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SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a billion plan to pull the utility out of bankruptcy and give the tarnished company a new name.The proposal filed in U.S. Bankruptcy Court would set aside up to billion of that billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment, the Sacramento Bee reported.The plan offered by PG&E's leading bondholders would compete with an alternative that the newspaper says is being drafted by PG&E. Normally the company in bankruptcy has first crack at proposing an exit plan, but the bondholders said in a court filing that they filed their plan because PG&E has "wasted crucial time needlessly."The bondholders also want to rebrand PG&E as Golden State Power Light & Gas Company.Asked about the bondholders' plan, the utility said in a statement that it was considering all options as it navigates the bankruptcy process.The new proposal came four days after Gov. Gavin Newsom, a Democrat, floated the idea of a billion package to deal with the costs of future wildfires, paid for by ratepayers and shareholders of PG&E and the other two big electric utilities in California.Newsom's plan does not offer any cash for PG&E's existing liabilities but would revise state law to give utilities more certainty about recovering costs from ratepayers — enough stability that Newsom believes will allow PG&E to borrow the money it needs to pay existing claims, according to the Bee.The bondholders include some of the biggest investors on Wall Street, including Elliott Management, Pimco and Apollo Global Management. They have been quietly promoting a PG&E restructuring plan for weeks in conversations with legislators, Newsom's aides and others. Tuesday's court filing marks the first time they have taken the proposal public."Substantial new capital must be infused into the company," the bondholders said in their court filing.The governor's office had no immediate comment on the bondholders' proposal.Like Newsom's plan, the proposal is "ratepayer neutral" — meaning, customer rates would not go up to pay the costs of getting PG&E out of bankruptcy.But ratepayers would pay: The plan calls for a .50 monthly charge, a feature of PG&E bills since the 2001 energy crisis, to be extended for several years to help raise dollars for a wildfire insurance fund proposed by Newsom last week. That fund would help pay claims for future fires.___Information from: The Sacramento Bee, http://www.sacbee.com 2574
Roughly six percent of the male population - and less than one percent of the female population - suffer from colorblindness.It isn’t a deficiency that is debilitating, but it can be frustrating.For 11-year-old Andreas Koerber, reds and greens are mixed up, blues and purples are difficult to differentiate. The world, as he sees it, is generally more drab.The North Olmsted, Ohio sixth-grader and his family didn’t know there was a fix, until recently.Now, his eyes are open to an entirely new world after the discovery of specialized glasses.“Everything is more colorful, it’s brighter, it’s not as dark,” Andreas said.He realized he was colorblind at age five. It’s one of the biggest differences between him and his twin brother Luke. Luke is the one who had the idea to surprise Andreas with the glasses after learning about them online.“He’s my brother and really, it doesn’t feel fair that I get to see all the colors and he doesn’t,” Luke said. “I didn’t really realize how bad it was and what he wasn’t seeing.”For mom Rita Koerber, watching Andreas see colors for the first time was eye-opening.“It was just this totally special, emotional moment,” Rita said. "Kind of like Christmas when you have little kids and you’re seeing that through their eyes and they’re so excited, it was like that."The glasses run upwards of 0 and are not covered by insurance. After trying them on at Eyetique in Eton Center, Rita immediately had them special-ordered.“It’s like, how do you put a price tag on that? His face was just smiling nonstop for two days,” she said. 1595

SACRAMENTO, Calif. (KGTV) -- Authorities gathered Wednesday to announce that a suspect in the decades-long Golden State killer case was arrested.Joseph James DeAngelo, 72, was arrested in connection with a series of killings, rapes and burglaries. DeAngelo is suspected of killing a least 12 people, raping at least 45 women and committing more than 120 burglaries in the decade between 1976 and 1986.Most of the crimes took place near Sacramento and in the east Bay Area, authorities said Wednesday.RELATED: Suspect identified, arrested in East Area Rapist/Golden State Killer caseClick through the timeline below to see a list of major events in the case: 670
RICHMOND, Va - An EMT with the Richmond Ambulance Authority (RAA) is a one-of-a-kind essential worker to her family, and now she has the doll to prove it.April O'Quinn was one of five national winners in the "Heroes with Heart" contest, run by American Girl.Families were asked to nominate a hero fighting COVID-19 who risked their lives to help others during the pandemic.O'Quinn was nominated by her niece, Lacey, who lives in Texas. Lacey nominated her aunt after the EMT worker returned to work after recovering from COVID-19."The lung problems were probably the worst part for me. I couldn't lay down. I had to sit up. I slept sitting up," O'Quinn said.Emergency Medical Services seemed like the perfect fit for O'Quinn, and she didn't hesitate to return once doctors gave her the OK."She didn't hesitate for a moment," Lacey wrote on her contest submission, which was published by American Girl."I feel very fortunate that I only have the minor problems that I have and I can be back to work," O'Quinn said. "I like to get in there, help people, and then step back into the dark."O'Quinn got a phone call last month from Lacey with the exciting news."Lacey was on the other side screaming that we had won — I was in shock," O'Quinn said. "I had no words. I ended up crying because I couldn't say anything.""The excitement and smiles as she opened her hero doll were all worth it," she said.April is now one of five essential workers nationwide celebrated by American Girl."We at the Richmond Ambulance Authority are so excited for April and her niece Lacey. We're thankful American Girl held a contest to recognize our frontline heroes and are thrilled to have one of our employees represent EMS," RAA CEO Chip Decker said.The winners received a custom American Girl Doll and outfit in their hero's likeness and a 0 gift card."The stars and brightness in her face and eyes was amazing. It was all worth the pictures, even though I hate pictures," O'Quinn said.The review she cares about most is holding onto her doll thousands of miles away in Texas."It'll be something that neither one of us will ever forget. It's a bond that I'll hold with her forever," O'Quinn said.This story was originally published by Jake Burns on WTVR in Richmond, Virginia. 2267
SACRAMENTO, Calif. (AP) -- California Gov. Gavin Newsom and the Democratic-controlled state Legislature agreed on a budget deal that would to cover the state's estimated .3 billion budget deficit.Newsom and legislative leaders announced the agreement Monday. No details were immediately available about what's in the agreement.But in a joint statement, Newsom and the leaders of the Senate and Assembly say the agreement protects core services including education, health care and the social safety net.The full statement:“The COVID-19 global pandemic has caused a sudden and dramatic change in our nation’s and state’s economic outlook – and has had a cascading effect on our state budget. California was better positioned for this sudden change than at almost any time in its history, building out record reserves following years of responsible budgeting. Even still, the size and scope of the pandemic and the accompanying economic crisis have been unprecedented – leaving California to make hard choices and figure out how to sustain critical services with much less.“In the face of these challenges, we have agreed on a budget that is balanced, responsible and protects core services – education, health care, social safety net and emergency preparedness and response. This budget also invests in California small businesses harmed by the pandemic.“This agreement reflects our shared commitment to supporting schools, and is built on a foundation of equity – allocating billions of dollars for students most affected by learning loss and continuing our state’s leadership toward reforming the criminal justice system.“To be clear, this budget required some tough decisions and more work remains ahead. But they were necessary steps for keeping California on firm fiscal footing while we continue to meet the COVID-19 challenge, protect vital services and our most vulnerable communities, and build a strong fiscal bridge to a safe, speedy economic resurgence. Californians are doing their part – now it’s imperative for our federal partners to pass a responsible and comprehensive relief plan so states and local communities can continue to keep Americans safe while leading our national economic recovery.”California's revenue has tanked during the coronavirus pandemic as a statewide stay-at-home order forced many businesses to close and caused millions of people to lose their jobs. 2402
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