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Toshiba, Westinghouse Electric in dire financial condition
Toshiba bought Westinghouse Electric, which provides appliances, energy, and more. Among the many things Westinghouse does is build nuclear power plants. And that’s the problem. Multiple nuclear plants are way late and way over budget. The result is Westinghouse just filed for Chapter 11 bankruptcy and Toshiba may not survive as a company. It is […]
Bob Morris