Toshiba sets up new panel to expand accounting probe

Toshiba Corp (6502.T) has set up a committee headed by a former prosecutor to broaden a probe of accounting irregularities that overstated operating profits by at least $420 million in recent years.

Duke Energy CEO wants pay-as-you-go construction

RALEIGH, N.C. (AP) -- The newly installed chief executive officer of Duke Energy Corp. wants to change how the utility is regulated in the Carolinas and Florida so that America's largest electric company can more easily pass along the cost of big power plants a little at a time.

Tepco seeks an extra $9bn in aid to pay compensation

Tokyo Electric Power Company (Tepco) has asked the government for an extra 690bn yen ($9bn; £5.6bn) to compensate victims of the nuclear crisis.