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PG&E Prepares for Personal bankruptcy Amid Wildfire Fallout PG&E designs to file for bankruptcy safety by the end in the month since the utility faces a lot more than $30 billion in probable legal responsibility expenditures related to its function in web link sparking fatal California wildfires.
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The vehicle maker is anticipated to say it'll cut Many jobs as part of a £2.5bn Expense-cutting prepare.
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US wildfires push energy business to bankruptcy Pacific Gasoline and Electric powered programs individual bankruptcy safety go right after wildfires spark mass liabilities.