Financial news on August 21st, 2011

Business and Financial news
Comic’s PAC Is More Than a Gag

By creating a legal and functioning political action committee, Stephen Colbert is not just lampooning the process, he has become a part of it. Read more..

By DAVID CARR - The New York Times

On Wall St., a Big Split on Outlook

Company analysts have barely budged on expectations for earnings, even as economists at the big brokerage firms have steadily ratcheted down forecasts for economic growth. Read more..

By NELSON D. SCHWARTZ and ERIC DASH - The New York Times

Verizon Workers Plan to End Strike, Agreeing to Revive Talks Toward a Contract

Union officials said the company signaled a greater commitment to bargaining, but the discussions may still be lengthy. Read more..

By STEVEN GREENHOUSE - The New York Times

See what else happened on August 21st, 2011