Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, February 15, 2017

Downfall of Toshiba, a nuclear industry titan

Downfall of Toshiba, a nuclear industry titan
Toshiba's decision to give up on bidding to be a lead contractor on nuclear power plant projects will dramatically reduce its ability to compete with ...https://www.ft.com/content/416a2c9c-f2d3-11e6-8758-6876151821a6

Make Nuclear Indian Again: Why Toshiba's Exit Is Not All Bad News

The Quint - ‎8 hours ago‎
If India is really serious about its ambitions for nuclear power – as it should be given that it is a valuable source of baseload low carbon electricity – it needs to commit to locally made Pressurised Heavy Water Reactors (PHWRs). These are reactors ...https://news.google.com/news/story?ncl=https://www.ft.com/content/416a2c9c-f2d3-11e6-8758-6876151821a6&hl=en&geo=US

Nuclear business losses cost Toshiba chairman

Omaha World-Herald - ‎15 hours ago‎
TOKYO (AP) — Toshiba Corp.'s chairman resigned Tuesday after the company logged such massive losses in its nuclear business that it must sell its lucrative computer-chip business to avoid going belly-up. The company projected a 712.5 billion yen ($6.3 ... https://news.google.com/news/story?ncl=https://www.ft.com/content/416a2c9c-f2d3-11e6-8758-6876151821a6&hl=en&geo=US

Risk of breaking up hangs over Toshiba after 712 billion yen nuclear loss in US

The Mainichi - ‎14 hours ago‎
Toshiba Corp. has effectively fallen into a capital deficit as the result of a 712.5 billion yen ($6.3 billion) write-down for its U.S. nuclear business in its Feb. 14 outlook for the April-December 2016 period. 【Related】Toshiba expects 712 bil. yen U ...http://mainichi.jp/english/articles/20170215/p2a/00m/0na/012000c

Fate Of Hundreds Of Westinghouse Workers Up In The Air

CBS Local - ‎20 hours ago‎
CRANBERRY TOWNSHIP (KDKA) — It was a tough morning on the Westinghouse campus in Cranberry Township on Tuesday. Almost 5,000 employees arrived for work wondering if they would still have a job at the end of the day. The word was out, bad ... http://pittsburgh.cbslocal.com/2017/02/14/fate-of-hundreds-of-westinghouse-workers-up-in-the-air/

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