News Headlines - 12 October 2016

▽Cable fire cuts electricity to 350,000 homes in Tokyo area：The Asahi Shimbun

A fire caused a blackout in the Tokyo metropolitan area on Oct. 12, leading to a temporary loss of power at an estimated 350,000 households in the Japanese capital, according to Tokyo Electric Power Co.

▽Toyota Motor, Suzuki in Talks on Business Partnership - WSJ

Toyota Motor Corp. said Wednesday it was in talks with Suzuki Motor Corp. to share the burden of developing self-driving cars and low-cost vehicles, a step the companies said was needed to survive “unprecedented” change.

▽Former SMBC banker arrested for allegedly stealing \190 million | The Japan Times

A former senior employee of Sumitomo Mitsui Banking Corp. was arrested Wednesday for allegedly pocketing about \190 million ($1.84 million) by manipulating the bank’s foreign exchange trading system, police said.

▽Wells Fargo CEO steps down in wake of sham accounts scandal - The Washington Post

Wells Fargo announced Wednesday that its longtime chief executive and chairman, John G. Stumpf, is stepping down, the latest turn for the embattled megabank after it admitted that thousands of low-level employees had set up sham accounts to meet sales quotas.

▽Dutch may allow assisted suicide for those who feel they have 'completed life'

The Dutch government intends to draft a law that would legalise assisted suicide for people who feel they have "completed life", but are not necessarily terminally ill, it said on Wednesday.