Latest from SFBay
Iconic Fairmont Hotel abruptly closes Friday, files for Chapter 11
The landmark Fairmont Hotel, located in the heart of downtown San Jose’s cultural and entertainment district, is temporarily closing, it was announced Friday. FMT SJ LLC, the operator of...Read More
Judge approves PG&E bankruptcy exit plan with $25 billion payout for wildfire losses
A U.S. bankruptcy judge in San Francisco gave final approval Saturday to PG&E’s $58 billion plan for exiting its Chapter 11 bankruptcy. The confirmation order signed by U.S. Bankruptcy...Read More
Judge calls PG&E ‘a recalcitrant criminal’ during probation hearing
A federal judge in San Francisco called PG&E “a recalcitrant criminal” at a hearing on Thursday, but delayed ruling on whether to impose additional strict probation conditions aimed at...Read More
PG&E begins multi-day bankruptcy confirmation hearing
A multi-day confirmation hearing on PG&E’s financial plan for emerging from its Chapter 11 bankruptcy begins in federal bankruptcy court in San Francisco Wednesday. U.S. Bankruptcy Judge Dennis Montali...Read More
Newsom approves state lease of Daly City’s Seton Medical Center
California Gov. Gavin Newsom on Thursday announced plans to lease out Seton Medical Center in Daly City to help with the expected increase in hospitalizations due to the novel...Read More
Legislators fight hospital closure amid coronavirus spread, rising homeless patient needs
A group of state legislators on Thursday called on Verity Health Systems to reverse its decision to close Seton Medical Center in Daly City, arguing that the closure will...Read More
Parent company to close 96 Sears, Kmart stores nationwide
The company that owns Sears and Kmart announced Thursday that it will shutter 96 stores nationwide in the latest round of closures since its parent company filed for bankruptcy...Read More
PG&E settles second round of wildfire claims for $11 billion
"Today's settlement is another step in doing what's right for the communities, businesses, and individuals affected by the devastating wildfires." Read More
SF weighs acquisition of PG&E assets to meet clean, independent energy goals
The San Francisco Public Utilities Commission released a report Monday identifying ways the city could decrease its dependence on PG&E while still providing clean, reliable energy options to its...Read More
Facing $50 billion in fire liability, PG&E ducks into bankruptcy
PG&E Co. told a federal bankruptcy court Tuesday that its estimated liability in the wake of devastating Northern California wildfires is more than $50 billion.Read More