PG&E shares tank as power cuts irks Californians and bankruptcy ruling threatens shareholders
October 10, 2019 at 13:59 PM EDT
Shares of California utility PG&E Corp. were slammed on Thursday, as the second day of power cuts left more than 1.5 million people in the northern part of the state in the dark, with a victory for bondholders in a bankruptcy ruling added to the gloom.