San Francisco bids $2.5 billion for PG&E Corp.’s local assets

San Francisco bids $2.5 billion for PG&E Corp.’s local assets

San Francisco has offered to buy the electrical equipment of bankrupt utility giant PG&E Corp. for $2.5 billion with respect to its restructuring plan submitted a few days before. This may have a huge impact on the bankruptcy case. Mr. London Nicole Breed, Mayor of San Francisco called the offer “fair, competitive, and equitable” in a statement reported by the city Sunday. He also added that the proposal would help the company for its financial stability. On Friday, Mr. Breed in a letter to PG&E made the bid. In an…

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More than 450 flights delayed or canceled on Day 2 of San Francisco Airport runway construction

More than 450 flights delayed or canceled on Day 2 of San Francisco Airport runway construction

If someone wants to travel to San Francisco this month, then you will need to build in more time. The SFO (San Francisco International Airport) shut one of their key runways for maintenances Saturday, affecting hundreds of flight cancellations and delays. Also, the troubles won’t end anytime soon, and the runway not expected to reopen till September 27. However some of the disruptions may have been produced by other factors, such as weather away in the country, 109 flights canceled Saturday and 274 delayed. Permitting to flight-tracking service FlightAware, by…

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