Westinghouse Files Chapter 11 Amid Nuclear Project Risks
In a Wednesday filing Lisa Donahue of Westinghouse says most divisions remain profitable but construction tied to the V C Summer and Vogtle reactors loses $343 million. Creditors include Fluor Enterprises and CB&I, while Toshiba weighs offloading Westinghouse to focus on existing reactors. SCANA faces potential rate hikes if Westinghouse departs, with ORS reviewing WNA impacts and audits urged by lawmakers. Toshiba aims to shed nuclear risks as V C Summer completion remains years from done and costs exceed budgets.
MENTIONED IN THIS ARTICLE
Lisa Donahue
Westinghouse
Georgia
South Carolina
Donahue
V.C. Summer
Project Vogtle
Burke County
Vogtle
Cb&i
Woodlands
Texas
Toshiba
Associated Press
W.C. Summer
SCANA
Jenkinsville
Office of Regulatory Staff
ORS
Dukes Scott
Minnesota man sues over wrongful abduction link in 1989 case
Dan Rassier, an elementary school music teacher, says investigators ruined his reputation by naming him a person of interest in the 1989 Jacob Wetterling abduction and using false information to obtain a search warrant. He was named in 2010 and not cleared until another man confessed last year.
MENTIONED IN THIS ARTICLE
Minneapolis
Minnesota
Jacob Wetterling
Authorities
Dan Rassier
Jacob
Rassier
U.S. District Court
Lien highlights in Westinghouse VC Summer case entanglements
Fluor Enterprises listed as top creditor in the Westinghouse VC Summer lien filing with nearly 194 million dollars. SCANA stock drops amid lacks of official comment as Fluor pledges support to SCANA Santee Cooper and Westinghouse while a 3 p.m. investor call looms. The mechanic lien covers labor materials and enforcement costs for the VC Summer project and notes last work was March 23. SCE&G and Santee Cooper reach a working agreement with Westinghouse to keep nuclear work moving. The ORS plans an WNA audit of residential bills by Sept. 1 as 120 complaints are filed.
MENTIONED IN THIS ARTICLE
SCANA
Santee Cooper
Westinghouse
Bankruptcy Court
Federal Court
Kevin
Rick Perry
V.C. Summer Nuclear Station
ORS
South Carolina
Sce&g
WNA
Scott
Aiken Standard
Securities and Exchange Commission
Marsh
SEC
Toshiba
Fukushima
Germany
Associated Press
Satoshi Tsunakawa
Fluor Enterprises
W.C. Summer
Fluor Corp
Savannah River Nuclear Solutions
Savannah River
Aiken County
Ken
Fluor
David Seaton
V.C
V.C. Summer
Scana Corp
Office of Regulatory Staff
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Office of Regulatory
John Bazemore
Waynesboro
Westinghouse Electric Co
U.S
Japan
Toshiba Corp
Keith Srakocic
Global
Cranberry
Sutton
Park Avenue
Aiken
Suttonmarine.com
Gymercury
Veara
AutoCare
East Pine Log Rd
the Market In Review
Henry Tam
Edgefield Ave
Aiken SC
Nyse Nasd
S&p
DOW Dow
DOW Util
Wilshire
Russell
Buta
At&t Inc
AbbottLab
Altria
AmExp
BP PLC
Boeing BrMySq
CBS B
CSX CampSp
Chevron Cisco
CocaCola
ConAgra
DTE
Disney DuPont Duke Engy
Eli Lilly
ExxonMbl
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Fordm
HP Inc
Harleyd Hershey
Intel JohnJn
Kennamd
KimbClk
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McDnids
TKR
TER
Merck
Microsoft Msft
NorflkSo Nsc
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Oracle Crcl
PepsiCo Pep
Pfizer Pfe
Philip Mor
ProdGam PG
PHM
PulteGrp RegionsFn RF
RDS/A
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SearsHidgs Shld Dd
SouthnCo So
SynovusFn Snv
Textron Txt
Wendys Co Wen
WestRck Wrk
World Whr
Pine Log Road
Staples Shopping Center
Autensofaiken.com
Lien
Agronics
A. Eliofing
Bates & Sons, Inc
Batesroofingsc.com
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