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PE HUB First Read

Chuck E. Cheese, the restaurant chain owned by Apollo Global, is up for sale.

The FTC has sued Qualcomm for “anticompetitive tactics.”

Deutsche Bank finalized a $7.2 billion settlement with the Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis.

Former President George H.W. Bush has been hospitalized as a precaution after experiencing “shortness of breath.”

American Apparel, just sold to Canada’s Gildan Activewear, has started laying off its staff. 

Mark Zuckerberg wore a suit to testify in court that his virtual reality company, Oculus, wasn’t stolen technology.

Obama commutes most of Chelsea Manning’s 35-year sentence for giving documents to WikiLeaks.

Hewlett Packard Enterprise will acquire cloud software company SimpliVity for $650 million.

Trump’s pick for Commerce Secretary Wilbur Ross, a private equity investor, disclosed assets worth more than $336 million. And that doesn’t capture his net worth.

A startup visa alternative will launch in July.

Sorry Mr. Trump, but the majority of Americans believe that Russians interfered with the election, according to a new poll.
Photo: Signs for Hewlett Packard Enterprise Co. cover the facade of the New York Stock Exchange, November 2, 2015. Reuters /Brendan McDermid