PG&E Corp , the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.
Nov 14 PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.
NEW YORK General Electric Co shareholders were dealt yet another blow on Tuesday.
"Not thrilled" may become a regular state of mind for U.S. President Donald Trump in the months ahead, as the Federal Reserve is likely to press on with interest rate rises to recalibrate policy for an economy boosted by the president’s own tax cuts.
NEW YORK Two-and-a-half years into its tightening cycle, the U.S. Federal Reserve is set to fine-tune a policy framework that was built in the shadow of the financial crisis but that may not hold as markets and banks continue to adjust in the years ahead.
The Federal Reserve's latest "Beige Book", a summary of the state of U.S. business across the central bank's 12 regional districts published on Wednesday, featured an explosion in references to import tariffs as American firms estimated the impact of the Trump administration's newest trade policies.
The Federal Reserve's latest "Beige Book", a summary of the state of U.S. business across the central bank's 12 regional districts published on Wednesday, featured an explosion in references to import tariffs as American firms estimated the impact of the Trump administration's newest trade policies.
GANGNEUNG, South Korea Chaos reigned as it so often does on the short track oval at the Pyeongchang Games, with roughly a quarter of the field in the eight events drawing penalties that caused disqualifications.
GANGNEUNG, South Korea The lengthy list of firsts witnessed in men's ice hockey at the Pyeongchang Olympics is both impressive and in many cases outright stunning, contributing to one of the most topsy-turvy tournaments in memory.
GANGNEUNG, South Korea Kirill Kaprizov scored in overtime to lead the Olympic Athletes from Russia (OAR) past a feisty Germany 4-3 on Sunday to win the men's ice hockey gold before joining his team mates to defy a ban by singing the Russian national anthem during the medal ceremony.
U.S. President Donald Trump said he does not want to listen to an audio recording of the murder of Saudi journalist Jamal Khashoggi despite facing mounting pressure to punish Saudi Arabia for the killing.