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Enron gouged customers of $1.1 billion, records show
Associated PressSEATTLE - Enron Corp. manipulated the energy market practically every day during the 2000-2001 power crunch and gouged Western customers for at least $1.1 billion, according to audiotapes and documents released yesterday. The records were uncovered by...Tags: Constellation Energy Group, Judges, El Paso Corporation, Electricity Production and Distribution, Bankruptcy
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More firms on brink?
Times staff writersWorldCom Inc.'s mammoth bankruptcy filing Sunday could prolong the telecommunications industry's long and painful implosion by dragging teetering companies over the brink with it. More than three dozen telecom firms have already landed in Bankruptcy...Tags: France, WorldCom Incorporated, Berkshire Hathaway Incorporated, Level 3 Communications Incorporated, Warren Buffett
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Ecotality sues to block NRG's electric vehicle charging stations
SACRAMENTO — A Bay Area clean technology firm is suing state energy regulators, accusing them of granting an out-of-state power company a monopoly over EV charging stations in California. Ecotality, a San Francisco maker of electric charging...Tags: Trials, NRG Energy Incorporated, Justice System, Energy, Laws
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Legal settlement creates electric car-charging monopoly, suit says
SACRAMENTO -- A Bay Area technology firm specializing in electric vehicles is suing state energy regulators, accusing them of giving a monopoly over charging stations to an out-of-state power company. In March, the California Public Utilities...
Tags: Trials, Jerry Brown
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TEXT-Dynegy illustrates ring-fencing and importance of covenants-Fitch
ReutersMay 17 - The Dynegy Holdings, LLC (DH) corporate reorganization moves and bankruptcy case events demonstrate the value of protective covenants for bondholders, according to a report from Fitch Ratings. The lack of covenants in DH's unsecured notes...Tags: Coal, Financially Distressed Companies, Bankruptcy, Companies and Corporations, Credit Ratings
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TEXT-Fitch may still change Dynegy Inc ratings
ReutersMay 8 - Fitch Ratings maintains Dynegy Inc. on Rating Watch Evolving pending the bankruptcy proceedings at its wholly owned subsidiary, Dynegy Holdings, LLC (DH). Fitch currently rates Dynegy Inc.'s Issuer Default Rating (IDR) 'CC'. Fitch has...Tags: Loans, Financially Distressed Companies, Credit and Debt, Bankruptcy, Public Service Enterprise Group Incorporated
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The day ahead in business
Reports: Initial jobless claims for week ended May 5, 7:30 a.m.; Trade balance for March, 7:30 a.m.; Mortgage rates for week ended May 10, 9 a.m.; Treasury budget for April, 1 p.m. Local earnings: Acco Brands Corp., Career Education Corp., Lime Energy...
Tags: Kohl's Illinois, Inc., Deutsche Telekom AG, Career Education Corporation, Sotheby's Holdings Incorporated, Nordstrom, Inc.
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UPDATE 1-Dynegy loss narrows on gas generation volumes
ReutersMay 10 (Reuters) - Dynegy Inc posted a narrower quarterly loss as it produced more power from cheap natural gas rather than coal. The company last month resolved major disputes with creditors that could put its unit Dynegy Holdings LLC a step closer to...Tags: Financially Distressed Companies, Bankruptcy
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Settlement may bring EV infrastructure to California
In an unforeseen upside to the electric-power market crisis of 2001, a new proposed legal settlement between utility NRG and the California Public Utilities Commission would bring more than $100 million in new electric-vehicle charging infrastructure to...
Tags: National Defense Authorization Act, Regulatory Policy and Organizations, Automotive Equipment, Poverty, Manufacturing and Engineering
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Fewer big companies file for bankruptcy
The latest encouraging economic statistic: Fewer big companies are going out of business.
The number of publicly traded companies filing for bankruptcy declined for the third straight year in 2011, to levels last seen before the 2008 global financial...Tags: Companies and Corporations, MF Global, Financially Distressed Companies, Finance, American Airlines, Inc.
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Port signs agreement to demolish power plant
CHULA VISTA, Calif. -- The Port of San Diego announced Wednesday an agreement with Dynegy South Bay LLC on a plan to tear down its South Bay power plant, located along the bayfront in Chula Vista.
With the agreement in hand, the Houston-based company...Tags: Mergers, Acquisitions and Takeovers
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Agreement paves way for removal of south bay 'eyesore'
CHULA VISTA, Calif. - After 10 months of discussions, the Port of San Diego has reached an agreement to begin the process of demolishing the South Bay Power Plant that is estimated to cost the company managing the plant about $65 million, according to...Tags: Mergers, Acquisitions and Takeovers, Companies and Corporations
Jun 15, 2004
|Story| Baltimore Sun
Jul 22, 2002
|Story| Los Angeles Times
May 26, 2012
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May 25, 2012
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May 17, 2012
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May 8, 2012
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May 10, 2012
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May 10, 2012
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Apr 30, 2012
|Story| Los Angeles Times
Jan 9, 2012
|Story| Los Angeles Times
Oct 26, 2011
|Story| KSWB-LTV
Oct 27, 2011
|Story| KSWB-LTV
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