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…
PG&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. …
PG&E reaches bankruptcy deal with California governor
California Gov. Gavin Newsom and Pacific Gas & Electric have reached a deal for the nation's largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires.
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a $200 million payment earmarked for the people who lost family and property in catastrophic wildfires caused by PG&E's outdated electrical grid and negligence during 2017 and 2018.
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.
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 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…
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…
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