Bloomberg Less than a month after emerging from bankruptcy triggered by a string of devastating wildfires in 2017 and 2018, PG&E Corp has now been found responsible for California’s biggest blaze of 2019. The California energy giant’s power lines sparked the Kincade fire which burned 77,758 acres and destroyed 374 structures in Sonoma County wine country, the California Department of …

Bloomberg British Airways, the world’s biggest operator of Boeing Co 747-400s, is retiring its entire fleet of the jumbo jets with immediate effect because of the damage the coronavirus has done to air travel. “It is unlikely our magnificent ‘queen of the skies’ will ever operate commercial services for British Airways again due to the downturn in travel caused by …

Bloomberg Rolls-Royce Holdings Plc has reached agreement with unions on up to 700 UK job cuts this year, with the rest of its planned downsizing made up by employees taking voluntary buyouts. The company announced in June it planned to eliminate 3,000 UK jobs this year. While more than that number applied for voluntary severance, the company will still make …