PE HUB First Read

George Pataki drops out of the presidential race.

KaloBios Pharmaceuticals files for bankruptcy.

China Telecom Chairman Chang Xiaobing resigns days after being detainedin an anti-corruption probe.

Fairchild gets revised offer from Party G.

Turkish police thwart ISIS-planned New Year’s Eve attack.

Apple agrees to pay $348 million to settle tax dispute with Italy.

Spotify is sued for $150 million over alleged unpaid royalties.

Disney is working on a gravity-defying robot that can scale walls.

Foodpanda lays off 15 percent of its staff in India.

Martha Stewart frying pans are recalled for causing welts and burns.

Subscribers Only

CD Capital raises $233 mln for third natural resources fund.

Welsh Carson hits $3 bln target on Fund XII.

Year in Review: Plenty of angels and unicorns were spotted in 2015.

Photo of dog with injured paw courtesy of Shutterstock