By Paul Rogers | [email protected] | PUBLISHED: January 14, 2019 at 12:39 pm | UPDATED: January 14, 2019 at 12:40 pm Facing billions in lawsuits and other liabilities from California wildfires that its equipment caused or is suspected of causing in 2018 and 2017, Pacific Gas & Electric Company, California’s largest electric utility, on Monday announced it will file for bankruptcy by Jan. 29. Q: What does this mean for me? Will my lights still turn on when I flip the switch? Will my gas heater still heat our house? A: Yes. “PG&E is not going out of business,” the company said in a statement. “We do not expect any impact to natural gas or electric service for our customers as a result of the Chapter 11 process.” During bankruptcy proceedings, the company will continue to run its power plants, maintain its power lines and pay employees. Chapter 11 bankruptcy is a legal device that allows companies that cannot pay their debts to continue … [Read more...] about PG&E bankruptcy Q&A: What does it mean for me?
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Dave Smith, provided by Published 4:41 pm CST, Wednesday, November 7, 2018 Dave Smith/Business Insider Apple on Wednesday released its redesigned iPad Pro and accessories. I bought the new 11-inch iPad Pro with the redesigned Apple Pencil and Smart Keyboard. The whole package, including AppleCare+ to insure my new purchases, cost me over $1,300. Still, this tablet is beautiful, and I have some thoughts about using it. I’ve been using Apple’s new iPad Pro for about two hours now. In fact, I’m typing all these words on Apple’s new Smart Keyboard, which magnetically hooks onto the new iPad Pro for support and power. Overall, I’m happy with my purchase, but I have some initial thoughts of the new iPad Pro, having upgraded from a 4-year-old iPad Air. Here are my first impressions of the new iPad Pro: Apple does an excellent job of getting you excited about your big purchase. The packaging of the iPad Pro, Apple Pencil, and Smart Keyboard is … [Read more...] about My first impressions of the new iPad Pro: I can’t believe how much money I spent on this thing (AAPL)
Savvy company leaders plan for the low points and implement strategies that ensure their businesses will thrive in the long term -- no matter what the economy does. David Disiere Published 12:30 pm CDT, Tuesday, August 28, 2018 Photo: Natee Meepian/EyeEm | Getty Images Photo: Natee Meepian/EyeEm | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Natee Meepian/EyeEm | Getty Images Fiscal Adversity Will Challenge You -- Here's How to Overcome It 1 / 1 Back to Gallery While the threat of another economic recession seems to constantly loom on the horizon, U.S. CEOs aren’t afraid. A report from PricewaterhouseCoopers indicates that 52 percent of business leaders polled … [Read more...] about Fiscal Adversity Will Challenge You — Here’s How to Overcome It
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A lot depends on whether you plan to sell soon or hold onto the firm. Kurt Piwko Published 3:00 pm CDT, Monday, July 30, 2018 Photo: Ridofranz | Getty Images Image 1of/1 CaptionClose Image 1 of 1 Photo: Ridofranz | Getty Images Changing Your Business to C Corp Status Could Save You Money, But Is It Right for You? 1 / 1 Back to Gallery Now that the tax filing season is over, it's a good time for companies wanting to take even greater advantage of tax law changes to examine the structure of their businesses. It just might save them money. Related: How to Choose the Right Business Structure Many owners of pass-through entities are wondering whether becoming a C corporation is the right move because of the lower 21 percent corporate tax rate that was part of recent tax reform legislation. While a 21 percent … [Read more...] about Changing Your Business to C Corp Status Could Save You Money, But Is It Right for You?