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.
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.
A bird covered in oil spreads its wings as it sits on a rock near Refugio State Beach on Friday in Goleta. California Gov. Jerry Brown declared a State of Emergency after over 100,000 gallons of oil spilled from an abandoned pipeline on the land near Refugio ...