Bloomberg Toshiba Corp. signed a final agreement to sell its flash memory chip business to a group led by Bain Capital for about $18 billion, moving a step closer to completing the deal after months of contentious negotiations. The Bain consortium includes major technology players Apple Inc., Dell Inc., SK Hynix Inc. and Japan’s Hoya Corp., while Toshiba itself will ...

Bloomberg For 19 nonstop hours as Hurricane Irma lashed Florida, disc jockey Nio Fernandez broadcast updates in Spanish from the 92.5 Maxima radio studios in St. Petersburg, fielding updates from those trapped in their homes as wind and rain whipped through the area. “There was a sense of desperation in people’s voices,” he said of callers to the station. “They ...

Bloomberg Citigroup Inc. and the wreckage of Lehman Brothers Holdings Inc. have resolved a fight over $2.1 billion that dates to the financial crisis, while quietly burying a key question about derivatives-trading practices. Citigroup agreed that it will give back $1.74 billion to the estate of the failed New York-based investment bank. Citigroup had kept about $2.1 billion that Lehman ...