Electric utilities

February 06, 2020 - 11:03 am
SAN FRANCISCO (AP) — Pacific Gas & Electric is still operating a rickety power line near the one that ignited a 2018 wildfire that wiped out the Northern California city of Paradise and killed 85 people, according to an expert inspection conducted as part of a legal claim. In an inspection just...
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February 06, 2020 - 10:35 am
WASHINGTON (AP) — The number of FBI arrests in cases related to Chinese espionage has risen sharply in the last five years, corresponding with what the U.S. government sees as an urgent threat to American economic prosperity and intellectual property, federal law enforcement officials said Thursday...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)
February 05, 2020 - 12:02 pm
DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. GM couldn't avoid red ink the fourth quarter, though. The...
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FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)
February 05, 2020 - 11:35 am
DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. GM couldn't avoid red ink the fourth quarter, though. The...
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FILE - In this Oct. 31, 2019, file photo, smoke from the Maria Fire billows above Santa Paula, Calif. A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy. The company cleared its latest hurdle Tuesday, Feb. 4, 2020, when U.S. Bankruptcy Judge Dennis Montali signed off on a deal to refinance billions of dollars in debt to pay off PG&E bondholders who threatened to cause problems. (AP Photo/Noah Berger, File)
February 04, 2020 - 4:39 pm
SAN FRANCISCO (AP) — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis Montali signed off...
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FILE - In this Oct. 31, 2019, file photo, smoke from the Maria Fire billows above Santa Paula, Calif. A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy. The company cleared its latest hurdle Tuesday, Feb. 4, 2020, when U.S. Bankruptcy Judge Dennis Montali signed off on a deal to refinance billions of dollars in debt to pay off PG&E bondholders who threatened to cause problems. (AP Photo/Noah Berger, File)
February 04, 2020 - 2:32 pm
SAN FRANCISCO (AP) — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis Montali signed off...
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February 04, 2020 - 2:21 pm
SAN FRANCISCO (AP) — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis Montali signed off...
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February 04, 2020 - 2:02 pm
SAN FRANCISCO (AP) — A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, signing off on a deal to refinance billions of dollars in debt to pay off PG&E bondholders. The bondholders had threatened to cause problems for the...
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California state Sen. Scott Wiener announces he will introduce legislation to take over Pacific Gas & Electric at a rally in San Francisco Monday, Feb. 3, 2020. The legislation is aimed at transforming the nation's largest electric utility into a publicly-owned company. Wiener said the bill would involve a public takeover of Pacific Gas & Electric and its sprawling network of power lines that have been blamed for starting catastrophic wildfires that have killed dozens of people and caused billions of dollars in damage. (AP Photo/Janie Har)
February 03, 2020 - 5:21 pm
SAN FRANCISCO (AP) — Frustrated by repeated safety lapses at the nation's largest electric company, a California lawmaker on Monday introduced legislation that would force taxpayers to buy the struggling utility and turn it into a public entity with a safety-first mission ahead of shareholder...
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February 03, 2020 - 4:47 pm
SAN FRANCISCO (AP) — Frustrated by repeated safety lapses at the nation's largest electric company, a California lawmaker on Monday introduced legislation that would force taxpayers to buy the struggling utility and turn it into a public entity with a safety-first mission ahead of shareholder...
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