GE (GE) and Hitachi (HIT) are in talks to change the ownership structure of their nuclear-power...

|By:, SA News Editor

GE (GE) and Hitachi (HIT) are in talks to change the ownership structure of their nuclear-power alliance in order to boost sluggish orders outside of the U.S. and Japan. The nuclear focus is critical for Hitachi, which is trying to shift away from its money-losing semiconductor and consumer-electronics operations.