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Falcone-SEC

The SEC will meet next week with reps of hedge-fund manager Philip Falcone in the first face-to-face meeting aimed at settling potential civil-fraud charges, the Wall Street Journal reported, citing people familiar with the matter.

Lehman pay

Lehman Brothers, which is preparing its first payment to creditors after more than three years in bankruptcy, said the initial distribution will be $22.5 billion, or 53 percent more than it previously estimated was possible.

Nokia bug

Nokia has found a software bug in its Lumia 900 smartphone, its answer to Apple’s iPhone, and is effectively giving the model away until it is fixed.

VTB Capital

VTB Bank, Russia’s second -largest bank, expects to hire between 40 and 50 people for the New York office of VTB Capital. The government of the Russian Federation holds a 75.5 percent stake in VTB Bank.

Big Mac app

McDonald’s is testing a mobile-phone app in Australia that would allow users to order on the run.

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