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PE HUB First Read

First Read ushers in your morning with news that Shell will be cutting 6,500 jobs after posting a sharp drop in profits, Baidu is planning a $1 billion buyback to bolster its declining stock price and India will have more people than China by 2022.

Fans of the U.S. women's soccer team cheer as members of the team take part in a ticker tape parade to celebrate their World Cup final win over Japan on Sunday, in New York, July 10, 2015. REUTERS/Lucas Jackson
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PE HUB Second Opinion

In Second Opinion, OPM Director Katherine Archuleta steps down after massive personnel data hack, Federal Reserve Chair Janet Yellen says an interest rate hike is coming later in the year and the champion U.S. women’s soccer team gets a ticker tape parade in New York City.

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peHUB First Read

First Read ushers in your morning with news that Shell receives a $529 million offer for French LPG business from DCC, property management software AppFolio files for IPO and flying cars could be ready for takeoff in 2017.

Shell To Invest Several Hundred Million In Emerging Tech Companies

Shell said it will invest several hundred million dollars in emerging technology companies over six to eight years with the goal of finding innovations useful to the company’s operations. Target technologies include smarter exploration processes and enhanced extraction techniques. Shell’s corporate venturing arm, Shell Technology Ventures, will make investments.

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