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PG&E takes $2.5B writedown due to California wildfires – Fox Business

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PG&E takes $2.5B writedown due to California wildfires – Fox Business

Pacific Gas and Electric Company took a $2.5 billion charge for damage claims related to wildfires in northern California, sending shares lower.
The San Francisco-based utility now predicts $6.2 billion to $6.3 billion of costs this year related to the blaze…

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