The utility is facing lawsuits connected to California's deadliest-ever wildfire, the Camp Fire, which killed 86 people in November.
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California utility PG&E's credit rating lowered to junk as it faces billions in wildfire claimsA Moody's downgrade cited challenges for the power company as it faces potentially big liabilities related to wildfires.
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California PG&E's stock tumbles 20 percent amid reports of bankruptcy musingsCalifornia-based utility PG&E's shares plunged 20 percent Friday after media reports claimed the company may file for bankruptcy amid mounting lawsuits
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CEO of California utility PG&E steps down as company faces potential wildfire liabilitiesCalifornia power company PG&E CEO Geisha Williams has stepped down, the company said on Sunday, as it faces billions of dollars in potential liabilities related to deadly wildfires.
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California utility PG&E, facing wildfire claims, explores possible bankruptcy, sources sayThe company has said it could face 'significant liability' if its equipment was found to have caused last year's wildfires.
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PG&E, the nation’s biggest utility company, files for bankruptcy after California wildfiresThe company is under scrutiny for its role in the Camp Fire, which razed the small town of Paradise in November and killed 86 people.
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CEO of California utility PG&E resigns as firm faces liability over wildfiresCalifornia's largest utility company said on Sunday its chief executive had resigned as the firm faces billions of dollars in potential liabilities tied to the state's deadly and destructive wildfires last year. Geisha Williams announced her resignation from PG&E amid growing concerns over the
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