Bloomberg PG&E Corp will cut the lights to as many as 1.8 million Californians in a deliberate mass shutoff, the latest in an unprecedented string of blackouts that the bankrupt California utility giant has orchestrated to prevent wildfires. PG&E will start cutting the lights to as many as 605,000 homes and businesses in parts of the San Francisco Bay Area, ...

Bloomberg The payday-loan business was in decline. Regulators were circling, storefronts were vanishing and investors were abandoning the industry’s biggest companies en masse. And yet today, just a few years later, many of the same subprime lenders that specialised in the debt are promoting an almost equally onerous type of credit. It’s called the online installment loan, a form of ...

Bloomberg Atlas Tower Pty Ltd is selling its South African tower portfolio to shareholder SBA Communications Corp for 2 billion rand ($140 million). The US company will dispose of more than 900 towers in Africa’s most industrialised economy to SBA, Atlas Chief Executive Officer Nathan Foster said in Johanesburg. The agreed price takes account of previous investments made by the ...