BREAKING NEWS North Complex: Evacuation orders in effect for Butte and Plumas Counties Full Story
BREAKING NEWS Evacuation orders in effect as the Zogg Fire burns 7,000 acres in Shasta Co. Full Story
BREAKING NEWS Bear Fire: Smoke seen from Butte County is from North Complex burning in Plumas County Full Story
BREAKING NEWS August Complex: Fire has crossed Hwy 36; structure protection in Forest Glen Full Story

California governor wants to grill PG&E about financing plan

Pacific Gas and Electric's plan to emerge from bankruptcy is facing another threat from California' Gov. Gavin Newsom as they two sides head toward a potentially dramatic showdown.

Posted: Feb 12, 2020 8:44 AM

SAN FRANCISCO (AP) - Pacific Gas and Electric's plan to emerge from bankruptcy is facing another threat from California' Gov. Gavin Newsom as they two sides head toward a potentially dramatic showdown.

Newsom's lawyers told U.S. Bankruptcy Judge Dennis Montali on Tuesday that they want to grill PG&E about the company's plans to borrow billions of dollars and sell more stock to help pay the $13.5 billion owed to more than 75,000 victims of catastrophic wildfire's ignited by the utility's equipment.

The judge reaffirmed the terms of the settlement Tuesday.

PG&E also needs to raise money to cover a $12 billion bill owed to insurers and government agencies.

California Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 807451

Reported Deaths: 15583
CountyConfirmedDeaths
Los Angeles2669886504
Riverside581781189
San Bernardino54386925
Orange530691214
San Diego46331775
Kern31865367
Fresno28199382
Sacramento22183406
Alameda21136406
Santa Clara21030311
San Joaquin20194441
Contra Costa16469205
Stanislaus16452351
Tulare15970263
Ventura12664150
Imperial11835317
San Francisco11076101
San Mateo9843150
Monterey980771
Santa Barbara9037113
Merced8872142
Kings763177
Sonoma7369122
Marin6694117
Solano630963
Madera448165
Placer356745
San Luis Obispo354429
Butte281944
Yolo279555
Santa Cruz23309
Sutter170511
Napa166913
San Benito134011
Yuba11537
El Dorado11094
Mendocino90818
Shasta80617
Lassen7400
Glenn5783
Tehama5465
Lake53911
Nevada5337
Colusa5296
Humboldt5017
Calaveras31714
Amador29616
Tuolumne2274
Inyo18715
Mono1652
Siskiyou1650
Del Norte1391
Mariposa752
Plumas500
Modoc270
Trinity160
Sierra60
Alpine20
Unassigned00
Chico
Overcast
73° wxIcon
Hi: 97° Lo: 66°
Feels Like: 73°
Oroville
Clear
89° wxIcon
Hi: 97° Lo: 68°
Feels Like: 89°
Paradise
Overcast
73° wxIcon
Hi: 90° Lo: 67°
Feels Like: 73°
Chester
Clear
56° wxIcon
Hi: 72° Lo: 48°
Feels Like: 56°
Red Bluff
Clear
83° wxIcon
Hi: 97° Lo: 69°
Feels Like: 83°
Willows
Overcast
73° wxIcon
Hi: 95° Lo: 70°
Feels Like: 73°
Fire danger will remain high due to gusty north winds and dry conditions through Monday evening with a RED FLAG WARNING in place.
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