Around the web
Displaying links tagged Westinghouse [back to index]
19 Oct 201726 Jul 201729 Mar 201721 Mar 201717 May 201610 May 20125 Jan 201211 Oct 201129 Jul 201117 Jun 2008
Toshiba is being investigated by regulators in Japan concerning financial reports relating to the failed Westinghouse nuclear unit.
ZDNet
Toshiba's board will meet on Wednesday to consider offers for its chip unit from Western Digital and Taiwan's Foxconn in addition to a bid from a consortium that was previously favorite, a source familiar with the matter said. Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt US nuclear business Westinghouse.
Reuters
The US firm has struggled with hefty losses that have thrown its Japanese parent into a crisis, putting the conglomerate's future at risk.
BBC News
The Japanese government said it was not considering steps to support embattled Toshiba and will share information with Washington on developments involving the firm and its US nuclear unit Westinghouse.
Reuters
Toshiba posted a wider-than-forecast operating loss after the troubled electronics conglomerate wrote down the value of its Westinghouse power unit.
Bloomberg
Wall Street Journal
Clean Energy Authority
Wall Street Journal