Maurice “Hank” Greenberg, the former chairman of American International Group Inc., lost his bid to have a New York appeals court remove a judge from a lawsuit brought in 2005 by the state attorney general’s office.
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
More than 50 U.S. nuclear scientists, engineers and aides are in Japan helping its government struggling to control a crippled power plant. In the process, they are training for any future crisis at home.
Ener1 Inc., one of 30 recipients of U.S. Energy Department grants to produce electric-car batteries, is the latest recipient of the agency’s aid to run into financial trouble and draw congressional scrutiny.
The U.S. lost $10.4 million on six clean-energy projects, including biofuel research at Iowa State University, that were suspended for missing performance milestones, according to the Energy Department.