Huwebes, Marso 17, 2016

Westinghouse CEO strongly denies Bloomberg report

Westinghouse Electric Co. CEO Danny Roderick denied a Bloomberg report that said its parent company was under investigation in the U.S. in a strongly worded statement Thursday night.

Citing unnamed sources, Bloomberg reported on Tuesday night the Department of Justice and the U.S. Securities and Exchange Commission were probing Toshiba Corp.'s accounting where it related to the Cranberry Township-based Westinghouse. Toshiba stock dropped 8 percent Wednesday on the Tokyo stock market.

There were…


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