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Power restored for most after San Francisco outage
NBC News· 2025-12-22 08:04
Power Outage Impact - PG&E experienced a massive power outage in San Francisco, affecting approximately 30% of its users, which translates to around 130,000 customers [1] - The power outage forced restaurants and businesses to close during a peak holiday shopping weekend [2] - The outage caused multiple Whimo self-driving cars to stall, leading to a temporary suspension of operations [2] Cause and Restoration Efforts - A fire at a PG&E substation is suspected to be a cause of the outages, but the full cause is still under investigation [2] - PG&E describes the damage from the fire as extensive, making repairs and restoration complex [3] - PG&E anticipates restoring power to all affected customers by midday [3]
Massive power outage creates chaos in San Francisco
NBC News· 2025-12-22 00:47
Tonight, the lights slowly coming back on in San Francisco, where instead of the typical fog blanketing the city, it was miles of darkness. >> It looks dystopian um like a Hollywood movie. >> A massive power outage Saturday left some 130,000 PG&E customers, about 30% of their users across the city without power for hours.This map showing just how widespread the outage spanned. >> We're like, "Oh my god." And when we find out later and later, most of the things that we planned were cancelled. >> The blackout ...
Gas line explosion demolishes California house, injures 6
NBC News· 2025-12-12 04:16
Terrifying moments captured on this doorbell cam. A monstrous explosion rocking a quiet Bay Area neighborhood this morning. >> The neighbor's house exploded.>> The force ripping through multiple structures, sparking a three- alarm fire, damaging nearby homes, injuring six people rushed to area hospitals. Video shows what appears to be a part of a roof falling on top of a person in a construction vehicle. We have one patient with extensive burn.>> Officials tonight saying two people believed to be residents ...
Vine Hill Capital Investment(VHCPU) - Prospectus
2025-11-25 22:30
As filed with the United States Securities and Exchange Commission on November 25, 2025 under the Securities Act of 1933, as amended. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––– Vine Hill Capital Investment Corp. II (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––– Cayman Islands 6770 N/A (Primary Standard Industrial (State or other juris ...
PG&E CEO: Layers of protection are working that make customers safer
CNBC Television· 2025-11-10 20:16
Financial Performance & Strategy - The company has lowered rates three times in the last 15 months and expects to lower them again in 2026 while growing earnings at over 9% per year [3] - Infrastructure investment is offset by operating maintenance cost reductions, leading to significant cost savings [1] - Improving credit metrics results in lower cost financing, allowing the company to lower rates for customers [2] Infrastructure & Technology - The company has buried its 1,000th mile of power lines, at a million dollars a mile less than a couple of years ago [4] - Technology underpins situational awareness and responsiveness, leading to a 35% reduction in ignitions this year despite similar fire conditions [5] - The company is implementing layers of protection, starting with hardening the system to mitigate fire risk [4] Load Growth & Rate Design - The company is experiencing rate-reducing load growth due to increased compute demand, particularly from AI applications [7] - Residential customers do not subsidize large load; large load pays its full freight [7] - The company has rate designs in place so that residential customers only benefit from new and growing load [9] - Compute data centers are located throughout the service area, supporting companies using AI in their daily business [10]
X @Bloomberg
Bloomberg· 2025-10-23 23:02
While PG&E was upgraded by one of the major ratings firms last month, California’s biggest utility doesn’t expect others to follow suit until after wildfire season https://t.co/dsbtX4CeNO ...
Mad Money 10/17/25 | Audio Only
CNBC Television· 2025-10-18 00:05
Hey, I'm Kramer. Welcome to Bad Money. Welcome to Cra America with me your friends. I'm just trying to make a little money. My job is not just to entertain, but to put it in context, do some teaching here. So, call me 1800 743 CBC. Tweet me at Jim Kramer. The fourth year of the bull market begins just as the third ends with skepticism, with disbelief and contempt for the bulls. Of course, that's been the hallmark of the entire run, hasn't it? The conventional wisdom says that the true believers are either f ...
Final Trades: Veeva Systems, PG&E, Conagra Brands, and EQT
Youtube· 2025-10-07 17:21
Group 1 - Viva Systems has recently broken out above the $300 mark, indicating strong market performance and potential for further gains [1] - Pacific Gas and Electric, a California utility, faced significant market pressure due to wildfires earlier this year, but its liabilities are now seen as manageable, suggesting a recovery opportunity [2] - Kagra, a consumer staples company, is trading at 10 times earnings with a yield of 7.5%, indicating it may be oversold and presenting a potential investment opportunity [2] Group 2 - Natural gas prices have been rising, and EQT is identified as a key player to capitalize on this trend, suggesting a bullish outlook for the company [3]
Eaton Names Kaled Awada Executive Vice President and Chief Human Resources Officer
Businesswire· 2025-10-06 10:45
Core Insights - Eaton has appointed Kaled Awada as executive vice president and chief human resources officer, effective October 6, 2025, to lead its global talent strategy [1][2] - Awada has extensive experience in human resources, having previously worked at PG&E, Tenneco, and Aptiv, and has a history with Eaton [2][3] - The company emphasizes its commitment to sustainability and power management solutions across various markets, with revenues projected to be nearly $25 billion in 2024 [4][5] Company Overview - Eaton is an intelligent power management company focused on environmental protection and improving quality of life [4] - The company serves customers in over 160 countries and operates in multiple markets including data centers, utilities, and aerospace [5] - Eaton aims to address global challenges in power management through electrification and digitalization trends [4]
X @Bloomberg
Bloomberg· 2025-09-26 14:40
PG&E, which filed for bankruptcy in 2019 following devastating wildfires, was upgraded to investment grade by Fitch Ratings https://t.co/8j38JElyWo ...