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3Novices:Business › Toshiba says U.S. nuclear unit Westinghouse has filed for bankruptcy protection

Japan’s embattled Toshiba Corp says its U.S. nuclear unit Westinghouse Electric Co has filed for bankruptcy protection.

Toshiba said in a statement Wednesday that it filed the chapter 11 petition in the U.S. Bankruptcy Court of New York. The move had been largely expected.

Toshiba is expecting a loss of…
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3Novices:Politics › Japan eyes cap on overtime hours, equal pay under labor reform plan

A government panel unveiled an action plan Tuesday to reduce long working hours and ensure equal treatment for regular and nonregular employees as Japan seeks to promote broad labor reform.

The panel headed by Prime Minister Shinzo Abe is calling for a cap on overtime work hours and penalties on…
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