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PG&E Plunges as It Races to Meet Governor Bankruptcy Demand

PG&E Corp. shares plummeted after California Governor Gavin Newsom rejected its bankruptcy restructuring plan, forcing the company to make sweeping changes to meet his demands. The state’s largest power company has until Tuesday to address conditions that Newsom laid out … Source: Claims Journal

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Montana, Wyoming Governors Seek Federal Disaster Relief for Crops

BILLINGS, Mont. — Montana’s governor requested a disaster designation from the U.S. Department of Agriculture for 11 counties that reported significant weather-related crop losses, officials said. Democratic Gov. Steve Bullock has submitted the request to Agriculture Secretary Sonny Perdue, The … Source: Claims Journal

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Another Massive Takata Recall Looms for Large Batch of Air Bags

Global automakers may face another potentially huge air-bag recall as the U.S. transport regulator evaluates the long-term safety of inflators made by bankrupt supplier Takata. The manufacturing entity left after the supplier’s implosion faces a Dec. 31 deadline toshow the … Source: Claims Journal

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