Pacific Gas and Electric (PG&E)
Pacific Gas and Electric filed for bankruptcy on January 29, 2019. It cited the wildfires in California back in 2017 and 2018. Despite this, the company is seeking the approval of bonuses worth $235 million for its employees! Senator Jerry Hill even said, “$235 million would go a long way to support the victims of last year’s wildfires.” The unfortunate think about the bankruptcy filing is that it sent the claims of the victims and creditors into limbo. Perhaps they should take care of that before employee bonuses.
PG&E
Things Remembered
Aren’t you glad that Things Remembered would not be forgotten? True enough, Business Insider reported that it filed for bankruptcy on February 6, 2019. The personalized keepsake retailer, however, managed to bounce back. In March 2019, RetailDive said that the company was acquired by gift and home décor retailer Enesco! At any rate, the B2B retail operations, online businesses, direct mail, and 176 locations will be keeping the name of the company. What a relief!
Things Remembered