PE HUB First Read

More Brexit fallout: The pound falls after Bank of England chief Carney hints at a rate cut.

Slowdown in mergers attributed to political uncertainty.

Visa and MasterCard’s $7.25 billion settlement with retailers is thrown out.

Why private equity does not outperform.

Spotify says Apple won’t approve a new version of its app because it doesn’t want competition for Apple Music.

Good news: The ozone layer is finally healing.

Neo-nazis get beat down at a rally in Sacramento.

Government regulators are looking into fatal Tesla crash involving autopilot.

Adnan Syed, made famous in the first season of Serial, is getting a new trial.

Here’s a human catapult – yikes.

Chris Witkowsky contributed to this report. 

Photo: British pounds and Euro banknotes are pictured in a bank at the main train station in Munich, Germany, June 24, 2016 after Britain voted to leave the European Union in the EU Brexit referendum. Reuters/Michaela Rehle