Energy megaproject firm's bankruptcy includes expected $2.7B sale of its Lummus Technology unit to PE investors and another $2.8B from lenders to operate.
A federal bankruptcy judge has ruled that a jury should determine whether Pacific Gas & Electric Corp. is responsible for the Tubbs fire of 2017, one of California’s worst wildfires, which could account for as much as two-thirds of the wildfire claims for 2017 and 2018.
General contractor Jordan Foster Construction will break ground on a $60 million reconstruction project next month on SH 130 to fix pavement problems and improve ride quality along the 41-mile roadway.