Business

Japanese electronics and energy giant Toshiba Corp. says its chairman is resigning to take responsibility for problems that will result in a $6.3-billion loss in its nuclear business.

Former CEO of AIG Hank Greenberg and CFO Howard Smith have agreed with the $9.9 million settlement with the New York Attorney General office.

Allergan Plc. has agreed to acquire biopharmaceutical company Zeltic Aesthetics Inc. for $2.48 billion in cash as an effort to strengthen the company’s aesthetics product lineups.