Business

Business briefs

Iger pay

Walt Disney CEO Bob Iger collected $40.2 million in total compensation in the last fiscal year, based on regulatory reporting rules, a 20 percent increase.

GM share sale

The Treasury Dept. chose Citigroup and JPMorgan Chase to manage the sale of its shares in General Motors.

RIM rises

Research In Motion climbed 6.2 percent to $15.84 after Jefferies analyst Peter Misek said the company may be able to retain more corporate customers because its new BlackBerry 10 secure e-mail will be available on smartphones that run Apple iOS and Google Android software.

HSBC settles

HSBC Holdings has agreed to a $249 million accord to settle claims of improper foreclosures, joining 12 other mortgage servicers in a deal that now exceeds $9 billion, according to banking regulators.

Dreamliner

Boeing will suspend deliveries of its grounded 787 Dreamliner while working to meet a Federal Aviation Administration directive to ensure that the plane’s lithium-ion batteries are safe.