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Facebook, government urge court to approve $5-billion FTC settlement

Facebook and DOJ on Friday urged a federal judge to approve a $5 billion deal struck with the FTC in July over Cambridge Analytica privacy complaints.
USATODAY.com - Published

Equifax agrees $1.38bn data breach lawsuit settlement

A US judge has rubber-stamped a $1.38 billion settlement related to the massive 2017 data breach at...
Finextra - Published

Videos for "Billion Settlement"

FEMA Asks PG&E To Repay Nearly $4B In Aid Given To Fire Victims [Video]FEMA Asks PG&E To Repay Nearly $4B In Aid Given To Fire Victims

Last year, PG&E reached a $13.5 billion settlement deal for wildfire victims. FEMA says it's entitled to about $4 billion of that sum.

Credit: Rumble     Duration: 01:22Published


Judge approves a $13.5 billion payment from PG&E to victims of California wildfires [Video]Judge approves a $13.5 billion payment from PG&E to victims of California wildfires

Power lines from utility company ignited multiple deadly fires over recent years

Credit: Reuters Studio     Duration: 00:58Published

Gov. Newsom Rejects PG&E's Bankruptcy Plan [Video]Gov. Newsom Rejects PG&E's Bankruptcy Plan

Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas and Electric struck just last week with thousands of people who lost homes, businesses and family members in a series of..

Credit: CBS 13 Sacramento     Duration: 00:30Published

Attorneys hold press conference addressing PG&E settlement [Video]Attorneys hold press conference addressing PG&E settlement

Attorneys for wildfire survivors addressed the media in response to the new $13.5 billion settlement with PG&E

Credit: KHSLPublished

PG&E Reaches $13.5 Billion Settlement With Wildfire Victims [Video]PG&E Reaches $13.5 Billion Settlement With Wildfire Victims

The utility agreed to a $13.5 billion settlement late Friday night, covering two of the worst fires in the state's history: the 2018 Camp Fire and the 2017 Tubbs Fire.

Credit: KCAL 9 CBS LA     Duration: 00:31Published

PG&E Reaches $13.5 Billion Settlement Deal With Wildfire Victims [Video]PG&E Reaches $13.5 Billion Settlement Deal With Wildfire Victims

Pacific Gas & Electric and lawyers for victims of the 2017 and 2018 Northern California Wildfires agreed to a multibillion-dollar legal settlement.

Credit: Veuer     Duration: 01:10Published

 

FEMA Asks PG&E To Repay Nearly $4B In Aid Given To Fire Victims

fema asks pg&e to repay nearly $4b in aid given to fire victims
Watch VideoAfter negotiating a settlement fund for victims of several California wildfires, Pacific Gas & Electric, or PG&E, is now facing off with FEMA. The agency is trying to get back a portion of..
Newsy - Published

Federal government blasts PG&E's deal with fire victims

SAN FRANCISCO (AP) — Tensions between the U.S. government and Pacific Gas & Electric are boiling over as the two sides battle over whether a taxpayer-funded agency should be allowed to stake a claim..
SeattlePI.com - Published Also reported by •Seattle Times

Financial tug-of-war emerges over fire victims' settlement

SAN FRANCISCO (AP) — A financial tug-of-war is emerging over the $13.5 billion that the nation's largest utility has agreed to pay to victims of recent California wildfires, as government agencies..
SeattlePI.com - Published

Facebook To Stop Using Phone Numbers To Suggest Friends

facebook to stop using phone numbers to suggest friends
Watch VideoFacebook is making more changes to the way it handles users' personal data. The company will no longer feed the phone number that you give to authenticate your account into its "people you..
Newsy - Published Also reported by •Khaleej Times

Facebook to do away with popular feature in 2020

The change is part of Facebook's $5 billion settlement with the US Federal Trade Commission.
Khaleej Times - Published

