peHUB First Read

Obama to nominate Pentagon veteran Ashton Carter as Defense Secretary

Even with a saturated market, Starbucks plans on launching a high-end chain removed from its mass market cousin.

JPMorgan continues run as top ranked investment bank.

Private equity is top choice of young Wall Street bankers.

Carrier-neutral internet data service 21Vianet raises $296 million from Kingsoft, Xiaomi, and Temasek.

Amazon gets into the diaper business.

Microsoft sells its stake in Nook back to Barnes & Noble, losing $238 million in the process.

Thousands across USA protest NYC chokehold death.

Sears to accelerate closings, will shutter 235 stores

A court rules that chimpanzees are not people and therefore not entitled to legal rights.

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Low oil prices chill deal-making, capital raising.

Vista CEO tells female general partners to “lean in.”

Verizon Ventures goes mobile.

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