PG&E Corp is close to naming a new chief executive officer and revamping its board backed by some of its largest investors, the Wall Street Journal said on Saturday, as the power utility restructures.. Reuters - Published
An investigation into fierce wildfires that swept Northern California's wine country in 2017, killing 46 people, found no basis to criminally charge PG&E, the utility whose power lines helped spark the.. Reuters - Published
According to Reuters, the Ventura County Fire Department determined a cause for the deadly Thomas Fire, which sparked in 2017. The fire killed two people and destroyed over 1,000 structures northwest..
PG&E said Thursday it took at $10.5 billion charge linked to last year's deadly California wildfires and cautioned that there is "substantial doubt" over the utility's prospects as a going concern. In..
It will take years for humans recover from the wildfires that swept through California in 2018, but nature is much more resilient. In fact, the wildfires are a key factor in a beautiful phenomenon in..
(Reuters) - Utility owner PG&E Corp filed for bankruptcy protection on Tuesday in anticipation of liabilities from California wildfires, including a catastrophic 2018 blaze that killed 86 people. PG&E,..
PG&E Corp expects only five of its current 10-strong board to stand for reelection at an annual shareholder meeting in May, as it restructures after filing for bankruptcy last month because of.. Reuters - Published
Utility owner PG&E Corp filed for bankruptcy protection on Tuesday in anticipation of liabilities from California wildfires, including a catastrophic 2018 blaze that killed 86 people. Reuters - Published
PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially.. Reuters - Published
U.S. President Donald Trump said on Wednesday he has ordered a halt to federal disaster relief for California's wildfires unless state officials involved in forest management "get their act together." Reuters - Published
California’s wildfires could deal a blow to the state’s ambitious climate goals if they inflict too deep a financial wound on utilities, seen as crucial to greening up the grid, according to state.. Reuters - Published