Insurers Offer Competing Plan To Rescue PG&E From BankruptcyInsurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy.
Cal Fire: PG&E Electrical Lines Triggered Deadly Camp FireThe deadly Camp Fire that roared through Paradise and other Butte County communities, killing 85, destroying 18,804 structures and charring 153,336 acres was caused by electrical transmission lines owned and operated by Pacific Gas & Electric Company, state officials announced Wednesday.
Bankruptcy Judge Allows PG&E To Pay Out $235 Million In Bonuses For 2019A federal bankruptcy judge in San Francisco on Tuesday approved a plan by PG&E Co. to pay up to 10,000 employees $235 million in bonuses for their work in 2019.
PG&E Pushes To Raise Ratepayers' BillsPG&E says it is asking state regulators for another increase in rates and profits. The funds would cover wildfire safety and attract investment as the utility goes through bankruptcy.
PG&E CEO Set To Receive $3M On First DayPG&E’s new CEO is set to make $3 million on his first day on the job Wednesday.
PG&E Names New CEO, 10 New Board MembersPacific Gas & Electric Corp. named Bill Johnson as its chief executive officer and president on Wednesday along with 10 new board members
PG&E Wants To Give $235M In Bonuses Amid BankruptcyPacific Gas & Electric Corp. is seeking a judge's approval to pay $235 million in bonuses to thousands of employees despite the San Francisco-based utility's bankruptcy.
PG&E: Company's Equipment May Have Ignited Camp FireThe embattled utility said Thursday it's taking a $10.5 billion charge for claims connected to the Camp Fire in its fourth quarter earnings.
PG&E To Reshape Board In Aftermath Of WildfiresHalf of the board at PG&E is unlikely to stand for re-election at the besieged San Francisco-based utility company that is reeling in the aftermath of last year's deadly California wildfires.
People Stiffed By Munchery Shutdown Target VC Firms To Demand PaymentWhen popular San Francisco-based meal delivery start-up Munchery shut down last week, customers, vendors and employees were caught by surprise.
San Francisco's Gymboree Files 2nd Bankruptcy, Begins Winding Down OperationsGymboree has filed for bankruptcy protection for a second time in as many years, but this time the San Francisco-based children's clothing retailer will begin winding down operations for good.
SF Officials See PG&E Bankruptcy As Chance To Expand Public Power ProgramSan Francisco city officials are viewing PG&E's plans to file for bankruptcy as an opportunity to purchase the utility company's infrastructure and expand the city's public power program.
PG&E Bankruptcy Sets Stage For Possible Power GrabNews of a PG&E's plan to file bankruptcy sparked panic in some, but in others, it raised the possibility of a power grab.
Report: Children's Clothing Retailer Gymboree Closing All StoresSan Francisco-based children's clothing company Gymboree is reportedly preparing to file for Chapter 11 bankruptcy with plans to close all 900 of its retail locations.
Embattled PG&E To File For Chapter 11 BankruptcyLess than 24 hours after the company's CEO stepped down, Northern California's largest utility company -- Pacific Gas & Electric -- announced Monday it was going to file for Chapter 11 bankruptcy.