Oil Company California Resources Corp Files For Chapter 11 Bankruptcy Protection
One of the state's major oil companies said it has filed for Chapter 11 bankruptcy protection as part of an agreement with creditors to restructure $5 billion in debt.
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One of the state's major oil companies said it has filed for Chapter 11 bankruptcy protection as part of an agreement with creditors to restructure $5 billion in debt.
A businessman who deals in sneakers wants his money back after a consignment of shoes were stolen during looting at the end of May.
National gym chain 24 Hour Fitness has filed for bankruptcy after the coronavirus pandemic forced its facilities shut for months.
Pacific Gas and Electric on Wednesday announced the latest overhaul of its board of directors in another step toward the nation's largest utility ending its bankruptcy.
California power regulators are mulling whether to approve Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by in a series of deadly wildfires.
Pacific Gas & Electric's plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility's fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion fund that's supposed to cover their losses.
California regulators are being advised to approve Pacific Gas & Electric's plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility's past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high electricity rates.
A Pacific Gas & Electric lawyer told a federal judge that the beleaguered company's plan for getting out of bankruptcy is winning support from the victims of Northern California wildfires ignited by the utility's crumbling equipment, despite concerns they will be shortchanged in a $13.5 billion settlement.
The resolution disclosed could remove a major stumbling block as PG&E scrambles to meet a June 30 deadline to emerge from bankruptcy.
A $13.5 billion settlement between victims of California's catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the devastation.
Pier 1, the troubled home furnishings retailer that has closed hundreds of stores in recent years, filed for bankruptcy Monday.
The publisher of the Sacramento Bee, the Miami Herald and dozens of other newspapers across the country is filing for bankruptcy protection.
A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy.
Pier 1 Imports will close nearly half of its stores and is reportedly nearing a bankruptcy filing.
Pacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment.
A local Marie Callender's restaurant that shuttered after the company filed for bankruptcy earlier this year is reopening.
The greater Sacramento area could be down to just two Forever 21 stores as the struggling fast-fashion chain closes locations due to bankruptcy.
More than two dozen Sears and Kmart stores are closing, as the company continues to struggle after emerging from bankruptcy.
Perkins & Marie Callender's has filed for Chapter 11 bankruptcy, prompting 29 restaurants to close – including two of the last left in Northern California.
Insurance companies that say PG&E owes them more than $20 billion from wildfire claims wants to take over the California utility and pull it out of bankruptcy.
PG&E just had a $3.50/month rate increase approved in April. The utility is asking for another $22/month increase next, to cover wildfire safety.
PG&E's top financial executives said they still haven't determined when the utility can start compensating victims of recent wildfires started by the utility's equipment.
A federal bankruptcy judge in San Francisco on Tuesday approved a plan by PG&E Co. to pay up to 10,000 employees $235 million in bonuses for their work in 2019.
The troubled California utility Pacific Gas & Electric Corp. named a new chief executive and board members Wednesday amid a bankruptcy proceeding.
The women's clothing company joins a growing group of retailers that couldn't survive bankruptcy.
A Rancho Cordova property manager shot and killed a burglar who broke into his shop in the middle of the night.
Cam Thomas scored 34 points and the Brooklyn Nets beat the Kings 108-103 in Nets coach Jordi Fernandez's return to Sacramento.
Health officials in California are alerting consumers of a voluntary recall of a batch of cream top, whole milk that was produced by Raw Farms, LLC, in Fresno County after bird flu was detected in a sample.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees at the site in November.
A Rancho Cordova property manager shot and killed a burglar who broke into his shop in the middle of the night.
A search for two men is underway in Placer County after they were swept away by the American River on Saturday.
Cam Thomas scored 34 points and the Brooklyn Nets beat the Kings 108-103 in Nets coach Jordi Fernandez's return to Sacramento.
Health officials in California are alerting consumers of a voluntary recall of a batch of cream top, whole milk that was produced by Raw Farms, LLC, in Fresno County after bird flu was detected in a sample.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
The Sacramento Police Department is trying out a new air asset that's designed to improve response times.
Last year, Sacramento had 55 traffic fatalities, which was an all-time high for the city. Now, the city is launching new traffic safety efforts to try and get that number down to zero.
Two people were shot and killed in the Northgate area of Sacramento, police said Tuesday.
The Sacramento City Council has given the green light for a cannabis lounge pilot program.
