Bloomberg SunPower Corp. is following through with a planned restructuring effort that will reduce its workforce by 25 percent to cut costs after solar prices plunged in an oversupplied market. The second-biggest US panel-maker will cut 2,500 employees to reduce operating expenses next year to less than $350 million, San Jose, California-based company said in a statement. It’s closing a ...

  Bloomberg US health insurers signaled that they’re willing to give up a cornerstone provision of Obamacare that requires all Americans to have insurance, replacing it with a different set of incentives less loathed by Republicans who have promised to repeal the law. Known as the “individual mandate,” the rule was a major priority for the insurance industry when the ...

  Bloomberg Growth in UK home prices accelerated in November as the market overcame a stamp-duty surcharge and mortgage-approval rates picked up, though confidence slid to a three-year low. Values rose 6.6 percent in November from a year earlier, according to data published by mortgage lender Halifax. Prices were up 0.2 percent on the month, the third consecutive increase, pushing ...