US: Airport Fire Expands In Southern California, Destroys Homes 3

Airport Fire burning in Orange and Riverside Counties, Southern California has grown to more than 23,000 acres as of Wednesday morning, September 11. The fire injured at least seven people and destroyed homes.

Sharp foresees record net loss

Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

Sharp foresees record net loss

Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

Sharp foresees record net loss

Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

Sharp foresees record net loss

Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

Sharp to forecast record net loss of 450 bil. yen

Sharp to forecast record net loss of 450 bil. yen

OSAKA, Japan - Photo taken in September 2012 shows the headquarters of Sharp Corp. in Osaka's Abeno Ward. Sharp will revise down its earnings forecast for the current fiscal year ending March 31, 2013, projecting a record group net loss of 450 billion yen, mainly due to its flagging television-making business, sources close to the matter said Nov. 1, 2012.

Elpida starts construction of world's DRAM plant

Elpida starts construction of world's DRAM plant

HIROSHIMA, Japan - Yukio Sakamoto, president of Elpida Memory Inc., briefs reporters at the Hiroshima Prefectural government office on construction of a dynamic random access memory chip plant which he claims has the world's largest production capacity. Elpidia, a joint venture between NEC Corp. and Hitachi Ltd., will invest some 450-500 billion yen in construction of the plant in Higashi-Hiroshima, Hiroshima Prefecture.

Kumagai Gumi wins informal OK from banks

Kumagai Gumi wins informal OK from banks

TOKYO, Japan - Kazutoshi Torigai, president of troubled construction firm Kumagai Gumi Co., tells a press conference in Tokyo on Dec. 28 that the company's creditor banks have informally approved a revision to its restructuring plan. Under the new plan, Kumagai Gumi will ask its 15 creditor banks to forgive 430 billion yen in loans, down from the 450 billion yen it had previously requested.

Kumagai Gumi to ask for 450 bil. yen debt waiver

Kumagai Gumi to ask for 450 bil. yen debt waiver

TOKYO, Japan - File photo shows the Tokyo head office of debt-ridden contractor Kumagai Gumi Co., which sources close to the company said will request its major creditors to forgive debts totaling 450 billion yen as part of a rehabilitation plan.

Elpida starts construction of world's DRAM plant

Elpida starts construction of world's DRAM plant

HIROSHIMA, Japan - Yukio Sakamoto, president of Elpida Memory Inc., briefs reporters at the Hiroshima Prefectural government office on construction of a dynamic random access memory chip plant which he claims has the world's largest production capacity. Elpidia, a joint venture between NEC Corp. and Hitachi Ltd., will invest some 450-500 billion yen in construction of the plant in Higashi-Hiroshima, Hiroshima Prefecture. (Kyodo)

Japan Post aiming for group net profit of 450 bil. yen in FY 2017

Japan Post aiming for group net profit of 450 bil. yen in FY 2017

Japan Post Holdings Co. President Taizo Nishimuro answers reporters' questions at a press conference in Tokyo on April 1, 2015, after announcing the company's medium-term business plan from fiscal 2015 to fiscal 2017. Japan Post said the same day it will aim for an annual group net profit of around 450 billion yen ($3.75 billion) in fiscal 2017. (Kyodo) ==Kyodo

Japan Post aiming for group net profit of 450 bil. yen in FY 2017

Japan Post aiming for group net profit of 450 bil. yen in FY 2017

Japan Post Holdings Co. President Taizo Nishimuro answers reporters' questions at a press conference in Tokyo on April 1, 2015, after announcing the company's medium-term business plan from fiscal 2015 to fiscal 2017. Japan Post said the same day it will aim for an annual group net profit of around 450 billion yen ($3.75 billion) in fiscal 2017. (Kyodo) ==Kyodo

Kumagai Gumi wins informal OK from banks

Kumagai Gumi wins informal OK from banks

TOKYO, Japan - Kazutoshi Torigai, president of troubled construction firm Kumagai Gumi Co., tells a press conference in Tokyo on Dec. 28 that the company's creditor banks have informally approved a revision to its restructuring plan. Under the new plan, Kumagai Gumi will ask its 15 creditor banks to forgive 430 billion yen in loans, down from the 450 billion yen it had previously requested.

Kumagai Gumi to ask for 450 bil. yen debt waiver

Kumagai Gumi to ask for 450 bil. yen debt waiver

TOKYO, Japan - File photo shows the Tokyo head office of debt-ridden contractor Kumagai Gumi Co., which sources close to the company said will request its major creditors to forgive debts totaling 450 billion yen as part of a rehabilitation plan.