S&P record
Technology companies led the Standard & Poor’s 500 index to an all-time closing high yesterday. The stock market has recovered all the ground it lost over the previous two weeks.
B’Berry up
BlackBerry climbed to its highest level in more than a month after Jefferies Group said sales of its new Q10 model that features a physical keyboard began well in the UK.
Bank checks
Goldman Sachs and Morgan Stanley will start sending checks this week to borrowers foreclosed on by the banks’ former mortgage-servicing units, according to the Federal Reserve.
TWC’s CFO
Time Warner Cable has hired former AOL COO Arthur Minson as chief financial officer, replacing Irene Esteves, who is departing the company.
Correction
Michael Ferran, the owner of Southampton’s Barrister’s Restaurant, is not in talks to sell the eatery or any other asset to Zach Erdem. This information was incorrectly reported in a story on page 30 on April 22.