- Power company PG&E Corp beat second-quarter profit estimates on Thursday, helped by higher service rates.
The company, however, slashed its 2024 GAAP earnings forecast, citing costs related to unrecoverable interest expenses and wildfire liabilities. PG&E Corp is the parent organization of Pacific Gas and Electric Company, an energy utility that serves about 16 million people across a 70,000-square-mile area in Northern and Central California.Olympics 2024 LIVE: Andy Murray confirms he won’t play singles in Paris as first world record of Games set
OLDWICK, N.J., July 25, 2024--With the U.S. homeowner’s insurance segment experiencing its worst underwriting results since at least 2000, a new AM Best report notes that a factor in the insured loss increase is population migration into areas where weather-related events are occurring more frequently.Cindy Crawford Opens Up About Austin Butler’s ‘Never-Ending “Elvis ”Accent’: ‘It Just Stuck’