As investigation draws to a close, prosecutors are said to be negotiating a penalty that is likely to eclipse the $1.2 billion paid last year by Toyota.
A partnership between Ikea Group and Hanergy Thin Film Power Group Ltd. to fit homes with sun panels may be hanging in the balance after the solar technology maker lost half its value in a stock selloff.
LOS ANGELES The carcasses of five petroleum-soaked pelicans have been recovered from California's Santa Barbara coastline, the first apparent sea bird fatalities stemming from the oil spill to be documented by officials overseeing the disaster response.
According to CNBC, Microsoft and the San Francisco-based cloud-computing firm reached advanced talks. Microsoft reportedly offered as much as $55 billion to acquire Salesforce.
SAN FRANCISCO - With the ratification of a new agreement with the Longshoremen on Friday, the 11-month disagreement that slowed West Coast ports has finally ended.