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This $2.5 Billion Wildfire Charge May Be Just the Beginning for California Utilities

The parent of California’s largest investor-owned utility plans to take a $2.5 billion charge related to a spate of deadly wildfires that swept the northern part of the state last October......»»

Category: smallbizSource: wsjJun 21st, 2018

PG&E shares fall as California links utility company to wildfires

State officials said the fires in question “were caused by electric power and distribution lines, conductors and the failure of power polls.”.....»»

Category: topSource: foxnewsJun 11th, 2018

The 12 deadly California wildfires last fall were reportedly caused by downed power lines

REUTERS/Gene Blevins The 12 Northern California wildfires last fall, including two that killed a total of 15 people, were caused by downed power lines. A government.....»»

Category: topSource: businessinsiderJun 8th, 2018

California is due for a mega-flood that could force 1.5 million people to evacuate and cause $725 billion in damage — and it would hit Silicon Valley hard

Getty Images A report from the US Geological Survey and a new book from Lucy Jones, an esteemed seismologist, say that an extreme storm could h.....»»

Category: topSource: businessinsiderMay 5th, 2018

PG&E to take $2.5B charge for California wildfires

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 21st, 2018

California Wildfires: Elon Musk’s Flamethrower Toy Could Be a Problem

Will this extremely hot and dry summer survive 20,000 not-a-flamethrowers?.....»»

Category: topSource: newsweekJun 18th, 2018

U.S. Spent $8.6 Billion On War on Drugs in Afghanistan And It"s Still Losing, Report Says

The report also said that targeted strikes sometimes cause civilian deaths, which could alienate the local population and bolster militant sentiments......»»

Category: topSource: newsweekJun 15th, 2018

Kentucky Center president outlines damage, reopening plans

Most of the damage from Wednesday's fire at the Kentucky Center for the Performing Arts was caused by water. Kim Baker, president and CEO of the Kentucky Center, said in an email that the damage affected the center's lobby, with some minor damage in t.....»»

Category: topSource: bizjournalsJun 15th, 2018

Hamas Threatens to Hit Israel With Barrage of 5,000 Fire Kites

The fire kits have destroyed thousands of acres of farmland and caused millions in damage......»»

Category: topSource: newsweekJun 15th, 2018

VW could face further fines from German authorities

BRAUNSCHWEIG, Germany (Reuters) - Volkswagen could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay for management lapses which caused emissions cheating on 11 million VW diesel cars......»»

Category: topSource: reutersJun 14th, 2018

Wilkes Barre Tornado: Severe Damage Caused By Potential Tornado in Pennsylvania

Pictures from the scene showed destroyed buildings and overturned cars......»»

Category: topSource: newsweekJun 14th, 2018

Firefighters Aren’t Happy About Elon Musk’s ‘Not a Flamethrower’

Firefighters in Southern California, an area known for its wildfires, are concerned about Musk's new flamethrower device. Firefighters who have .....»»

Category: europeSource: fortuneJun 13th, 2018

PG&E Slides as California Assigns Fire Blame

Shares of utility PG&E are sliding today after Cal Fire Cal-Fire said 12 of the more than 170 wild fires in Northern California last October were caused by the utility's electric power and distribution lines, conductors and the failure of power poles......»»

Category: blogSource: barronsJun 11th, 2018

Morning Movers: PG&E Gets Crushed, Sempra Jumps, Genworth Flies

The Dow Jones Industrial Average has edged higher this morning as a very busy week gets underway. PG&G gets hit after California blames it for wildfires, while Sempra Energy gains on an activist's stake......»»

Category: blogSource: barronsJun 11th, 2018

PG&E drops as analysts debate Cal Fire report on Northern California wildfires

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 11th, 2018

Here’s why property insurance premiums could be going up in Florida

Three major hurricanes caused about $80 billion in insured losses nationwide for property and casualty insurers in 2017, but in Florida, legal maneuvers are as much a factor as weather in driving up pricing on homeowners’ insurance policies, a n.....»»

Category: topSource: bizjournalsJun 11th, 2018

Health plan uses team approach to face opioid addiction

The numbers tell the story for themselves – of the 64,000 drug-overdose deaths in the U.S. in 2016, three quarters were caused by opioids, according to the Centers for Disease Control. And recent reports from the CDC show opioid overdoses increased.....»»

Category: topSource: bizjournalsJun 11th, 2018

11 tips for visiting Apple"s $5 billion headquarters, Apple Park (AAPL)

YouTube/Matthew RobertsTucked into suburban California is a new tech landmark:.....»»

Category: topSource: businessinsiderJun 10th, 2018

Macy"s to offer discounts for Hawaii lava, flood victims

Several Macy’s stores in Hawaii are giving discounts to Hawaii residents impacted by the ongoing volcanic activity on the Big Island as well as the flooding and heavy rains that caused damage in East Oahu and on Kauai in mid-April. The Cincinna.....»»

Category: topSource: bizjournalsJun 7th, 2018

Here’s why property insurance premiums could be going up in Florida and in Tampa Bay

Three major hurricanes caused about $80 billion in insured losses nationwide for property and casualty insurers in 2017, but in Florida, legal maneuvers are as much a factor as weather in driving up pricing on homeowners’ insurance policies, a n.....»»

Category: topSource: bizjournalsJun 6th, 2018