Julie Morgan
speaker
5,321 appearances
108 recordings
1 series
first heard Nov 2025
last heard 3d ago
Julie Morgan’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 108 in all, peaking in Sep 2026 with 18.
Appearances
Thanks so much for being here on this Tuesday, the first of September.
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I'm Julie Morgan.
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Lawmakers in California will vote on a bill today that would increase accountability for utilities that cause wildfires, which would hit companies like PGE and Southern California Edison parent Edison International.
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The Senate Bill 492 includes limits on executive compensation if the utility causes a catastrophic wildfire, a fast-pay program for wildfire victims, and a
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A ban on transferring or selling any wildfire claim to a private equity group.
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PGE, Edison International, and SEMPRA plunged 20%, 23%, and 3% respectively on Monday, after California lawmakers over the weekend introduced wildfire legislation that blocked Governor Gavin Newsom's proposal to prevent insurance companies from suing utilities for wildfire related claims.
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If California's wildfire liability fund runs out
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Money.
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The Senate Bill 492 would require PGE to pay nearly 48% of the fund, and the cost of those contributions cannot be passed on to ratepayers.
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Edison faces the additional burden of the January 2025 Eaton fire, which California investigators attributed to Southern California Edison equipment, and which could generate billions of dollars in claims.
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Mizuho Securities downgraded PGE, Edison and Sempra to neutral from outperform, saying the state legislature largely blocked Newsom's push to shield utilities and that overall the bill is not good for investors.
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PGE shares were downgraded to equal weight from overweight with a twenty-four dollar price target at Wells Fargo, citing the lack of a meaningful wildfire liability backstop.
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PGE was also cut to market perform from outperform with a twenty-one dollar PT at BMO Capital.
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Shares of Xiin tumbled about ten percent in early Hong Kong trading before pairing losses to trade down four percent by lunchtime on Tuesday.
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The Singapore headquartered company sold about 280 million shares in its initial public offering, raising the Hong Kong dollar equivalent of $1.74 billion US.
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Known globally for selling $5 tops and $10 dresses, the IPO valued Qian at around $26.5 billion, far below its 2022 peak of nearly $100 billion.
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Yeah.
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Airbnb is testing a program in the U.S.
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that will lower the fees paid by some hosts to as little as 6%.
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Bloomberg reported that the program is being offered to select hosts who use third-party software to manage their listings.
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Showing 901–920 of 5,321 · page 46 of 267
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