Panasonic slumped to a 30.4 billion yen ($389 million) quarterly loss, hit by lower sales after the earthquake in northeastern Japan, and announced the sale of part of its refrigerator and washing machine business to Chinese rival Haier.
(read the story…)
The growing populist political movement has taken another step forward after Tokyo Gov. Shintaro Ishihara announced he will create a school for aspiring lawmakers...