Tag Archives: bankruptcy

PG&E Stock is going up to start its first day of bankruptcy

Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …

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Parent company Chuck E. Cheese files for bankruptcy

Every kid’s favorite pizza-loving mouse has become a victim of the coronavirus. Chuck E. Cheese’s parent company, CEC Entertainment, filed for bankruptcy Wednesday night after the pandemic closed most of its family restaurants. The restaurant and arcade chain said it will use the Chapter 11 process to restructure its heavy …

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