The largest utility in the U.S. has filed for bankruptcy as it faces billions of dollars in potential damages from wildfires in California.
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PG&E files for bankruptcy amid California wildfire lawsuitsThe utility filed documents in a U.S. court seeking Chapter 11 reorganization despite state investigators determining last week that its equipment was not to blame for a 2017 fire that killed 22 people in Northern California wine country.
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The Latest: PG&E, US's largest utility, files for bankruptcyThe Latest on PG&E bankruptcy filing (all times local): 1:30 a.m. The largest utility in the U.S. has filed for bankruptcy as it faces billions of dollars in potential damages from wildfires in California. Pacific Gas & Electric Corp. filed documents in a U.S. court Tuesday seeking...
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Wall Street under pressure | 4 Dow stocks report earnings | PG&E files for bankruptcyFutures are pointing to a modestly lower open on Wall Street and an extension of Monday's losses.
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Nation's largest utility files for bankruptcy in wake of wildfiresThe largest utility in the U.S. has filed for bankruptcy as it faces billions of dollars in potential damages from wildfires in California.
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