Business briefs

Gsa in 1 WTC

The Port of Authority of New York and New Jersey approved a new lease with the General Services Administration to take five floors at 1 World Trade Center. The tower is 55 percent leased, agency officials said.

More AIG

American International Group’s Chartis property-casualty unit and SunAmerica Financial Group will both take the AIG name as the insurer works to emerge from a US government bailout.

Sweet smell

Coty, the perfume maker that pulled a takeover offer for Avon Products, will file as early as this week for an initial public offering seeking as much as $1 billion, sources said.

Jobless

Applications for jobless benefits hovered last week near the highest level of the year. Claims decreased by 6,000 to 386,000 in the week ended June 23.

Didn’t do it

Nike reported fourth-quarter earnings of $1.17 a share, trailing analysts’ estimates of $1.37, as higher costs nicked profit margins. Shares of the sporting-goods maker fell 8.3 percent after hours.