Business briefs

AMR angels

American Airlines parent AMR Corp. said in a court filing that a group of “substantial creditors” is interested in providing financing for the company’s reorganization.

Tepid summer

The US economy grew at a tepid 1.7 percent annual rate in the April-June quarter. The Commerce Department’s initial estimate was 1.5 percent.

Bye, Barrett

Morgan Stanley’s David Barrett, who oversaw a unit that raised money for hedge funds and private companies, is leaving after 22 years to look for a job outside of banking, Bloomberg reported.

‘Dog treat

Consumer Watchdog, a public-interest group. won the right to oppose a $22.5 million lawsuit settlement between the Federal Trade Commission and Google over a privacy breach of Apple’s Safari browser.

Sears out

Sears has been bumped from the S&P 500 Index by chemical maker LyondellBasell Industries. S&P said that the retailer has too few shares available for trading to be representative of American companies.