News

In Giant 'Garage Sale' Japan's TV Giants Hawk $3 Billion of Assets

Panasonic Corp, Japan's struggling maker of Viera brand TVs, owns more than 10 million square meters of office and factory space, dormitories for its workers and sports facilities for its rugby, baseball and women's athletics teams.

Former NDYMAC Officers Found Liable for $168 Million in Negligent Loans

Three former officers of IndyMac Bank FSB's homebuilder division were found liable by a jury on Friday for more than $168 million for negligently lending to developers who were unlikely to repay millions of dollars in loans.

Brazilian Architect Oscar Niemeyer Dies at 104

Oscar Niemeyer, a towering patriarch of modern architecture who shaped the look of contemporary Brazil and whose inventive, curved designs left their mark on cities worldwide, died late on Wednesday. He was 104.