PG&E Nearing Deal With Pimco, Elliott on Restructuring Plan January 15, 2020 By Scott Deveau and Steven Church PG&E Corp. is nearing a deal with a group of bondholders led by Pacific Investment Management Co. and Elliott Management...
FEMA Defends $4 Billion Claim With PG&E as Fire Victims Cry Foul January 14, 2020 By Mark Chediak The Federal Emergency Management Agency on Monday defended its push to collect $3.9 billion in claims from PG&E Corp. for...
PG&E Fire Victims Fight FEMA Over Multibillion-Dollar Payout January 10, 2020 By Mark Chediak and Steven Church Victims of wildfires blamed on PG&E Corp.’s power lines and government agencies that provided them disaster relief are tussling over...
‘Clubby’ Culture Helped Push Indiana Trucking Firm into Ruin January 7, 2020 By Greg Andrews INDIANAPOLIS — Here’s something you can be sure Franklin College won’t be highlighting in its student-recruitment marketing: All three of...
California Eyes Climate Bond to Prepare for Disasters January 6, 2020 By Adam Beam SACRAMENTO, Calif. — In a state burdened by billions of dollars in wildfire damage, California lawmakers are hoping for an...
PG&E, Newsom Clash Over a Clause That May Allow State Takeover December 19, 2019 By Scott Deveau and Mark Chediak A clause that would allow California to take over bankrupt utility giant PG&E Corp. under certain circumstances has emerged as...
PG&E Removes California Governor From $13.5 Billion Fire Deal December 17, 2019 By Mark Chediak Bankrupt utility giant PG&E Corp. has removed a requirement that California Governor Gavin Newsom sign off on its settlement with...
Sacklers Withdrew $10 Billion Out of Purdue, Report Finds December 17, 2019 By Jef Feeley and Erik Larson Opponents of the Sackler family’s offer to settle opioid lawsuits against Purdue Pharma LP for about $10 billion say a...
Supreme Court Rejects Arizona Opioid Case Against Purdue, Sackler Family December 9, 2019 By Nate Raymond The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that...
PG&E Soars After Striking a $13.5 Billion Deal With Fire Victims December 9, 2019 By Mark Chediak and Scott Deveau PG&E Corp. surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by...