Westinghouse

Toshiba Projects Record Loss as Nuclear Unit Files for Bankruptcy

EghtesadOnline: Toshiba Corp. projected its annual loss could more than double to a record 1.01 trillion yen ($9.1 billion) as its U.S. nuclear unit Westinghouse Electric filed for Chapter 11 bankruptcy.

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Publish Date:29/March/2017 | 14:01

How an American Tech Icon Bet on Nuclear -- and Lost its Way

EghtesadOnline: Westinghouse Electric Co., once synonymous with America’s industrial might, wagered its future on nuclear power -- and lost.

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Publish Date:29/March/2017 | 13:39

Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges: sources

EghtesadOnline: Japan's Toshiba Corp has informed its main lenders it is planning for U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31, people briefed on the matter said on Friday.

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Publish Date:24/March/2017 | 24:16