PG&E shares hammered as potential liabilities mount

NEW YORK (AP) — California's largest power company is getting battered in midday trading on reports that it's considering bankruptcy protection in the face of potentially crippling liability damages from a spate of wildfires. No cause has been determined for the source of California's Camp Fire, but PG&E reported an outage around the time and place the fire was ignited. Another transmission line malfunctioned a short time later, possibly sparking a second fire. Path to Full Story on 29 Eyewitness News

Posted: Monday Jan-7-2019 11:00 AM

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