Reuters probe

The Securities and Exchange Commission is looking into manufacturing data supplied by the Institute for Supply Management and published by Thomson Reuters, CNBC reported yesterday.

Hangin’ tough

Bank of America said it won’t renegotiate its $8.5 billion mortgage-bond settlement with investors after AIG sought mediation, according to New York state court papers.

Sony’s slipup

Sony said it sold almost $13 million in video and medical equipment to dealers in Dubai that resold the gear in Iran. The recipients included groups under US sanctions.

S&P on a roll

US stocks rose, sending the S&P 500 to its biggest three-day rally since January, on better-than-estimated data and assurances on stimulus efforts from Federal Reserve officials.

Google game

Google is developing a videogame console and a digital wristwatch powered by its Android operating system in the hopes of combating similar devices that Apple may release in the future.