Bloomberg PG&E Corp has reached a $13.5 billion settlement with victims of wildfires ignited by its power lines, a major step towards resolving the biggest utility bankruptcy in US history. The settlement will cover claims stemming from some of the worst fires to hit Northern California, including the 2017 wine country fires and the 2018 Camp Fire, the company said ...

If you want to know how Alphabet Inc’s new Chief Executive Officer Sundar Pichai will run the company you don’t need to look very far — he’s essentially been doing it for several years already. Pichai, a 47-year-old engineer, grew up in India and immigrated to the US to attend graduate school. His resume reads like the typical Silicon Valley ...

Bloomberg Hyundai Motor Co will spend 20 trillion won ($17 billion) over the next six years on new technology to help make the switch to electric and autonomous vehicles. Announcing its strategic plan to 2025, the South Korean company pledged to spend almost half the new money on electrification. Autonomous driving will soak up 1.6 trillion won of the total, ...