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Toshiba to tap ex-medical chief Tsunakawa as new president

Apr 24, 2016

Toshiba to tap ex-medical chief Tsunakawa as new president

Struggling electronics giant Toshiba Corp. is preparing for Corporate Senior Executive Vice President Satoshi Tsunakawa to succeed President Masashi Muromachi, company sources said Sunday. With restructuring under 66-year-old Muromachi making measured progress, the company aims to rebuild itself in terms of both trust and ...

U.S. orders 'urgent' engine fix for Boeing 787 Dreamliners

Apr 24, 2016

U.S. orders 'urgent' engine fix for Boeing 787 Dreamliners

U.S. officials have ordered Boeing to fix engines on some of its 787 Dreamliner airplanes to avoid sudden failure in icy conditions, calling the problem an “urgent safety issue.” Friday’s Federal Aviation Administration directive concerns a potential problem in General Electric’s most advanced engines ...

MMC mileage scandal widens as U.S. auto safety regulator seeks data

Apr 22, 2016

MMC mileage scandal widens as U.S. auto safety regulator seeks data

Mitsubishi Motors Corp.’s fuel economy scandal broadened Friday as U.S. auto safety authorities said they are seeking information and after reports that the automaker submitted misleading data on at least one more model than disclosed and likely several more. Japan’s sixth-largest automaker admitted this ...