peHUB Second Opinion 07.28

Seth Levine: When seeking investors, beware of the "a**hole" VCs. Isaiah Mustafa: Old spice guy wins and beats challenger Fabio. Apple: iPhone 5 is now coming in the second week of September. Next iPhone will feature thinner, tapered design. Some Hope: Jobless claims fall to three month low, while contracts to buy existing homes rose in June. Patience & Dedication: The freeloaders guide to Facebook. Felix Salmon: The long-term implications of a U.S. downgrade. Earnings: Thomson Reuters Q2 profit jumps 93%. Debt Deal: Reid says he will try to kill House Speaker John Boehner’s debt-ceiling proposal which could lead to a compromise. And, 14 financial chiefs send letter to Obama telling him to get a deal done. So Soon: Spotify, after just entering the U.S. market, gets sued for patent infringement. Update: Cell phones now don't cause cancer.