Massachusetts taxpayers give the company $140 million even as it fights a federal order to clean up its pollution in the state.
Haier, which has plants across the world, sees the acquisition as a chance to expand its business and capture U.S. market share.
A fresh bout of volatility in the world’s second-largest economy dragged stock markets down in the region Friday.
Sharp is looking to restructure its core TV business to better compete with lower-cost South Korean and Chinese rivals.
The deal has yet to get approval from shareholders and regulators, and the transaction is targeted to close mid-2016, according to reports.
An oil rally early Friday, driven by short-covering after a 20 percent fall since the start of year, proved to be short-lived.
Its new status as a freight forwarder gives the world's largest online retailer a foothold in the $350 billion-a-year freight industry.
Across the region, fears that Chinese authorities may not be able to manage a decelerating economy appear to be ebbing.
The agreement resolves claims by the U.S. Department of Justice and others that the company misled mortgage bond investors.
U.S. stocks rallied as investors snapped up battered shares, including those of oil companies Exxon Mobil and Chevron.
Earnings will enter a recession, says Wunderlich Securities’ Art Hogan, but drastically lowered estimates will make it easier for companies to beat targets.
But the maker of Jeep and Dodge vehicles denies it offered dealers cash to help it inflate its data.
The country will seek to settle with bondholders suing it in New York over unpaid debts before seeking a deal with creditors elsewhere.
A brutal attack Thursday in Jakarta may not be Indonesia’s most pressing challenge in attracting outside investors.
With higher regulatory costs in the U.S. and falling revenue, big Wall Street financial institutions could become more vulnerable to calls to slim down.
Authorities are poking around the French automaker’s emissions testing facilities, but Renault disputes a union claim.
More Americans filed claims for state unemployment benefits last week, but the U.S. labor market remains healthy.
The nation’s largest bank by assets posted profit growth in the fourth quarter of 2015, in large part by cutting costs and bonuses.
CEO Matthias Müller has to convince regulators VW can fix 600,000 diesel cars that emit too much nitrogen oxide, which contributes to smog. That’s where it gets complicated.
As the financial outlook for coal remains gloomy, citizen and environmental groups worry that U.S. taxpayers will be forced to pay for cleaning up land and protecting water near shuttered mining sites.
The eurozone’s biggest economy grew at a marginally faster pace compared to 2014 even as global economic growth slowed, according to a preliminary estimate.
European markets took their cues from falling Asian stocks, while Chinese indexes moved into positive territory.
China’s main stock indexes fell early Thursday, with the Shanghai index trading down 1.2 percent and the CSI300 index off 0.8 percent.
Some shareholders of the financial company contend that Nader Tavkoli has been slow to settle $4 billion in insurance claims, sources say.
Market participants continued to keep an eye on China's yuan.
The agrichemicals group is reportedly in talks with ChemChina, Monsanto and others.
The restaurant chain is working with suppliers and employees to eliminate food contamination through sourcing, training and testing.
After a hiring boom, the action camera manufacturer said it's preparing to shed 7 percent of its workforce.
Months after the Volkswagen emissions scandal broke, there is no timetable for winning approval of a fix -- or for starting vehicle repairs.
After a slight reprieve, markets continued their 2016 slide Wednesday, with the Dow Jones industrial Average falling nearly 400 points.