SAN FRANCISCO — California regulators have approved a $373 million rate hike for Pacific Gas & Electric to pay costs related to a series of wildfires. KTVU-TV says the California Public Utilities Commission Thursday unanimously OK'd an increase that raises the average bill by $3.50 a month over 12 months. The station...
Regulators Challenge Boeing to Prove Its Max Jets Are Safe
Aviation regulators worldwide laid down a stark challenge for Boeing to prove that its grounded 737 Max jets are safe to fly amid suspicions that faulty software might have contributed to two crashes that killed 346 people in less than six months. In a key step toward unearthing the cause...
Tesla Walks Back Its Plan to Close Most Showrooms
DETROIT — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The...