peHUB Second Opinion

Tasty Memories: Sbarro has hired restructuring lawyers and a financial advisers to help it chew through its debt load.

Hiring: Ford plans to add 7,000 to help make electric, hybrid cars.

Cuts: The long-rumored Myspace layoffs are expected to come Tuesday.

Buying the Bunny: Hugh Hefner plans to take Playboy private.

Launching: Steve Jobs expected to join Murdoch to unveil iPad paper, The Daily, this month.

Not Groupon But Its News: Square confirms that it has raised $27.5 million in a round led by Sequoia Capital.

Go Shop Ends: Del Monte didn’t get any other offers and will be sold to KKR-led group.