PG&E Urges Judge To Approve Key Settlement, Faces ResistancePacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment.
Modesto Marie Callender's To Re-OpenA local Marie Callender’s restaurant that shuttered after the company filed for bankruptcy earlier this year is reopening.
LIST: Fairfield, Folsom, Modesto And Roseville Forever 21 Stores Could Close Amid BankruptcyThe greater Sacramento area could be down to just two Forever 21 stores as the struggling fast-fashion chain closes locations due to bankruptcy.
Antioch Sears To Shutter In Latest Round Of ClosuresMore than two dozen Sears and Kmart stores are closing, as the company continues to struggle after emerging from bankruptcy.
Citrus Heights, Modesto Marie Callender’s Among 19 Closed After Bankruptcy Filing; Sacramento Location OpenPerkins & Marie Callender’s has filed for Chapter 11 bankruptcy, prompting 29 restaurants to close – including two of the last left in Northern California.
Insurers Offer Competing Plan To Rescue PG&E From BankruptcyInsurance companies that say PG&E owes them more than $20 billion from wildfire claims wants to take over the California utility and pull it out of bankruptcy.
After Camp Fire, PG&E Customers Are Concerned About Rate HikesPG&E just had a $3.50/month rate increase approved in April. The utility is asking for another $22/month increase next, to cover wildfire safety.
PG&E Still Lacks Estimate On Compensating Wildfire VictimsPG&E's top financial executives said they still haven't determined when the utility can start compensating victims of recent wildfires started by the utility's equipment.
Bankruptcy Judge Allows PG&E To Pay Out $235 Million In Bonuses For 2019A federal bankruptcy judge in San Francisco on Tuesday approved a plan by PG&E Co. to pay up to 10,000 employees $235 million in bonuses for their work in 2019.
PG&E Names New CEO, Board Members Amid Bankruptcy ProceedingThe troubled California utility Pacific Gas & Electric Corp. named a new chief executive and board members Wednesday amid a bankruptcy proceeding.
Charlotte Russe Will Close All Of Its Stores, Liquidation Sales Start ThursdayThe women's clothing company joins a growing group of retailers that couldn't survive bankruptcy.
Toys 'R' Us Wants To Return To The United StatesThe new owners of Toys "R" Us want to bring the brand back to the United States. But they can't say when it will happen.
Utility Regulator Considering Public Takeover Of PG&E Amid Growing ProtestsThe damages added to the utility giant's multi-billion dollar debt, prompting its second bankruptcy filing since 2001, and forcing a critical choice for the state.
Attorney: PG&E Wants Trust Fund For Wildfire LawsuitsAn attorney for Pacific Gas & Electric Corp. says its goal in its bankruptcy case is to establish a trust fund to resolve all lawsuits from wildfire victims.
California Regulators Clear Way For PG&E Bankruptcy Filing California utility regulators on Monday removed a major hurdle to a planned bankruptcy filing by Pacific Gas & Electric Corp. at a raucous, last-minute meeting where protesters repeatedly denounced and spoke over members of the panel.