peHUB First Read

Detroit to officially exit bankruptcy

Lending Club set to debut IPO.

Court overturns two insider-trading convictions.

Cheney says torture report “is full of crap.”

Nick Denton steps down as Gawker president, names seven-person managing board.

Ebay may eliminate thousands of jobs in early 2015.

Social network website use dips in U.K. and U.S., according to a study.

Hilton reportedly in talks to buy four hotels from Blackstone

CalPERS to review private equity benchmark after portfolio lags

Microsoft has added bitcoin as a payment option for a variety of its digital content.

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Great Hill Partners draws $955 million for fifth fund in busy year.

Guardian Life Insurance adds 2 to private equity team.

Fund performance: Emerging market funds show improvement.

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