Shizuo Kambayashi / AP

Toshiba Corp will be paying $2.168 billion through 2022 over two unfinished nuclear reactors in South Carolina that its Westinghouse subsidiary is building, per Reuters. It will pay up regardless of whether they're built or not, per the AP.

Why it matters: Toshiba and Westinghouse are able to walk away from the nuclear construction biz and Toshiba gets to shed its liability for the contracts, both of which sent it on the path to file for bankruptcy this March. (Note: the Georgia project, Vogtle, and the South Carolina plant were the first new nuclear projects in the U.S. for nearly 30 years.)

Context: Toshiba made a similar deal in June for $3.7 billion with regards to utilities with Southern Co. Toshiba might also be weighing bids for its flash memory chip unit.

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U.S. election result will shake up Israeli politics

Illustration: Annelise Capossela/Axios

Israeli Prime Minister Benjamin Netanyahu's biggest domestic political asset is on the ballot on Nov. 3 — his relationship with President Trump.

Why it matters: The outcome of America's election could help determine whether Israel soon faces yet another election of its own.

Louisiana braces for 3rd hurricane in 2 months as Zeta closes in

The probable path of Zeta, per the National Hurricane Center. Photo: NHC/NOAA

Zeta strengthened into a hurricane again early Wednesday and was on track to make landfall in southeastern Louisiana by the afternoon, per the National Hurricane Center.

The state of play: Louisiana Gov. John Bel Edwards (D) requested a pre-landfall Federal Declaration of Emergency in a letter to President Trump on Tuesday.

Updated 2 hours ago - Politics & Policy

Unrest in Philadelphia after fatal police shooting of Black man

Demonstrators rally on Tuesday near the location where Walter Wallace was killed by two police officers in Philadelphia, Pennsylvania. Photo: Mark Makela/Getty Images

The Pennsylvania National Guard was mobilized Tuesday during a tense second night of protests in Philadelphia over the fatal police shooting of Walter Wallace, a 27-year-old Black man.

Driving the news: Philadelphia Mayor Jim Kenney (D) and Police Commissioner Danielle Outlaw said in a joint statement a "full investigation" would be launched to answer questions that arose from video that captured part of Monday's incident.

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