PE HUB First Read

Howard Schultz is stepping down as Starbucks CEO to focus on higher-end shops. Chief operating officer Kevin Johnson will take the reins while Schultz remains chairman.

To double its filtration systems business, Parker-Hannifin is buying Clarcor for about $4.3 billion.

AngelList acquires tech site Product Hunt.

President-elect Trump says companies will be punished for leaving the U.S.

Twitter acquires Yes, Inc. and hires founder Keith Coleman as head of product.

Dolly Parton pledges $1,000 a month to families made homeless by Tennessee fires.

Texas County & District sets $2 bln for 2017 private investments.

Apple’s Maps said to get help from fleet of drones.

Chilean and Miami investment manager Alberto Chang-Rajii hit with SEC fraud charges.

The Great 2016 Gilmore Girls backlash.

 

Photo: Howard Schultz CEO of Starbucks poses during an interview with Reuters in Shanghai, April 19, 2012. Reuters/Carlos Barria