PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month’s deadly wildfire in northern California.

Tally of missing in California’s deadliest blaze surpasses 600

A search for victims of a catastrophic blaze that reduced a northern California town to ashes intensified on Thursday, as authorities expanded to 630 the number of those reported missing in the deadliest and most destructive wildfire in state history.

Crews search for California fire victims as list of missing grows

The search for victims of a catastrophic blaze that reduced a northern California town to ashes intensified on Thursday as authorities posted an expanded list of nearly 300 people reported missing in the deadliest and most destructive wildfire in California history.

NiSource lapses led to deadly Massachusetts blast: federal agency

The National Transportation Safety Board said on Thursday that utility company NiSource Inc failed to adequately draft and oversee natural gas pipeline work orders and those lapses led to deadly blasts in three Massachusetts communities in September.

In U.S. Senate race, Florida Democrat sues seeking hand recount of county

Democratic U.S. Senator Bill Nelson’s campaign on Thursday said it had sued Florida election officials seeking a hand recount of ballots in liberal-leaning Palm Beach County in his re-election contest against Republican Rick Scott.

PG&E’s stock deepens slump as wildfire fans liability fears

Shares of PG&E Corp sank 30 percent on Thursday, bringing the loss in its stock market value to nearly $16 billion since the breakout of a deadly wildfire in northern California that investors fear will be blamed on the utility.

Pentagon fails its first ever audit, official says

The Pentagon has failed what is being called its first-ever comprehensive audit, a senior official said on Thursday, finding U.S. Defense Department accounting discrepancies that could take years to resolve.

FDA will ban flavored e-cigarettes at U.S. convenience stores

The U.S. Food and Drug Administration on Thursday announced sweeping new restrictions on flavored tobacco products, including electronic cigarettes popular among teenagers in an effort to prevent a new generation of nicotine addicts.