November 22, 2023
You are here:  Home  >  Energy  >  Current Article

PG&E stock soars as CPUC president says company too big to fail


Bloomberg News PG&E soared the most in 17 years after the head of California’s Public Utilities Commission said he can’t imagine allowing the company to go bankrupt as it faces billions of dollars in potential liability from deadly wildfires. PG&E was up 38 percent at 10:27 a.m. PST in New York, after a roller-coaster ride…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.