California utility PG&E's stock tumbles as wildfire spreads

France Nouvelles Nouvelles

California utility PG&E's stock tumbles as wildfire spreads
France Dernières Nouvelles,France Actualités
  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Shares of bankrupt California power utility PG&E Corp extended losses on Monday ...

The Getty Fire burns near the Getty Center along the 405 freeway north of Los Angeles, California, U.S. October 28, 2019. REUTERS/ Gene Blevins

After a brief trading halt caused by its rapid fall, PG&E’s stock was down 16%, bringing its loss to nearly 50% since late Wednesday, when the Kincade Fire started in Sonoma County and rapidly became the worst blaze in California. While the cause of the Kincade Fire has not been determined, it appears to have erupted near the base of a damaged high-voltage transmission tower owned by PG&E, which is California’s largest investor-owned utility and serves the northern part of the state.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

California power outages: Here's how you can keep the lights on next timeCalifornia power outages: Here's how you can keep the lights on next timeCalifornians can take steps to keep the lights on during the next planned outages. Here are some options:
Lire la suite »

PG&E Says Faulty Power Lines May Have Sparked 2 California WildfiresPG&E Says Faulty Power Lines May Have Sparked 2 California WildfiresPG&E said faulty power lines may have sparked 2 California wildfires by rachsandl
Lire la suite »

Here is how to survive a power outage in your homeHere is how to survive a power outage in your homePG&E and Southern California Edison power cuts: Here is how to survive a blackout
Lire la suite »

PG&E Says Faulty Power Lines May Have Sparked 2 California WildfiresPG&E Says Faulty Power Lines May Have Sparked 2 California WildfiresThe utility has already admitted to causing other wildfires across the state.
Lire la suite »

The Latest: California governor declares statewide emergencyThe Latest: California governor declares statewide emergencySAN FRANCISCO (AP) — The Latest on the wildfires in Northern California (all times local): 11:50 a.m. California Gov. Gavin Newsom has declared a statewide emergency as wildfires and...
Lire la suite »



Render Time: 2025-04-02 17:25:06