Bloomberg Boeing Co. is edging closer to winning a government bailout as the once-mighty company races to secure a lifeline amid the aviation industry’s worst crisis in decades. Backstop financing would start to slide into place next week if the US Congress approves a Senate Republican proposal to provide as much as $208 billion in collateralised loans and loan guarantees …

Bloomberg The biggest utility bankruptcy in US history appears to be drawing to a close after PG&E Corp reached a deal with California Governor Gavin Newsom over the company’s restructuring plan. The agreement calls for PG&E to put itself up for sale if the bankruptcy court doesn’t approve its plan by June 30 or if the company fails to emerge …

Bloomberg Coal miners including Consol Energy Inc and Contura Energy Inc must shutter their operations in Pennsylvania after the governor ordered “non-life-sustaining” businesses to close. The order took effect from March 19, according to a statement from Gov. Tom Wolf. Pennsylvania is the latest state to order commercial activities to shut down as governments move to slow the spread of …