Start United States USA — Financial PG&E Corp, California's Biggest Utility, Is Filing for Chapter 11 Bankruptcy Protection

PG&E Corp, California's Biggest Utility, Is Filing for Chapter 11 Bankruptcy Protection

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California’s largest utility is crying uncle. PG&E Corp said Monday it will file for bankruptcy protection as it deals with billions in possible liability costs over huge state wildfires, the… US News Summaries.
(Newser)

California’s largest utility is crying uncle. PG&E Corp said Monday it will file for bankruptcy protection as it deals with billions in possible liability costs over huge state wildfires, the Wall Street Journal reports. The utility and its main unit, Pacific Gas and Electric Co., plan to file on or around Jan.

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