Thursday, 30 March 2017

Huge nuclear cost overruns push Toshiba's Westinghouse into bankruptcy

Huge nuclear cost overruns push Toshiba's Westinghouse into bankruptcy

Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp, filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast.
Read more: http://www.reuters.com/article/us-toshiba-accounting-board-idUSKBN17006K?source=Snapzu

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