appears to Confirm Soft Easing Bias New Zealand ANZ Business Confidence: 15.7 (April) vs previous 30.2 Post navigation GLOBAL MARKETS-Treasury yields rise on spending data, dollar gains European stocks blow their winning streak on the last day of May