Business

Business briefs

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Published Dec. 21, 2010, 5:00 a.m. ET

Blackstone

Blackstone Group has raised $15 billion for a new buyout fund, wsj.com reported. The fund will be the sixth largest on record and the biggest since the fall 2008 financial crisis.

Toyota fines

Toyoto has agreed to pay the US government a record $32.4 million in additional fines to settle a probe into its handling of two recalls.

Hulu holdup

Hulu, the online video site, has reconsidered the idea of going public and is exploring other fi nancing options, wsj.com reported, citing sources.

Raj tapes

The SEC wants Gal leon Group co-founder Raj Rajaratnam to turn over copies of wiretaps made by the Justice Dept. for a related civil suit after a judge ruled they’re admissible in the government’s criminal insider trading case.

Seneca

Seneca Capital, the second-largest share holder in Dynegy, op poses billionaire Carl Icahn’s $665 million bid to buy the US power producer.