PE HUB Second Opinion

IPO slowdown leads Silicon Valley venture giant New Enterprise Associates to sell $1 billion worth of startup stakes.

Supreme Court strikes down federal law prohibiting sports gambling.

Eli Lilly and Co will buy AurKa Pharma Inc in a deal potentially worth up to $575 million.

Facebook says it has suspended around 200 apps so far as part of data misuse audit.

Sears forms committee to sell in-house appliance brand Kenmore.

Favstar says it will shut down June 19 as a result of Twitter’s API changes for data streams.

A Picasso painting worth $70 million is “accidentally” damaged before auction.

Actress Margot Kidder, best known as Lois Lane in the “Superman” film series of the 1970s and ’80s, dies at 69.

Photo: Women walk past the Sears department store at Fair Oaks Mall in Fairfax, Virginia, in this January 7, 2010 file photo. Reuters/Larry Downing/Files