Since 2017, Pacific Gas & Electric (PG&E), California’s largest utility, has racked up more than $30 billion in liabilities for wildfire-related damages caused by its equipment. In January 2019, PG&E filed for Chapter 11 bankruptcy protection with the goal of …
See Original Article
Poland abruptly canceled a a visit by Israeli officials amid concern that talks would focus on the unsettled issue of Jewish property restitution.
See Original Article
This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Nick Clegg, Facebook’s vice president for global affairs and communications, had zero experience as a corporate …
See Original Article
Rich is relative. Merely having a net worth of $1 million, it seems, doesn't mean you're wealthy. In Charles Schwab's annual Modern Wealth Survey,
See Original Article
Bed Bath & Beyond Opens a New Window. , facing escalating pressure from activist investors Opens a New Window. to revamp operations, overhauled its executive team on Monday, replacing its CEO with an interim chief as the struggling retailer seeks a …
See Original Article