Business briefs
Apollo IPO
Apollo Global Manage ment filed yesterday with federal regulators to sell 26.3 million shares for $17 to $19 each, down from $18 to $20 expected in an offering last week that was delayed in the wake of Japan’s crisis.
Hotter Topic
Hot Topic said yester day that Betsy McLaugh lin resigned as CEO and was replaced by board member Lisa Harper. Shares rose 5.1 percent, to $5.42 in after-hours trading.
Schwab options
Charles Schwab will buy online brokerage op tionsXpress Holdings in a $1 billion deal.
No rewards
JPMorgan Chase will stop offering debit-card rewards to most custom ers as of July 19 in re sponse to proposed fed eral limits on fees merchants pay to banks to process transactions.
Open books
The Federal Reserve must disclose details of 2008 emergency loans, after the Supreme Court rejected an appeal by banks to deny a Freedom of Information Act re quest for loan records by Bloomberg News.

