Golden State Power Light & Gas Company? Bondholders Propose Renaming PG&E
Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy -- and give the tarnished company a new name.
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Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy -- and give the tarnished company a new name.
Gov. Gavin Newsom is willing to throw a financial lifeline to the state's major utilities dealing with the results of disastrous wildfires - but only if they agree to concessions including tying executive compensation to safety performance.
Pacific Gas & Electric Corp. officials said Wednesday its workers discovered more than 1,000 high-priority safety risks on its transmission lines and distribution poles over several months of inspections and almost all of them have been fixed.
PG&E settlement money to be used to help rebuild towns.
PG&E will pay more than a half-billion dollars to cover municipal claims related to last year's Camp Fire.
PG&E will pay Nevada County, Yuba County and seven other counties and cities 415 million dollars for losses caused by the North Bay Wildfires in October 2017, including the Cascade, Lobo and McCourtney Fires.
About 500 firefighters are battling a wildfire that erupted in Northern California Saturday afternoon and spread quickly across brush-covered hills.
The year's fire danger warning in Northern California is putting Pacific Gas & Electric on alert.
Top officials with the utility behind the deadliest U.S. wildfire in at least a century quietly toured the burned remains of a Northern California town Friday.
By the end of 2019, PG&E plans to have 600 weather stations and 100 high-definition cameras in high fire-threat areas.
California regulators on Thursday approved allowing utilities to cut off electricity to possibly hundreds of thousands of customers to avoid catastrophic wildfires like the one sparked by power lines last year that killed 85 people and largely destroyed the city of Paradise.
A California commission set up to study wildfire issues recommended Wednesday that the state change a liability standard imperiling major utilities, but Democratic leaders immediately said they won't tackle the hot-button topic for now.
According to the PG&E website, approximately 1,864 customers were affected by the outage that started just before 5 p.m.
PG&E wants to raise its rates and the California Public Utility Commission will hold public forums to give customers a chance to give their input.
Manteca isn't considered at high risk of burning down in a wildfire, but if the weather gets hot and dry enough in the Central Valley or Sierra Foothills, Pacific Gas and Electric Company could temporarily shut off power to the city and its more than 80,000 residents.
Pacific Gas & Electric Corp. has received approval to establish a $105 million fund to help survivors of recent California wildfires started by the utility's power lines.
You could be at risk of losing power, even if you don't live in a high-fire-risk zone.
PG&E just had a $3.50/month rate increase approved in April. The utility is asking for another $22/month increase next, to cover wildfire safety.
Generally speaking, if a utility is found to be negligent, they can't pass that debt on to ratepayers.
Cal Fire investigators have made their official determination of what caused the destructive Camp Fire in Butte County.
California's three major utilities spent at least $1.3 million to lobby state government in the first three months of 2019, during which one filed for bankruptcy and Gov. Gavin Newsom called for rethinking the state's energy future.
PG&E's top financial executives said they still haven't determined when the utility can start compensating victims of recent wildfires started by the utility's equipment.
A federal judge has approved Pacific Gas & Electric Corp.'s plans to pay $235 million in employee bonuses this year.
A federal bankruptcy judge in San Francisco on Tuesday approved a plan by PG&E Co. to pay up to 10,000 employees $235 million in bonuses for their work in 2019.
Pacific Gas and Electric says it needs another rate hike to enhance wildfire safety and attract investors.
A child has died and a man suffered major injuries in a hit-and-run collision in Sacramento's Oak Park neighborhood, officials said Thursday night.
A Northern California McDonald's employee who was hospitalized with serious burns after officials say a coworker threw hot cooking oil on him released a video from his hospital bed thanking community members for their support.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Voters in California may decide this fall on a proposal that would make tax increases on high-income earners to fund education permanent, officials said.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
A massive fire at the Medline Industries warehouse in Tracy forced nearby businesses to evacuate as crews dealt with water supply issues.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for potential public safety power shutoffs.
A Northern California McDonald's employee who was hospitalized with serious burns after officials say a coworker threw hot cooking oil on him released a video from his hospital bed thanking community members for their support.
A child has died and a man suffered major injuries in a hit-and-run collision in Sacramento's Oak Park neighborhood, officials said Thursday night.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
A child has died and a man suffered major injuries in a hit-and-run collision in Sacramento's Oak Park neighborhood, officials said Thursday night.
Several families have secured shelter while advocates say others remain unhoused a week after the City of Sacramento transitioned from its Motel Shelter Program to an Emergency Shelter Vouchers for Families program.
An arrest has been made after a man was killed in a weekend shooting at an Arden-Arcade business, officials said on Tuesday.
A Citrus Heights man has been arrested in connection with a deadly stabbing that happened this week in Sacramento, officials said on Thursday.
A man has been charged with bringing an explosive device into Sacramento International Airport, federal prosecutors announced.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for expected public safety power shutoffs.
A California couple was injured after discovering their dogs were fighting a bear in the Mammoth Lakes area earlier this week, police said.
Three U.S. citizens, including two California residents, have been arrested by the FBI in connection with an alleged plot to support ISIS.
A series of offshore earthquakes shook near California's North Coast early Wednesday morning.
A massive search effort is ongoing for a man missing since Memorial Day weekend in the Desolation Wilderness near Lake Tahoe.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
The U.S. men's national soccer team, which last appeared at the 2022 World Cup, will face Paraguay to kick off its 2026 World Cup.
With 104 World Cup games being played in the U.S., Canada and Mexico, it's like "a Super Bowl every single day for five weeks," U.S. team captain Tim Ream told CBS News.
Carlos Cortes and Lawrence Butler hit towering home runs in the seventh inning to rally the Athletics to a 4-3 victory over the Milwaukee Brewers and win the series.
Henry Bolte hit his first career home run and the Athletics went deep five more times at Las Vegas Ballpark in a 7-5 victory over the Milwaukee Brewers.
Voters in California may decide this fall on a proposal that would make tax increases on high-income earners to fund education permanent, officials said.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
California's Democratic Gov. Gavin Newsom spearheaded a redistricting initiative that was intended to make up to five more districts more friendly to Democrats. Voters may have different ideas.
Bill Gates told members of Congress on Wednesday that Jeffrey Epstein put his philanthropic work at risk, and that meeting him represented "a grave error in judgment."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A West Park High School sophomore is celebrating the end of the school year and a second chance at life after suffering a sudden cardiac arrest during band class last month.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
A massive fire at the Medline Industries warehouse in Tracy forced nearby businesses to evacuate as crews dealt with water supply issues.
Tracy Fire Chief Randall Bradley said there were water supply issues and said it was unclear whether the sprinkler system inside the facility was operating properly.
A large plume of black smoke can be seen in Tracy along Promontory Parkway on Thursday afternoon.
A large plume of black smoke can be seen in Tracy as emergency personnel respond to a warehouse fire along Promontory Parkway on Thursday afternoon.
Here's a look at the weather forecast Thursday afternoon.