- Obama ‘cavalier’ in hiding foreign aid order, judge rules
- Prince Charles: Muslims are driving Christians from Mideast through persecution
- Gitmo’s first commander: Close the prison down
- Google’s newest photography find: Just wink and shoot
- Detroit’s Heidelberg art project hit by 8 fires in 8 months
- Pa. police pull people over for random DNA tests for feds
- NASA pushing hard to get back into space game
- Harvard student to face federal charges for bomb hoax
- Ronnie Biggs of ‘Great Train Robbery’ fame dies, 84
- Pope Francis wins another ‘Person of the Year’ — from gay rights magazine
Suntech announces default, search for financing
Major manufacturers amassed debts of $17.5 billion, according to Maxim Group, a research firm in New York City.
Deep-pocketed Korean conglomerates are moving into the solar industry, adding still more competition.
Chinese producers also have been hit with U.S. anti-dumping tariffs imposed to offset what Washington says are improper subsidies from Beijing. European solar producers also have filed anti-dumping complaints, with the European Union asking for higher tariffs on Chinese imports.
Last week, Suntech announced the closure of its U.S. factory in Goodyear, Arizona, and the elimination of 43 jobs.
Associated Press Business Writer Bree Fowler in New York contributed to this report.
By John R. Bolton
The president fiddles at his domestic altar while the world burns
- U.S. Army mulls wiping out memory of Robert E. Lee, 'Stonewall' Jackson
- IRS pays tax cheats hundreds of millions of dollars
- HURT: D.C. gets the vapors, calls sequester too much
- Top Democrats reject court ruling over NSA spying on Americans
- BOLTON: Nero in the White House
- EDITORIAL: Al Gore, soothsayer
- Obama mocks Putin, picks gay athletes for Sochi delegation
- We told you so: Conservatives foresaw polygamy ruling
- Army to cut up to 4,000 captains and majors
- Senators in rush to pass budget vow to undo cut to military retirement pay
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Let it snow