SAN FRANCISCO – Pacific Gas & Electric grew out of a controversial bankruptcy saga that began after its long-neglected power grid ignited wildfires in California that killed more than 100 people. The nation’s largest utility company announced Wednesday that it emerged from Chapter 11 bankruptcy and paid $ 5.4 billion …
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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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Oil futures rose cautiously on Monday, buoyed by some recovery in energy demand, even as COVID-19 cases exceed 10 million worldwide, raising the possibility of new closings in parts of the world. world to contain the spread. “As global demand recovers, the natural inclination for oil is to increase as …
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Amazon.com Inc., the fast-delivery giant historically under fire for its impact on the environment, has bought the name rights to Seattle’s KeyArena, giving up a corporate nickname for calling the site Climate Pledge Arena. The facility, where the city’s incoming NHL franchise will play and where the WNBA’s Storm already …
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California regulators on Thursday passed new rules that would force automakers to sell more electric work trucks and delivery vans, a first-of-its-kind rule aimed at helping the nation’s most populous state clean up its worst quality of air in the nation. . The rules, which won’t take effect until 2024, …
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