Nov 16th, 2018
California Regulators Said to Signal No Bankruptcy Interest in PG&E
California utility company PG&E soared in late trading after Bank of America said fees about the company's link to wildfires are overdone and default worries are overstated. Moody's though, has cut PG&E to BAA3 and says the stock may be downgraded to junk. Bloomberg's Mark Chediak reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
