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Facing legal woes, SunEdison plunges to 14-year low

Bloomberg SunEdison Inc., the worst performing renewable-energy company in the past year, fell to a 14-year low as it contends with two legal disputes. On Tuesday it will face a hearing to defend its planned $1.9 billion acquisition of Vivint Solar Inc. A judge has ordered it to refrain from shifting some assets during a lawsuit over a failed acquisition ...

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Obama to push trade agenda at Southeast Asia summit

MANILA / AP A summit next week between Southeast Asian leaders and President Barack Obama is unlikely to deliver any big economic prizes, but will allow the American side to press the advantages of joining a Pacific trade pact that doesn’t include China. The meetings at Rancho Mirage in California set for Monday and Tuesday will be the first summit ...

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Climate deal will live on, despite US blow

Washington / AFP In freezing President Barack Obama’s plan to tackle carbon emissions, the US Supreme Court delivered a blow to a global climate deal — but experts say that US commitments to the deal will survive. Obama’s “Clean Power Plan” would require the power sector to cut carbon dioxide emissions by at least 32 percent compared to 2005 levels ...

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