Citi's profit slump, Cynk's story gets weirder, iWatch sales potential

THE FORTUNE DAILY Monday, July 14

Meet the lawyer behind Wall Street's most bizarre social media "success" Cynk Technologies' wild 25,000% rise may be even wilder than Wall Street already thinks.

WATCH: Kickstarter's weirdest winners A potato salad Kickstarter campaign has been making headlines for making thousands of dollars and surpassing their $10 goal. Here's a look at other weird Kickstarter campaigns that were a huge success.

AbbVie starts talks with Shire after raising bid to $53.6 billion Chicago-based pharma company finally wins over U.K.-based rare disease specialist.

Whiting becomes largest Bakken shale producer with $6 billion Kodiak purchase Two Denver-based independents team up to become the largest oil producer in the Bakken shale.

Citi's profit slumps 96% on mortgage settlement costs Justice Department chalks up another one in its slow reckoning with Wall Street over the 2008 financial crisis.

By Ben Geier iPhones and German surges: 4 things to know today Here is what to know in the world of business today.

By Benjamin Snyder Want to snap a perfect photo? Bring in the drones Drones can now be used to help photographers get the perfect lighting.

By Philip Elmer-DeWitt Morgan Stanley: Apple could sell 30-60 million iWatches in the first year Apple's ecosystem, says Katy Huberty, may be stickier than most investors think.

Samsung distances itself from supplier after new child labor uproar

Amazon: Friendly giant or unstoppable bully?

Chinese TV threw Apple a slow curve on privacy

Two bad Samsung ads

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