PE HUB First Read

Macy’s sounds a holiday alarm and retailers brace for heavy discounting.

Putin orders “open” inquiry into Russia athletics‘ doping claims.

Apple and banks are in talks to develop a mobile person-to-person payment service, a rival to PayPal’s Venmo.

Angie’s List rebuffs IAC bid to acquire it for $8.75 per share, stock jumps more than 11 percent.

Lenovo posted its first loss in six years following major restructuring.

Students across U.S. are reportedly set to march in protest over debt and rally for tuition-free.

Is GE finally turning around? Stock hits seven-year high.

Utah judge takes baby away from lesbian foster parents, says kids “do better” in heterosexual homes.

More young women are living with their parents, putting off marriage and attending college at a rate not seen since 1940, says new study.

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First Reserve private equity co-head leaves firm.

Midwest-focused Mason Wells targets $550 mln for fourth fund.

AngelList backer Maven Ventures files to raise $20 mln for sophomore seed fund.

Photo of payment transaction with smartphone courtesy of Shutterstock.