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The Toshiba director has resigned warning of greater instability in the company Toshiba shareholders have extended “instability and uncertainty” confused conglomerate with them shock vote to remove the chairman of the company’s board, the director saw that he had no choice but to resign after the investor uprising last Friday. In an exclusive statement to the Financial Times following his sudden resignation on Friday, George Olcott expressed doubts about the vote to throw Osamu Nagayama – He described the man as one of the few leading Japanese companies capable of overseeing a turn on...

Osamu Nagayama, who chairs Toshiba Corp.’s board of directors, at an online news conference on June 14 (Asahi Shimbun file photo) Toshiba Corp. shareholders ousted the chairman of the board on Friday, delivering a powerful rebuke to the company after management was found to have colluded with the Japanese government to put pressure on foreign investors. The unexpected removal of chairman Osamu Nagayama, a veteran of corporate Japan, and another director marked a clear victory for corporate governance, and sent a strong signal about overseas investors' ability to push through change even at ...

Disgruntled Toshiba Corp. shareholders vote to remove its board chairman and another director responsible for oversight, in a debilitating blow to the Japanese industrial conglomerate engulfed by a governance scandal.

A Facebook feud turned violent when this young man arrived at an Innisfail home in the company of a group of men.

BILL RUTHHART Chicago Tribune President Joe Biden is expected to select former Chicago Mayor Rahm Emanuel as his ambassador to Japan, according to multiple reports Tuesday. The move would give Biden a deeply experienced government tactician and political veteran in a prominent foreign post, but the choice is also certain to receive criticism from some in the Democratic Party’s progressive wing who have been critical of Emanuel’s eight-year tenure as Chicago mayor. The Financial Times first reported the decision. Emanuel declined to comment. U.S. President Joe Biden on Mo...