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Monday Evening Business Brief

February 6, 2012, 6:08 PM

Monday Evening Business Brief
Stocks ended the Wall Street session slightly lower. The Dow fell 17 points, or 0.1 percent, to 12,845. The S&P was down less than a point, while the Nasdaq slipped nearly 4 points.
  • Boeing says repairs are needed in the tail sections of some of its new 787s. It says there is no immediate safety concern and the planes will keep flying. All of the five planes delivered since September went to Japan's All Nippon Airways.
  • Money donated by the nation's most charitable givers is starting to catch up with pre-recession giving. The Chronicle of Philanthropy reports the top 50 donors made pledges in 2011 to give a total of $10.4 billion. A decade ago, the top 50 gave $12.5 billion.
  • JP Morgan Chase has agreed to pay $110 million to settle a class-action lawsuit claiming the bank charged excessive checking overdraft fees. The tentative deal must be approved by a judge who is overseeing similar lawsuits against about 30 banks. 
  • A Toledo, Ohio, hot dog eatery made famous on the TV series "M-A-S-H" has been sold after a family feud over ownership. Representatives of a private restaurant group in Toledo say they have finalized their $5.5 million purchase of the Tony Packo's chain. The operation's future had been in doubt since a bank foreclosed on its loans and a court-appointed third party was put in charge.

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