Troubled utility PG&E's stock is bouncing around right now, which is exactly what you'd expect based on the news.
News & Analysis: PG&E
California leaders are willing to consider revamping wildfire liability rules.
Good news on the regulatory and M&A fronts helped some stocks climb.
From opportunists to activists, billionaire money managers are buying into some interesting companies.
Good news came from several corners of the market.
An analyst upgrade has sent the stock higher.
The California utility continues to struggle through a restructuring. It's likely to survive, but that doesn't mean it's worth owning.
It could cost up to $150 billion just for PG&E to comply with court orders -- and that's only one outrageous figure.
Is there a future for the utility as an investment?
Each of these items comes with a multibillion-dollar downside for the giant company involved -- and, in two cases, losses of life.