PE HUB First Read

President Donald Trump will appoint SkyBridge Capital founder Anthony Scaramucci ambassador to the Paris-based Organisation for Economic Co-operation and Development.

Houzz closing $400 mln funding round led by Iconiq that values company at $4 bln.

Saks Fifth Avenue’s owner Hudson’s Bay Company will cut 2,000 jobs in North America.

Softbank to buy robotics firm Boston Dynamics and Schaft from Alphabet.

Andy Rubin’s new hardware startup Essential has reportedly raised $300 million in funding.

General Motors sale of Opel to PSA could be completed by end of July.

Lynn Tilton to testify about demise of Transcare Corp which shut down suddenly last year.

Ear Hustle is a podcast by two guys at San Quentin about life in prison.

Placement agents duke it out in increasingly crowded market.

Uber is in talks to acquire team of car parking startup Luxe.

Photo: Anthony Scaramucci, Skybridge Capital founder and Donald Trump finance committee member, speaks during an interview in New York, U.S., October 6, 2016. Picture taken October 6, 2016. Reuters/Shannon Stapleton