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British economy shows signs of Brexit pressure

Bloomberg The first week of the new year brought a slew of bleak reports for the UK economy, highlighting the scale of the challenges to come as Britain prepares to leave the European Union. Data showed the housing market had its worst 12 months since 2013 last year, consumers remained reticent about borrowing and a gauge of services, the largest ...

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PG&E weighs bankruptcy

Bloomberg PG&E Corp is considering filing for bankruptcy protection within weeks as a way of organising billions of dollars in potential liabilities tied to deadly wildfires that ravaged parts of California in 2017 and 2018, according to people familiar with the situation. The California utility giant may decide to file by February, said the people, asking not to be identified ...

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Comcast, AT&T to raise TV prices

Bloomberg Another year, another increase to your monthly pay-TV bill. Giants including Comcast Corp, Dish Network Corp and AT&T Inc’s DirecTV plan to raise rates again in the new year, a move that could boost revenue but risks alienating subscribers who have been ditching their traditional TV subscriptions in record numbers. Cable and satellite providers are hoping to squeeze more ...

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