peHUB First Read

* Meredith Whitney predicts more Wall Street layoffs.

* European shares rebound, while stocks and U.S. index futures rise.

* Oracle to pay Mark Hurd $950,000 a year with a $5 million target bonus for 2011.

* Profiler of Sarah Palin admits error in Vanity Fair article.

* The former co-head of Lehman Brother’s real estate investment arm, Raymond Mikulich, is joining Apollo Global Management.

* Amazon buys Amie Street but  not in a good way.

* Justin Bieber has dedicated servers at Twitter. Seriously.

* Two-thirds of web surfers fall prey to online crime.

* Japan puts $2,400 bounty on monkey terrorizing town.

* BP says no singe factor caused the Gulf spill.