ENERGY

Westinghouse May Restructure Power Sector, Analysts Say: They said the Pittsburgh, Pa.-based company may soon restructure its Power Generation business to boost the troubled unit’s profitability. Such moves could involve closing two of its six North American power generation plants, cutting about 1,000 jobs and increased outsourcing, some said. “We expect management will initiate additional outsourcing to lower costs and accelerate work force reductions in the immediate future at Power Generation,” said Nick Heymann, with NatWest Securities Corp. A Westinghouse Electric Corp. spokesman declined to comment on the speculation. Analysts said the expected actions would be in response to shortfalls Westinghouse cited on June 27 when it said its quarterly earnings would fall 30% to 40% from a year ago.