As Chinese business shutdowns extended past the traditional Lunar New Year holiday into February, and workers stayed home from factories and ports, “it became pretty clear…that we were looking at Continue Reading
Home sales are slowing in wildfire-prone areas of California as insurers retreat from high-risk regions, say real-estate agents and homeowners. Insurance companies have continued to reduce their wildfire exposure in the Continue Reading
After months of wildfires, an essential question in a warming, windy California is this: How does the state keep the lights on? A tiny Native American tribe, settled here in Continue Reading
California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp ( PCG.N ), the state’s largest investor-owned utility, saying its proposal fails to meet the Continue Reading
In a letter Friday to PG&E, the Democratic governor said the company’s plan “fails to address most of the issues we previously raised,” including a transformed corporate board and sufficient Continue Reading
PG&E’s current rate of electric-line replacement falls far short of what’s needed to prevent a surge of failures due to the effects of aging, according to the analysis by researchers Continue Reading
California’s bankrupt power producer PG&E Corp ( PCG.N ) said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state’s Continue Reading
California’s wildfires have grown so costly and damaging that insurance companies — a homeowner’s last hope when disaster strikes — have increasingly been canceling people’s policies in fire-prone parts of Continue Reading
Outside the Beltway EARTH, WIND AND FIRE: Parts of California are warming at double the rate of the continental United States — and that pace has only accelerated over the Continue Reading
Bankrupt California power producer PG&E Corp ( PCG.N ) did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people Continue Reading
