Nuclear energy

Westinghouse is one of the biggest names in nuclear energy around the world, and has been working on four new U.S. nuclear plants for years. Those South Carolina and Georgia-based projects have already run some $8 billion over budget. Now, Westinghouse has declared bankruptcy. This raises big questions about whether there’s a place for more […]

Westinghouse Electric Company, the nuclear energy firm based in Pittsburgh, filed for Chapter 11 bankruptcy Wednesday. Westinghouse is owned by the Japanese company Toshiba and has been running several years late and billions of dollars over budget in its construction on several nuclear reactors in the southern United States.  Click the above audio player to […]

Toshiba, a fixture of Japan Inc. for more than a century, is in big trouble — to the tune of $6.3 billion. The company announced that whopping loss after the market closed in Tokyo today, and that may not be the worst yet. Some news reports say Toshiba might not survive in its current form. It is, […]

Toshiba, a fixture of Japan Inc. for more than a century, is in big trouble — to the tune of $6.3 billion. The company announced that whopping loss after the market closed in Tokyo today, and that may not be the worst yet. Some news reports say Toshiba might not survive in its current form. […]

Big challenges on the horizon for replacing nuclear power.

The electronics company branched out into building nuclear power plants.

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