Business

Business briefs

Defense rests

Lawyers for accused inside-traders Level Global Co-Founder Anthony Chiasson and Ex-Diamondback Fund Manager Todd Newman rested their case. Closing arguments begin today.

Heat is on

The FBI and the SEC are reviewing Steve Cohen’s SAC Capital Advisers’ trades in Intermune, as well as in Weight Watchers, according to a person with knowledge of the matter. The Post reported the Weight Watchers probe Dec. 8.

FB veto

Facebook got fewer than a million votes in a user poll on proposed governance changes, meaning that the social network is likely to proceed with revisions to its data-sharing and member-input policies that privacy advocates had opposed.

McD’s golden

McDonald’s posted a surprise gain in US same-store sales last month after a decline in October. Shares closed at $89.41, up 1.1 percent.

Bank job cuts

Swiss lender Credit Suisse Group plans to cut 120 jobs in New York City as CEO Brady Dougan pursues plans to reduce expenses.