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PE HUB First Read

Intel is buying Movidius, which makes vision chips for drones and virtual reality.

Apple is expected to unveil its new iPhone 7 at the Sept. 7 event.

Avolon Holdings is near buying CIT’s aircraft leasing assets.

Phyllis Schlafly, a conservative activist who almost single-handedly stopping the passage of the Equal Rights Amendment in the 1970s and who helped move the Republican Party toward the right on family and religious issues, has died.

Samsung recalls millions of Galaxy Note 7 smartphones after reports of exploding batteries.

Nexstar wins U.S. antitrust approval to merge with Media General.

Venus Williams is out of the U.S. Open but Serena sets an all-time Grand Slam record.

Daimler begins testing smart car trunk delivery service with DHL.

IKEA is opening a DIY restaurant but you’ll still have to cook your own dinner.

Oxford accepts the highest number of state school students in 40 years.

 

Photo: A model poses for photographs with a Galaxy Note 7 new smartphone during its launching ceremony in Seoul, South Korea, August 11, 2016. Reuters/Kim Hong-Ji