Sections SEARCH Skip to content Skip to site index Energy & Environment Subscribe Log In Log In Today’s Paper Energy & Environment | Utility Company PG&E Plans Bankruptcy Filing Over California Wildfires Supported by ByAmie Tsang Jan. 14, 2019 LONDON — Pacific Gas and Electric Company, which has been struggling with a financial crisis stemming from California’s historic wildfires, intends to file for Chapter 11 bankruptcy protection by the end of the month, according to a regulatory filing. The company, which is the largest investor-owned utility in California, said it faced an estimated $30 billion liability for damages from the 2017 and 2018 wildfires that killed scores in Northern California, a sum that would exceed its insurance and assets. The company said on Sunday that it was looking for a new chief executive to replace Geisha Williams, who has been in the job since 2017. … [Read more...] about Utility Company PG&E Plans Bankruptcy Filing Over California Wildfires
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Sections SEARCH Skip to content Skip to site index Your Money Subscribe Log In Log In Today’s Paper Your Money | More Pet Insurance Policies Are Being Sold. But Are They Worth the Cost? Supported by Your Money Adviser ByAnn Carrns Jan. 4, 2019 Americans are increasingly treating their pets as members of the family, feeding them gourmet food, paying for day care and throwing them birthday parties. Family sleepwear sets sold on PajamaGram.com even include matching jammies for the dog. So it’s not surprising that an increasing number of “pet parents,” as they are known in the pet care industry, are seeking sophisticated medical treatments for their animals. Enter pet health insurance, marketed as a way to help defray rising veterinary expenses and avoid “economic euthanasia” — the necessity of putting a pet down because the owner can’t afford treatment. More than two … [Read more...] about More Pet Insurance Policies Are Being Sold. But Are They Worth the Cost?
Sections SEARCH Skip to content Skip to site index Your Money Subscribe Log In Log In Today’s Paper Your Money | How to Plan Finances to Raise a Special-Needs Child Supported by Wealth Matters ByPaul Sullivan Dec. 21, 2018 Michael and Carole Maguire’s second daughter, Ally, was born with a rare chromosomal disorder, trisomy 12. “Doctors didn’t know much about it because it was so rare, but they said she would be profoundly mentally challenged,” Mr. Maguire said. “We didn’t think she would walk or talk.” Mrs. Maguire set up an online support group shortly after Ally was born in 1999, but there were few other families to lean on at first. Facing many unknowns, Mr. Maguire said he did the only thing he could thing to do: prepare financially for her future. “I knew quickly, with her diagnosis, that the most tangible thing I could do was financial planning for … [Read more...] about How to Plan Finances to Raise a Special-Needs Child
Sections SEARCH Skip to content Skip to site index New York Subscribe Log In Subscribe Log In Today’s Paper New York | What Amazon Could Learn From Google in New York City Supported by ByWinnie Hu and J. David Goodman Dec. 14, 2018 Not long after Google moved into the Chelsea neighborhood in Manhattan, its billionaire co-founder, Sergey Brin, went on a private tour of the old elevated freight line that would become the celebrated High Line. Mr. Brin looked over the barren landscape that would be filled with lush greenery and made a suggestion: How about a Frisbee golf course? That would not be a good idea, he was politely told during that walk in 2008. Frisbees would probably go flying off and strike people on the street below. It was the kind of small but telling lesson Google had time to learn. The company’s slow expansion over two decades in New York City — from a single employee in 2000 to … [Read more...] about What Amazon Could Learn From Google in New York City
Sections SEARCH Skip to content Skip to site index Retirement Subscribe Log In Log In Today’s Paper Retirement | The New 50s: Far From Retirement Supported by ByMarci Alboher Dec. 4, 2018 After Chip Conley sold Joie de Vivre, the boutique hotel company he created and ran for about 24 years, his life took an unexpected turn. At 52, he was sought out by Brian Chesky, the then-31-year-old chief executive of Airbnb, for advice on how to turn the fledgling home-sharing start-up into a major player in the hospitality field. For the next four years, Mr. Conley worked at Airbnb, toggling between being a mentor and an intern in a sometimes baffling new role — a “modern elder,” as he put it. As a veteran hospitality executive, he was used to being the “sage on the stage.” But as a newbie in the tech sector, he was often the oldest person in the room, learning from colleagues who were young … [Read more...] about The New 50s: Far From Retirement