3 killed when helicopter hits power line in California

Three people were killed when a helicopter contracted by Pacific Gas & Electric struck one of the utility’s power lines and crashed into a Northern California hillside By Associated Press June 3, 2020, 2:04 AM 2 min read 2 min read Share to FacebookShare to TwitterEmail this article FAIRFIELD, Calif. — Three people were killed […]

Read More

Tesla close to rolling out car with ‘million mile’ battery: report

Tesla is getting closer to unveiling its first-ever “million mile” car battery. The electric automaker by early next year plans to roll out Model 3 sedans containing a new lower-cost, longer-life battery in China, according to Reuters. The upgraded batteries, which CEO Elon Musk has long teased investors and rivals with, are designed to last […]

Read More

Coronavirus Wrecked Tesla’s Momentum and Elon Musk Is Furious

A few months ago, everything seemed to be going Elon Musk’s way, as he presided over an upstart electric car company that was worth more than General Motors, Ford Motor and Fiat Chrysler combined. That company, Tesla, had reported profits two quarters in a row, proving that it could earn money even as it grew. […]

Read More

China regulator issues rules on online bank lending to curb risk

© Reuters. A man rides an electric bike past the CBIRC building in Beijing BEIJING (Reuters) – China’s banking and insurance regulator on Saturday issued draft rules on commercial banks’ online lending business, in a move to rein in financial risks. Bank loans issued online cannot be used to purchase property, stocks, bonds, futures and […]

Read More

Tesla Tells Workers It Will Reopen California Factory Despite County Order

Tesla told employees it would restart its factory in Fremont, Calif., on Friday. But the electric car company’s plans do not comply with a local government order that has not cleared large manufacturers to resume operations. The company informed employees of the plan in companywide emails sent late Thursday and early Friday. The emails were […]

Read More

Brody Jenner Shows Off Impressive Abs While Riding An Electric Surfboard In Malibu — See Pics

‘The Hills’ star Brody Jenner was spotted riding the waves on an electric surfboard in Malibu, amid the county’s stay-at-home order. Brody Jenner showed off his chiseled physique when he hit the waves in Malibu amid the coronavirus pandemic. The reality TV personality was spotted in the water on May 6, putting his surfing skills […]

Read More

Regulators waive $200M fine on PG&E for causing deadly fires

California regulators suspended a $200 million fine that Pacific Gas & Electric was supposed to pay as punishment for the utility’s neglect of electrical equipment that ignited a series of deadly wildfires in Northern California By MICHAEL LIEDTKE AP Business Writer May 7, 2020, 8:58 PM 4 min read 4 min read BERKELEY, Calif. — […]

Read More

General Electric planning to cut 13,000 jobs in aviation unit

General Electric said on Monday it was planning to cut the global workforce of its aviation unit this year by as much as 25 percent, or up to 13,000 jobs, including both voluntary and involuntary layoffs, citing prolonged aircraft reduction schedules caused by the coronavirus pandemic. The job cuts are the latest mounting woes for […]

Read More

PG&E’s Settlement With Wildfire Victims Faces Crucial Vote

Pacific Gas & Electric and thousands of California families who lost homes or loved ones in fires caused by the utility’s equipment reached a $13.5 billion settlement in December, seemingly putting off a lengthy and fraught legal battle. The deal would allow the company to resolve its bankruptcy and provide homeowners money to rebuild. But […]

Read More

PG&E Chief Executive to Retire in June

Pacific Gas & Electric said on Wednesday that its chief executive, Bill Johnson, would retire at the end of June after seeing the troubled company through its bankruptcy. Mr. Johnson, a utility industry veteran, joined PG&E last May after it was forced to seek bankruptcy protection because of billions of dollars in claims from wildfires […]

Read More

‘Charger Desert’ in Big Cities Keeps Electric Cars From Mainstream

There are people across America who would buy an electric car tomorrow — if only they had someplace to plug it in. Forget oft-cited “range anxiety,” many experts say: The real deal-killer, especially for city and apartment dwellers, is a dearth of chargers where they park their cars. Call it the Great Disconnect. In townhomes, […]

Read More

Tesla shares jump on Goldman Sachs ‘buy’ rating

Shares of Elon Musk’s electric car company popped Wednesday after Goldman Sachs resumed coverage of the company and slapped it with a “buy” rating. Tesla’s shares jumped more than 5 percent Wednesday morning before losing some ground in the afternoon, up 3.3 percent to $733.49, after analyst Mark Delaney gave the automaker’s stock a $864 […]

Read More

Clean energy shed 106,000 U.S. jobs in March, erasing a year of gains

© Reuters. FILE PHOTO: Solar installers from Baker Electric place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California (Reuters) – From solar panel installers to electric vehicle factory workers, the clean energy sector lost more than 100,000 U.S. jobs in March as stringent measures to control the new […]

