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California regulator opens case against PG&E for falsifying pipeline safety records

1 hour ago DieselGasoil Comments Off on California regulator opens case against PG&E for falsifying pipeline safety records
PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – The California Public Utilities Commission has opened a proceeding to consider penalties against Pacific Gas and Electric Company, ordering immediate action against the utility for falsifying safety documents for natural gas Read More

J&J shares nosedive on report it knew of asbestos in Baby Powder

5 hours ago DieselGasoil Comments Off on J&J shares nosedive on report it knew of asbestos in Baby Powder
(Reuters) – Shares of Johnson & Johnson (JNJ.N) fell 10 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the Pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder. The decline in shares erased about $40 billion from Read More

PG&E seeks 6.4 percent rate hike in 2020

7 hours ago DieselGasoil Comments Off on PG&E seeks 6.4 percent rate hike in 2020
PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (This Dec. 13 story corrects the rate-hike percentage to 6.4 from 12 in the headline and the first paragraph) (Reuters) – PG&E Corp (PCG.N) said on Thursday it had requested California’s top utilities Read More

Investors sell record $39 billion of stocks in past week: BAML

11 hours ago DieselGasoil Comments Off on Investors sell record $39 billion of stocks in past week: BAML
FILE PHOTO: United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo LONDON (Reuters) – Investors cashed out of equity funds at a record pace over the past week, with redemptions hitting $39 billion, Bank of America Merrill Lynch Read More

Latest viral prank sweeping China has jewelers clutching their pearls (VIDEOS)

12 hours ago DieselGasoil Comments Off on Latest viral prank sweeping China has jewelers clutching their pearls (VIDEOS)
Chinese social media has been flooded with videos of people trying on expensive jewelry and then pretending to run out of the store, while filming the, often over-the-top (literally), reactions of the unsuspecting jewelers. Panicked staff members are caught unawares and typically vault the shop counter and sprint after the ‘robbers’ who quickly stop and Read More

Cat gifted by Putin understands Japanese, Akita prefecture governor says

14 hours ago DieselGasoil Comments Off on Cat gifted by Putin understands Japanese, Akita prefecture governor says
A Siberian kitten, gifted to the head of Japan’s Akita Prefecture by Vladimir Putin six years ago, has since grown up into a big fluffy cat, who has learned to understand Japanese and wake his owner up at 6am demanding food. The Russian president gave Norihisa Satake the 11-month-old grey kitten called Mir (‘Peace’) in Read More

Australian rail workers postpone coal haulage strikes as cyclone looms

17 hours ago DieselGasoil Comments Off on Australian rail workers postpone coal haulage strikes as cyclone looms
SYDNEY (Reuters) – Coal railway workers at Australian hauler Aurizon Holdings Ltd have postponed some planned strikes in Queensland, a union official said, as a cyclone is forecast to bring poor weather near some of the affected railways. FILE PHOTO: An Aurizon coal train travels through the countryside in Muswellbrook, north of Sydney, Australia, April Read More

PG&E seeks 12 percent rate hike in 2020

1 day ago DieselGasoil Comments Off on PG&E seeks 12 percent rate hike in 2020
PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – PG&E Corp (PCG.N) said on Thursday it had requested California’s top utilities regulator for a 12 percent rate hike in 2020 to fund its community wildfire safety program, insurance liabilities, and Read More

Not journalism but propaganda: Fact-checkers turn on Facebook for spreading its own fake news

1 day ago DieselGasoil Comments Off on Not journalism but propaganda: Fact-checkers turn on Facebook for spreading its own fake news
Journalist fact-checkers who signed up for a controversial partnership with social media giant Facebook to combat fake news are abandoning ship citing ethical concerns and shady practices. The fact-checkers became disillusioned with Facebook after the company ignored requests for meaningful data that showed the impact of the anti-fake news initiatives. Participating journalists anecdotally reported minimal Read More