Japan's embattled Toshiba Corp. said Wednesday that its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, marking a key step in its struggles to stop the flow of massive red ink.
Business
Mar 29, 2017
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Toshiba Corporation today announced the results of field tests of electric buses charged with its wireless rapid rechargeable battery system. The tests, carried out with the cooperation of Waseda University, concluded that ...
Energy & Green Tech
Mar 17, 2017
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Standard & Poor's cut its credit rating on Toshiba again Friday, warning that the troubled company's finances were quickly deteriorating owing to huge losses at its US nuclear unit.
Business
Mar 17, 2017
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Embattled Japanese electronics maker Toshiba Corp. is selling its stake in a medical equipment leasing company to Canon Inc. for 31.4 billion yen ($277 million).
Business
Feb 21, 2017
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Toshiba hinted at a possible fresh accounting scandal Tuesday as it delayed the release of financial results but warned it would lose billions of dollars in its US nuclear power unit.
Business
Feb 14, 2017
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Toshiba Corp.'s chairman resigned Tuesday after the company logged such massive losses in its nuclear business that it must sell its lucrative computer-chip business to avoid going belly-up.
Business
Feb 14, 2017
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Toshiba has achieved an advance in photo-electrochemical processing that converts carbon dioxide directly into ethylene glycol with an efficiency of 0.48%. Ethylene glycol is a useful and versatile industrial raw material ...
Materials Science
Oct 31, 2016
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Japan's national pension fund, the world's biggest, said Thursday it is suing Toshiba over a profit-padding scandal that slashed the value of its stock, as its new boss pledged to overhaul the vast conglomerate.
Business
Jun 23, 2016
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Scandal-plagued Japanese electronics maker Toshiba Corp. sold its medical unit to Japanese camera maker Canon Inc. for 665.5 billion yen ($5.9 billion) on Thursday, both sides said.
Business
Mar 17, 2016
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Toshiba plans to cut 7,800 jobs, mostly in its consumer-electronics business, as it reorganizes in the face of projected record losses for the current fiscal year.
Business
Dec 21, 2015
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