Movers & Shakers: July 11, 2019
Stories moving the markets and shaking up the world.
PG&E
Now that PG&E has filed for bankruptcy, what happens next?
The utility giant has close to 10 million customer accounts.
PG&E owner files for bankruptcy protection
PG&E listed assets of $71.39 billion and liabilities of $51.69 billion.
PG&E shares seesaw amid report it may avoid bankruptcy
An investor group reportedly offered the utility giant $4 billion.
PG&E CEO exits as utility makes bankruptcy preparations
General Counsel John Simon will replace Williams on an interim basis,
PG&E shares plunge on bankruptcy worries
The utility could be faced with billions of dollars of liabilities from fatal blazes in 2018 and 2017.