PE HUB Second Opinion

Trump picks retired three-star general Michael Flynn to be his administration’s national security adviser.

Also, the President-elect reportedly agrees to settle civil fraud lawsuit for Trump University for $25 million.

China’s Alibaba buys into supermarket chain Sanjiang Shopping.

Volkwagen announces it will cut 30,000 jobs as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.

Sesame Street’s VC fund makes its first investment in tutoring app Yup.

Baidu and BMW’s joint self-driving car project comes to a halt.

More than half of the U.S. says they can’t afford to pay over $100 per month for health insurance.

California wants to be the first state in the country since the Civil War to secede.

 

Photo: People look on and photograph the famed Hollywood sign as preparations continue for the 88th Academy Awards in Hollywood, Los Angeles, California, February 26, 2016. Reuters/Carlo Allegri