Business

PG&E stock soars after hours as PUC chief says bankruptcy unlikely
Business

PG&E stock soars after hours as PUC chief says bankruptcy unlikely

Shares of PG&E Corp. surged more than 40% in after-hours trading Thursday after a state regulator said he had no interest in seeing the California utility declare bankruptcy. “It’s not good policy to have utilities unable to finance the services and infrastructure the state of California needs,” state Public Utilities Commission President Michael Picker told…

Personal Finance Daily: A bedtime snack that’s actually good for your health and the best city for job seekers
Business

Personal Finance Daily: A bedtime snack that’s actually good for your health and the best city for job seekers

Happy Monday, MarketWatchers! Get the week off to a great start by reading today’s top personal finance stories. How #fakenews catches fire during times of fear and uncertainty False stories like the one shared by wife of Supreme Court Justice Clarence Thomas may be more appealing during uncertain times. Finally, a bedtime snack that’s actually…

Shares of beleaguered utility PG&E pop 37% after hours
Business

Shares of beleaguered utility PG&E pop 37% after hours

Josh Elelson | AFP | Getty Images The burned remains of a vehicle and home are seen during the Camp fire in Paradise, California on November 8, 2018.  Shares of utility PG&E popped 37 percent in after hours trading Thursday, a sharp move upward for the stock, which has fallen more than 50 percent this…

Bernie Sanders unveils Stop Walmart Act
Business

Bernie Sanders unveils Stop Walmart Act

New York (CNN Business)Fresh off a campaign to get Amazon to raise its minimum wage, Senator Bernie Sanders is now shining his progressive spotlight on Walmart.Sanders on Thursday introduced a bill, titled the Stop Walmart Act, that would prevent large companies from buying back stock unless they pay all employees at least $15 an hour,…

Hedge-fund boss who predicted ’87 crash says get ready for some ‘really scary moments’
Business

Hedge-fund boss who predicted ’87 crash says get ready for some ‘really scary moments’

Paul Tudor Jones, a hedge-fund luminary, said he’s stress-testing his portfolio of corporate debt because he expects a tumultuous road ahead on the back of the Federal Reserve’s apparent commitment to normalizing interest rates and buttressed by corporate tax cuts from the Trump administration. Speaking at an economic forum in Greenwich, Conn., a hotbed for…

Why bitcoin prices are staging a fresh collapse
Business

Why bitcoin prices are staging a fresh collapse

On Wednesday, bitcoin, the world’s most famous digital currency, plummeted more than 10%, crashing through $6,000 and trading to its lowest level since October 2017. By the end of the session bitcoin BTCUSD, -1.61%  closed down 11.6%, the third-largest decline of 2018, only topped by the 16.5% fall on Jan. 16 and a 15.5% slide…

Walmart poised to overtake Apple in online sales
Business

Walmart poised to overtake Apple in online sales

Heading into the busiest shopping season of the year, Walmart is set to overtake Apple in online sales, according to eMarketer.The world’s largest retailer, which received 3.3 percent of online spending in the U.S. last year, is projected to see that share hit 4 percent by year-end, the research firm said in a report. That…

The Best Do-It-Yourself DVR Adds Live Cable
Business

The Best Do-It-Yourself DVR Adds Live Cable

Screenshot: HDHomeRun, Graphic: GizmodoThere’s a new way to cut the cord, and for do-it-yourself nerds like me, it might be the best way, too. SiliconDust is best known for its series of HDHomeRun DVR devices that you hook up to a hard drive or NAS you already own to record TV content and stream it…


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