/ Apr 8, 2017

Toshiba's auditor cutting it close on earnings report

Toshiba Corp. had not received auditor approval for its April-December earnings report as of Friday morning, informed sources said the same day. Its deadline for submitting the financial statement is Tuesday. If it fails again, it will have to request another extension or be ...

Apr 7, 2017

Trump, Tokyo huddle on ways to keep Westinghouse out of China's hands

The Trump administration and the Japanese government are in discussions to ensure that the bankruptcy of Toshiba Corp.’s U.S. unit, Westinghouse Electric Co., does not lead to U.S. technology secrets and infrastructure falling into Chinese hands, a U.S. official said on Thursday. Westinghouse filed ...

Toshiba says Westinghouse board to decide on bankruptcy

/ Mar 23, 2017

Toshiba says Westinghouse board to decide on bankruptcy

Toshiba Corp. said the board of its nuclear unit Westinghouse will decide whether to file for bankruptcy, suggesting that is one option under consideration as it struggles with billions of dollars in liabilities from cost overruns on nuclear construction projects. “Whether or not Westinghouse ...