chris@arsenalvp.com
First Read begins the day with news that U.S. and Mexico are close to a deal in the Nafta car talks, Apple profits leap 32 percent, and Spain's Amadeus IT Group is in talks to buy TravelClick.
Outlier, a provider of automated business analysis, has raised $6.2 million in Series A financing. Ridge Ventures led the round with participation from other investors that included 11.2 Capital, First Round Capital, Homebrew, Susa Ventures and SV Angel. As part of the round, Alex Rosen, Ridge Ventures co-founder and managing drector and Homebrew Partner Satya Patel will join the Outlier's board of directors.
Second Opinion closes out the week with news that EchoStar drops a $3.2 billion bid for British rival Inmarsat, Twitter locks out users suspected of signing up as preteens for over a month and a NYSE executive joins the Winklevoss twins' bitcoin firm.
First Read ends the week with news that China's ZTE names a new CEO, EPA chief Scott Pruitt resigns amid a wave of scandals and Netflix to end system allowing users to read and write reviews of content.
In Second Opinion, Boeing and Brazil's Embraer form a $4.75 billion commercial jet venture, doubts grow that the Aramco IPO will happen and the casting of Scarlett Johansson as a transgender man in an upcoming movie is unleashing a storm of criticism.
First Read begins the day with news that Google is setting rules to curtain employee debates, Chipotle is closing 65 underperforming restaurants, and Walmart has rolled out 3D virtual online shopping.
In Second Opinion, Royal Caribbean Cruises is taking a majority stake in Silversea Cruises for about $1 billion, Rolls-Royce is cutting 4,600 jobs and the New York Attorney General is suing the Trump Foundation, the President and his family for illegal conduct.
Second Opinion wraps up the week with news that Airbnb forms a $10 million fund to cover cancelled reservations in Japan after a change in that country's law, Verizon names a new CEO and Anthony Bourdain, the popular chef and host of CNN's "Parts Unknown" is dead at 61 of an apparent suicide.
GLMX has raised $20 million in financing and updated its high-tech platform for trading repurchase agreements and secured lending to help clients comply with new regulatory reporting requirements, the company said on Thursday.
JR Automation, which is owned by Crestview Partners, has acquired Doerfer Corp's automation systems group. No financial terms were disclosed. Doerfer Corp's automation systems group is comprised of Advanced Automation, Wright Industries, FSA Systemes D'Assemblage, FSA Romania, PSB Technologies and equity stakes in Beijing BYJC-Fabricom Assembly Line Co. Ltd.