Toshiba Posts Steepest Decline Since 1974 on Reported Losses

Toshiba Corp. fell as much as 26 percent, the biggest intraday decline in more than four decades, after a report that the loss in its nuclear business may exceed the 500 billion yen ($4.4 billion) maximum the company had flagged to lenders.

Toshiba Corp. fell as much as 26 percent, the biggest intraday decline in more than four decades, after a report that the loss in its nuclear business may exceed the 500 billion yen ($4.4 billion) maximum the company had flagged to lenders.