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Toshiba says Westinghouse board to decide on bankruptcy

Toshiba Corp. said the board of its nuclear unit Westinghouse will decide whether to file for bankruptcy, suggesting that is one option under consideration as it struggles with billions of dollars in liabilities from cost overruns on nuclear construction projects. “Whether or not Westinghouse files for Chapter 11 is ultimately ...

/ Mar 21, 2017

SoftBank invests $300 million in WeWork: source

SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based co-working giant at more than $17 billion. The investment from SoftBank is the first in what will probably be ...

Ex-Hitachi chairman Kawamura tapped to reform Tepco

/ Mar 18, 2017

Ex-Hitachi chairman Kawamura tapped to reform Tepco

The government has asked former Hitachi Ltd. Chairman Takashi Kawamura, 77, to be the next chairman of Tokyo Electric Power Company Holdings Inc., informed sources said. The government expects Kawamura, who led a quick turnaround at the electronics and machinery conglomerate, to reform Tepco, ...