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. Apple: 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.

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