<< Read Full Article
<< Read Full Article
Pacific Gas & Electric Files for Bankruptcy
Pacific Gas & Electric, the financially troubled utility unit of PG&E (PCG Quote), filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code on Friday, saying that its unreimbursed energy costs are now increasing by more than $300 million a month.
The filing doesn't affect PG&E or the parent company's other units, including National Energy Group. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet