Scoops & Analysis

PE HUB Second Opinion

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Car Crash, Google Self-Driving Cars
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Valeant says it’s under investigation by the SEC.

 

Argentina agrees to pay four “holdout” hedge fund creditors $4.65 billion, ending a 15-year battle.

Blackstone’s Stephen Schwarzman collected $799.2 million in 2015.

Goldman Sachs names Pete Lyon and David Ludwig to co-head equity capital markets, Reuters reports.

Chinese investor GO Scale Capital is said to bid for Philips’ lighting division, Bloomberg reports.

The Pentagon is seeking $34.7 billion over five years to beef up cybersecurity.

Google’s self-driving car gets into a minor accident with a public transit bus in California.

China’s central bank cuts reserve requirements for lenders in a move that threatens downward pressure on currency.

 

Mideast online retailer Souq.com raises $275 million in the largest-ever fundraising in the region’s e-commerce space.

Libya will need American help to defeat Islamic State, says the commander of U.S. special-operations forces in Africa.

Goldman Sachs puts worker linked to Donald Trump on leave.

Here’s the $16 million offer letter Yahoo sent to poach Lisa Utzschneider, its chief revenue officer, from Amazon.

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