TOKYO—Japan’s Hitachi Ltd. will sell about half its 51 percent stake in unit Hitachi Construction Machinery Co. to trading firm Itochu Corp. and investment fund Japan Industrial Partners, public broadcaster NHK reported on Thursday. Hitachi will sell the stake for about 200 billion yen ($1.7 billion), according to a Nikkei business daily report, which did…

TerraPower, a nuclear power venture founded by Bill Gates, announced Tuesday that it has picked a coal-mining town in Wyoming as the site for building a $4 billion demonstration nuclear plant with partial funding from the U.S. government. TerraPower, along with GE Hitachi Nuclear Energy, has picked Kemmerer, a remote western Wyoming town for building…

The ongoing disruption to Britain’s rail services, which were caused by problems found in Hitachi’s high-speed trains, is expected to continue for weeks. Rail companies said over the weekend that they had to suspend some services after cracks were found in some Class 800 series Hitachi trains, which are used by Great Western Railway (GWR),…

Britain’s rail network is experiencing significant disruption on Saturday after a number of high-speed Hitachi trains were taken off service after cracks were found. “Routine checks of Hitachi trains early this morning identified cracks on part of the chassis of some trains. Safety is always our absolute priority, so these trains have been taken off…