California Gov. Gavin Newsom gave legislators just three months to address a multibillion-dollar wildfire liability problem that has forced the state’s largest power company, PG&E Corp., into bankruptcy and threatens the same fate for its other utilities. The governor issued …
Anyone who gets power from PG&E Corp. could see their lights go out this fire season. Even the millions of Californians who live outside risky areas could be left in the dark under a sweeping proposal the utility filed Wednesday. …
On an unusually warm day in northern California, hot and dry winds whipped through the Sierra Nevada foothills northeast of San Francisco. It was Thursday, Nov. 8, and a “red-flag warning” from the National Weather Service was already out, cautioning …
PG&E Corp. estimates it would cost as much as $150 billion this year alone to comply with a federal judge’s proposal to prevent wildfires. California’s largest investor-owned utility said U.S. District Judge William Alsup’s plan for it to trim branches …
PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief executive officer. The San …
In weighing a bankruptcy, power giant PG&E Corp. may be firing a warning shot to California lawmakers: Help us or watch the largest utility in your state go insolvent. The company is considering whether to file for bankruptcy protection as …
California regulators have decided they need to step in and help determine when power blackouts are appropriate to prevent wildfires after a series of deadly blazes linked to electrical equipment. Utilities PG&E Corp., Edison International and Sempra Energy have been …
PG&E Corp. revealed that on the day California’s deadliest and most destructive wildfire started, its workers saw damage and a fire near one of its transmission towers, which are the focus of investigations and a lawsuit as a possible ignition …
In the days before California’s deadliest wildfire erupted near a PG&E Corp. power line during a windstorm, the company kept a close eye on the weather, warned customers it might shut off electricity in the area, and finally decided conditions …
Fanned by hot, dry winds, wildfires north of San Francisco and near Los Angeles have forced the evacuation of more than 150,000 people in the state, including Malibu, the coastal enclave of the rich and famous. The fires cover about …
