peHUB First Read

* BP says spill has cost them $8 billion. * Japan bonds fall, while Asian and European stocks rose as a surprisingly positive increase in pending U.S. home sale. * God didn't create the Universe, says theoretical physicist Stephen Hawking. * Burkle appeals Barnes & Noble poison pill ruling. * Steve Rattner's new tell-all book says President Obama didn't think much of Detroit before bailing out GM and Chrysler. * Och-Ziff assets rise by $200 million. * Media picture lacks clarity on Candover, according to unquote.com * Because it's Friday and we're heading into a holiday weekend, here's Carrie the dancing Merengue Dog. Baila!