Business briefs

AP, Bloomberg, Dow Jones and Reuters

Last Updated: 12:27 AM, February 8, 2012

Posted: 12:27 AM, February 8, 2012

Ny Dodger

New York real estate tycoon Jared Kushner has entered the bidding for the Los Angeles Dodgers baseball team. There are roughly five bidding parties remaining for the bankrupt team.

Ben on jobs

Fed boss Ben Bernanke said that the 8.3 percent January unemployment rate understates weakness in the labor market.

Greece talks

Greece’s private creditors signaled progress late yesterday in a bond-swap deal, but crucial debt negotiations dragged into another day.

Shoe sale

Collective Brands, owner of the Payless ShoeSource chain, is paring the pool of suitors for all or part of its business to 10, said people familiar with the matter. The stock rose 6 percent to $18.24.

More charges

Rajat Gupta, the former Goldman Sachs director accused of giving inside information to fund manager Raj Rajaratnam, was arraigned on new charges he passed tips about earnings of Goldman Sachs in 2007 and Procter & Gamble Co. in 2009.