Stock bounce
US stocks finished up more than 1 percent yesterday despite a two-minute mini-crash due to a false AP news tweet, with good results from DuPont, Travelers and Netflix.
Rich richer
The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent, according to Pew Research.
Cordray ban
Consumer Financial Protection Bureau Director Richard Cordray is barred from testifying before the House Financial Services Com- mittee until he is confirmed by the Senate.
DIY testing
The FAA let Boeing write the safety conditions for the problematic battery system in its 787, prescribe how to test it and carry out those tests itself, according to testimony at an NTSB hearing.
Staying put
Marc Lasry, who was reported to be in the running for US ambassador to France, will stay as co-head of Avenue Capital Group. Lasry, Avenue’s chairman and CEO, founded it with his sister 18 years ago.