California 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.
Judge 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…
California utility scrambles to renegotiate wildfire deal
California Gov. Gavin Newsom's opposition to Pacific Gas & Electric's restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come…
PG&E says it has reached $13.5 billion wildfire settlement
Iran and the U.S. conducted a prisoner exchange Saturday that saw a detained Princeton scholar released for an Iranian scientist held by America, marking a rare diplomatic breakthrough between Tehran and Washington after months of tensions.
During California’s recent wildfires, the intentional blackouts PG&E implemented to reduce danger frustrated residents. The utility’s poorly maintained infrastructure is blamed for at least five previous fires. Now, the mayors of over a dozen California cities are suggesting PG&E should…
Although California’s battle with wildfires eased a bit Friday, officials warn that the concern is far from over. Firefighters faced a fast-moving brush fire north of Los Angeles overnight, fueled in part by the flammable oil in the eucalyptus trees…
Pacific Gas & Electric Corp. said its latest blackout will start early Tuesday and affect 605,000 customers.
The utility is already under severe financial pressure after its equipment has been blamed for a series of destructive wildfires in Northern California.
California's biggest utility admitted its electrical equipment may have ignited a ruinous wildfire spreading over the state's wine country Friday, despite blackouts imposed across the region to prevent blazes.
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