Panasonic (PC) president Kazuhiro Tsuga says the company will shed unprofitable businesses but...

Panasonic (PC) president Kazuhiro Tsuga says the company will shed unprofitable businesses but fell short of indicating it will exit its money-bleeding TV operation. More big changes could be on the way at Panasonic with it expected to pile up losses of 765B yen ($8.1B) for the fiscal year ending at the end of the month.