November 5, 2021
California on Thursday said it would increase the amount of natural gas stored at a Los Angeles-area facility that suffered a devastating leak six years ago, its latest loosening of environmental rules to shore up energy supplies. In a 4-0 …
November 3, 2021
Edison International’s Southern California Edison raised its estimated losses from 2017 and 2018 wildfires to $7.5 billion after reaching a settlement over the blazes with state regulators. The owner of the largest electric utility in Southern California said it agreed …
April 16, 2021
SAN RAMON, Calif. (AP) — California power regulators are poised to reprimand Pacific Gas & Electric for continuing to neglect its electrical grid that has ignited a series of deadly in Northern California and could order the utility to do …
January 13, 2021
Uber Technologies Inc on Wednesday appealed a $59 million fine by a California regulator in a dispute over whether the company should share detailed information on sexual assault and harassment claims reported on its ride-hailing platform. The California Public Utilities …
June 22, 2020
PG&E Corp said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step closer to emerging from bankruptcy and participate in a state-backed wildfire …
June 11, 2020
Drivers working for ride-hailing services such as Uber Technologies Inc. and Lyft Inc. will be considered employees under California’s new gig worker law, the state’s leading industry regulator said on Thursday. Shares in Uber and Lyft fell 5.3% and 4.2%, …
May 4, 2020
BERKELEY, Calif. — PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when it emerges from a bankruptcy case triggered by deadly wildfires ignited in Northern California by the utility’s …
March 31, 2020
PG&E Corp. won’t tap a fund for wildfire victims to pay $4 million in fines and expenses for involuntary manslaughter, avoiding a possible hurdle to its exit from bankruptcy. Insurers with claims against PG&E in bankruptcy agreed to wait 15 …
February 28, 2020
California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the company’s power lines in 2017 and 2018. The penalty would be the largest ever imposed by the California Public Utilities …
February 3, 2020
PG&E Corp. shares jumped after the company outlined plans to overhaul its board of directors, bring in safety experts and create regional operating units in a broad reorganization proposal aimed at winning state approval for its bankruptcy exit. PG&E detailed …