Business briefs
Home Plate
David Plate, who admitted to participating in an insider-trading ring with former Galleon Group trader Zvi Goffer, was sentenced to three years probation and ordered to forfeit $289,000. Six months of the probation must be spent at home.
Card fees
Visa and MasterCard put any potential settlement of price-fixing litigation by merchants at about $4 billion. The opposing parties yesterday argued before US District Judge John Gleeson on why he should rule in their favor without a trial in the litigation, begun in 2005.
Battery help
Apple is working on a software update that improves battery life on phones running its latest iOS operating system after some users complained.
Ho-hum Foods
Whole Foods fell 5.4 percent in after-hours trading after it reported a quarterly profit of 42 cents a share that just matched Wall Street’s view while its 8.4 percent gain in same-store sales disappointed analysts.
AOL mojo
AOL climbed 13 percent to $15.02 after third-quarter earnings exceeded estimates.

