PG&E Posts $2.6 Billion Loss Stemming From Bankruptcy, Wildfires

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PG&E Posts $2.6 Billion Loss Stemming From Bankruptcy, Wildfires

PG&E Corp. reported a $2.6 billion loss for the second quarter as liability costs from devastating wildfires in 2017 and 2018 and expenses from the company’s ongoing bankruptcy wiped out earnings. The California utility giant said the loss included a $3.9 …
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Volatility Erupts in Markets

Volatility is here to stay. It looks like it is set to spread in a week that saw trade conflicts roil the yuan and equities swing between gains and losses.
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Amazon and Postmates pilot two autonomous delivery trials in California

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Transportation & Logistics Briefing subscribers. To receive the full story plus other insights each morning, click here. Two new automated delivery trials by Postmates and …
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US producer prices rise slightly; underlying inflation tame

WASHINGTON (Reuters) – U.S. producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Federal Reserve to cut interest rates again next month.
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CannTrust Withdraws KPMG's Accounting Report As Stock Falls Further

CannTrust Holdings Inc. (TSX: TRST)( NYSE: CTST) said that its independent auditor, KPMG LLP, Chartered Professional Accountants told the
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