Toshiba plans to cut 7,000 jobs, focus on chipmaking
Toshiba is shedding thousands of jobs in its latest attempt to turn its business around.
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Toshiba is shedding thousands of jobs in its latest attempt to turn its business around.
China has approved the sale of Toshiba's prized chip unit to a group of investors led by the private equity firm Bain Capital.
Brick-and-mortar retail is dead? Don't tell that to Best Buy. Or Amazon for that matter. The two companies announced a partnership Wednesday to sell smart televisions in Best Buy stores that run on Amazon's Fire TV operating system.
Toshiba's disastrous foray into the U.S. nuclear business is coming to an end.
Toshiba's stock plummeted Monday, after the company announced plans to raise $5 billion to avoid being booted off the Tokyo Stock Exchange.
Toshiba plans to sell its prized memory chip business to a group of investors led by the Japanese government as it races to raise money to stave off financial ruin.
Toshiba's bankrupt nuclear unit left an uncertain future for two half-finished nuclear reactors in Georgia. But the company promised Saturday it will pour up to $3.68 billion into the project to finish it.