Tribune news

Creditors claimed that Tribune Co. offi cers approved a flawed leveraged buyout that drove the publisher into bankruptcy be cause they received “special monetary in centives.”

Off Target

Target CEO Gregg Steinhafel received total compensation val ued at $13 million in 2009 — down 3 percent from the previous year.

EU chatter

Michel Barnier, the EU’s financial services commissioner, told US Treasury Secretary Timothy Geithner hedge-fund rules pro posed by the EU aren’t protectionist and wouldn’t shut out US funds and managers from the 27-nation re gion.

Job woes

The Labor Depart ment yesterday re ported that first-time claims increased by 18,000 in the week ended April 3, to a sea sonally adjusted 460,000.

Bank sued

Baltimore and Mem phis have filed new fed eral lawsuits accusing Wells Fargo & Co., of steering black borrow ers into expensive mortgages.