Tag - westinghouse

 
 

WESTINGHOUSE

Japan Times
BUSINESS / Companies
Apr 2, 2019
Made-in-China reactor gains favor at home as U.S. nuclear technology falters
China's homegrown nuclear technology is gaining ground in the battle for that nation's next generation of reactors, according to a state-owned developer, as it seeks to move on after delays and cost blowouts from imported designs.
Japan Times
WORLD / Crime & Legal
Oct 5, 2018
U.S. indicts seven Russians in hacking of nuclear firm Westinghouse and chemical arms investigative body
The United States on Thursday charged seven Russian intelligence officers with conspiring to hack computers and steal data from the nuclear energy company Westinghouse Electric Co. as well as anti-doping watchdogs, sporting federations and an international agency probing the use of chemical weapons....
BUSINESS / Companies
Jan 5, 2018
Brookfield agrees to buy Westinghouse's global nuclear business from Toshiba
The future of Westinghouse Electric Co.'s global nuclear business now rests in the hands of Brookfield Asset Management Inc.'s private equity arm.
BUSINESS / Companies
Nov 22, 2017
Toshiba share sale opens door to David Einhorn, Daniel Loeb, other activists angling for shakeup
Toshiba Corp.'s plan to raise more money may bring in vocal investors more willing to take an active role in the electronics maker's affairs.
BUSINESS
Nov 21, 2017
Westinghouse discussing group bid for Saudi nuclear tender, sources say
Toshiba-owned Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multibillion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said.
EDITORIALS
Aug 22, 2017
Still a long way to go for Toshiba
Toshiba has a long way to go before it's in the clear.
Japan Times
BUSINESS / Companies
Aug 10, 2017
Toshiba ducks delisting by submitting long overdue financial report
Struggling Toshiba Corp. dodged delisting Thursday by submitting its annual business report for 2016 just before deadline, accompanied by a shaky sign-off from its auditor.
Japan Times
BUSINESS
Jul 3, 2017
Westinghouse could be sold by year's end, U.S. seen telling India
The U.S. administration has told India that Westinghouse Electric Co. will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm.
Japan Times
BUSINESS
Jun 21, 2017
Toshiba selects three-way tie-up for chip unit sale, appearing to prioritize government concerns
Toshiba Corp. has chosen a consortium formed by Japanese, South Korean and U.S. investors as the preferred bidder for the sale of its flash memory business, the company said Wednesday, in a move that appears to have prioritized government concerns.
BUSINESS
May 18, 2017
Indian Cabinet approves plans to build 10 reactors in bid to fast-track nuclear power quest
India's Cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts, more than the country's entire current capacity, to fast-track its domestic nuclear power program.
BUSINESS / Companies
Apr 27, 2017
Future of Westinghouse may hinge on fate of its new Shanghai reactor
The start-up of a nuclear power plant south of Shanghai later this year has a lot riding on it.
BUSINESS / Companies
Apr 14, 2017
Apple said considering helping Toshiba with chip unit investment
Apple Inc. may be coming to Toshiba Corp.'s rescue.
BUSINESS
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.
Japan Times
BUSINESS / Companies
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.
JAPAN / NATIONAL SPOTLIGHT
Mar 19, 2017
Shareholders, former employees watch as Toshiba's fortunes fall
Shareholders, former workers brace for impact as ailing 142-year-old electronics conglomerate appears bound for crisis.
JAPAN / NATIONAL SPOTLIGHT
Mar 19, 2017
Toshiba turnaround hopes, planned sale of Westinghouse find skeptics
Toshiba Corp. has been forced to sell off a number of its businesses as it continues to lose money since its accounting scandal broke in 2015, and is now burdened with its troubled U.S. nuclear unit Westinghouse Electric Co.
Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba mulls sale of majority stake in Westinghouse
Struggling Toshiba Corp. says it is considering selling a majority stake in its U.S. nuclear unit, Westinghouse Electric Co., aiming to stem further losses from the troubled business.
Japan Times
BUSINESS / Companies
Mar 14, 2017
Toshiba's troubled Westinghouse may be strategic fit for China or South Korea
If Toshiba Corp. parts ways with its embattled U.S. nuclear unit, Westinghouse Electric Co., the likely buyer may be a regional neighbor with global ambitions.
Japan Times
BUSINESS / Companies
Feb 14, 2017
Toshiba says it is now considering selling majority stake in flash memory spinoff
Toshiba Corp.'s president said Tuesday the ailing electronics giant may sell a majority stake in its flash memory operations to cover losses caused by massive write-downs on its U.S. nuclear business.
Japan Times
BUSINESS / Companies
Feb 13, 2017
Toshiba's nuclear reactor mess winds back to a Louisiana swamp
If you want to understand why Toshiba is about to report a multi-billion dollar writedown on its nuclear reactor business, the story begins and ends with a onetime pipe manufacturer with roots in the swamp country of Louisiana.

Longform

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