Pacific Gas & Electric gained a financial shield on Saturday against roughly $30 billion in liabilities over its involvement in deadly wildfires across California, the New York Times reports.
Why it matters: PG&E's plan to exit bankruptcy, which is now approved by a federal judge, qualifies the company for a wildfire insurance fund that will help cover future claims from fires caused by its equipment.
U.S. traffic has rebounded to roughly 90% of pre-pandemic levels, as states reopen and people grow more willing to leave their homes, according to INRIX data cited by the Washington Post.
The state of play: Some of the states seeing a resurgence in road traffic are the same that have seen increases in COVID-19 infections, especially as people avoid public transit amid the pandemic. Drivers in 22 states are on the road more now than they were in late February before states began implementing stay-at-home orders. And congestion has begun to return to cities including New York City and Los Angeles.
