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Westinghouse Eyes $50 Billion IPO As America Builds Valuations Faster Than Reactors
Westinghouse Eyes $50 Billion IPO As America Builds Valuations Faster Than Reactors
Westinghouse, the nuclear business that helped blow a hole in Toshiba’s balance sheet, is preparing for a different headline: a potential valuation above $50 billion.
Bloomberg reports that the American nuclear king could publicly file for an IPO as soon as October. It submitted confidential paperwork in July, and while nothing is set in stone yet, the proposed valuation would crown a wild rehabilitation.
The collapse came in 2017, when Toshiba-owned Westinghouse filed for Chapter 11 under the weight of...
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Jun 1, 2026 / Dave DeCamp
Iranian Media: Iran Suspends Exchange of Messages With US Due to Israel’s War and Escalations in Lebanon
Iran’s Tasnim news agency reported on Monday that Tehran has suspended the exchange of messages with the US that was being done through Pakistan due to Israel’s continued war and its escalations in Lebanon. “Given the continuing crimes of the Zionist regime in Lebanon and considering that Lebanon was one of the preconditions for the […]
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Jun 2, 2026 / Tyler Durden
Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada
Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada
Authored by Daniel Lacalle,
Governments are terrible at picking winners and even worse at choosing losers. Net zero and interventionist “Keynesian” policies in Canada and the UK have proven that government intervention has created a worse outcome than anyone would have expected. The result is higher costs, distorted incentives, and weakened productivity growth, with increased dependency on fossil fuels to attend to peak demand, exactly what Austrian economists predicted.
What has been sold as a recipe for...
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Jul 26, 2026 / Tyler Durden
Machete-Wielding Islamic Terrorist Killed By Cops After Deadly Berlin Pride Attack
Machete-Wielding Islamic Terrorist Killed By Cops After Deadly Berlin Pride Attack
Update (1400ET): The machete-wielding Islamic extremist who drove into a crowd at Berlin’s Pride festival has been shot dead by police.
Abdul Ballout, 21, crashed into partygoers near the Christopher Street Day Parade on Saturday night, killing one person and wounding 29 others.
As The Telegraph reports, the German citizen, who had Lebanese roots and a previous conviction for terror offences, was the subject of a manhunt for more than 20 hours until officers tracked him down to a garden shed in...
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