Toshiba Warns It May Be Unable to Stay in Business

12 Apr 2017   Japan, Nuclear

Toshiba Corp. on Tuesday expressed doubt for the first time that it can survive in light of huge losses at its U.S. nuclear subsidiary, which filed for bankruptcy last month. The company issued the warning alongside its latest earnings report, which came two months late and without the approval of its auditor. Toshiba, which traces…

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