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The Wall Street Journal: PG&E neglected power lines for years before deadly California wildfire, report finds

PG&E Corp. failed to adequately inspect and maintain its transmission lines for years before a faulty line started the deadliest fire in California history, a state investigation has found......»»

Category: topSource: marketwatchDec 2nd, 2019

The Wall Street Journal: PG&E says equipment malfunctioned right before deadliest California wildfire started

Electrical power equipment owned by California’s largest utility company appeared to have malfunctioned in an area where the state’s deadliest wildfire started last week, according to a PG&E Corp. securities filing......»»

Category: topSource: marketwatchNov 13th, 2018

The Wall Street Journal: U.S. oil drillers aren’t producing as much crude as forecast, finds WSJ report

Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower......»»

Category: topSource: marketwatchJan 2nd, 2019

The Wall Street Journal: Top PG&E Power executive to leave amid California wildfire crisis

A top executive overseeing the utility’s electric division is leaving the company amid rising concerns about its financial health and safety practices following the recent California wildfires......»»

Category: topSource: marketwatchJan 8th, 2019

The Wall Street Journal: ‘Massive’ forgery helped hide $3 billion hole in energy trader’s books

A distressed energy-trading company overstated its assets by more than $3 billion using “routine and pervasive” forgery, while its founder oversaw years of disastrous bets on oil derivatives, a report filed with a Singapore court said......»»

Category: topSource: marketwatchJun 24th, 2020

California Resources could file for bankruptcy this weekend--WSJ

California Resources Corp. could file for bankruptcy as soon as next week, according a report in The Wall Street Journal, as the oil driller disclosed Monday that it failed to make certain inte.....»»

Category: topSource: marketwatchJun 8th, 2020

A hedge fund betting on turbulence raked in a 400% return last quarter as coronavirus sent markets spinning, report says

Bryan R Smith/Reuters California hedge fund LongTail Alpha saw one of its funds post a 156% gain in March, the Wall Street Journal reported, bringing its firs.....»»

Category: topSource: businessinsiderApr 13th, 2020

The Wall Street Journal: California bans insurers from dropping policies in wildfire zones

California regulators temporarily banned insurers from refusing to renew home-insurance policies in certain wildfire-prone parts of the state in an effort to halt an insurance-availability crisis......»»

Category: topSource: marketwatchDec 5th, 2019

PG&E"s Stock Soars On Report Company Nears Wildfire Settlement

PG&E Corporation (NYSE: PCG) stock jumped more than 20% Wednesday after a report the utility is nearing a settlement with victims of California wildfires started by its power lines. 0 read more.....»»

Category: blogSource: benzingaDec 4th, 2019

PG&E had systemic problems with power line maintenance, probe finds

PG&E failed to adequately inspect and maintain its transmission lines for years before a faulty line started the deadliest fire in California history, a state investigation has found......»»

Category: topSource: moneycentralDec 3rd, 2019

PG&E failed to inspect transmission lines that caused deadly 2018 wildfire: state probe

Bankrupt California power producer PG&E Corp did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has concluded......»»

Category: topSource: reutersDec 3rd, 2019

PG&E failed to inspect transmission lines that caused deadly 2018 wilfdfire - state probe

Bankrupt California power producer PG&E Corp did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has concluded......»»

Category: topSource: reutersDec 3rd, 2019

PG&E failed to inspect transmission lines that caused deadly 2018 wilfdfire: state probe

Bankrupt California power producer PG&E Corp did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has concluded......»»

Category: topSource: reutersDec 3rd, 2019

PG&E had systemic problems with power line maintenance, California probe finds

PG&E Corp. failed to adequately inspect and maintain its transmission lines for years before a faulty line started the deadliest fire in California history, a state investigation has found......»»

Category: topSource: foxnewsDec 2nd, 2019

The Wall Street Journal: California at heightened risk of wildfires, blackouts this week

The National Weather Service issued high-level fire warnings for Southern California on Sunday, while PG&E Corp. warned of more power outages in Northern California where high winds and dry conditions also posed a fire risk......»»

Category: topSource: marketwatchNov 17th, 2019

The Wall Street Journal: OPEC report forecasts oil supplies will shrink over next 5 years

OPEC said Tuesday it expects its oil supplies to fall continuously over the next five years, suggesting the cartel may need to keep cutting output to stabilize prices amid a bigger-than-expected U.S. production boom and sluggish oil demand......»»

Category: topSource: marketwatchNov 5th, 2019

Report: GlobalFoundries CEO wants to take company public

Tom Caulfield, chief executive of computer chip maker GlobalFoundries, wants to take the company public in the next three years, according to a report by the Wall Street Journal. The company, which employs 3,000 people at its $15 billion manufacturi.....»»

Category: topSource: bizjournalsSep 25th, 2019

The Wall Street Journal: Trump ally sought Saudi funds as he lobbied for nuclear deal, House report finds

Tom Barrack, an equity investor and a close ally of President Donald Trump, sought Saudi government funding in a bid to buy ailing U.S. nuclear reactor builder Westinghouse, according to a House report......»»

Category: topSource: marketwatchJul 29th, 2019

The Wall Street Journal: State of emergency sought by California governor after 7.1 magnitude quake

A magnitude 7.1 earthquake rocked southern California Friday night, sending tremors that could be felt in Los Angeles, Las Vegas, and nearly 400 miles north in Sacramento. The quake caused fires, power outages and collapsed buildings, officials said......»»

Category: topSource: marketwatchJul 6th, 2019

The Wall Street Journal: North Korea is dodging sanctions, U.N. report finds

North Korea has punched a hole in the web of United Nations sanctions intended to pressure Pyongyang to give up its nuclear-weapons programs and long-ra.....»»

Category: topSource: marketwatchMar 11th, 2019

The Wall Street Journal: Missouri governor coerced woman into sex act, legislative report finds

A special Missouri legislative committee issued a report Wednesd.....»»

Category: topSource: marketwatchApr 11th, 2018