PG&E shares crash while PUC scrutinizes utility´s responsibility for wildfires
(WorldNews Business)

SAN FRANCISCO — PG&E’s stock plummeted on Monday following last week’s disclosures that state regulators were taking the first steps to formally launch an investigation into the utility’s possible role in a lethal set of firestorms in the North Bay wine country. At the depths of the early morning trades for PG&E, the embattled utility’s shares had plunged nearly 13 percent, but by midday, shares were down by more than 7 percent. San Francisco-based PG&E’s stock has lost about one-fifth of its value during the trading days...