Aig sale
Uncle Sam plans to unload $18 billion of American International Group stock, cutting its stake by more than half and making the government a minority shareholder for the first time since 2008.
French roast
French President Francois Hollande said France’s economy will expand by only about 0.8 percent in 2013, and his government will set up a two-year plan to fix the situation.
Sunday style
JCPenney, in the midst of reinventing itself, said it will make its free-haircuts-for-kids program offer permanent every Sunday, starting Nov. 4, after 1.6 million kids got free haircuts in August.
Hedging
Hedge funds raised bullish commodity bets by 2.3 percent, the highest in 16 months, in the week ended Sept. 4.
Greek speak
The leaders of the three parties in Greece’s coalition government failed to agree yesterday on a $14.7 billion package of spending cuts the prime minister called crucial to restoring the country’s financial credibility and sustaining its bailout funding. The three will meet again Wednesday.