Business Briefing: SunEdison Receives Subpoena From Justice Department
The struggling solar company said it had received a subpoena seeking details related to its failed deal to buy Vivint Solar and transactions with its two publicly listed units, TerraForm Power and TerraForm Global.
Business Briefing: Cancer Charities Will Pay Fine for Fraud, and Then Dissolve
Two cancer charities labeled “shams” by the F.T.C. have agreed to a $ 75.8 million judgment and the dissolution of the businesses.
Business Briefing: O.E.C.D. Lowers Its Forecast for Global Growth This Year
Sluggish global growth threatens to keep governments around the world from being able to pay pensions and bondholders, a top economist said.
Business Briefing: SunEdison at ‘Substantial Risk’ of Bankruptcy
SunEdison, whose acquisition strategy has saddled it with almost $ 12 billion of debt, is at “substantial risk” of bankruptcy, one of its units warned.
Business Briefing: German Inflation Is Positive After E.C.B. Policy Move
Germany’s annual inflation turned positive in March, suggesting the European Central Bank’s expansive monetary policy is gaining traction.
Business Briefing: Avon Shakes Up Its Board to Appease Shareholders
Avon agreed to make changes to its board to avoid a proxy fight with some shareholders who collectively own more than 3 percent of the company.
Business Briefing: SunEdison at ‘Substantial Risk’ of Bankruptcy
SunEdison, whose acquisition strategy has saddled it with almost $ 12 billion of debt, is at “substantial risk” of bankruptcy, one of its units warned.
Business Briefing: Avon Shakes Up Its Board to Appease Shareholders
Avon agreed to make changes to its board to avoid a proxy fight with some shareholders who collectively own more than 3 percent of the company.
Business Briefing: Autoworkers Union Grew for 6th Consecutive Year
Membership in the United Automobile Workers rose by nearly 5,200 workers in 2015, to 408,639.
