×

Top News & Analysis South Carolina

  • March 28- Electric bills in Georgia and South Carolina could rise more than customers expect if state utilities are left stranded by a Westinghouse Electric Co bankruptcy filing expected this week, consumer advocates said. U.S. nuclear developer Westinghouse is the lead contractor building two nuclear reactors each in Georgia and South Carolina, both of...

  • TOKYO, March 29- U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles to limit losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said. Pittsburgh- based Westinghouse, crippled by cost overruns at two U.S. power plant projects in...

  • TOKYO, March 29- U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles to limit losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said. Pittsburgh- based Westinghouse, crippled by cost overruns at two U.S. power plant projects in...

  • TOKYO, March 29- U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said. Pittsburgh- based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and...

  • TOKYO, March 29- U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said. Pittsburgh- based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and...

  • A worry for Prime Minister Shinzo Abe is that a bankruptcy would give President Donald Trump cause to criticise Japanese firms operating in the United States. "Westinghouse is a major employer and nuclear industry company with ongoing nuclear new build projects in two different states, one of which is supported by U.S. Department of Energy loan guarantees,"...

  • A worry for Prime Minister Shinzo Abe is that a bankruptcy would give President Donald Trump cause to criticise Japanese firms operating in the United States. "Westinghouse is a major employer and nuclear industry company with ongoing nuclear new build projects in two different states, one of which is supported by U.S. Department of Energy loan guarantees,"...

  • TOKYO, March 27- Toshiba Corp's U.S nuclear unit could file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, hoping to ring fence losses ahead of the end of its financial year. Separate sources with knowledge of the matter said last Friday Toshiba had informed its main banks that it was...

  • SEATTLE, March 24- A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. Aerospace components often zigzag through multiple countries and companies before reaching Boeing's...

  • March 20- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Should it file for bankruptcy, the money would allow Westinghouse to continue to pay employees and build four...

  • March 20- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Should it file for bankruptcy, the money would allow Westinghouse to continue to pay employees and build four...

  • Rep. Trey Gowdy (R-SC) questions FBI Director James Comey and National Security Agency Director Mike Rogers during a hearing into alleged Russian meddling in the 2016 U.S. election, on Capitol Hill in Washington, March 20, 2017.

    Here's a transcript of Rep. Trey Gowdy grilling FBI Director James Comey before the House Intelligence Committee.

  • *White House opposed to Chapter 11 for Westinghouse- Yomiuri. *Govt spokesman says not aware that this is White House's stance. TOKYO, March 17- The Japanese government said it was not considering steps to support embattled Toshiba Corp and will share information with Washington on developments involving the firm and its U.S. nuclear unit Westinghouse.

  • WASHINGTON, March 16- Japan's industry minister said on Thursday he had agreed with the U.S. energy and commerce secretaries to share information on developments involving Toshiba Corp and its troubled U.S. nuclear affiliate, Westinghouse Electric Co, Japan's Kyodo news agency reported. Kyodo said Hiroshige Seko, Japan's minister of economy, trade and...

  • WASHINGTON, March 16- Japan's industry minister said on Thursday he had agreed with the U.S. energy and commerce secretaries to share information on developments involving Toshiba Corp and its troubled U.S. nuclear affiliate, Westinghouse Electric Co., Japan's Kyodo news agency reported. Kyodo said Hiroshige Seko, Japan's minister of economy, trade and...

  • Trump's plan, submitted to Congress on Thursday and showcasing his administration's economic priorities, is just the first volley in what will likely be an intense battle over spending in coming months. Although Trump's fellow Republicans control both the Senate and House of Representatives, Congress holds the federal purse strings and seldom approves...

  • Although both the Senate and House of Representatives are controlled by Trump's fellow Republicans, Congress holds the federal purse strings and seldom approves presidents' budget plans. Trump's plan took a big swipe at some federal institutions, envisaging a more than 31 percent cut, or $2.6 billion, for the Environmental Protection Agency and a 28 percent...

  • WASHINGTON, March 16- President Donald Trump will ask the U.S. Congress for dramatic cuts to many federal programs as he seeks to bulk up defense spending, start building a wall on the border with Mexico and spend more money deporting illegal immigrants. It is the first volley in what is expected to be an intense battle over spending in coming months in Congress,...

  • WASHINGTON, March 16- President Donald Trump will ask the U.S. Congress for dramatic cuts to many federal programs as he seeks to bulk up defense spending, start building a wall on the border with Mexico and spend more money deporting illegal immigrants. It is the first volley in what is expected to be an intense battle over spending in coming months in Congress,...

  • WASHINGTON, March 16- President Donald Trump will ask the U.S. Congress for dramatic cuts to many federal programs as he seeks to bulk up defense spending, start building a wall on the border with Mexico and spend more money deporting illegal immigrants. It is the first volley in what is expected to be an intense battle over spending in coming months in Congress,...