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PE HUB First Read

Sears falls 30 percent on report that it stopped paying vendors.

Bigger social security checks are in store for 2019 as inflation rises.

NY Times, LA Times decline to attend Saudi Arabia’s Future Investment Initiative event in wake of journalist’s disappearance.

Uber asks SEC to allow it to give equity to drivers.

YC-grad Papa raises $2.4 million for its “grandkids on demand” service.

Gurnet Point Capital, backed by Switzerland’s richest man, agrees to buy Corium International.

Tencent Music will reportedly postpone IPO due to global market sell-off.

Fyre Festival fraudster who targeted status seekers gets six years.

Energy private equity in holding pattern as exits prove difficult.