Michael’s Recent Stories
Nation Jun 16PG&E confesses to killing 84 people in 2018 California fire
PG&E CEO Bill Johnson appeared on the company's behalf in Butte County Superior Court to plead guilty to 84 felony counts of involuntary manslaughter. They stem from a November 2018 wildfire ignited by the utility's crumbling electrical grid.
Nation May 01PG&E to purge most of its board in fallout from bankruptcy
PG&E went bankrupt after years of neglect culminated in its fraying electrical grid igniting a series of deadly Northern California wildfires. The purge of its board of directors falls shy of meeting the demands of Gov. Gavin Newsom and PG&E's…
Economy Apr 27Digital ad downturn may complicate things for tech giants
Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn.
Economy Mar 23PG&E to plead guilty to lethal crimes in 2018 wildfires
No one from PG&E will go to jail. Instead, the company will pay a $4 million fine and help pay to restore water access. …
Economy Feb 27Regulators boost PG&E’s wildfire fine to $2.1 billion
The increased punishment includes a $200 million payment earmarked for the people who lost family and property in catastrophic wildfires caused by PG&E's outdated electrical grid and negligence during 2017 and 2018.
Economy Jan 22California governor urges judge to reject PG&E bankruptcy plan
California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric's blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation.
Nation Dec 18Judge OKs nearly $25 billion for PG&E fire victims, insurers
A federal bankruptcy judge on Tuesday approved two Pacific Gas & Electric settlements totaling $24.5 billion to help pay the losses suffered by homeowners, businesses and insurers in the aftermath of catastrophic Northern California wildfires that sent the nation’s largest…
Economy Aug 27Ex-Google engineer charged in Uber self-driving theft case
The indictment filed by the U.S. Attorney's office in San Jose, California, is an offshoot of a lawsuit filed in 2017 by Waymo, a self-driving car pioneer spun off from Google.
Economy May 10Uber goes public on the New York Stock Exchange
The world's largest ride-hailing service reached a major milestone Thursday when Uber priced its initial public offering at $45 per share.
Economy Apr 22Tesla expects to have fully self-driving cars by next year
The company made the announcement during an investor conference at its Palo Alto, California, headquarters Monday.