Why did Westinghouse go out of business?
Why did Westinghouse go out of business? On March 24, 2017, parent company Toshiba announced that Westinghouse Electric Company would file for Chapter 11 bankruptcy because of US$9 billion of losses from nuclear reactor construction projects. In 2018, Westinghouse was acquired by Brookfield Business Partners and some partners. What are the advantages and disadvantages of…