By Taro Fuse TOKYO (Reuters) – Toshiba Corp expects 300-400 billion yen ($2.4-3.2 billion) in charges related to improper accounting in an expanding probe that is set to force Chief Executive Hisao Tanaka to step down, sources familiar with the matter said on Wednesday. The company said last month that it was considering appointing more outside directors to the board.
(Reuters) – Apple Inc on Wednesday launched its latest iPod touch gadget at a time when the company is looking to popularize its new music service. The new iPod features an 8 megapixel iSight camera, FaceTime high-definition camera and also houses Apple-designed A8 chip, which is used in iPhone 6. The iPod, which will give access to Apple Music, also features fitness tracking M8 motion co-processor.
By Bill Trott WASHINGTON (Reuters) – U.S. authorities working with law enforcement partners abroad have shut down the Darkode online forum used by cybercriminals around the world and charged 12 people linked to the site, the Justice Department said on Wednesday. U.S. Attorney David Hickton announced the charges in Pittsburgh and called Darkode “a cyber hornet’s nest of criminal hackers.” “Of the roughly 800 criminal Internet forums worldwide, Darkode represented
By Matthew Stock A prototype surgical tool that combines preoperative CT data with state-of-the-art sensing technology could put the ability to carry out complex operations in the hands of many more doctors, according to its developers. The hand-held device, called Chimaera, could revolutionize the delivery of miniaturized neurostimulators to specific nerves, and give many more patients access to pioneering new pain management technology. Neurostimulation involves applying an electric impulses to
By Diane Bartz, Noel Randewich and Andrea Shalal WASHINGTON/SAN FRANCISCO (Reuters) – A Chinese state-backed company’s plan to buy U.S. chip maker Micron Technology faces no shortage of obstacles – questions about the price, worries on Capitol Hill, an aggressive regulator – and any one of them could torpedo the deal. Analysts argued Tsinghua Unigroup Ltd’s proposed price, $23 billion, was far too low. “If people decide that if what
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Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements stay on track, the Fed will likely start raising interest rates later this year.
Jamie Dimon unexpectedly said he might sit out future investor calls. Here’s what Dick Bove thinks the JPM chief meant.
As other presidential candidates fight to raise money, Donald Trump is reminding everyone he’s already got a lot of it. The celebrity businessman’s campaign is expected to reveal details Wednesday of his …
Stocks are again stretching toward the upper end of the durable trading range. Can earnings keep them there this time?
