California utility PG&E Corp. (PCG) shares fell by more than 10% in mid-day trade on Friday, hitting their lowest levels ...
On the first day of closing arguments on Pacific Gas and Electric’s plan for exiting Chapter 11 bankruptcy, PG&E lawyers offered a doomsday prognosis of what will happen if the utility’s plan is not ...
The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in ...
PG&E filed a motion with the bankruptcy court late Wednesday night seeking approval of two incentive programs. One plan would dole out up to $266 million to 10,000 workers. Another would reward 400 ...
Here’s the story of PG&E’s missteps and why it ultimately filed for bankruptcy. News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities ...
such as the 2019 bankruptcy of Pacific Gas & Electric (PG&E). Climate change threatens to aggravate the situation, as the annual frequency and costs of extreme climate disasters are increasing.
In 2020, PG&E came out of bankruptcy triggered by its liability for several deadly, destructive fires. The company, which serves the most high-risk areas in California, is the state’s largest ...
PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization. Current Position ...