Business

Business

Facing big losses, Toshiba contemplates Westinghouse bankruptcy

Toshiba Corp. is considering having Westinghouse Electric Co. file for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code, among other options, as the U.S. company under Toshiba’s umbrella may accumulate further losses in its nuclear power plant business, The Yomiuri Shimbun newspaper learned Friday.

News

Virginia lawmakers wrap up session focused on budget

Virginia lawmakers have finished their work for the 2017 legislative session, a six week sprint that saw bipartisan cooperation on some issues like treating opioid addiction, but plenty of squabbles on social issues like abortion and gun issues.

Videos

Brian Moynihan talks about HB2

Bank of America CEO Brian Moynihan told a Charlotte audience Wednesday that House Bill 2 is hurting North Carolina’s economy as companies and organizations choose other states to locate jobs, conventions and other events
Diedra Laird The Charlotte Observer
Brian Moynihan talks about HB2 1:58

Brian Moynihan talks about HB2

Lisette Baumgardner discusses sewer leak caused by fiber contractor 3:29

Lisette Baumgardner discusses sewer leak caused by fiber contractor

Contractors install AT&T Fiber lines 1:11

Contractors install AT&T Fiber lines

Duke Energy CEO Lynn Good talks coal ash cleanup 2:22

Duke Energy CEO Lynn Good talks coal ash cleanup