TOKYO The recent bankruptcy filing by U.S. nuclear unit Westinghouse Electric may have extricated Toshiba from one major mess. Yet it has also put the crisis-battered electronics maker in a deeper financial hole, complicating its turnaround efforts.
Toshiba President Satoshi Tsunakawa on March 29 told reporters that Westinghouse's Chapter 11 filing will take the company out of the nuclear business overseas, "eliminating the biggest risk we face."
