California Rejects PG&E Bid for Minority Sale Amid KKR Talks
California regulators rejected PG&E Corp.’s proposal to spin off and sell a minority stake of its power generation business to raise funds for its operations.
California regulators rejected PG&E Corp.’s proposal to spin off and sell a minority stake of its power generation business to raise funds for its operations.
Sun Life Financial Inc. says it had a net income of $875 million in its first quarter, a two per cent decline from last year.
Delays to deliveries of sugar sold through a major commodity exchange in New York have sparked a debate among traders about whether the current rules on transactions are sufficient to protect buyers.
Climate activists who successfully pushed President Joe Biden to halt new US liquefied natural gas exports are setting their sights on proposed crude oil shipping facilities, after the administration approved a massive petroleum terminal last month.
Asian stocks were primed for gains Friday after an upbeat day on Wall Street following jobs data that supported the case for Federal Reserve rate cuts this year.
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