Business / Corporate Apr 22, 2016

Toshiba faces ¥300 billion loss over Westinghouse

Toshiba Corp. plans to book an impairment loss of around ¥300 billion for fiscal 2015 linked to its U.S. nuclear power subsidiary Westinghouse Electric Co., sources familiar with the matter said Friday. The loss would be larger than anticipated. The struggling electronics maker, mired in ...