Business Mag Search: Company
California Fire Liability Poses Threat to PG&E, a Major Utility
3 monthes ago - By NY Times
The company's stock has been cut almost in half since last week as investors assess the potential payout if its equipment is found to blame.
Read more ...Canada Goose, Tahoe rise; Macy's, Blue Apron fall
3 monthes ago - By Chron
NEW YORK - Stocks that moved substantially or traded heavily Wednesday:
PG&E Corp., down $7.13 to $25.59
People who lost their homes in California's deadliest and most destructive wildfire sued the utility for negligence and blamed it for the fire.
Tahoe Resources Inc., up $1.07 to $3.27
The company is being acquired by Pan American Silver Corp. in a stock-and-cash deal valued at more than $1 billion.
Snap Inc., down 23 cents to $6.48
The company behind Snapchat received federal subpoenas related to a class-action lawsuit stemming from its 2017 initial public offering.
Macy's Inc., down...
Read more ...PG&E rout may be hitting hedge funds after raised bets before fire
3 monthes ago - By Reuters
Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp's tumbling share price after raising bets on the utility in the months ahead of the Camp Fire, California's deadliest wildfire.
Read more ...PG&E outlook ominous if utility is found responsible for California's worst wildfire
3 monthes ago - By Stl Today
Northern California utility Pacific Gas and Electric said Wednesday that if it is deemed responsible for the fire that destroyed much of Paradise, the liability would exceed its insurance coverage. The cause of California's most destructive and deadly wildfire has...
Read more ...PG&E shares and bonds plunge as California wildfire risks mount
3 monthes ago - By Reuters
PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
Bose now makes $250 noise-masking Sleepbuds that are comfortable enough for...
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Bose's $250...
Investors are reverting back to the same bad habits that doomed the stock...
Mike Wilson - Morgan Stanley's chief US equity strategist - says investors are once again favoring the types of high-flying stocks that were at the forefront of sharp market...
Karl Lagerfeld refused to retire up until his death at age 85
Karl Lagerfeld has died at 85. For years, he famously refused to retire. "Why should I stop working? If I do, I'll die and it'll all be finished," Lagerfeld said in a 2012...
A former SAC Capital portfolio manager closing his $1 energy billion hedge...
Precocity Capital, an energy-focused hedge fund that began trading in mid-2016, is closing down, sources tell Business Insider. Nick Tiller, a former portfolio manager for...
A Galaxy S10 Plus commercial appears to have accidentally aired on TV ahead...
A TV commercial for the upcoming Galaxy S10 Plus was aired on Norwegian television. The Galaxy S10 hasn't been announced by Samsung yet, suggesting the airing of the commercial...
Why can't we build anything?
Last week, California governor Gavin Newsom announced that he was intending to aggressively scale back plans for the state's high-speed rail system , which in its most...
Google schedules GDC event, reportedly for cloud gaming service
Google has scheduled an event for March 19 at 10 a.m. Pacific time at the Game Developers Conference in San Francisco, where it may unveil Project Stream.
Bernie Sanders would be the oldest president in US history
Sen. Bernie Sanders announced on Tuesday that he's running for president in 2020. At age 77, if Sanders were to win he would be the oldest president by seven years - a record...
CREDIT SUISSE: Whether the market surges or tanks, tech stocks are perfectly...
Tech stocks are uniquely positioned to profit from a continued rally in US stocks and defend against a market downturn, according to equity strategists at Credit Suisse. They...
Kim Kardashian shoots down a conspiracy that she is in cahoots with Fashion...
Fast-fashion brand Fashion Nova posted an Instagram on Monday advertising a knock-off of a Thierry Mugler dress worn by Kim Kardashian West less than 24 hours prior.