Business briefs
Apollo delay
Private-equity firm Apollo Global Manage ment is delaying an IPO until stock markets stabi lize. Apollo and share holders plan to sell 26 million shares for $18 to $20 each, for a total of about $500 million.
FDIC rules
More than two years after the Lehman Brothers collapse, the FDIC has come up with a plan that provides for orderly liquidation should a large financial institution fail.
EBay fee cut
EBay lowered fees for the second time in a year to attract more sellers to its main site and boost a three-year turnaround.
On the hill
Special adviser Eliza beth Warren will rebut Republican criticism that the the Consumer Financial Protection Bureau lacks openness today in an appearance before Congress.
Peet’s talks
Peet’s Coffee & Tea recently held talks with Starbucks about a poten tial sale to the large cof fee shop chain, CNBC reported, citing a Deal Reporter report. Peet’s shares rose 9.4 percent yesterday to $46.

