Business

Business briefs

$kin for Dish

Dish Network signed commitment letters yesterday for about $9 billion in financing for its $25.5 billion bid for Sprint, according to a person familiar with the matter.

Dow rebound

Investors recovered their poise after a shaky start with the Dow finishing just 12.67 points lower, after falling as much as 127 points during the first hour of trading.

Apple in a fix

The US can show evidence Apple was part of a conspiracy to raise electronic-book prices, a judge said yesterday. Apple has denied the allegations that it joined with some of the largest publishers to push up prices.

Oh, let’s $ettle

Former Goldman Sachs investment banker Neil Morrison will pay $100,000 to resolve US regulatory claims that he made improper contributions while seeking underwriting business.

Payoff probe

IMF chief Christine Lagarde faced questions yesterday over her role in the $520 million payoff to a controversial businessman when she was France’s finance minister.