Business News

AP News - 45 minutes ago

TOKYO (AP) — Stigma, pay cuts, and risk of radiation exposure are among the reasons why 3,000 employees have left the utility at the center of Japan's 2011 nuclear disaster. Now there's an additional factor: better paying jobs in the feel good solar en ...more

AP News - 1 hour ago

LOS ANGELES (AP) — Los Angeles Clippers owner Donald Sterling made a dramatic scene from the witness stand then an even more dramatic one from the audience.In his second day on the stand in a trial to determine whether he can be declared mentall ...more

AP News - 2 hours ago

SEOUL, South Korea (AP) — South Korea's central bank said economic growth will be slower than expected this year because consumer spending has waned following a deadly ferry sinking.Lee Ju-yeol, governor at the Bank of Korea, said Thursday that ...more

AP News - 3 hours ago

CLEVELAND (AP) — The Cavaliers have cleared a path for LeBron James to return to Cleveland.They've made their moves. They're just waiting for him to make his.The Cavs created enough salary-cap space to offer the superstar free agent a max ...more

AP News - 5 hours ago

LOS ANGELES (AP) — A raging Donald Sterling denounced his wife, her lawyers and the NBA from the witness stand Wednesday, saying he will never sell the Los Angeles Clippers and vowing a lifetime of lawsuits against the league."Make no mistake to ...more

AP News - 7 hours ago

RICHMOND, Va. (AP) — A South Korean chemical company has agreed to pay $2 million to settle a criminal complaint alleging attempted theft of a competitor's trade secrets.The complaint against Toray Chemical Korea Inc. was filed Wednesday in U.S. ...more

AP News - 8 hours ago

LONDON (AP) — More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.That's the conclusion of a survey by business consulting firm EY, which ...more

AP News - 9 hours ago

WASHINGTON (AP) — A survey of colleges and universities finds a lack of coordination between many campuses and local law enforcement in handling sexual assaults, and that many schools have gone years without investigating such cases.About 40 per ...more

AP News - 9 hours ago

NEW YORK (AP) — American Apparel Inc. announced late Wednesday it had reached a deal with investment firm Standard General to receive an investment of up to $25 million to bolster the clothing chain's finances. It will also mean a shake-up in the board ...more

AP News - 9 hours ago

NEW YORK (AP) — Drybulk shipper Genco Shipping emerged from Chapter 11 bankruptcy reorganization.The company says it reduced its debt by $1.2 billion while eliminating $192.8 million in amortization payments and $40 million in annual interest pa ...more