Business

Scandal-plagued Japan tech giant Toshiba gets tender offer

Scandal-plagued Japan tech giant Toshiba gets tender offer 5

TOKYO — Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a 2 trillion yen ($15 billion) tender offer from Japan Industrial Partners, a buyout fund made up of the nation’s major banks and companies. If the proposal succeeds, it…

Russia says it shot down Ukrainian drone near air base

Russia says it shot down Ukrainian drone near air base 15

KYIV, Ukraine — The Russian military reported Monday that it shot down a Ukrainian drone approaching an air base deep inside Russia, the second time the facility has been targeted this month — again revealing weaknesses in Russia’s air defenses.…

Regulators to announce decision in $31B freight rail merger

Regulators to announce decision in $31B freight rail merger 19

OMAHA, Neb. — The first major railroad merger since the 1990s could be approved Wednesday when federal regulators announce their decision on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad. The U.S. Surface Transportation Board has been reviewing…