Business briefs
BoNY trades
Bank of New York Mellon was sued by Florida and Virginia for allegedly failing to give the states the best prices when making foreign currency trades for their state pension funds.
AT&T hire
AT&T has hired Bank of America Merrill Lynch to advise it on selling assets, in an ef fort to win government approval for its planned purchase of T-Mobile USA, the Wall Street Journal reported.
Picard suit
Irving Picard, the liq uidator for Bernard L. Madoff’s firm, sued the Abu Dhabi Investment Authority, seeking to recover $300 million for victims of the confi dence man’s Ponzi scheme.
Nifty News
News Corp.’s stock rose 18 percent yester day to $16.19 after the company reported up beat quarterly earnings after the close on Wednesday. News Corp. owns The Post.
IAC exit
IAC/InterActiveCorp
said that CFO Thomas J. McInerney, a 12-year veteran of the Internet company, will leave in the coming months.

