Pacific Gas & Electric will plead guilty to 84 counts of involuntary manslaughter for a swath of death and destruction left behind after its fraying electrical grid ignited a 2018 wildfire that decimated three Northern California towns and drove the nation’s largest utility into bankruptcy.

Pacific Gas & Electric on Monday won court approval to raise $23 billion to help pay its bills over destructive California wildfires after Gov. Gavin Newsom dropped his opposition to a financing package designed to help the nation’s largest utility get out of bankruptcy. The milestone reached during an unusual court hearing held by phone moves PG&E closer to...

PG&E has announced that it is suspending power shutoffs for nonpayment during the coronavirus pandemic, the utility announced Thursday.

Pacific Gas & Electric told a federal bankruptcy judge Tuesday that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires in California caused by the nation’s largest utility. The breakthrough disclosed by a PG&E lawyer during a court hearing in San Francisco could...

California power regulators on Thursday slapped Pacific Gas & Electric with a $2.1 billion fine for igniting a series of deadly wildfires that landed the beleaguered utility in bankruptcy.

A $13.5 billion settlement between victims of California’s catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the devastation.

PG&E Corp. CEO Bill Johnson blamed negligence by the company’s past management for a cascade of catastrophes that killed nearly 140 people as he tried to persuade California regulators Tuesday that he is steering the utility to make safety its top priority. Johnson, who was brought in to lead the company 10 months ago, delivered his remarks as the...

Pacific Gas & Electric is still operating a rickety power line near the one that ignited a 2018 wildfire that wiped out the Northern California city of Paradise and killed 85 people, according to an expert inspection conducted as part of a legal claim.

A California lawmaker unveiled legislation Monday aimed at transforming the nation’s largest electric utility into a publicly owned company.

Pacific Gas and Electric is pledging to overhaul its board of directors in an attempt to avoid a potential takeover attempt by the state of California and prove the nation’s largest utility is turning over a new leaf as it works through its second bankruptcy in less than 20 years. The promise to shake things up came late Friday as…

A state lawmaker on Wednesday demanded an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts. The request by Assemblyman Adam Gray could turn up the heat on the commission as it prepares to play a key role…

A county in Northern California wine country is exploring plans to sue a utility over a massive wildfire last fall that combined with rolling power shutoffs caused losses of $725 million. The Sonoma County Board of Supervisors voted Tuesday to hire two law firms to pursue legal action against pacific Gas & Electric, the nation’s largest utility. The 121-square-mile (313-square-kilometer)…

PG&E has told a regulatory judge that it could save over $500 million in taxes as part of a deal with California state regulators.

A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the costs of their response to the catastrophes. Pacific Gas & Electric declared bankruptcy nearly a year ago as it faced about $36 billion…

Just months before the Camp Fire, PG&E engineers urged the utility to inspect steel hardware on high voltage transmission towers in high wind areas that could be prone to wind-driven corrosion damage – like the damage found on the tower blamed for the disaster.

The state senators grilling the CEO of Pacific Gas & Electric Corp. were upset — like millions of other Californians, some spent days in the dark when the nation’s largest utility shut off power during windstorms this fall.

A federal bankruptcy judge in San Francisco on Tuesday approved two settlements totaling $24.5 billion between PG&E and victims of North Bay wildfires in 2017 and 2018 that were caused by failures in PG&E electrical equipment.

PG&E paid top execs $17 million in bonuses from 2012 to 2017, partly for meeting safety goals despite the fact that the company’s poor maintenance has been linked to deadly fires.

Gov. Gavin Newsom’s opposition to Pacific Gas & Electric’s restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation’s largest utility to go back to the negotiating table and come up with a solution fairly quickly. The San Francisco-based company needs to pull a deal off to meet a June...

California gov. Gavin Newsom has rejected a bankruptcy reorganization plan that Pacific Gas and Electric reached just last week with thousands of wildfire victims, including a $13.5 billion settlement.