Sacramento city leaders on Tuesday will consider passing new rules cracking down on sideshows. It comes as the number of street takeovers continues to grow.
Health officials in California are alerting consumers of a voluntary recall of a batch of cream top, whole milk that was produced by Raw Farms, LLC, in Fresno County after bird flu was detected in a sample.
Thousands of University of California health and service workers have hit the picket line as of Wednesday morning.
Expect rounds of heavy rain and Sierra snow, flooding concerns and travel impacts through the weekend before Thanksgiving as atmospheric river moves through Northern California
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
Elon Musk's social media platform X is suing California over a new state law targeting deceptive, AI-generated election content, claiming that it violates First Amendment free speech protections.
Cam Thomas scored 34 points and the Brooklyn Nets beat the Kings 108-103 in Nets coach Jordi Fernandez's return to Sacramento.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
Miles Hastings threw three touchdown passes for UC Davis, but it was Lan Larinson's 59-yard touchdown run late in the fourth quarter that helped the Aggies hold off Sacramento State 42-39 in the 70th Causeway Classic on Saturday.
The 70th annual Causeway Classic, a football tradition between UC Davis and Sacramento State, introduced some new action this year to their long-standing rivalry.
Sacramento State will host UC Davis for the 70th Causeway Classic on Saturday. You can watch the game on KMAX31.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The Supreme Court issued its first opinion of the term, a one-line decision dismissing Facebook's appeal.
California Gov. Gavin Newsom traveled into a part of the state that supports President-elect Donald Trump Thursday, speaking about jobs in a county that flipped from Democrat to Republican support this election cycle.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
Cold temperatures mean more people indoors, and more people indoors means more of a chance of spreading sickness.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Officials with the California Department of Public Health (CDPH) said they have identified a possible bird flu case in a child in Alameda County.
A Fairfield couple had their home insurance policy canceled because of a photo taken from high above their residence. They called Kurtis when they thought the insurance carrier got it wrong.
Inflation and California's higher wages are driving up the cost of dining out, but the Call Kurtis team has found some relief for your wallet in the form of discount gift cards for restaurants.
A Sacramento mother is seeking answers—and justice—after discovering that her daughter's grave was moved without her knowledge.
A Lodi animal rescue and adoption agency said someone hijacked their Facebook page and is using it to rip people off. They reached out to the Call Kurtis team to look into it.
A Folsom viewer said a credit reporting agency is refusing to remove a debt that isn't hers. She reached out to the Call Kurtis team for help.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
No one — not the Governor's Office, the CHP task force, nor the attorney general — can tell us how many of the people arrested by California's Organized Retail Crime Task Force were sentenced, let alone how many went to jail, received treatment, or re-offended.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.
The CHP captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout confirmed.
CBS News California takes a closer look at the drug component of the high-profile Proposition 36 to fact-check claims about the ballot measure from supporters and opponents.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The family contacted CBS13 and the Call Kurtis consumer investigative team to look into the matter.
The Call Kurtis team has found that some companies you may already be doing business with may offer streaming for free, or at deeply discounted rates.
The fire prompted a massive response from crews across the state, including five strike teams out of Auburn in Placer County.
The goal is to attract more women to the profession.
A new wildfire burning near the Nevada and Placer county line has forced officials to issue mandatory evacuations in both counties on Saturday.
As wildfires rage across California, new research reveals an alarming impact on one of the region's most vital industries: agriculture.
California voters will be asked to authorize the state to borrow $10 billion to pay for climate and environmental projects, including wildfire prevention.
It was a day of conquering fears and overcoming odds at the Sacramento Deep Water Channel this weekend. People living with physical disabilities got an opportunity to feel the exhilaration of setting sail.
A nutrition program to get kids excited about healthy eating in Yuba City is seeing success and now the farm-to-school program will be growing not just food but in size and opportunity.
Kids and teens in Stockton are flocking to a program that's offering them the opportunity of a lifetime.
More than one hundred customers came out to celebrate the grand reopening of a restaurant that's been around for seven decades.
Pursuing higher education can be challenging for any college-bound student and for former foster youth, doing it alone can seem impossible.
Despite Sunday's effort, the victims were not found and the search will resume on Monday.
A Rancho Cordova property manager shot and killed a burglar who broke into his shop in the middle of the night.
Here's a look at the weather forecast Sunday evening.
Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees at the site in November.
A Rio Vista teacher and baseball coach has been arrested on charges of possessing child pornography, police said.