PE HUB First Read

Southeastern Grocers LLC, operator of supermarket chains Winn-Dixie and Bi-Lo, has filed for Chapter 11 bankruptcy protection.

Calm, the meditation app, is raising more than $25 million.

Arizona’s governor orders Uber to suspend testing of autonomous cars in that state indefinitely.

A Foxconn unit is buying Belkin International for $866 million.

GlaxoSmithKline is buying Novartis out of their consumer healthcare joint venture for $13 billion.

Linda Brown, who was at the center of Brown vs. Board of Education, has passed away.

Bitcoin falls seven percent to below $8,000.

Former President Jimmy Carter blasts Trump’s decision to hire John Bolton as national security adviser, calling it a “disaster for our country.”

U.S. banks provide rescue financing for gunmaker Remington.

Cisco commits $50 million to end homelessness in Silicon Valley.

Is $1 trillion the next stop for Microsoft?

 

Photo: A Microsoft logo is seen on an office building in New York City in this July 28, 2015 file photo. Reuters/Mike Segar/Files