• PG&E Stock Falls as California Wildfire Quadruples in Size

    7 days ago - By Fortune

    A wildfire in Northern California's Sierra Nevada foothills quadrupled in size late Thursday as winds threaten to make it spread faster. The state's largest utility, PG&E Corp. , fell 10 percent in early trading.
    The blaze near Chico has left more than 23,000 homes and businesses without power, according to PG&E's website. Residents in several towns were evacuated. The National Weather Service warns flames will spread rapidly as high pressure across the region has parched the air and fueled gusts of up to 65 miles per hour.
    As of 8 p.m. Thursday, the foothills fire had grown to 20,000...
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