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PG&E may notify its employees this week of potential bankruptcy

5 monthes ago   |   By

PG&E Corp., facing billions of dollars in wildfire liabilities, may notify employees as soon as Monday that it's preparing a potential bankruptcy filing, according to people familiar with the situation. The San Francisco utility owner is planning to send the notice to fulfill a state law that requires...
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Exclusive: PG&E talking to banks on multibillion dollar bankruptcy financing - sources

5 monthes ago   |   By

PG&E Corp is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings, a sign that Chapter 11 filing preparations are intensifying in the wake of potentially staggering liabilities from deadly wildfires, sources said on Sunday.
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Exclusive: PG&E in talks with banks on multibillion bankruptcy financing - sources

5 monthes ago   |   By

California utility owner PG&E Corp is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings, a sign the company's Chapter 11 filing preparations are intensifying in the wake of potentially staggering liabilities from wildfires, people familiar with the matter said on Sunday.
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Trump Delivers a 'Bizarro World' Re-Election Speech

Trump Delivers a 'Bizarro World' Re-Election Speech

It was possible to see a measured, thoughtful appeal for re-election Tuesday night from a Republican president-a man who talked of being “grateful and proud for what we have... Read more ...

Sprouts Farmers Market recalls frozen spinach in several states due to...

Sprouts Farmers Market recalls frozen spinach in several states due to listeria concerns

You might want to check the fridge. Read more ...

Trump kicked off his 2020 campaign with a freewheeling rally riddled with...

Trump kicked off his 2020 campaign with a freewheeling rally riddled with falsehoods as he excoriated Mueller, Democrats, and the press

President Donald Trump officially kicked off his re-election campaign with a raucous rally Tuesday night in Orlando, Florida. Trump's stump speech conspicuously lacked concrete... Read more ...

US lawmakers are demanding scrutiny - and even a freeze - of Facebook's...

US lawmakers are demanding scrutiny - and even a freeze - of Facebook's cryptocurrency project

Facebook announced plans to create a new cryptocurrency on Tuesday - and the pushback has already begun. In the US, senior Democratic politicians are calling for careful... Read more ...

Glassdoor: VMware's Pat Gelsinger is CEO of the year, Facebook's Mark...

Glassdoor: VMware's Pat Gelsinger is CEO of the year, Facebook's Mark Zuckerberg drops 39 spots

Career website Glassdoor today released its 2019 list of the top 100 chief executive officers. VMware's Pat Gelsinger topped the list. Read more ...

Facebook's Libra cryptocurrency faces privacy concerns and political backlash

Facebook's Libra cryptocurrency faces privacy concerns and political backlash

Facebook announced a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. Read more ...

Google Investing $1 Billion To Fix Bay Area's Tech-Driven Housing Crisis

Google Investing $1 Billion To Fix Bay Area's Tech-Driven Housing Crisis

The tech giant says it wants to build 20,000 new residential units over the next decade. Read more ...

Facebook Unveils Libra Cryptocurrency, Sets Launch For 2020

Facebook Unveils Libra Cryptocurrency, Sets Launch For 2020

Libra will be controlled by a nonprofit group in which Facebook will share responsibilities with companies ranging from Mastercard and PayPal to Uber and Ebay. Read more ...

May 2019 NPD: The end of a generation

May 2019 NPD: The end of a generation

For the May 2019 NPD report, you have to look at the context of the current console generation. Gamers are looking past the Xbox One and PlayStation 4. Read more ...

Elon Musk has solved Tesla's problems using video games

Elon Musk has solved Tesla's problems using video games

Elon Musk is a gamer, which makes him inherently good and gracious. And now he's turning his cars into giant consoles just because! Read more ...