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The Latest Breaking News from PGE

The 'Why' Behind Wednesday’s Top 3 Unusually Active Options

The top three unusually active options on Wednesday had an average Vol/OI ratio of 133.89. That’s relatively high. Here’s the “why” for these stocks and their unusually active options.

Barchart

PG&E Corporation Stock: Is PCG Outperforming the Utilities Sector?

PG&E Corporation has recently lagged behind the broader utilities sector, but analysts are highly bullish about the stock's potential.

Barchart

3 CEOs are innovating California's power grid to reduce wildfires

"Every sector needs to be making investments to adapt its infrastructure for climate change."

Fortune

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Is PG&E Corporation Stock Outperforming the Dow

PG&E Corporation has recently outperformed the Dow Jones, and Wall Street analysts anticipate an upside for the stock.

Barchart

Environmental Group Sues Energy Department Over Diablo Canyon Funding

Lawsuit filed against U.S. Energy Dept. over funding for Diablo Canyon nuclear plant extension, sparking safety and environmental concerns.

Top News

Power Play: No Limits Mean PG&E May Raise Rates Again for Northern and Central Californians

A $33 a month average rate hike took effect Jan. 1. Now PG&E wants up to $20 a month more. Reformers say it is time to cap annual increases.

Capital & Main

Why 16 Million Households in Northern and Central California Are About to Pay More for Electricity

With no cap on price increases for California’s utilities, Pacific Gas & Electric will hike rates 13%, which it says is needed for upgrades.

Capital & Main

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PG&E bills will go up by more than $32 per month next year in part to pay for wildfire protections

About 16 million people in California will pay higher electric and gas bills next year

The Independent UK

Piers Morgan grills Marjorie Taylor Greene about ‘Jewish space lasers’

The far right congresswoman refused to explain her infamous 2018 Facebook post, which critics have accused of promoting antisemitic conspiracy theories

The Independent UK

Disputes over safety, cost swirl a year after California OK'd plan to keep last nuke plant running

More than a year after California endorsed a proposal to extend the lifespan of its last nuclear power plant, disputes continue to swirl about potential safety risks and future costs tied to the decades-old reactors

The Independent UK

A California town was leveled by a wildfire. Three years on, it feels the world has forgotten

Berry Creek’s struggle to recover is a harbinger of what’s to come in the era of climate crisis

The Guardian - US

A town re-emerges from the ashes of a devastating wildfire. But five years on, is Paradise for all?

A deadly blaze in 2018 leveled the area, but now residents are dreaming of a different future in the rapidly developing community

The Guardian - US

8 Stocks Sporting 20% 'Aggregate' Yields Are Worth Your While

Why bother with S&P 500 stocks when you can get a 5% yield from bonds? Simple. Stocks yield more than just dividends.

Investors Business Daily

PG&E's plan to bury power lines and prevent wildfires faces opposition because of high rates

Pacific Gas & Electric wants to bury many of its power lines in areas threatened by wildfires

The Independent UK

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Investors Business Daily

11 Stocks Offer 'Rare Opportunity' On Top Of 5%-Plus Yields

S&P 500 utility stocks aren't just paying sky-high dividends. Their yields are now reaching irresistible heights, analysts say.

The Independent UK

Environmentalists suffer another setback in fight to shutter California's last nuclear power plant

Federal regulators have rejected a request from environmental groups to immediately shut down one of two reactors at California’s last nuclear power plant

The Independent UK

Environmental groups urge regulators to shut down California reactor over safety, testing concerns

Environmental groups are calling on federal regulators to immediately shut down one of two reactors at California’s last nuclear power plant

The Independent UK

Critical fire weather in arrives Northern California's interior; PG&E cuts power to 8,400 customers

Gusty winds and low humidity have brought a high risk of wildfires to the interior of Northern California

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Al Jazeera

Hawaiian Electric pushes back on claims of negligence after Maui wildfires

Utility company rejects Maui County lawsuit accusing it of contributing to deadly blazes that tore through communities.

The Independent UK

Bare electrical wire and poles in need of replacement on Maui were little match for strong winds

In the first moments of the Maui fires, when high winds brought down power poles, slapping electrified wires to the dry grass below, there was a reason the flames erupted all at once in long, neat rows -- those wires were bare, uninsulated metal that could spark on contact

The Independent UK

Environmental group suffers setback in legal fight to close California's last nuclear power plant

A California judge is rejecting an environmental group’s lawsuit that sought to block the state's largest utility from seeking to extend the operating life of the Diablo Canyon Nuclear Power Plant

Louder

"We got mobbed for autographs – thousands of screaming schoolgirls and we had to escape in a limo": the wild ride of Pacific Gas & Electric

Fêted by critics, mobbed by crowds, admired by Jimi Hendrix and Eric Clapton… then God intervened to dim the lights of Pacific Gas & Electric

Investors Business Daily

Only 11 Stocks' Dividends Can Now Beat Treasuries' 4.68% Yield

It's possible to score 5% yields on CDs. So to even consider dividend paying S&P 500 stocks the yield had better be impressive.

The Independent UK

Verdict in Oregon wildfires case highlights risks utilities face amid climate change

A jury verdict that found power company PacifiCorp liable for devastating wildfires in Oregon in 2020 is highlighting the legal and financial risks utilities face if they fail to take proper precautions for climate change

The Guardian - US

The reckoning that wasn’t: how the largest US power firm avoided a trial for a deadly wildfire

Families of victims who died in the 2020 Zogg fire hoped to hold PG&E accountable, but as it has done before, the company agreed to a settlement

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