Westinghouse Electric used to be a component of the Dow Jones Industrial Average. - JBK
U.S. nuclear company Westinghouse Electric is filing for bankruptcy, its Japanese owner Toshiba said Wednesday.
Westinghouse, which was bought by Toshiba in 2006, has suffered billions of dollars in losses due to delays and cost overruns at nuclear plants under construction in Georgia and South Carolina.
Toshiba's Westinghouse Electric is filing for Chapter 11 bankruptcy - Mar. 29, 2017
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