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...But power suppliers, like PG&E, and data centre operations need sophisticated security to protect against cyber and physical attacks on their operations....
...Two US utilities in the west, PG&E and Hawaiian Electric, have faced steep financial distress from wildfire liabilities in recent years....
...Other companies to have tapped the convertible bond market in recent weeks include utility giant PG&E — whose credit rating puts it at the higher end of the “junk” category — and fellow energy group Evergy...
...Johnson went on to lead PG&E Corporation, where he lasted 384x longer. Or a year and 19 days to be precise....
...Buffett highlighted as examples of wildfire liabilities both PG&E and Hawaiian Electric, which has been sued in connection with last year’s devastating Maui inferno....
...Multiple investors, including private equity, were interested in funding the restructuring of PG&E....
...The software underpins chatbots, image-generating tools such as Midjourney and Dall-E, and products that generate and analyse code, audio, voice and video....
...“Since Bird’s inception, it has had difficulties generating positive cash flow despite its growth efforts and relative market share compared to its competitors,” the company said in a filing on Wednesday...
...Over the past 18 months it has spent about $2bn on buying companies such as SurePrep, Casetext and Pagero, a global e-invoicing and tax solutions business....
...That restricts housing supply and, combined with unaffordable mortgage rates, increases demand in the rental market, thus generating shelter inflation....
...Getty’s product launch comes on the heels of OpenAI’s update last week of its popular image-generating tool DALL-E....
...It’s why you’ve seen PG&E file for bankruptcy. I believe that was in 2019 or so....
...Krasnodebska contributed a jewellery collection she designed with the aid of Dall-E. “AI can be really helpful in generating ideas,” she says, but her own “input as a curator was vital at every step”....
...Heartland, PG&E and Internet Brands did not respond to requests for comment....
...Meta released Imagine, a standalone AI image generator that is similar to OpenAI’s DALL-E....
...Another usecase for LLMs is their ability to identify links between conceptual themes and company descriptions to create thematic baskets of stocks....
...More than half of single-B minus rated US companies would not be generating enough cash to cover their capital expenditure while servicing their debt by year-end, analysts at Moody’s project....
...Talos Energy appointed John Spath as the company’s executive vice-president and head of operations on Friday after the offshore E&P terminated its contract with Robert Abendschein....
...The company’s founders, entrepreneurs Angus Thirlwell and Peter Harris, together own more than 54 per cent of the company....
...But like many tech-start ups, the company is yet to make an annual profit, despite now operating in 17 countries and making revenues last year of £4.2bn, supplying gas and electricity to homes but also generating...
...In S&E, the margin fell by 110 basis points to 9.7 per cent, with its ELAC business not generating as much profit because a contract to provide sonar equipment on new submarines for the Italian Navy is still...
...A loan extension for California utility PG&E was shelved last month, while Heartland Dental, a provider of services to dentists’ offices, and digital media business Internet Brands had to pay lenders more...
...A loan extension for California utility PG&E was shelved last month....
...Like the banking system has been like generating failures and financial crises for centuries. So that’s like a pretty high bar for financial stability, right?...
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