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The Maria Fire billows above Santa Paula, California on Oct. 31. AP/Noah Berger

California is living America’s dystopian future

'California is America fast-forward,' writes one scholar. Does that mean that the dystopian infernos that have consumed parts of the state are simply a picture of what awaits the rest of America?
About 23,000 companies went out of business in 2017. Reuters/Nick Zieminkski

How corporate bankruptcy works

A bankruptcy filing always means there's not enough money to go around, but the process ensures both debtors and creditors are protected.
On the hook: California utility PG&E declared bankruptcy due to liabilities linked to power lines and wildfires. AP Photo/Ben Margot

Many electric utilities are struggling – will more go bankrupt?

The electric utility is seeing rapid changes and threats that affect consumers, from more wind and solar to wildfires. How they react depends in large part on regulators.

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