Business briefs
See $ocks Citi
John Leopoldo Fiorilla, a legal adviser to the Holy See, was awarded $10.8 million plus interest yesterday by an arbitration panel over his Citigroup broker’s botched handling of an investment in the Royal Bank of Scotland.
Hoot of a haul
HootSuite Media Inc, a developer of software used to manage social-networking activity, has raised $165 million from investors in one of the largest venture-capital deals in North America this year.
IPO sprouts
Sprouts Farmers Market, the organic grocery chain backed by Apollo Global Management, jumped 123 percent to $40.11 on its first day of trading, the biggest gain for a US initial public offering in more than two years.
Chillin’ claims
Applications for unemployment insurance fell by 19,000, to 326,000, in the week ended July 27, the fewest since January 2008. The median forecast was 345,000.
Hulu in ‘Cast’
Hulu, the TV streaming company owned by major media companies, and Time Warner’s HBO said they’re working with Google to add their paid-subscription services to the company’s new Chromecast device.

