Stories
Slash Boxes
Comments

SoylentNews is people

posted by on Wednesday April 12 2017, @06:46PM   Printer-friendly
from the bankruptcy-is-not-death dept.

Toshiba has reported another huge loss as it continues to try to recover from the bankruptcy of its Westinghouse nuclear unit:

Toshiba has filed its delayed financial results, warning that the company's survival is at risk. "There are material events and conditions that raise substantial doubt about the company's ability to continue as a going concern," the company said in a statement.

The electronics-to-construction giant reported a loss of 532bn yen (£3.8bn; $4.8bn) for April to December. However, the results have not been approved by the firm's auditors. These latest financial results have already been delayed twice and raise the possibility that Toshiba could be delisted from the Tokyo Stock Exchange.

Previously: Toshiba Nuked Half its Assets
Huge Nuclear Cost Overruns Push Toshiba's Westinghouse Into Bankruptcy


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Thursday April 13 2017, @03:04AM

    by Anonymous Coward on Thursday April 13 2017, @03:04AM (#493234)

    why rule out violence? a few overzealous punishments would be better than everybody getting screwed daily by government.

    Different AC here, but: if violence becomes the rule, then the most violent will rule.

    As an anti-slaver, I recognize violence as a valid defensive tool to use against those who initiate attacks against my exclusively self-owned body or the property I acquired with said body. Using violence as a social tool will just result in the same situation we have now in the USA: neighbor too loud? stranger in the 'hood? McDonalds out of chicken nuggets? CALL IN THE ARMED THUGS!

    As one alternative to violence when faced with liars, you could form a social group based upon honesty. When others lie or break contracts with the members of your society, you merely note the liars in your records and no one in your society will do business with them until the liar makes right his wrong. If your society owns the filling stations, supermarkets, and rental housing - well, too bad for the liar. (This also sharply illustrates the evils of the many "Civil Rights Acts" in the USA insofar as they claim to apply to private individuals and their businesses, since the liars are apt to lie about why they are being "discriminated against".)