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...
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...
Growing Group Seeks Local Takeover of PG&E December 5, 2019 By Mark Chediak and David R. Baker More than 110 Northern California city and county officials representing the majority of bankrupt PG&E Corp.’s customers are proposing to...
California Faces Decade of ‘Unique’ Wildfire Blackouts November 22, 2019 By Andrew Hay California utility PG&E Corp has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires...
Winds Raise Fire Threat as Power Cuts Feared in California November 18, 2019 By Brian K. Sullivan and Mark Chediak Almost 32,000 customers could lose power Sunday as dry, gusty winds whip up critical wildfire conditions across almost 6,000 square...
PG&E Is Offering $13.5 Billion in Compensation to Wildfire Victims November 12, 2019 By Mark Chediak and Scott Deveau Bankrupt utility giant PG&E Corp. is trying to offer $13.5 billion in compensation to the victims of wildfires sparked by...
PG&E Faces Strict Probation Judge After Massive Kincade Fire November 12, 2019 By Joel Rosenblatt For the first time since a fire last month scorched 77,758 acres of northern California, PG&E Corp. returns to the...
As Paradise Rebuilds, a Divide Over Safety a Year After Fire November 7, 2019 By Don Thompson PARADISE, Calif. — There was “no way in hell” Victoria Sinclaire was rebuilding in Paradise. She’d thought she was going...
PG&E Sees Up to $6.3 Billion in Costs From Fires, Bankruptcy November 7, 2019 By Mark Chediak and Will Wade PG&E Corp., the California, that went bankrupt in January after its equipment sparked deadly wildfires, expects as much as $6.3...