PG&E Offers $105M ‘Wildfire Assistance’ Plan

SAN FRANCISCO — Pacific Gas & Electric says it will set up a $105 million fund to help survivors of recent California wildfires started by the utility's equipment. In a court filing Wednesday, PG&E says the wildfire assistance program will provide r...
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Troubled PG&E Names New Chief Executive, Board

The Pacific Gas & Electric logo on a sign at their customer center in Hayward. (AP File) SACRAMENTO — The troubled California utility Pacific Gas & Electric Corp. named a new chief executive and board members Wednesday amid a bankruptcy proceeding....
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Gov. Newsom Criticizes PG&E’s Plan for New Board

SACRAMENTO — California Gov. Gavin Newsom said Thursday that Pacific Gas & Electric Corp. plans to remake its board of directors with hedge fund financiers and people who have little experience in utility o...
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PG&E Files for Bankruptcy Amid Wildfire Lawsuits

SAN FRANCISCO — Pacific Gas & Electric Corp., the nation's biggest utility, filed for bankruptcy reorganization Tuesday in a bid to relieve itself of some of the billions of dollars in damages it could face as a result of California's devastating wildfires...
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Sears Staves Off Liquidation, Stores to Remain Open

NEW YORK — Sears will live on — at least for now. "While there's no doubt that a shrunken Sears will be more viable than the larger entity, which struggled to turn a profit, we remain extremely pessimistic about the chain's future." — Neil Saunders, managin...