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Breaking News

Trump's attorney general pick Matt Gaetz withdraws from consideration
Business

Business briefs

By
Post Staff Report
Published Nov. 17, 2010, 5:00 a.m. ET

Calello dies

Paul Calello, chair man and former CEO of Credit Suisse’s invest ment bank who won plaudits for helping steer the bank through the credit crisis, died of cancer at 49.

Google Voice

Google Voice calling app has won approval to be on the Apple iPhone. The breakthrough re solves a stand-off that triggered an FCC inquiry into whether Apple and AT&T, the iPhone’s ex clusive US service pro vider, were trying to sti fle competition.

Dynegy bid

Blackstone Capital raised its cash offer for Dynegy to $5 per share, an 11.1% increase over the previous $4.50 bid.

Fannie exit

David Johnson, CFO of Fannie Mae, the giant US-owned mort gage backer, will resign by year’s end, Investors Business Daily reported yesterday.

Econ director

Former Treasury offi cial Roger Altman is being considered to re place Larry Summers as director of President Obama’s National Eco nomic Council.