The White House has not ruled out providing government support for Westinghouse, the bankrupt US nuclear group, as the Trump administration works to ensure that the US remains a force in the nuclear industry. A senior White House official said the administration is holding regular discussions about Westinghouse since the company entered Chapter 11 bankruptcy proceedings in March. Officials are trying to find a buyer for Westinghouse to ensure it does not fall into Chinese or Russian hands, but the White House is aware that without an acceptable private-sector solution the group may need government help to remain under US control.
FT 28th June 2017 read more »