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PG&E Seeks Another $2 Billion Rate Increase. Customer Bills Could Soar $40-$60 a Month.

Not even a month after Pacific Gas and Electric's rate case adding billions of dollars of revenue annually was approved by the California Public Utilities Commission, PG&E is seeking another $2 billion from customers. On Dec. 1, the utility company filed a motion with PUC for higher revenues to cover...

Ex-Bitwise Leaders Set to Return to Court. Fresno Company Was ‘Just a Bunch of Hype,’ Investor Says

Former Bitwise Industries co-CEO Jake Soberal and Irma Olguin Jr. return to federal court Friday for a review hearing of their bond. They are each charged with one count of conspiracy to commit wire fraud. Both pleaded not guilty at their joint Nov. 9 arraignment. If convicted, Soberal and Olguin...

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