PE HUB First Read

Purdue Pharma, the maker of OxyContin, filed for Chapter 11 bankruptcy protection Sunday night.

New York imposed an statewide “emergency” ban on flavored e-cigarettes .

About half of all capital invested in VC-funded companies exiting over the last decade lost money.

Banks are set to miss out on as much as $280 billion in revenue from their payments operations by 2025, a study says.

Ric Ocasek, lead singer of the rock band The Cars, died Sunday in New York at age 75.

Some 46,000 members of the United Auto Workers went on strike early Monday, walking off General Motors factory floors.

SoftBank plans on buying at least $750 million of shares in WeWork’s impending IPO.

Actress Felicity Huffman was sentenced to two weeks in prison, $30,000 fine for college admissions scandal.

Advent International is set to clinch a $4.99 billion takeover of defense and aerospace group Cobham Plc.

London Stock Exchange rejects Hong Kong‘s $37 billion takeover bid.

MoviePass will shut down for good on Sept. 14.