Knight work
Knight Capital CEO Tom Joyce is poised to collect a $7.5 million retention payment tied to Getco’s acquisition of the firm, according to a government filing.
France flab
France should worry more about the credibility of its efforts to cut back on flab in public finances than whether or not it meets the EU’s target for the budget deficit, the IMF’s mission chief said.
Wells win
Wells Fargo won its bid to throw out a judge’s order that it pay California customers $203 million for manipulating debit-card transactions in an effort to boost overdraft fees.
Gas demand
Gasoline demand in the week ended Dec. 21 fell 5.4 percent from year-ago levels, MasterCard said in its weekly SpendingPulse report.
Grainger
W.W. Grainger, a hardware supply distributor, agreed to pay $70 million to resolve US allegations it submitted false claims under contracts with the General Services Administration and the US Postal Service.