PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger

Share!

Insurance Journal - Apr 24, 2025

PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining …...

Read Full Article

Recommended Articles

Flash Flooding Kills 5 in West Virginia as Rescue Teams Search for Missing

Posted: Jun 16, 2025

Flash flooding caused by torrential rains killed five people in northern West Virginia and rescue cr...

US Supreme Court to Hear Chevron, Exxon Appeal Over Louisiana Coastal Damage

Posted: Jun 16, 2025

The U.S. Supreme Court agreed on Monday to hear a bid by Chevron, Exxon Mobil and other oil and gas...

Purdue Pharma $7.4B Opioid Settlement Wins Broad Support From States

Posted: Jun 16, 2025

Purdue Pharma has won support from the attorneys general of 55 U.S. states and territories for its $...