Lehman Brothers chief Dick Fuld is in discussions with several private-equity and foreign investors about raising even more capital for the struggling bank. [NYP]
Hedge fund legend Paul Tudor Jones and longtime partner James Pallotta are splitting ways. [WSJ]
The Wes Edens-led Fortress Investment Group announced modest earnings for the second quarter and a sharp drop in capital inflows. But it still plans to invest in movies. [Dealbook, Dealbook]
Blackstone's Tony James says he doesn't expect the economy to recover until 2010. [NYP]
Jobless claims have hit a six-year high. [WSJ]
Carl Icahn may still be expecting more from Bristol-Myers Squibb's buyout offer for ImClone. [Forbes]
Nationwide Mutual Insurance will acquire the part of Nationwide Financial Services that it doesn't already own for $2.4 billion. [NYP]
The Carlyle Group has acquired a 48 percent stake in high-end Italian sportswear maker Moncler. [WSJ]
The modeling agency Wilhelmina is mulling an IPO. [Dealbook]