NEW YORK -- Just as Toshiba appears to be turning the corner from its accounting scandal, the Japanese conglomerate faces a huge write-down on its U.S. atomic power operations owing to risks of cost escalation in plant construction.
Westinghouse Electric's work on reactors for a new nuclear power plant in Augusta, Georgia, has been suspended every time U.S. Nuclear Regulatory Commission inspectors come to check on the facility, a site worker said in May, describing the agency's frequent visits.