Business Dec 13, 2018

Beijing to revise 'Made in China 2025' tech plan, WSJ reports

China plans to give foreign companies greater access to its economy and is drafting a replacement of its plan to dominate advanced technologies by 2025, the Wall Street Journal reported Wednesday, citing sources briefed on the strategy. Beijing's changes might be seen by some as ...

Business / Corporate Oct 2, 2018

Sharp acquires Toshiba unit to re-enter PC business

Sharp Corp. has completed its acquisition of Toshiba Corp.'s personal computer business, marking a return to the PC business after pulling out eight years ago. Aiming to nurture the PC operation as a new revenue source, Sharp will take over Toshiba's high-profile Dynabook brand and ...

Struggling GE ousts John Flannery as CEO

Business Oct 2, 2018

Struggling GE ousts John Flannery as CEO

General Electric has ousted its CEO, announced it took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will ...