User: demo Topic: Energy
Category: Nuclear
Last updated: Mar 30 2017 07:39 IST RSS 2.0
 
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Bet on nuclear power sends Westinghouse into bankruptcy 30.3.2017 Seattle Times: Top stories

Now a unit of Japanese technology giant Toshiba, Westinghouse on Wednesday filed for Chapter 11 bankruptcy-court protection, citing as much as $10 billion in debt.
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Westinghouse files for bankruptcy 30.3.2017 SFGate: Business & Technology
Westinghouse Electric Co., the U.S. nuclear unit of Japan’s Toshiba Corp., filed for bankruptcy protection Wednesday, calling into question the future of a number of billion-dollar nuclear projects under construction, including two in the U.S. Nuclear power is cleaner than generating electricity with coal or natural gas, but building a nuclear reactor is much more complex and prohibitively costly. After the March 2011 nuclear disaster in Fukushima, public sentiment turned against nuclear power in countries including Japan and Germany. [...] some older nuclear plants are being shuttered and the four nuclear reactors Westinghouse is helping to build in South Carolina and Georgia are behind schedule and billions of dollars over budget. Auditors questioned Toshiba’s latest reporting on the acquisition of CB&I Stone & Webster after a whistle-blower, an employee at Westinghouse, wrote a letter to the Westinghouse president.
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Westinghouse troubles loom over SC, Georgia nuke projects 30.3.2017 AP Business
Westinghouse Electric Co., the U.S. nuclear unit of Japan's Toshiba Corp., filed for bankruptcy protection Wednesday, calling into question the future of a number of billion-dollar nuclear projects under construction, including two in the U.S....
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Westinghouse troubles loom over SC, Georgia nuke projects 30.3.2017 Seattle Times: Business & Technology

Westinghouse Electric Co., the U.S. nuclear unit of Japan’s Toshiba Corp., filed for bankruptcy protection Wednesday, calling into question the future of a number of billion-dollar nuclear projects under construction, including two in the U.S. Westinghouse said in a statement that it filed the Chapter 11 petition in U.S. Bankruptcy Court in New York. The […]
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Utilities vow to finish reactors despite Westinghouse woes 29.3.2017 Seattle Times: Business & Technology

COLUMBIA, S.C. (AP) — The electric utilities that own two nuclear reactors under construction in South Carolina say they’re committed to finishing the project despite the bankruptcy of builder Westinghouse Electric Co. State-owned utility Santee Cooper and SCANA Corp. are partners on the project at the V.C. Summer Nuclear Station near Jenkinsville, South Carolina. Now, […]
Toshiba: Westinghouse files for bankruptcy 29.3.2017 Salt Lake Tribune
Tokyo • 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 ($4.3 billion) for April-December of last year, including a 712.5 billion yen ($...
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Westinghouse fallout: Utilities vow to finish reactors 29.3.2017 Salt Lake Tribune
Columbia, S.C. • The electric utilities that own two nuclear reactors under construction in South Carolina say they’re committed to finishing the project despite the bankruptcy of builder Westinghouse Electric Co. State-owned utility Santee Cooper and SCANA Corp. are partners on the project at the V.C. Summer Nuclear Station near Jenkinsville, S.C. Now, the utilities have signaled their commitment to keeping the project on track as part of an agreement filed in Westinghouse’s bankruptcy proceedi...
Westinghouse Files For Bankruptcy Protection, 10 Years After Acquisition By Toshiba 29.3.2017 NPR News
Through Westinghouse, Toshiba had planned to build four nuclear power reactors — two each in Georgia and South Carolina.
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Toshiba says Westinghouse files for bankruptcy protection 29.3.2017 AP Business
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....
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Decades-old war over Yucca Mountain nuclear dump resumes under Trump budget plan 29.3.2017 LA Times: Nation

An abandoned tunnel in the desolate Nevada desert, barricaded only by a chain-link fence, is all that remains of the nation’s tortured effort to create a permanent repository for nuclear waste 100 miles northwest of Las Vegas.

After spending $11 billion, the Energy Department met with unrelenting...

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Toshiba's Westinghouse files for US bankruptcy 29.3.2017 BBC: Business
Westinghouse has struggled with losses that have thrown its Japanese parent into a major crisis.
Toshiba says Westinghouse has filed for bankruptcy protection in the U.S. 29.3.2017 LA Times: Business

Japan's embattled Toshiba Corp. says its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection.

Toshiba said in a statement Wednesday that it filed the chapter 11 petition in the U.S. Bankruptcy Court of New York. The move had been largely expected.

Toshiba is expecting...

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Toshiba says Westinghouse filing for bankruptcy protection 29.3.2017 AP Business
TOKYO (AP) -- Japan's embattled Toshiba Corp. says its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection....
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Toshiba says Westinghouse filing for bankruptcy protection 29.3.2017 Seattle Times: Top stories

TOKYO (AP) — Japan’s embattled Toshiba Corp. says its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection. Toshiba said in a statement Wednesday that it filed the chapter 11 petition in the U.S. Bankruptcy Court of New York. The move had been largely expected. Toshiba is expecting a loss of 500 billion […]
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India warns against state patronage of terrorists getting WMD 29.3.2017 Hindu: National
Tacitly alluding to Pakistan, it says the threat of non-state actors accessing such arms is “real and present.”
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NuSTAR probes puzzling galaxy merger 28.3.2017 New Kerala: World News
NuSTAR probes puzzling galaxy merger
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Noam Chomsky: Trump's First 100 Days Are Undermining Our Prospects for Survival 28.3.2017 Truthout.com
Behind the Trump circus, the policies being enacted are the most reactionary of the Republican fringe, warns Noam Chomsky. (Image: Jared Rodriguez / Truthout ) In this exclusive interview for Truthout, Noam Chomsky reflects on the destruction set in motion by this White House. Trump's constant distortion of the truth is part of a two-pronged strategy, he says, to distract attention from Paul Ryan and the reactionary fringe of the Republican establishment as they ram through a policy agenda that seeks to make the rich richer and the poor poorer. Behind the Trump circus, the policies being enacted are the most reactionary of the Republican fringe, warns Noam Chomsky. (Image: Jared Rodriguez / Truthout ) The first 100 days are considered to be a benchmark for presidential performance. This is part of the legacy of FDR, who managed to reshape the US government's role in the economy within the first 100 days of his administration. However, the fact of the matter is that usually, a first-time president doesn't ...
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US Media’s Global Warming Denialism 28.3.2017 ConsortiumNews.com
Exclusive: Besides nuclear war, arguably the greatest threat to human civilization is global warming, but the U.S. news media virtually ignored the issue in 2016, bowing to economic and political pressures, writes Jonathan Marshall. By Jonathan Marshall Emperor Nero may…Read more →
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Energy chief Perry tours Yucca Mountain nuclear site 28.3.2017 AP Business
WASHINGTON (AP) -- Energy Secretary Rick Perry has toured the site of the failed nuclear waste dump at Nevada's Yucca Mountain, his first visit to an Energy Department site since taking over the department. Perry's visit comes less than two weeks after President Donald Trump proposed $120 million to restart a licensing process for the site in the desert outside Las Vegas....
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Energy chief Perry tours Yucca Mountain nuclear site 28.3.2017 Seattle Times: Top stories

WASHINGTON (AP) — Energy Secretary Rick Perry has toured the site of the failed nuclear waste dump at Nevada’s Yucca Mountain, his first visit to an Energy Department site since taking over the department. Perry’s visit comes less than two weeks after President Donald Trump proposed $120 million to restart a licensing process for the […]
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