Business

Business briefs

Marts

US stocks mostly rose as growth in manufacturing provided more evidence that the economy may be picking up. The Dow Jones industrial average closed up 77.98 points to 13,515.11.

Snoopy sales

MetLife is turning to Walmart and Snoopy to boost sales of its policies to less-affluent consumers. Shoppers can buy a package adorned with an image of the iconic comic-strip beagle that offers as much as $25,000 of coverage for one year.

AmEx

American Express will pay $112.5 million to settle claims it violated consumer safeguards from marketing to collections in products sold to about 250,000 customers.

IndyMac deal

Michael Perry, the former CEO of failed mortgage lender IndyMac has agreed to pay $80,000 to resolve the remaining parts of a securities fraud case against him.

More Madoff

Five longtime employees of Bernard Madoff’s former investment firm face new charges related to the jailed con man’s Ponzi scheme beginning in the 1970s.