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PCG PR H - Pacific Gas And Electric Co News Story

$22.31 0.0  0.0%

Sector
Utilities
Size
Large Cap
Market Cap £4.20bn
Enterprise Value £30.02bn
Revenue £13.44bn
Position in Universe th / 6856

PRESS DIGEST- New York Times business news - May 19

Tue 19th May, 2020 6:11am
May 19 (Reuters) - The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
    
    - Walt Disney Co's  DIS.N  top streaming executive, Kevin
Mayer, resigned on Monday to become the chief executive officer
of TikTok, the app for making and sharing short videos that has
exploded in popularity during the COVID-19 pandemic. Mayer will
also serve as chief operating officer of ByteDance Ltd, that
owns TikTok. https://nyti.ms/2Xac7y3  

    - Pacific Gas & Electric  PCG.N  said on Monday thousands of
homeowners and businesses had overwhelmingly approved a $13.5
billion settlement for wildfires caused by the utility's
equipment, an important victory in its effort to resolve its
bankruptcy. https://nyti.ms/3eazxuj

    - The first coronavirus vaccine to be tested in people
appears to be safe and able to stimulate an immune response
against the infection, the manufacturer, Moderna  MRNA.O ,
announced on Monday, offering a glint of hope to a world
desperate for ways to stop the pandemic. https://nyti.ms/2XbWF4m

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))
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