SAN FRANCISCO - A U.S. bankruptcy judge on Tuesday deferred a ruling on whether to approve a PG&E Corp plan to pay up to $350 million in bonuses to 10,000 employees, saying he wants more details from the California power producer that is facing bankruptcy following last year’s wildfires.
“It doesn’t quite feel right yet,” Montali said of the plan, noting he wanted a better understanding of how some of its performance measures will affect payouts. The investor-owned power provider has said it expects its equipment will be found to have caused November’s Camp Fire, California’s deadliest and most destructive wildfire of modern times. The blaze killed 86 people and destroyed the town of Paradise.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. judge defers hearing on PG&E $350 million bonus planA U.S. bankruptcy judge on Tuesday deferred a ruling on whether to approve or re...
Source: Reuters - 🏆 2. / 97 Read more »
Shockingly Good Smartphones You Can Get for $350 or LessA generation of inexpensive phones has hit the market offering great performance, good battery life, attractive design and even some unique extras—for an experience shockingly similar to a $1,000 phone. pierce Still better than an iPhone! pierce How much are the miners in Central Africa gettin' paid tho pierce Get this man some powder cc JoannaStern
Source: WSJ - 🏆 98. / 63 Read more »
U.S. judge defers hearing on PG&E $350 million bonus planA U.S. bankruptcy judge on Tuesday deferred a ruling on whether to approve or re...
Source: Reuters - 🏆 2. / 97 Read more »
U.S. judge orders PG&E to hold dividends to pay for efforts to reduce wildfire risksA U.S. judge said on Tuesday that PG&E Corp cannot resume dividends and must use... Technology needs to catch up with the demand as “out-dated sparking electrical systems” need to be replaced! Shareholders need to support upgrades or fall into line with the lawsuits that result from their carelessness! It’s like when you have a previous felony conviction for killing people and now you killed another 86 people, but the judge says no jail time and they are taking $5 bucks off your paycheck. Justice? 🤔
Source: Reuters - 🏆 2. / 97 Read more »
Judge takes oversight of PG&E’s wildfire prevention plansA federal judge says he will closely monitor Pacific Gas & Electric's tree-trimming effort this year and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan.
Source: latimes - 🏆 11. / 82 Read more »
U.S. judge rules against Expedia in United Airlines fare listings lawsuitA federal judge in Manhattan on Friday rejected Expedia Inc's request for a...
Source: Reuters - 🏆 2. / 97 Read more »
Trump administration plan for census citizenship question ruled against by third federal judgeA third federal judge ruled Friday against the Trump administration's plan to ask about citizenship in the 2020 census. But you can ask for employment, you can ask for govt benefits you just can't ask in a national census... seems like they're afraid to see how many noncitizens are really in America Do you think Adolf Hitler counted Jews, Gypsies, Slavs, the mentally handicapped and disabled in his German Census? Of course not. So now we know where Republicans got the idea. SecPompeo SecretaryRoss CommerceGov SenSanders SCOTUSblog ABAJournal danabrams NancyGrace Do some research folks the citizenship question isn't new!
Source: USATODAY - 🏆 100. / 63 Read more »
Appeals court in D.C. rules judges may not create exceptions to grand-jury secrecy rulesThe case has been watched closely for any potential impact on the Mueller report, and the ruling endorsed the release of grand-jury material to the House. English, please So the House will see EVERYTHING but the public will NOT.
Source: washingtonpost - 🏆 95. / 72 Read more »
Shockingly Good Smartphones You Can Get for $350 or LessA generation of inexpensive phones has hit the market offering great performance, good battery life, attractive design and even some unique extras—for an experience shockingly similar to a $1,000 phone. pierce Still better than an iPhone! pierce How much are the miners in Central Africa gettin' paid tho pierce Get this man some powder cc JoannaStern
Source: WSJ - 🏆 98. / 63 Read more »