Business News

Fired Yahoo exec gets $58M for 15 months of work
Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million -- even though he lasted just 15 months on the job.
US sues NY real estate dealer over disabilities
The federal government has sued a prominent real estate developer, saying some of the company's apartment buildings are not sufficiently accessible to people with disabilities.
NC governor proposes new coal ash plan after spill
North Carolina's governor said he will propose new legislation aimed at strengthening government oversight of coal ash dumps, following the massive Feb. 2 spill at a Duke Energy plant that coated 70 miles of the Dan River in toxic sludge.
Freight train industry to miss federal safety deadline
The freight railroad industry said Wednesday that only one-fifth of its track will be equipped with mandatory safety technology, designed to prevent most collisions and derailments, by the deadline set by Congress.
US stocks rise, extending gains into third day
Stocks are higher for a third day in a row after more U.S. companies report solid earnings and on encouraging news about China's economy. The Dow Jones industrial average rose 162 points by the end of trading Wednesday.
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