Toshiba chief executive resigns over scandal –
Toshiba’s chief executive and president Hisao Tanaka has resigned after the company said it had overstated its profits for the past six years.
He will be succeeded by chairman Masashi Muromachi, with vice-chairman Norio Sasaki also stepping down.
On Monday, an independent panel appointed by Toshiba said the firm had overstated its operating profit by a total of 151.8bn yen ($1.22bn, £780m).
The overstatement was roughly triple an initial estimate by Toshiba. [BBC]
Khloe Kardashian to Host ‘Hybrid’ Talk Show on FYI Channel –
The FYI channel says Khloe Kardashian will host and produce a “hybrid” talk series titled “Kocktails With Khloe.” Kardashian will be joined in the kitchen and at the dinner table by celebrity guests and friends for conversation, cooking and party games, FYI said Tuesday. She’s been part of her family’s TV empire in shows including “Keeping up With the Kardashians” and “Khloe and Lamar,” which featured NBA player Lamar Odom. Odom and Kardashian were married, but she filed for divorce in 2013. “Kocktails With Khloe” is set to debut in late 2015. [NY Times] Khloe Kardashian
Vladimir Putin says Sepp Blatter deserves Nobel Prize –
Vladimir Putin has said that Sepp Blatter deserves to win the Nobel Prize and does not believe a word of the corruption allegations against the Fifa president. In an interview with Swiss broadcaster RTS, the Russian president gave his full support to the Fifa president just days after Mr Blatter had assured him that Russia had Fifa’s “complete trust” as hosts of the next World Cup finals in 2018. Mr Putin added that he believed that bribery scandal being investigated by US, Swiss and other law enforcement agencies was as a result of the failure of England and the US to win the rights to host the 2018 and 2022 World Cups. [Daily Telegraph] Vladimir Putin
Norwegian court orders bank to cover man’s £23k lap-dance and drinks bill –
A Norwegian court has ordered a bank to cover a £23,400 drink and lap-dance bill run up by one man during a night at a Polish strip club. The court made the decision after it concluded he had been drugged and could not be held responsible for his actions. Sparebank 1 will now have to make up for its client’s losses even though an investigation by Polish police into the incident at the club in the up-market seaside town of Sopot has been discontinued. The court rejected Sparebank’s argument that the man was responsible for how he spent his money, saying all the evidence suggested he was doped, and therefore a victim. [Daily Telegraph]
Winning tickets in the nearly $1.6-billion Powerball lottery were sold in California, Florida and Tennessee, officials said on Thursday, leaving at least three people to split the record-setting jackpot. California Lottery officials confirmed that the winning six numbers had been purchased at a convenience store outside Los Angeles, as well as at locations in Florida and Tennessee. The identity of the winners was not yet known. Lottery officials said it could be several hours before it is known whether there are other winners in the 44 states, Washington, D.C. and two U.S. territories where Powerball is played. In Chino Hills, a suburb east of Los Angeles, crowds descended on a 7-Eleven store where the winning ticket had been bought, snapping pictures and congratulating staff. The store will receive a $1-million bonus for selling the ticket. The odds of picking a winning combination were 1 in 292 million. [Daily Mail]
Three winning Powerball lottery tickets are sold in the U.S. states of California, Florida, and Tennessee. Each will share the estimated jackpot of US $1.6 billion dollars, the largest lottery jackpot in world history. (ABC News)
Subtropical Storm Alex is located 785 miles (1,260 km) south-southwest of the Azores. Alex is one of just four tropical or subtropical storms to occur in January since 1851, the first year records were kept. The hurricane season begins on June 1 of each year. Alex is expected to hit the Azores on Friday with average rain accumulations of 3 to 5 inches. (The Washington Post)(NHC)