Goldman Sachs is reportedly in talks to admit guilt, pay $2 billion fine to settle probe into Malaysian investment fund

goldman sachs is reportedly in talks to admit guilt, pay $2 billion fine to settle probe into malaysian investment fund
· *Goldman Sachs is set to pay a fine nearing $2 billion and admit guilt to the US government to resolve an investigation into its 1MDB scandal, The Wall Street Journal reported Thursday.* · *The..
Business Insider - Published

PG&E reaches $1.7 billion deal with regulators

Pacific Gas & Electric reached a $1.7 billion settlement with California regulators for deadly wildfires started by its equipment in 2017 and 2018, resolving one of several obstacles facing the..
bizjournals - Published

PG&E Gains Court Approval for $13.5 Billion Settlement With California Wildfire Victims


TIME - Published Also reported by •CBC.caReuters

U.S. judge approves PG&E deal with California wildfire victims; stock jumps

A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from..
Reuters - Published

PG&E and California regulators redo $13.5 billion settlement

A revision to the original settlement will remove a provision that requires Governor Gavin Newsom to approve the deal as a key piece for PG&E to emerge from bankruptcy.
CBS News - Published Also reported by •SeattlePI.comSeattle TimesWorldNews

PG&E, fire victims waive deadline for governor's OK of reorganization plan

California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a..
Reuters - Published

PG&E Announces Amendment to Restructuring Support Agreement with Individual Wildfire Victims’ Representatives

pg&e announces amendment to restructuring support agreement with individual wildfire victims’ representatives
SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation and Pacific Gas and Electric Company (together, “PG&E”) today announced that they have entered into an amendment to the Restructuring Support..
Business Wire - Published

PG&E stock plummets 23% after California's governor gives the firm just days to reorganize bankruptcy plans

pg&e stock plummets 23% after california's governor gives the firm just days to reorganize bankruptcy plans
· *PG&E stock tanked as much as 23% Monday after California Governor Gavin Newsom rejected the firm's initial bid for bankruptcy restructuring.* · *The power company faces a Tuesday deadline to..
Business Insider - Published

Shares of PG&E drop after Calif. governor rejects settlement

Shares of the California utility PG&E are down 15.8% in the first day of trading since Gov. Gavin Newsom rejected a $13.5 billion settlement with people who lost homes, businesses or worse. A series..
SeattlePI.com - Published Also reported by •Seattle Times

California utility scrambles to renegotiate wildfire deal

SAN FRANCISCO (AP) — 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..
SeattlePI.com - Published Also reported by •Seattle Times

Calif. Governor Rejects PG&E's Settlement Plan With Wildfire Victims

calif. governor rejects pg&e's settlement plan with wildfire victims
Watch VideoCalifornia Gov. Gavin Newsom rejected Pacific Gas & Electric's $13.5 billion settlement with wildfire victims Friday.  PG&E's future has been in limbo as it goes through a lengthy..
Newsy - Published

California governor rejects PG&E's bankruptcy plan

SAN FRANCISCO (AP) — California Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas and Electric struck just last week with thousands of people who lost homes, businesses and..
SeattlePI.com - Published Also reported by •Seattle Times

PG&E's $13.5B deal with fire victims removes huge obstacles

Associated Press (AP) — Pacific Gas and Electric will be able to avoid two legal obstacles that could have tripped up its efforts to bounce back from bankruptcy if California Gov. Gavin Newsom and a..
SeattlePI.com - Published Also reported by •Seattle Times

PG&E Corp. stock surges following settlement

SAN FRANCISCO (AP) — PG&E's stock surged Monday after the utility reached a tentative $13.5 billion settlement resolving all major claims related to the Northern California wildfires of 2017 and..
SeattlePI.com - Published Also reported by •Seattle Times

USD 13.5 billion settlement for California wildfires

*San Francisco:* Californian utility giant Pacific Gas and Electric (PG&E) has agreed on a $13.5 billion settlement with victims of wildfires in the state, it was reported on Saturday. The company's..
Mid-Day - Published Also reported by •Reuters

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