Infrastructure - Page 2

6 Scenarios on How PG&E Bankruptcy May Play Out

Now the PG&E Corp. (NYSE: PCG) has filed for bankruptcy protection and several asset management firms have either objected to the filing or say they are prepared to buy convertible ...
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What PG&E Bankruptcy Filing Means

As promised two weeks ago, PG&E Corp. (NYSE: PCG) on Tuesday morning filed for bankruptcy protection in the federal District Court for Northern California. The company listed debts totaling $51.7 ...
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Dubai Keeps Top International Airport Title

Over 89 million travelers passed through Dubai International last year. That makes it the top international airport in the world. It is also the fifth year in which traffic topped ...
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Is Government Shutdown Giving Air Traffic Controllers the Flu?

The Federal Aviation Administration (FAA) has issued a status update on the U.S. air traffic control system indicating that La Guardia and Newark airports are forcing departure delays for flights ...
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PG&E Dodges a Bullet, but Bankruptcy Filing Remains Likely

Until last November's Camp Fire roared through northern California, the most destructive fire in the state's history was the Tubbs Fire of 2017 that killed 22 people in California wine ...
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Why Californians May Pay 5 Times More for Electricity This Year

In a filing with the U.S. District Court in San Francisco, PG&E Corp. (NYSE: PCG) told the judge that the company cannot afford to spend an estimated $75 billion to ...
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RBC Best Idea 2019 Utility Stocks for an Overbought and Overvalued Market

The fourth-quarter selling barrage that brought the S&P 500 to within touching distance of a bear market was reversed by some backpedaling by Jay Powell, the head of the Federal ...
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This Is How Long You’ll Wait at 40 Largest Airports

One thing that is supposed to run smoothly every day in America is the airport traffic sending the millions of weekly travelers here and there around the country and to ...
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PG&E Chaos: CEO Departs, Bankruptcy Looms, Tens of Billions in Liabilities

On November 8, the same day that the worst wildfire in California history broke out in Butte County, about 150 miles northeast of San Francisco, northern California utility PG&E Corp. ...
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PG&E Adds Details on Possible Cause of California’s Camp Fire

The northern California wildfire known as the Camp Fire killed at least 85 people and destroyed more than 18,000 homes and other buildings. The fire, which started on November 8, ...
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Drought Now Covers California, Nevada, Utah, Arizona, Oregon

Part of the reason California has become a tinderbox of trees and brush is that most of the state suffers from some level of drought. The problem is now actually ...
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California Regulator Says PG&E Won’t Go Into Bankruptcy

When a regulated utility's share price falls by more than 60% in just five trading days, it's a tell-tale sign that investors are expecting the firm to file for bankruptcy ...
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What’s to Blame for Boston-Area Natural Gas Explosions?

At least 70 homes in the Boston area have been damaged or destroyed since Thursday afternoon in a series of explosions and fires due to an as-yet-unknown problem with the ...
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Can Russia Turn Out All the Lights in New York City?

Can the Russians do what hot weather and a weak electric grid did to New York City in 1977 and 2003? Virtually all of New York City and much of ...
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FirstEnergy Solutions Bankruptcy Could Take a Long Time

When FirstEnergy Corp. (NYSE: FE) subsidiary FirstEnergy Solutions (FES) filed for bankruptcy on the last day of March, the engine started running on what could be a procedure that takes ...
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