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LOS ANGELES (AP) — Blake Griffin had 20 points and 11 rebounds during three thunderous quarters by the Los Angeles Clippers, who routed the Lakers again 142-94 Thursday night to extend their winning streak to a season-best six games.
China's first-ever default on a domestic corporate bond on Friday has sparked legal action by investors owed interest payments from a solar company, their lawyer said. Shanghai-based Chaori Solar Energy Science & Technology Co. said Tuesday it was unable to make full bond interest payments of 89.8 million yuan ($14.7 million). Chaori's board secretary, Liu Telong, confirmed Friday that the company was in default, Dow Jones Newswires reported. The development is being widely described as China's first ever corporate bond default, but analysts say that it could benefit the market in the long term by raising awareness of risk and making investors more selective.
WASHINGTON (AP) — The White House says President Barack Obama spoke with Japan's Prime Minister Shinzo Abe about the situation in Ukraine and both leaders agree that Russia's actions threaten international peace and security.