peHUB First Read

Murdoch Moves Forward: The British government cleared the way for Rupert Murdoch’s planned takeover of British pay television company, British Sky Broadcasting.

Family (Billions of) Dollars: The discount retailer Family Dollar Stores has rejected a $7 billion takeover bid for being too low.

The Oracle of Omaha: Even Warren Buffet makes mistakes

Mortgage Mess: Regulators can’t agree on penalties for banks involved in the mortgage meltdown.

: Deconstructing the iPad 2.

Gossip: Despite rumors, Twitter co-founder Biz Stone says the company is neither planning a fundraising or an I.P.O.

Crime and Punishment: A Goldman Sachs programmer is facing eight-to-ten years in prison for stealing the bank’s computer code.