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PE HUB First Read

Formula One faces a big shake up after Liberty Media deal.

Private equity saves the world’s wealthy, a study finds.

The new jet black iPhone 7 will scratch easy so get a case.

Tesla gets a $300 mln credit line from Deutsche Bank.

Sony unveils PlayStation 4 Pro.

Mexico’s finance minister resigns after Trump’s visit.

U.S. stocks hold record high as dollar rebounds and oil climbs.

$2 million worth of jewelery was stolen from Drake’s tour bus in Phoenix.

Apple’s Tim Cook does Carpool Karaoke with the The Late Late Show’s James Corden.

Ryan Lochte will be suspended from his sport for 10 months and will not be allowed to participate in the 2017 world championship meet.

 

Photo: David Bonderman, Founding Partner, TPG Capital takes part in a panel discussion titled “Chinese Market Culture: How Well Can You Know a Company?” at the Milken Institute Global Conference in Beverly Hills, California May 1, 2013. Reuters/Gus Ruelas