Read More

Wildfire Victims Push to Reopen $13.5 Billion Deal With PG&E

Four months ago, Pacific Gas & Electric seemed poised to emerge from bankruptcy after reaching a $13.5 billion settlement with tens of thousands of people who lost homes in wildfires started by the utility’s equipment. Investors cheered that agreement, bidding up the company’s share price by nearly 40 percent. But the deal now appears to […]

Read More

Sierra Canyon mixtape 2019 | Prep Highlights

Check the electric highlights from Sierra Canyon’s star-studded cast of 2019-2020, featuring Bronny James, eldest son of LeBron James, Zaire Wade, eldest son of Dwyane Wade, Kentucky Wildcats commit B.J. Boston and five-star recruit Ziaire Williams. #ESPN #Sports #Highlights ✔️Subscribe to ESPN+ https://plus.espn.com/ ✔️ Get the ESPN App: http://www.espn.com/espn/apps/espn ✔️Subscribe to ESPN on YouTube: http://es.pn/SUBSCRIBEtoYOUTUBE […]

Read More

General Electric Workers Want to Build Medical Equipment to Fight Coronavirus. Management Is Standing in the Way

The workers at General Electric Aviation’s facility in Lynn, Massachusetts make jet engines and helicopter parts, most notably the massive T408 engine that powers the U.S. Marine Corps “King Stallion” heavy-lift helicopter. They are good at what they do, but in the past few decades the company has steadily moved jobs overseas until the plant’s […]

Read More

Trump uses Defense Production Act to order GE, Philips to make ventilators

WASHINGTON — President Trump on Thursday ordered General Electric and five other companies to begin manufacturing ventilators amid the worsening coronavirus outbreak, invoking the Defense Production Act for the second time. In a White House memo, Trump announced he had authorized General Electric, Hill-Rom Holdings, Medtronic, RedMed, Philips and Vyaire to begin manufacturing the desperately […]

Read More

PG&E pleading guilty to involuntary manslaughter in wildfire

Pacific Gas & Electric has agreed to plead guilty to 84 counts of involuntary manslaughter in connection with the 2018 Northern California wildfire killed 84 people and decimated three towns By The Associated Press March 23, 2020, 2:10 PM 1 min read SAN FRANCISCO — Pacific Gas & Electric said Monday it will plead guilty […]

Read More

PG&E Reaches Agreement With Governor, Clearing Big Hurdle

Pacific Gas & Electric reached an agreement Friday with Gov. Gavin Newsom of California in which it pledged billions of dollars to help wildfire victims, improve safety and make other changes, resolving the biggest obstacles to the company’s plan to come out of bankruptcy. As part of the deal, PG&E, which filed bankruptcy last year […]

Read More

Zoning Committee approves electric vehicle readiness mandate

Electric vehicle charging stations, like this one at a Skokie CTA station would become more common in Chicago under a proposal advanced by the Chicago City Council’s Zoning Committee on Monday. | Sun-Times file The ordinance requires all new commercial buildings with 30 or more parking spaces and new residential buildings with five or more […]

Read More

PG&E settles key battle over $13.5B wildfire victims’ fund

Pacific Gas & Electric has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires caused by the nation’s largest utility By MICHAEL LIEDTKE AP Business Writer March 10, 2020, 9:07 PM 5 min read SAN FRANCISCO — Pacific Gas & Electric […]

Read More

PG&E says it has settled one battle involving wildfire fund

Pacific Gas & Electric says it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires caused by the nation’s largest utility By MICHAEL LIEDTKE AP Business Writer March 10, 2020, 6:32 PM 2 min read SAN FRANCISCO — Pacific Gas […]

Read More

Zion Williamson scores 25 points in Pelicans vs. Timberwolves | 2019-20 NBA Highlights

Zion Williamson records 25 points, eight rebounds, with a few electric dunks as the New Orleans Pelicans fall to the Minnesota Timberwolves 139-134. ✔️Subscribe to ESPN+ https://plus.espn.com/ ✔️ Get the ESPN App: http://www.espn.com/espn/apps/espn ✔️Subscribe to ESPN on YouTube: http://es.pn/SUBSCRIBEtoYOUTUBE ✔️ Subscribe to NBA on ESPN on YouTube: http://bit.ly/SUBSCRIBEtoNBAonESPN ✔️ Watch ESPN on YouTube TV: http://es.pn/YouTubeTV […]

Read More

Jack Welch, the GE chief who became a superstar, has died

BOSTON — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84. His death was confirmed Monday by GE. The cause of death was renal failure, his wife Suzy told The New […]

Read More

Regulators boost PG&E’s wildfire fine to $2.1 billion

California power regulators slapped Pacific Gas and Electric with a $2.1 billion fine for igniting a series of deadly wildfires that landed the beleaguered utility in bankruptcy By MICHAEL LIEDTKE AP Business Writer February 27, 2020, 11:44 PM 2 min read SAN FRANCISCO — California power regulators slapped Pacific Gas and Electric with a $2.1 […]

Read More