The Latest: PG&E, US's largest utility, files for bankruptcy

  • 📰 ABC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

NEW: PG&E, the largest utility in the U.S., files for bankruptcy as it faces billions of dollars in potential damages from wildfires in California.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Highly doubt it somebody’s got a bank full of cash and they’re filing for bankruptcy

Trump will slam their failure while ignoring his own multiple bankruptcies. He looks for hypocrisy.

Lots of people are out of employment now, because of the bankruptcy filing. What a total mess.....

The Petroleum, Gas and electric company is going bankrupt? Hmmm, find a REAL stock report and try again. And if you can't find a real payer head down to the NYSE and go hmmm, No No they aren't!

.This is major...or 'bigly.'

Again.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PG&E Is Just The First Of Many Climate Change BankruptciesPG&E was the victim of multiple random acts of climate violence. It could have been better prepared but could not have, alone, saved its customers, investors, creditors, etc., from these consequences of climate change. If we hold companies liable, expect many more climate change bankruptcies. Who knew that the G in PG&E really stood for Godzilla..That's the biggest fire-generating company I've ever seen.. - PG&E is just the 1st of many climate change bankruptcies Not to be confused with deferred maintenance and mismangement
Source: Forbes - 🏆 394. / 53 Read more »

PG&E Is Just The First Of Many Climate Change BankruptciesPG&E was the victim of multiple random acts of climate violence. It could have been better prepared but could not have, alone, saved its customers, investors, creditors, etc., from these consequences of climate change. If we hold companies liable, expect many more climate change bankruptcies. Sad that people still actually believe in the government ClimateChange Hoax Liberals in California had/have total control of environmental issues. The moronic handling of the forests resulted in them burning down. No liberal should any further involvement with managing environmental issues. Forestry mismanagement?
Source: Forbes - 🏆 394. / 53 Read more »

Private utility lines, not PG&E, caused massive wine country fire that killed 22 peopleInvestigators say private utility lines, not ones owned by Pacific Gas and Electric, started the 2017 fire that killed 22 and burned thousands of homes. joelrubin I'm thinking they don't have enough liability insurance to cover this, either. The charge that “other utilities” caused wildfires remains to be proven by objective investigation and our courts. PG&E is on the hot seat and it is in their interest to defect that responsibility. PG&E stocks are soaring right now because of this and the bailout they recieved from Governor Brown. We foot the bill for the mistakes of a corporation.
Source: latimes - 🏆 11. / 82 Read more »