Business briefs

Free for now

Level Global Investors co-founder Anthony Chiasson and former Diamondback Capital Management portfolio manager Todd Newman, sentenced to prison for insider trading, can remain free while they fight their convictions, an appeals court ruled.

Deloitte fined

Deloitte agreed to pay $10 million and halt consulting services for state-regulated financial institutions for one year after regulators found violations of law in Deloitte’s consulting work with Standard Chartered.

Zuck meeting

Facebook CEO Mark Zuckerberg, seeking to boost ad sales from mobile devices, discussed potential partnerships with Samsung Electronics yesterday.

Stocks rise

Stocks rose for a second day as investors awaited the outcome of a Federal Reserve policy meeting for clues on the stimulus plan and on news that housing starts rose 6.8 percent in May.

Speed dating

RGM Advisors and Allston Trading, two of the largest independent high-frequency trading firms are in early merger discussions.