BERKELEY, Calif. — limped into bankruptcy vilified for its long-running neglect of a crumbling electrical grid that ignited a succession of horrific Northern California wildfires. After nearly a year-and-a-half of wrangling during one of the most complex bankruptcy cases in …
SACRAMENTO, Calif. — In a state burdened by billions of dollars in wildfire damage, California lawmakers are hoping for an advance loan before the next climate-fueled catastrophe hits. Lawmakers in the Democratic-dominated state Legislature return to work Monday for the …
Almost 32,000 customers could lose power Sunday as dry, gusty winds whip up critical wildfire conditions across almost 6,000 square miles in Southern California, with another 250,000 affected in the northern part of the state later in the week. The …
PG&E Corp. investors looking to learn their fate may not get the answer from the bankrupt power company. Instead, the key data point could pop up within days on the website of California’s forestry service. That’s where firefighters are tracking …
Winds are dying down. Utility giant PG&E Corp. has begun inspecting lines. And yet an unprecedented blackout that has taken out power to dozens of cities around San Francisco still threatens to leave millions of people in the dark for …
The unprecedented power shutdown by California’s PG&E Corp. has spread deeper into cities near San Francisco, ensnaring millions of people and raising the prospect that much of a major metropolitan area could go days without electricity. The bankrupt utility began …
Seven months after a state agency absolved PG&E Corp. of blame for a deadly 2017 wildfire, the utility giant faces the potential of billions in new legal liabilities — and it’s unclear how it would pay for them. Despite the …
It was on July 12 — only after an inspector raised the alarm — that PG&E Corp. finally pruned a tree in a fire-prone area. Its leaves had already been singed as wind gusts blew them into a power line …
Bankrupt utility giant PG&E Corp. owes a lot of money to a lot of businesses. A tree-trimming service. A California car dealership. A laundromat. Construction contractors galore. Now, hedge funds including Olympus Peak Asset Management LP and Whitebox Advisors LLC …
PG&E Corp. says it expects to file its plan for reorganization with the bankruptcy court by Sept. 9 and sees emerging from Chapter 11 protection by May 1, according to a filing Monday. The bankrupt utility says in the filing …