CoreComm Internet

Features

Make this your home page

Toshiba says Westinghouse files for bankruptcy protection

TOKYO (AP) Japan's embattled Toshiba Corp. said Wednesday that its U. S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, marking a key step in its struggles to stop the flow of massive red ink. Toshiba said in a statement that it filed the Chapter 11 petition in the U. S. Bankruptcy Court of New York. The move had been largely expected. Toshiba has said it's expecting a loss of 500 billion yen ($4. 3 billion) for April-December of last year, including a 712. 5 yen...

Read More
 

----------
Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by Weather Underground