On Monday, California utility stocks plummeted for a second day in a row. The plunge comes after deadly wildfires killed at least 31 people and left hundreds missing. Reuters reports the wildfires have caused $2 billion in property losses. Companies facing potential liability. PG&E Corp operates in...
According to Business Insider, PG&E's recent woes have battered investors in the stock market. Holders of the company's bonds are now growing worried. Trading figures for California's largest gas and..
(Reuters) - PG&E Corp, the biggest U.S. power utility, said on Monday it is preparing to file for Chapter 11 bankruptcy for all of its businesses as it faces potentially crushing liabilities linked to..
FILE PHOTO: PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo (Reuters) - PG&E Corp (PCG.N) said on..