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0.000270782561603171 0.00054156512320615 0.000812347684809129 0.000812347684809129 0.000812347684809129 0.000812347684809129 0.000812347684809129 0.000812347684809129
Stock impact report

San Francisco lawmakers announce plan to ‘break up' with PG&E [Los Angeles Times (CA)]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
the area instead. — Bay Area lawmakers on Monday announced new legislation that would allow San Francisco to exit its 120-year relationship with Pacific Gas & Electric, the investor-owned utility that serves about 16 million people across Northern and Central California. Senate Bill 875 would enable the city and county of San Francisco to finalize purchase of PG&E assets so that it can form a municipal utility in the area instead, said Sen. Scott Wiener (D-San Francisco), who announced the plan on the steps of City Hall. Members of the San Francisco Board of Supervisors said they will be drafting a resolution to support the bill. PG&E is the largest investor-owned utility in California and one of the largest in the nation. The company has long faced criticism over its aging infrastructure and wildfire risk, including deadly blazes in 2017 and 2018 that were linked to faulty electrical equipment Wiener said poor maintenance of PG&E's grid led to recent blackouts in the area that Show less Read more
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