SEC jobs

The SEC will need to add about 800 employees to its already growing staff to carry out the re sponsibilities given it under a financial overhaul bill.

Trump wins

Donald Trump’s luxury tower in Chicago won the top spot in Travel + Lei sure’s “World’s Best Ho tels” rankings for big city hotels.

Bid drop

TPG Capital plans to drop out of bidding for RadioShack, according to a person briefed on the talks. Blackstone Group, which had weighed a joint offer with TPG, is not likely to pursue the electronics retailer on its own.

Sponge case

Judge Stuart Bernstein approved a request by the US Trustee for Manhattan to appoint a trustee to take control of Sponge Tech’s bankruptcy pro ceedings.

Fabrice files

Fabrice Tourre, the Goldman Sachs’ executive director being sued by the SEC for fraud, disputed the claims in a filing yes terday.

Griffon buy

New York mini-con glomerate Griffon Corp. has agreed to buy lawn and garden maker Ames True Temper for $524 million.