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United States

Nichola Groom

Regulator 'stunned and terrified' after causing PG&E stock surge

Nov 16 2018

The chief of California's top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.

PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

Nov 16 2018

SAN FRANCISCO/LOS ANGELES PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month's deadly wildfire in northern California. | Video

PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

Nov 16 2018

SAN FRANCISCO/LOS ANGELES PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month's deadly wildfire in northern California. | Video

California regulator stunned by impact of his reassurance on PG&E

Nov 16 2018

The chief of California's top utilities regulator said on Friday he was "stunned and terrified" to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.

Tesla slashes prices on home solar systems to spur sales

Nov 15 2018

Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters on Thursday.

Tesla slashes prices on home solar systems to spur sales

Nov 15 2018

Nov 15 Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters.

Explainer: Blame climate, but crowded forests also fuel California fires

Nov 14 2018

With a tweet blaming California's wildfires on "gross mismanagement of the forests," President Donald Trump dismissed the role of climate change in the worsening blazes across the U.S. West - generating widespread derision in the Golden State. | Video

Blame climate, but crowded forests also fuel California fires

Nov 14 2018

With a tweet blaming California's wildfires on "gross mismanagement of the forests," President Donald Trump dismissed the role of climate change in the worsening blazes across the U.S. West - generating widespread derision in the Golden State.

Voters in three U.S. states reject initiatives to curb fossil fuel use

Nov 07 2018

Voters in Colorado, Arizona and Washington states rejected ballot initiatives that sought to curb fossil fuels use by restricting drilling, putting a fee on carbon emissions and mandating wider use of renewable energy.

Washington state carbon tax poised to fail after Big Oil campaign

Nov 07 2018

Washington state was heading toward rejecting a ballot initiative to create the first carbon tax in the United States, a tally of about 80 percent of votes showed early on Wednesday, after an oil industry campaign argued it would hurt the economy.

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