Bloomberg State and federal agencies have filed dozens of wildfire-related claims against PG&E Corp., making California and Washington two of the biggest creditors in the utility’s bankruptcy case. The three biggest demands total more than $6 billion to compensate the Federal Emergency Management Agency and the California Governor’s Office of Emergency Services. The claims, related to the North Bay and ...

Bloomberg Uber Technologies Inc disappointed investors with quarterly results showing lackluster gains in bookings and monthly active users, two of the metrics most closely watched by Wall Street. The ride-hailing company beat estimates for quarterly revenue and loss, improved its annual loss forecast and pledged to turn a profit by 2021. Those weren’t enough to lift the stock, though. Shares ...

Bloomberg Time is running out for 83-year-old Mahmoud Abbas. Foreign aid to the Palestinians has dropped nearly 80% over the past 10 years, the political outlook is bleak after a half-century of Israeli occupation and his people’s campaign for statehood risks sinking into irrelevance. To salvage his legacy, the Palestinian Authority (PA) president has called — again — for the ...