Thousands march as Japan shuts off nuclear power

TOKYO (AP) — Thousands of Japanese marched to celebrate the switching off of the last of their nation's 50 nuclear reactors Saturday, waving banners shaped as giant fish that have become a potent anti-nuclear symbol.

Japan seeks new energy supplies

The closure of Japan's nuclear reactors has prompted a hunt for alternative sources of energy in the resource-poor country.

Tepco considers job cuts as part of restructuring plan

Tokyo Electric Power Company (Tepco), the owner of the stricken Fukushima Daiichi nuclear plant, is considering cutting thousands of jobs.

Reports say Tepco has told a government backed committee that it may cut as many as 5,000 jobs or 10% of its workforce.

The committee is expected to announce a restructuring plan for Tepco next week.

Tokyo Electric stock surges after approval of rescue plan

(CNN) -- Japan's beleaguered Tokyo Electric Power Co. received some rare good financial news Wednesday as its stock soared 32% after the government approved a rescue plan a day earlier.

TEPCO shares added 80 yen to close at 329 yen.

Speculators were in a buying mood after Japan's government approved the rescue plan for the owner of the crippled Fukushima Daiichi Nuclear Plant. The plan also must be approved by the Japanese parliament