Business

PG&E, facing colossal liability, seeks bankruptcy protection

6 monthes ago   |   By KSBW


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PG&E stock crashes nearly 50% as utility says it will file for bankruptcy because of wildfires liability

PG&E stock crashes nearly 50% as utility says it will file for bankruptcy because of wildfires liability

6 monthes ago   |   By CNBC

PG&E craters after it said it will file for bankruptcy protection amid financial anguish stemming from its role in California's devastating wildfires.
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PG&E stock crashes 50% as utility says it will file for bankruptcy because of wildfires liability

6 monthes ago   |   By CNBC

PG&E cratered Monday after it said it will file for bankruptcy protection amid financial anguish stemming from its role in recent wildfires.
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'Gossip Girl' is getting a reboot to help drive subscribers for HBO Max...

'Gossip Girl' is getting a reboot to help drive subscribers for HBO Max, WarnerMedia's upcoming Netflix competitor

"Gossip Girl" has been picked up for a 10-episode reboot at WarnerMedia's upcoming streaming service, HBO Max. It raises questions about the future of the show's availability... Read more ...

Everyone from Drake to the Jonas Brothers is posting photos where they look...

Everyone from Drake to the Jonas Brothers is posting photos where they look old - these are the best ones

Seeing a lot of photos in your social media feeds with elderly versions of people you otherwise know to not be quite so old? That's because of an app named FaceApp that's going... Read more ...

EU Investigates If Amazon Hurts Competition By Using Sellers' Data

EU Investigates If Amazon Hurts Competition By Using Sellers' Data

The European Union's antitrust arm will evaluate Amazon's role as both a retailer and a marketplace for others. One focus will be on Amazon's use of data collected from... Read more ...

Blue Ivy shares the spotlight with mom Beyoncé in her new music video for...

Blue Ivy shares the spotlight with mom Beyoncé in her new music video for the 'Lion King' remake

During a special on ABC Tuesday night, Beyoncé released the music video for her new single for "The Lion King" remake, "Spirit," and it's stunning. Over four-and-a-half... Read more ...

Video shows Trump partying with Jeffrey Epstein and a roomful of NFL...

Video shows Trump partying with Jeffrey Epstein and a roomful of NFL cheerleaders at Mar-a-Lago in 1992

Footage from a 1992 Mar-a-Lago party shows Donald Trump dancing and laughing with Jeffrey Epstein. The video was shot for Faith Daniels' NBC talk show "A Closer Look" and shows... Read more ...

These are the 2 job trends pushing companies like Amazon to spend billions...

These are the 2 job trends pushing companies like Amazon to spend billions updating workers like you'd update technology

Companies like Amazon and Accenture are spending billions on employee retraining programs. The goal is to equip their staff with the skills necessary in the workplace of the... Read more ...

Opendoor and Lime-backer Fifth Wall just raised $500 million in new funding...

Opendoor and Lime-backer Fifth Wall just raised $500 million in new funding to invest in real estate tech

Fifth Wall Ventures, a proptech-focused venture capital firm, said on Wednesday it has raised $503 million for its second fund. "Proptech" encompasses a diverse range of... Read more ...

Bank of America Merrill Lynch beats Wall Street forecasts with record...

Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings

Bank of America Merrill Lynch reported record second-quarter earnings Wednesday that beat analysts' profit expectations. Watch Bank of America Merrill Lynch trade live . Bank... Read more ...

Here's what 5 experts told us about the $1 billion worth of cocaine found on...

Here's what 5 experts told us about the $1 billion worth of cocaine found on a boat owned by JPMorgan

We spoke to the author of "Narconomics" and other experts about the estimated $1 billion worth of cocaine found on a ship owned by JPMorgan. They said the drugs are probably... Read more ...

Elon Musk's company Neuralink plans to connect people's brains to the...

Elon Musk's company Neuralink plans to connect people's brains to the internet by next year using a procedure he claims will be as safe and easy as LASIK eye surgery

Elon Musk on Tuesday announced in a livestream that his neuro technology startup Neuralink hopes to begin implanting devices into human minds as early as next year. Musk has... Read more ...