PE HUB First Read

Mutual funds are cutting the value of their startup investments at a faster pace and making fewer new investments.

Snapchat raises $175 million from Fidelity at a flat valuation.

Stephen Curry launches startup to help professional athletes run their social media platforms.

AMC Entertainment agrees to buy Carmike Cinemas in a $1.1 billion deal, forming the world’s largest theater chain.

North Korea leader Kim Jong Un tells military to be ready to use nuclear weapons.

After 12 years and $3.9 billion, the World Trade Center transit hub opened (partially) on Thursday.

Yahoo considers bundling Yahoo Japan with its core business.

Clinton’s tax plan would raise taxes on high-income households by $1.1 trillion over 10 years, according to a study.

JPMorgan unveils ‘Juno’ prototype at hyperledger blockchain meeting.

Samsonite agrees to buy competitor Tumi for about $1.8 billion.

Retired soccer player Brandi Chastain agrees to donate her brain to science.

Photo the World Trade Center Transportation Hub courtesy of Reuters/Mike Segar