PE HUB First Read

Yahoo CEO Marissa Mayer will resign from the company’s board of directors after its planned $4.8 billion merger with Verizon is completed.

Alphabet Inc is in talks to sell the Skybox Imaging satellite business it acquired for $500 million less than three years ago.

Snapchat has picked London as the home of its international operations.

Blackstone is no longer in talks to buy a $5 billion stake in assets owned by Energy Transfer Partners LP.

Backpage.com abruptly closed its adult advertising section in the U.S. on Monday.

The FDIC says that Bank of America owes them a half billion dollars.

Next Level Apparel challenges Gildan by making a bid for bankrupt American Apparel.

To extend an olive branch to its municipal critics, Uber has unveiled Movement, a stand-alone website it hopes will persuade city planners to consider Uber as part of urban development and transit systems in the future.

Senator Elizabeth Warren and Democrats have introduced a bill to push Trump to divest himself from his wide businesses holdings.

French police arrest 17 in connection with the armed robbery of reality TV star Kim Kardashian in Paris several months ago.

 

Photo: The American Apparel factory headquarters is pictured in Los Angeles, California July 7, 2014. Reuters/Jonathan Alcorn