PE HUB Second Opinion

Obama chooses centrist Merrick Garland for Supreme Court.

LivingSocial lays off 280 people, over 50 percent of its staff, and outsources customer services.

Jose Cuervo, the world’s biggest tequila producer, has started talking with banks about an IPO in Mexico.

Britain is putting a sugar tax on soft drinks.

Fox News cancels the next Republican debate after Trump and Kasich back out.

CBS is exploring a sale or spinoff of its radio business.

The Fed holds interest rates steady; two quarter-point hikes are expected by the year’s end.

Health care startup Oscar hires veteran Google engineering VP as its tech lead.

Sanofi signs deal worth up to $2.3 billion with DiCE Molecules in an attempt to find new oral medicines to replace injections for certain diseases.

Verizon acquires video capture company Volicon.

Former Paulson & Co partner Kamensky secures backing from Bain Capital co-founder for his new hedge fund.

Google’s new mobile search algorithm update makes it even more important to have a mobile-friendly site.

Hedge fund Bridgewater struggles with succession as founder rethinks exit plan.

Shares of Caesars Entertainment tumble after an investigation find’s the company could face billions of dollars in potential damages related to the bankruptcy of its operating unit.

 

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