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August 15, 2024
 

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WESTINGHOUSE

Japan Times
WORLD / Politics
Jul 30, 2019
Billionaire friend of Trump aimed to profit from Middle East nuclear deal, congressional report says
Tom Barrack, a billionaire and friend of U.S. President Donald Trump, pursued a plan to buy Westinghouse Electric Corp. from Toshiba Corp. even as he lobbied Trump to become a special envoy to promote the building by the firm of nuclear power plants in Saudi Arabia, said a congressional report released...
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.
Japan Times
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.
Japan Times
BUSINESS / Companies
Apr 10, 2017
Toshiba mulls selling unprofitable domestic TV business
Toshiba Corp. is reportedly considering selling its unprofitable domestic television business in an effort to boost its financial standing.
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.
BUSINESS
Apr 5, 2017
Trump officials alarmed China may bid for Toshiba's Westinghouse unit
The Trump administration is so alarmed that Chinese investors may try to purchase Westinghouse Electric Co.'s nuclear business that U.S. officials are trying to find an American or allied buyer for the company instead, two people familiar with the matter said.
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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