Goldman

Goldman Sachs will pay $650,000 to resolve a regulator’s claim that it failed to disclose that trader Fabrice Tourre was facing an SEC probe. The firm will also lend $25 million to fi nance 16 charter schools in New York City and NJ.

Apparel loss

American Apparel said it expects a loss from op erations in 2010 and re ported a third-quarter loss yesterday as margins took a hit from lower labor efficiency and a shift to more complicated styles.

Cheaper Torch

AT&T cut the price of the BlackBerry Torch in half, to $99.99 with a two-year plan, less than three months after it began selling the smart phone.

Brioni CEO

Italian suitmaker Bri oni promoted Fran cesco Pesci, commer cial director, to CEO.

NY pension

Assets at the New York State pension fund ex panded to $132.8 billion at Sept. 30 as the value of investments grew 8 per cent.