Toshiba Corp. plans to stop building nuclear power plants after incurring billions of dollars in losses trying to complete long-delayed projects in the U.S., a move that could have widespread ramifications for the future of the nuclear-power industry. The Japanese industrial conglomerate is set to announce plans to exit nuclear construction by the middle of February, according to a Toshiba executive familiar with the matter. The executive also said Toshiba’s chairman, Shigenori Shiga, and Danny Roderick, a Toshiba...

Source: Wall Street Journal January 31, 2017 18:25 UTC