Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

No. 1 U.S. utility PG&E prepares bankruptcy filing after California wildfires

Reuters Monday, 14 January 2019
No. 1 U.S. utility PG&E prepares bankruptcy filing after California wildfiresPG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California's catastrophic wildfires in 2017 and 2018.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: PG&E Will File For Chapter 11

▶ PG&E Will File For Chapter 11 00:44

FILE PHOTO: PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo (Reuters) - PG&E Corp (PCG.N) said on Monday it is preparing to file for Chapter 11 bankruptcy for all of its businesses, as the company...

You Might Like


Recent related videos from verified sources

Bankrupt California utility wants to give $235M in bonuses [Video]Bankrupt California utility wants to give $235M in bonuses

Pacific Gas & Electric Corp. is seeking a judge's approval to pay $235 million in bonuses to thousands of employees despite the California utility's bankruptcy.

Credit: KHSLPublished

Watch PG&E's Balance Sheet, Says Jim Cramer [Video]Watch PG&E's Balance Sheet, Says Jim Cramer

PG&E said Thursday it took at $10.5 billion charge linked to last year's deadly California wildfires and cautioned that there is "substantial doubt" over the utility's prospects as a going concern. In..

Credit: The Street     Duration: 01:34Published

PG&E Will Shut Power More Often To Fight Wildfires [Video]PG&E Will Shut Power More Often To Fight Wildfires

SACRAMENTO, Calif. (Reuters) - California utility PG&E Corp plans to increase the controversial practice of shutting off the power to communities at risk of wildfire when dangerous conditions such as..

Credit: Wochit Business     Duration: 00:58Published

PG&E Files Preliminary Motions In Bankruptcy Case [Video]PG&E Files Preliminary Motions In Bankruptcy Case

Anne Makovec reports on first hearing to address issues with PG&E's Chapter 11 bankruptcy filing (1-31-2019)

Credit: CBS 5 SF KPIX     Duration: 01:32Published

Federal Judge Slams PG&E For Role In Destructive Wildfires [Video]Federal Judge Slams PG&E For Role In Destructive Wildfires

Emily Turner reports on harsh words judge had for PG&E during court hearing a day after utility filed for bankruptcy (1-30-2019)

Credit: CBS 5 SF KPIX     Duration: 03:45Published

Want to Invest in PG&E? Stick to Bonds, Not Common Stock, Says Jim Cramer [Video]Want to Invest in PG&E? Stick to Bonds, Not Common Stock, Says Jim Cramer

Pacific Gas & Electric Corp. filed for Chapter 11 bankruptcy protection Tuesday as the California utility seeks to manage liabilities related to the state's deadly wildfires that could reach as high as..

Credit: The Street     Duration: 00:31Published

PG&E Files For Bankruptcy Protection, Vows To Keep The Lights On [Video]PG&E Files For Bankruptcy Protection, Vows To Keep The Lights On

According to a report by Reuters, on Tuesday, utility owner PG&E Corp filed for bankruptcy protection in anticipation of liabilities from California wildfires, including a catastrophic blaze that..

Credit: Wochit     Duration: 00:58Published

PG&E To Face Judge Following Chapter 11 Bankruptcy Filing [Video]PG&E To Face Judge Following Chapter 11 Bankruptcy Filing

One day after filing for Chapter 11 bankruptcy protection, PG&E is facing a judge who may demand the utility inspect all of its utility lines ahead of the upcoming wildfire season. Kiet Do reports...

Credit: CBS 5 SF KPIX     Duration: 02:01Published

Bankruptcy Judge May Throw Out Current Chapter 11 Filing [Video]Bankruptcy Judge May Throw Out Current Chapter 11 Filing

Melissa Caen reports that current PG&E bankruptcy declaration is far different from 2001 filing (1-29-2019)

Credit: CBS 5 SF KPIX     Duration: 03:15Published

PG&E files for bankruptcy [Video]PG&E files for bankruptcy

Power provider PG&E filed for voluntary Chapter 11 bankruptcy protection, succumbing to liabilities stemming from wildfires in Northern California. Roselle Chen reports.

Credit: Reuters Studio     Duration: 00:57Published


Tweets about this


Other recent news in Front Page

Giant sunfish washes up on beach in South AUSTRALIARepublican Senators Defend John MCCAIN’s Legacy as President Trump Goes on the Attack Again
Brexit: Revoke Article 50 PETITION crashes Parliament websiteNowruz: How 300m people celebrate PERSIAN NEW YEAR
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.