California Governor to convene meet of PG&E shareholders, execs next week
California Governor Gavin Newsom said he will convene a meeting of PG&E shareholders and executives in Sacramento next week to speed up the resolution of the bankruptcy case that creates a new entity.
Warren’s big healthcare plan relies on big assumptions
Democratic presidential candidate Elizabeth Warren’s plan for universal healthcare rests on an assumption she can radically change an industry the size of Germany’s entire economy without new costs for the average taxpayer.
Georgia ex-policeman sentenced to 12 years in prison in shooting of unarmed black man
A former Georgia police officer was sentenced on Friday to 12 years in prison after his conviction in the fatal shooting of an unarmed black man outside an Atlanta apartment in March 2015.
Judge dismisses Uber lawsuit opposing New York City vehicle license caps
A Manhattan judge has dismissed Uber Technologies Inc’s lawsuit challenging a New York City law limiting the number of licenses for ride-hailing services, the first such cap by a major American city.
Barneys’ Madison Avenue store to remain open for at least a year
Barneys New York Inc’s flagship Madison Avenue outlet in Manhattan will remain open for at least another year in a slimmed-down form while the buyer of the luxury retailer’s brands negotiates with the store’s landlord.
Democrat Warren: Medicare for All would not raise U.S. middle-class taxes ‘one penny’
Democratic U.S. presidential candidate Elizabeth Warren on Friday proposed a $20.5 trillion Medicare for All plan that she said would not require raising middle-class taxes “one penny,” answering critics who had attacked her for failing to explain how …
California blaze threatens fig, avocado orchards; easing winds help firefighters
A fast-moving scrub fire threatened orchards and farms in Southern California on Friday, but fierce Santa Ana winds eased, helping firefighters tame a rash of wildfires that forced thousands from their homes.
Teachers strike taught Chicago’s new mayor tough lessons -analysts
Chicago Mayor Lori Lightfoot made strategic errors in the first major fight of her tenure, an 11-day teachers’ strike, but may have learned lessons that will prove useful as she confronts immense city budget challenges, political observers said.
Trump nominates MD Anderson oncologist as U.S. FDA Commissioner
U.S. President Donald Trump plans to nominate Dr. Stephen Hahn, chief medical executive of the University of Texas MD Anderson Cancer Center, to lead the Food and Drug Administration, the White House said on Friday.
U.S. Supreme Court to review SEC’s power to recover ill-gotten gains
The U.S. Supreme Court on Friday agreed to hear a challenge to the ability of the Securities and Exchange Commission to recover ill-gotten profits obtained through misconduct in a case from California that could weaken the agency’s enforcement power.
