SCANA Corp. and Atlanta-based Southern Co. (NYSE: SO) have hired restructuring advisors to map out a strategy for recovering cost overruns at their multi-billion dollar nuclear construction projects should contractor Westinghouse file for Chapter 11 protection for creditors, Reuters reported. Toshiba Corp. faces $6.3 billion in losses at Westinghouse caused by losses in the construction of the V.C.
Report: Southern Co., Scana Gear Up For Westinghouse Bankruptcy Over Nuclear Losses
John Downey, Biz Journals
Fri, 03/24/2017 - 10:19am
BING NEWS:
- A Massive U.S. Nuclear Plant Is Finally Complete. It Might Be the Last of Its Kind.
A new nuclear reactor reached commercial operation in Georgia on Monday, completing a project whose delays and sticker shock helped upend the near-term prospects for nuclear power in the U.S.
04/29/2024 - 10:37 am | View Link - Report: Red Lobster considering bankruptcy filing
Could endless shrimp be the end of Red Lobster?According to a new report by Bloomberg, the seafood chain is mulling over filing for bankruptcy protection. The outlet reports there are several ...
04/18/2024 - 3:56 am | View Link - Industrial report calls for optimizing China's nuclear power layout
As of the end of 2023, China is leading the world with 26 nuclear power units currently under construction, with a total installed capacity of 30.3 GW. However, a report released by the China ...
04/15/2024 - 11:21 am | View Link - Mercedes Alabama Workers Gear Up For UAW Union Election: Report
The SUV plant is the second to seek an election petition with the National Labor Relations Board (NLRB) in recent weeks. Mercedes workers aimed to file the petition this week. The UAW claimed a ...
04/5/2024 - 7:46 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more