Zale sale

Zale Corp. is exploring the sale of its Piercing Pa goda kiosk business whose sales topped $226 million in the year ended July 31. Apollo Global Management is among several buyout firms showing interest.

Tax cheat

The US expanded its crackdown on offshore tax evasion, charging for mer UBS AG banker, Renzo Gadola, with help ing American clients hide assets from the IRS by shifting them to a smaller Swiss bank.

Cyber attacks

The New England Con sulting Group, which has had a higher than indus try average prediction for retail sales this holiday season, will be adjusting their forecast downward to 2.7 percent due to un foreseen cyber attacks aimed at PayPal and Am azon.com.

Hedge layoffs

Troubled Morgan Stan ley hedge fund firm FrontPoint has laid off 28 people due to recent re demptions from worried investors.

Pfizer shuffle

Pfizer Inc., which re cently named Ian Read as its CEO, continued shuf fling its executive leader ship team by promoting David Simmons, Geno Germano and Olivier Brandicourt.