/ Feb 2, 2016

Skymark's rehabilitation on track a year after bankruptcy

A year after its bankruptcy, Skymark Airlines, the nation’s third-largest carrier, is seeing an improvement in fortunes as rehabilitation gains pace.It has withdrawn from unprofitable routes since it filed for bankruptcy protection with the Tokyo District Court on Jan. 28 last year, and it ...

/ Jan 12, 2016

Sharp to seek additional financial assistance from creditor banks

Sharp Corp. is planning to ask its major creditor banks for ¥150 billion in additional assistance, in line with a rehabilitation plan under a government-backed corporation turnaround fund, sources said.Under the restructuring plan of the Innovation Network Corp. of Japan, the struggling electronics manufacturer ...

Another presidential first: Obama visits U.S. prison

/ Jul 17, 2015

Another presidential first: Obama visits U.S. prison

Barack Obama got a first-hand look at the U.S. criminal justice system Thursday, becoming the first sitting president to set foot inside a federal prison and meet with incarcerated men there.Obama’s visit to the El Reno Federal Correctional Institution, a medium-security prison for male ...