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August 15, 2024
 

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WESTINGHOUSE

Japan Times
BUSINESS / Companies
Mar 30, 2017
Failed gamble leaves Toshiba investors irate
Shareholders on Thursday slammed management for a disastrous plunge caused by the company's nuclear investment, questioning whether the 142-year-old conglomerate can survive the aftermath.
Japan Times
BUSINESS / Companies / FOCUS
Mar 30, 2017
American tech icon Westinghouse bet on nuclear, and lost
Westinghouse Electric Co., once synonymous with America's industrial might, wagered its future on nuclear power — and lost.
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 Times
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 Times
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.
BUSINESS / Companies
Mar 13, 2017
Toshiba reportedly to push back release of earnings again
Sources say Toshiba Corp. will once again push back the release of its financial results after missing the initial deadline a month ago to probe a potential auditing problem at its U.S. nuclear unit, Westinghouse.
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.
Japan Times
BUSINESS
Feb 8, 2017
Reactor renaissance stymied by costly delays, strict safety regimens
Costly delays, growing complexity and new safety requirements in the wake of the three meltdowns at the Fukushima No. 1 plant are conspiring to thwart a new age of nuclear reactor construction.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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