Tagged With "Bankruptcy"

Don't have a subscription, maybe someone else does?? Corp going bankrupt would be a big deal. Curious how it would affect their business units.

Toshiba Partners Brace for Possible Bankruptcy Filing TOKYO— Toshiba Corp.’s business partners are preparing for a scenario in which the company seeks to reorganize under Japanese bankruptcy … The Wall Street Journal 17h Bankruptcy Filing

Electronics and machinery giant Toshiba Corp. continues to flounder after massive losses in its nuclear power business in the United States came to light in December 2016, plunging the corporation into negative net worth. Toshiba’s auditor gave only qualified approval of its business results for the fiscal year ending March 2017 due to a disagreement over how Toshiba handled the losses on its balance sheet, leading to a delay in announcing its annual earnings results and filing its annual...