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Bebe to close stores in brick-and-mortar retreat

  Bloomberg Bebe Stores Inc., a women’s apparel chain with locations across the US, is planning to shut its stores and seek a turnaround as an online brand, according to people familiar with the situation. The company is trying to close the locations without filing for bankruptcy, said the people, who asked not to be identified because the efforts aren’t ...

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Climate outlook better on fewer coal plants

  BEIJING / AP Led by cutbacks in China and India, construction of new coal-fired power plants is falling worldwide, improving chances climate goals can be met despite earlier pessimism, three environmental groups said on Wednesday. A joint report by the groups CoalSwarm, the Sierra Club and Greenpeace follows a warning this week by two international agencies that the world ...

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US nuclear subsidies may trigger higher power bills

  Bloomberg Expanding state aid to money-losing nuclear reactors across the eastern US may leave consumers on the hook for as much as $3.9 billion a year in higher power bills. Nuclear plant owners are seeking subsidies in Ohio, Connecticut, Pennsylvania and New Jersey after Exelon Corp. won state aid for reactors in Illinois and New York last year. Should ...

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