The Latest Breaking News from Toshiba Corp.

Toshiba’s Chief Executive Satoshi Tsunakawa is stepping down, as the embattled Japanese technology giant seeks to restructure and restore its reputation. Tsunakawa will be replaced by Taro Shimada, an executive officer and corporate senior vice president, under a decision made at a Toshiba board meeting Tuesday, the Tokyo-based company said.…

Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in its latest effort to placate unhappy shareholders. As part of the proposed plan, Tokyo-based Toshiba Corp. intends to sell its joint venture stake in Toshiba Carrier Corp. to the…