iflix
Bloomberg - Bankrupt PGandE Plunges as California Wildfires Roar

Bloomberg - Bankrupt PGandE Plunges as California Wildfires Roar

  • TV-G
  • 2019
  • 2mins
Oct.25 -- PG and E Corp. shares plunged 25% on Friday as possible liabilities from the Kincade Fire in northern California boost the risks that shareholders will be wiped out and could undermine efforts to bring the company out of bankruptcy. Bloomberg's Claire Boston has more on Bloomberg Markets.