California fire victims want utility liability law to remain
Victims of California's deadliest wildfires joined politicians on Wednesday to urge state lawmakers to stop trying to overhaul liability laws on wildfires......»»
PG&E, fire victims waive deadline for governor"s OK of reorganization plan
California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a $13.5 billion settlement for the victims......»»
PG&E"s stock plunges on heavy volume after court ruling over Tubbs fire liability disappoints
PG&E Corp.'s stock plunged 22% to a 7-month low in active morning trading Monday, after a court ruling that the California utility will ha.....»»
PG&E Shares Plunge Once More, Falling Almost 50% in 5 Days
Insurance may not cover possible Camp Fire liability. California utility company PG&E is watching its stock price continue to erode at a breathtaking.....»»
PG&E pleads guilty to 84 counts of manslaughter over Camp fire
The utility admitted its equipment probably caused 10 wildfires last year in Northern and Central California......»»
PG&E utility to plead guilty to involuntary manslaughter over 2018 fire
PG&E Corp said on Monday its utility unit agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive fire in California's history......»»
PG&E supports California proposal for greater safety oversight
PG&E Corp. said it largely supports a proposal from California’s top utility regulator that would allow for greater oversight of the power giant if it fails to reform itself and causes another catastrophic fire after exiting bankruptcy......»»
California wildfire victims could become PG&E"s biggest shareholders after a settlement — and assume the financial risk of future fires
Utility company PG&E — deemed responsible for hundreds of lethal wildfires in California — is looking.....»»
California Fire Victims Could Get Bill From FEMA Over Bankrupt Utility’s $4 Billion Debt
(SAN FRANCISCO) — Federal officials are prepared to bill wildfire victims for a portion of the nearly $4 billion the government says it’s owed.....»»
Feds To Bill California Fire Victims If PG&E Doesn"t Pay $4 Billion Owed: Report
Feds To Bill California Fire Victims If PG&E Doesn't Pay $4 Billion Owed: Report The Federal Emergency Management Ag.....»»
Documents reveal California"s PG&E botched blackout, fire crisis
An Associated Press review shows widespread problems with the four “public safety power shutoffs†the utility started rolling out in 2018, a year before massive blackouts paralyzed much of California in recent months......»»
U.S. judge approves PG&E deal with California wildfire victims; stock jumps
A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned......»»
U.S. judge encourages PG&E deal with California wildfire victims; stock jumps
Utility PG&E Corp's $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company's stock rallied as it gained momentum to emerge from bankruptcy in June as planned......»»
After deal with fire victims, PG&E bankruptcy is still in limbo
California’s largest utility is still in limbo......»»
After deal with fire victims, PG&E bankruptcy is still in limbo
California’s largest utility is still in limbo......»»
After deal with fire victims, PG&E bankruptcy still in limbo
California’s largest utility is still in limbo......»»
PG&E slumps in premarket trade as California governor objects to plan to exit bankruptcy
Shares of PG&E fell 22% in premarket trade as the governor of California, Gavin Newsom, is demanding changes to the utility's plan to pay wildfire victims and exit bankruptcy. Newsom said the plan doesn't result in a reorganized co.....»»
PG&E reaches $13.5 billion settlement with victims of devastating California wildfires
The California electric utility, which has drawn sharp criticism for its role in the m.....»»
Did PG&E Just Pull the Rug From Under Elliott and Pimco?
California utility company PG&E on Friday announced a settlement valued at $13.5 billion with victims of 2017 and 2018 wildfires. That amount matches a competing plan from bondholders led by........»»
PG&E"s Stock Soars On Report Company Nears Wildfire Settlement
PG&E Corporation (NYSE: PCG) stock jumped more than 20% Wednesday after a report the utility is nearing a settlement with victims of California wildfires started by its power lines. 0 read more.....»»
California fire threatens PG&E"s plan to raise $14 billion
A wildfire raging in California threatens to destroy more than homes and businesses - it could also undermine bankrupt PG&E Corp's plan to raise $14 billion to finance the crisis-stricken utility's turnaround plan......»»