Thames Water directors hold key talks on future of utility

Thames Water’s board was locked in key talks on Wednesday as shareholders prepared to dilute their pledge to inject capital into the company to ensure its survival. Directors of Britain’s largest water company met to discuss its financial outlook after months of talks with debt and equity investors, lenders, regulators and government officials, Sky News … Read more

Jury Rules Utility Company Must Pay $85 Million to People Affected by Oregon Wildfires

A jury in Portland, Ore., awarded $85 million on Tuesday to nine people who had losses from wildfires that devastated communities and burned millions of acres in September 2020. The verdict is the latest development against the electric utility company PacifiCorp over its responsibility for the fires. Last June, a jury found PacifiCorp liable for … Read more