Toshiba Corp. said it would raise ¥600 billion ($5.3 billion) through the sale of new shares to foreign funds, a step to avoid a delisting from the Tokyo Stock Exchange if the planned sale of its chip unit is delayed.
Liberated by the ability to email, text and Gchat lawmakers and aides, the lobbyists who swarmed Capitol Hill from 1985 to 1986, no longer have to physically be present as the House and Senate speed through a sweeping rewrite of the tax code.
A Russian cybersecurity firm whose products current and former U.S. officials suspect Moscow has used as a tool for spying was flagged by U.S. military intelligence as a potential security threat as early as 2004.
Electronic Arts halted in-game sales of virtual goods in its sequel to “Star Wars Battlefront” on the eve of the game’s launch, bowing to pressure from customers fearing big spenders could gain an unfair edge.
Tesla CEO Elon Musk revealed the company’s first all-electric semitrailer truck and a $200,000 super car, his latest attempt to stir excitement as the company struggles to mass-produce an affordable sedan.
Electric vehicles aren’t yet living up to the hype, auto makers in China are finding, as they churn out more EVs than they can sell—even with generous government subsidies—to satisfy Beijing’s directives.