Bloomberg Stock picker David Tepper increased his firm’s U.S. equity holdings by 56 percent last quarter, led by a jump in his Alphabet Inc. position and new stakes in pipeline companies. The billionaire founder of $18 billion Appaloosa Management bought 5.1 million shares of Energy Transfer Partners worth $173.5 million as of December 31, and 9.4 million shares of Kinder …

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 …

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 …