Nation May 01

PG&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 Feb 27

High voltage transmission lines are seen along Pine Flat Road in Geyserville, California, U.S. October 28, 2019. Photo by Stephen Lam/Reuters
Regulators 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a $200 million payment earmarked for the people who lost family and property in catastrophic wildfires caused by PG&E's outdated electrical grid and negligence during 2017 and 2018.

Dec 18

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…

The Latest