Business

FILE - In this Sept. 13, 2010, file photo, then-Pacific Gas and Electric President Chris Johns, left, and then-vice president of energy delivery Geisha Williams, right, address questions during a news conference in response to a gas pipeline explosion in San Bruno, Calif. PG&E said Sunday, Jan. 13, 2019, that CEO Williams was stepping down and that John Simon, the company's general counsel, would serve as interim CEO until a replacement is found. (AP Photo/Marcio Jose Sanchez, File)
January 14, 2019 - 8:14 am
Pacific Gas and Electric said it plans to file for bankruptcy protection amid potentially massive liabilities resulting from the deadly California wildfires. The announcement Monday follows the resignation of the power company's chief executive Geisha Williams a day earlier. John Simon, the company...
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Dreamstime
KCBS Radio Morning News
January 14, 2019 - 6:59 am
SAN FRANCISCO (KCBS Radio) -- Bay Area drivers are paying the nation's highest prices when they fuel up. AAA's report found the average price of a gallon of unleaded gas in San Francisco at $3.56. In Oakland, that gallon averages $3.37, while in San Jose, you'd pay $3.35 on average. All of those...
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Matt Bigler
KCBS Radio Morning News
January 14, 2019 - 6:26 am
Investors are being jolted again by developments at PG&E. The utility giant delivered two jarring bits of news within hours: CEO Geisha Williams is stepping down, and the company served notice that it could file for Chapter 11 bankruptcy protection as early as January 29.
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Apple has announced a recall for some defective iPhone 8 devices.
Xinhua/Sipa USA
Jason Brooks
January 09, 2019 - 2:18 pm
There could be more bad news on the way for Apple suppliers. The Nikkei Asian Review is reporting that Apple is cutting production for its three new iPhones by 10 percent in the first quarter. Apple last week was hammered by investors after delivering its first revenue guidance cut in over a decade...
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Carrie Hodousek/ KCBS Radio
Carrie Hodousek
January 09, 2019 - 10:14 am
Activists demanded JPMorgan Chase cut financial connections with industries that cause and accelerate global warming.
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SAN FRANCISCO, CA - JULY 30: Pedestrians walk by a Pacific Gas and Electric (PG&E) truck at a job site on July 30, 2014 in San Francisco, California. A federal grand jury has added 27 new charges, including obstruction of justice, the criminal case agains
PG&E Truck (Photo credit: Justin Sullivan/Getty Images)
Jason Brooks
January 07, 2019 - 1:38 pm
Bankruptcy fears sent PG&E's stock price plunging on Monday.
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Photo by Xinhua/Sipa USA
KCBS Radio Morning News
January 03, 2019 - 6:42 am
Apple executives called an "all-hands" meeting for employees on Thursday, a day after issuing a letter to investors warning of lower-than-expected revenue for the company's most recent quarter.
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Charles Rubinoff
Jenna Lane
January 02, 2019 - 12:15 am
San Francisco will get its first look at its expanded convention center on January 3 as officials show off the Moscone Center, which nearly doubled in size.
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PG&E crews carry out repair work in Paradise, CA
Holly Quan/KCBS Radio
December 30, 2018 - 1:21 pm
SACRAMENTO, Calif. (AP) — California's attorney general has told a federal judge it's possible the giant utility Pacific Gas & Electric Co. could face charges up to murder if investigators find reckless operation of power equipment caused any deadly wildfires in the past two years. The brief...
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