U.S. judge encourages PG&E deal with California wildfire victims; stock jumps

December 18, 2019 admin Business News Comments Off on U.S. judge encourages PG&E deal with California wildfire victims; stock jumps

Utility PG&E Corp’s $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company’s stock rallied as it gained momentum to emerge from bankruptcy in June as planned.

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Source:: Reuters – Business News