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United States

Noel Randewich

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.

PG&E's stock deepens slump as wildfire fans liability fears

Nov 15 2018

SAN FRANCISCO, Nov 15 Shares of PG&E Corp sank 29 percent on Thursday, bringing the loss in its stock market value to nearly $16 billion since the breakout of a deadly wildfire in northern California that investors fear will be blamed on the utility.

Death toll hits 48 in California's worst wildfire disaster

Nov 14 2018

PARADISE, Calif. The remains of six more fire victims were found on Tuesday in a northern California town overrun by flames last week, raising the death toll to 48 in the most lethal and destructive wildfire in California's history. | Video

Teams search for bodies in California after wildfire claims 42 lives

Nov 13 2018

PARADISE, Calif., Nov 13 Search teams will fan out across the charred landscape of Paradise, California looking for human remains on Tuesday as authorities prepare for a rise in the deathcount from the state's deadliest wildfire.

At least 42 fatalities tallied in California's deadliest wildfire ever

Nov 13 2018

PARADISE, Calif. Search teams have recovered remains of 42 people killed by a fierce wildfire that largely incinerated the town of Paradise in northern California, marking the greatest loss of life from a wild land blaze in state history, authorities said on Monday. | Video

Utility stocks slump as California wildfires leave hundreds missing

Nov 12 2018

SAN FRANCISCO California utility stocks plummeted for a second day on Monday after deadly wildfires killed at least 31 people and left hundreds missing, with property losses estimated at over $2 billion and the companies facing potential liability.

Utility stocks slump as California wildfires leave hundreds missing

Nov 12 2018

SAN FRANCISCO, Nov 12 California utility stocks plummeted for a second day on Monday after deadly wildfires killed at least 31 people and left hundreds missing, with property losses estimated at over $2 billion and the companies facing potential liability.

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