App happy
Apple and Amazon have ended their lawsuit over who has the right to use the “app store” name, clearing the way for both companies to use it.
Ta$ty
HJ Heinz, the world’s largest ketchup maker, said fourth-quarter profit climbed 12 percent ahead of the company’s takeover by Warren Buffett’s Berkshire Hathaway and Jorge Paulo Lemann’s 3G Capital.
Sirius growth
Sirius XM Radio said that the number of people paying for its radio service rose 715,000, to 25 million in the second quarter, and it raised its subscriber expectations for the year by 100,000 to 1.5 million.
Citisale
Citigroup is putting 90 California branch buildings on the market and is seeking more than $300 million, said a person familiar with the sale process.
Ally: No JPM
Ally Financial, the auto lender majority-owned by US taxpayers, dropped JPMorgan Chase from the list of underwriters for its planned initial public offering.