Facing Massive Liability, Pg&e Seeks Bankruptcy Protection

Pacific Gas and Electric said it plans to file for bankruptcy protection amid potentially massive liabilities resulting from the deadly California wildfires. The announcement Monday follows the resignation of the power company’s chief executive Geisha Williams a day earlier. John Simon, the company’ general counsel since 2017, will serve as interim chief executive. Officials are investigating whether the utility’s equipment sparked a wildfire in Northern California in November that killed at least 86 people and destroyed 15,000 homes.

Sections:  u.s.   
Topics:  Washington   Clark County   Vancouver   
RELATED ARTICLES
  • New building for Pacific Northwest National Lab campus
    RICHLAND — The federal government’s Pacific Northwest National Laboratory will build a new $90 million energy sciences research building on its Richland campus. A contract to design and construct the building has been awarded to a Houston-based team of Harvey Cleary Builders and Kirksey Architecture. The Tri-City Herald says the facility will cover 110,000 to 145,000 square feet. More
  • ‘Scumbag’ comment gets juror removed in Pasco double-murder trial. Judge says it’s not her fault
    PASCO, Wa. — A relative of a Pasco homicide victim, who phoned a juror last week, admitted calling the accused killer a “scumbag” during the brief telephone conversation. The relative was tracked down and interviewed by a defense investigator on Friday after the juror in Hector Orozco Jr.’s double-murder trial told court officials about the phone call. On Tuesday, attorney Daniel Stovern renewed his claim of jury tampering based on the conversation between “Juror No. More
  • New trial starts for 2 charged in homeless camp killing
    SEATTLE — A new trial has started for brothers accused of fatally shooting two people and wounding three others at the Seattle homeless encampment known as the Jungle. The Seattle Times reports James and Jerome Taafulisia are being tried for again on murder and assault charges in connection with the Jan. More
  • Woman sues Home Depot for $1.5M after termination
    BEND, Ore. — A Bend Paralympic athlete is suing Home Depot for $1.5 million, claiming the company did not consider her disability when it fired her in 2017. The Bulletin reports in a complaint filed Tuesday in Deschutes County Circuit Court, Barbara Buchan claims that after suffering a concussion in a fall at work, management fired her for keeping $11 worth of presentation materials in her vehicle overnight. More
  • 1 dead in Burien fire
    BURIEN — A woman was found dead and a second was injured as fire burned an apartment building in Burien. KOMO reports that firefighters arrived at the Forest View Apartments around 6 p.m. Tuesday to find flames burning on at least three floors. About two dozen people from seven affected apartments are receiving assistance from the Red Cross. More
BING NEWS:
  • PG&E wins $15 billion loan from Biden Administration to expand grid
    Pacific Gas and Electric Co. has been offered a record $15 billion loan from the U.S. Department of Energy to expand the electrical grid and support clean energy projects. The conditional loan, ...
    12/17/2024 - 9:20 am | View Link
  • Biden administration offers California’s PG&E up to $15B loan to boost climate resilience
    The Biden administration on Tuesday announced its conditional approval of a loan guarantee for Pacific Gas & Electric Co. (PG&E) of up to $15 billion, which would serve to decarbonize the massive ...
    12/17/2024 - 3:57 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News