Business Mag Search: Economy - Finance > BusinessNews
PG&E shares, debt rebound as regulator soothes bankruptcy fear
3 monthes ago - By Reuters
Shares of embattled utility PG&E Corp surged 37 percent on Friday as fears it could be bankrupted by potential liability from California's deadliest-ever wildfire were assuaged by signs of support from a regulator.
Read more ...PG&E options traders bet stock not out of the woods yet
3 monthes ago - By Reuters
The wild swings in the shares of PG&E Corp over the past week have drawn a rush of trading in the electricity provider's options contracts and traders are betting the stock is going to remain prone to wild gyrations in the near term.
Read more ...PG&E shares, debt recover as regulator eases bankruptcy fears
3 monthes ago - By Reuters
Shares of embattled utility PG&E Corp jumped 40 percent on Friday as fears it could be bankrupted by the fallout of California's deadly wildfires were eased by signs of support for the company from one regulator.
Read more ...California's biggest utility provider spikes after regulator eases fears of bankruptcy following deadly wildfire
3 monthes ago - By Business Insider
California's deadliest and most destructive wildfire broke out last Thursday.
The Pacific Gas and Electric Company said it could be responsible for the fire and had exhausted its revolving line of credit to pay for a fire-related liability.
California Public Utilities Commission President Michael Picker said he couldn't imagine letting the California utility declare bankruptcy.
Shares were under pressure recently but rallied on Friday following Picker's comments.
Watch PG&E trade live here.
The Pacific Gas and Electric Company soared as much as 45% early Friday after a regulator said he...
Read more ...PG&E shares jump as regulator eases bankruptcy fears
3 monthes ago - By Reuters
Shares of embattled utility PG&E Corp jumped 40 percent on Friday as fears it could be bankrupted by the fallout of California's deadly wildfires were eased by signs of support from one regulator for the company.
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
Richard Branson hires boutique bank to find funding for Virgin space...
Richard Branson has tapped a boutique investment bank to raise funds for two space companies within the Virgin Group. Branson backed out of talks with Saudi Arabia's sovereign...
Spending's slumping, manufacturing's slowing, and delinquencies are rising...
There are lots of red flags for the US economy right now. R etail sales collapsed by the most since 2009 in December, while American manufacturing is in danger of entering a...
Rivian, perhaps the Tesla of trucks, lands $700 million Amazon-led investment
Rivian, the electric truck startup, received a major boost Friday with the announcement of a $700 million investment round led by Amazon. The nascent manufacturer, which...
I flew economy class on Kenya Airways' flagship 787 Dreamliner to see if...
Nicknamed "the Pride of Africa," Kenya Airways is the flag carrier of Kenya and a member of SkyTeam Alliance, operating in 53 cities around the world. It recently launched a...
Schedule for Week of February 17, 2019
The key report this week is January existing home sales. For manufacturing, the February Philly Fed manufacturing survey will be released. --- Monday, Feb 18th --- All US...
Tesla needs to expedite its plans for an electric pickup truck before it...
The auto industry is making some serious noise about electric pickup trucks. Last week, Amazon led an investment of $700 million in electric startup Rivian , which debuted a...
5 Little Known Reasons Your Content Writer Should Be a Philosopher
Does the word ‘philosopher' conjure up an image of a meditating guru sitting crosslegged on a barren mountaintop? Or maybe you once took a philosophy class, so you know what...
The CEO of Charles Schwab Investment Management says there's a challenge...
Charles Schwab Investment Management is one of the few major asset managers that doesn't offer an exchange-traded-fund with a strategy that incorporates environmental, social...
Business-as-usual is priority when divorce hits a family-owned business
The value of a business is not static - it moves with the market, the economy and the business' overall success, say experts. Therefore, keeping operations status quo is key as...
Amazon leads $700 million investment into electric pickup truck startup Rivian
Amazon.com will lead a $700 million investment in electric pickup truck startup Rivian Automotive, in the e-commerce giant's biggest bet in automotive.