PG&E, the troubled California utility whose lines have sparked some of California’s deadly wildfires, is expected to name a new CEO and a new board of directors as it faces potentially billions of dollars in liability claims
PG&E Corp. is likely to name Bill Johnson, retiring head of the Tennessee Valley Authority, as its new chief executive as early as next week and to announce an overhaul of its board backed by some of its largest investors, according to people familiar with the matter.
Mr. Johnson would take the reins of the troubled California utility, operating under federal bankruptcy protection as it faces a fight to survive billions of dollars in potential liability costs from deadly wildfires. While he is the front-runner for the...
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Two New York School Districts Sit Close By, but Far Apart in ResourcesTwo neighboring districts on Long Island illustrate the wide gaps in resources among public schools. Albany will debate this month over how much New York should spend on education and how to allocate aid fairly.
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Larry Culp struggles to get new GE off the groundThe $90 bln company’s CEO is warning investors to brace for a dismal first quarter and cash flow turning negative this year. His plan to sell more assets and overhaul the troubled power unit could eventually help, but it’s slow going. And a number of risks are out of his control.
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Marriott CEO Reveals New Details About Mega BreachIn front of a Senate Committee, Marriott CEO Sorenson dissects the huge breach that hit the firm late last year
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Talk to 'Green New Deal' backers, BP CEO tells oil industryThe oil industry should engage with proponents of the 'Green New Deal,"...
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Rite Aid is laying off 400 corporate workers and looking for a new CEORite Aid said on Tuesday that its CEO will be stepping down and it will be eliminating about 400 corporate jobs.
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New Mexico compound suspects face new charges of planning to attack law enforcement officersAuthorities accused suspects living at the compoud of transporting weapons across state lines to New Mexico, and training children at a firing range on the property to carry out school shootings and other attacks that never occurred.
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New York debuts massive art park, new neighborhoodPart art, part park, Vessel is a vertical structure that winds up 150 feet into the air. It’s made up of 154 staircases and 80 platforms, zigzagging together to form a web that’s nearly a mile long. It’s part of New York City’s newest development -- Hudson Yards.
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New York Times: New York attorney general subpoenas two banks related to Trump Organization projectsNew York attorney general has issued subpoenas to two banks related to Trump Organization projects, the New York Times reports
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New Algerian PM says new government will be 'technocratic''Algeria's new prime minister, Noureddine Bedoui, said on Thursday he would ...
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