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PE HUB Second Opinion

Uber has reportedly lost at least $1.2 billion in the first half of the year.

Tesla gets U.S. antitrust approval to buy SolarCity.

State pension funds are looking at a $1 trillion shortfall in terms of what they owe workers in benefits, says new study.

BuzzFeed names Todd Levy as its new CTO.

SAP is acquiring big data startup Altiscale for over $125 million.

Much maligned price-gouging ex-pharma CEO Martin Shkreli defends EpiPen’s price increase.

The world’s best students are ditching the UK in favor of countries with friendlier student visa policies.

The IRS is extending deadlines for 401(k) rollovers.

Renowned fashion designer Sonia Rykiel dies at 86.

A woman finds a winning lottery ticket worth over $157,000 while cleaning out her handbag.

Photo: An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. Reuters/Kai Pfaffenbach