weighed the blame for the deadly fire at the feet of the badly battered utility company pacific gas and electric or p.g. any this week california fire officials offered a scathing indictment claiming quote after a very meticulous and thorough investigation cal fire has determined that the camp fire was caused by electrical transmission lines own operated by pacific gas and electric located in the polgar area the company which has already filed for bankruptcy protections earlier this year saw their stock take a major hit over the past month particularly in the last few days after news of the state investigation broke p.g. and e. cited an estimated $30000000000.00 in fire liabilities prior to their bankruptcy filing. and social trading platform ito has made waves with their mobile app which allows users to observe the trading behavior of peers and high powered traders but in 2017 the company changed the trading landscape by adding the ability to trade crypto currency on the platform during new york block chain week artie's branch of war sat down with a tour of founder yoni assia to discuss the cor

versus city and county of san francisco. 21, existing litigation. 23, existing litigation, pacific gas and electric. 24, existing litigation, pacific gas and electric. are there any public comments on the items to be addressed during closed session? seeing none, may have a motion on whether to assert? >> i'll move to assert. >> second. >> president ye all /* we are going to take five-minute break. maybe eight minutes. >> [laughter]. the commission has now reconvened in open session. the announcement following the closed session is the following. item 20 was settled. items 21 through 26, no action. >> just to clarify on item 20, it was a recommendation to the board of supervisors, so there is not a final. >> recommendation to the board of supervisors. thank you. that's because of the amount of money, correct? >> correct. >> may have a motion regarding whether to disclose? >> move not to disclose. >> second. >> all those in favor? opposed? the last item, other new business. i have something to bring up. i was wondering why the commissioners have not gotten a raise -- [laughter] -- or, i don't know, h

inves gators are nowficially blaming the so-called camp fire on the pacific gas and electric corporation. the announcement ces justas pg&e's new ceo, bill johnson, was testifying before a state tt assembly commiee yesterday. we want to show you vid of that deadly camp fire. state officials said transmission lines owned and operated by pg&e started the fire the morning november 8th of last year. cal fire has now releaed its full investigative report. t it says it was forwarded to the butte county district attorney's office which is considering criminal charges against the utility company. a decision that could take months. preparation for the upcoming fire season, johnson says his organization has started inspecting its power and transmission lines. the camp fire is the deadliest and most destructive fire in california history. but was also the deadliest u.s. fire in a century. 85 people were killed. eun? >> thank you so much. >>> 4:15. your walletme is beco to become a soldier in the trade -- is about to become a soldier in the trade war with china. >> the latest round of tariffs will co

>>a federal judge has ordered board members of pacific gas and electric to tour the destruction in the town of paradise. that town was destroyed last year in that wildfire that may have been caused by the utility companies equipment. the judge ordered the 2 or as part of the utilities punishment for violating the terms of his probation stemming from the 2010 san bruno pipeline explosion that incident killed 8 people and leveled a neighborhood. the judge wants the newly appointed board too make sure the company complies with new wildfire safety plans which have been approved by regulators that is pga's top probation conditions. the new pg any seal bill johnson says he also plans to tour the town of paradise a house fire broke out next to next door to a christian preschool just as the school day was beginning. >>investigators say the cause of the fire appears to be connected to an illegal marijuana growing operation. force has it made you shows us where it happened. it was lots of smoke kind of scary for the kids. >>the fire was burning right next door to unity church which happens to be

. >>> the utility giant pacific gas and electric is to blame for the deadliest and most destructive wildfire in california history. that from state fire investigators who say the campfire was caused by electrical transmission lines owned by pg&e. 85 people died and 150,000 acres burned in the fire in northern california's butte county. the finding was not unexpected, and a february earnings report, pg&e had cited its transmission lines and dry vegetation around them as a possible culprit. the utility filed for bankruptcy protection in january. >>> for anyone with a fear of heights this might be your worst nightmare. window washers trapped in a lift basket swinging out of control and crashing into the side of the tallest building in oklahoma city. this is about 50 stories up. the impact was hard enough to break weindows at the top of th tower. it took 45 minutes for emergency crews to secure the lift and get the crew to safety. the emergency response team is investigating the incident. >>> that is 75-year-old mick jagger back on his feet. the leader of the rolling stones posting the video on

>>pacific gas and electric is getting the green light to move forward with its plan to reduce the risk of wildfires the california public utilities commission okay the plan today but as kron four dan kerman tells us commission also addressed a controversial part of the plan which calls for shutting off power. >>2 weeks after cal fire and then a fight pgd equipment as the cause of last november's campfire the till attias had its wildfire mitigation plan approved by the california public utilities commission that legislature very the rightfully was concerned about making sure that there was some direction this year before the advent of the summer wildfire season. the plan calls for expanded inspections of equipment. >>as well as expanded trimming and removal of trees that can fall on power lines and sparked fires. >>one controversial part of the plan calls for shutting off power in areas where humidity is very low. winds are high education is extremely dry and there's been someone on scene to observe all of this advocates for the disabled voice their concern about being left in the dark.

investigators say the camp wildfire-- the deadliest in a century-- was caused by uipment owned by pacific gas and electricna nawaz hasur look into the company's role. >> nawaz: the camp fire killed 85 people and burned down most of the town of paradise to the ground before it was eventually brought under control. fire investigators say the utility's 100-year-old transmission lines snapped last november and cated small fires that spread and turned into the camp fire. state officials also say p.g.&ea caused multiple fires in 2017 as well. the company is facing lawsuits, potentially criminal charges, and filed for bankruptcy protection in january. russell gold is senior energy reporter for the "wall street journal," who's been covering this. he's also the author of a new book on renewables called "superpower." russell gold, welcome to the news hour. 100-year-old transmission lines. what do we know about how pg&e was run, what they were doingh, what failed to do that led to this devastating firewe? >, what we know is this is a transmission line that was built in9 121, and before a recent story in the "wall st

>>pacific gas and electric is getting the green light to go forward with his plan to reduce the risk of fires the california public utilities commission approved the utilities plan today but as trump forced and kerman tells us the commission also addressed to controversial part of the plan which calls for shutting off power. >>2 weeks after cal fire and then a fight pgd equipment as the cause of last november's campfire the till attias had its wildfire mitigation plan approved by the california public utilities commission that legislature very the rightfully was concerned about making sure that there was some direction this year before the advent of the summer wildfire season. the plan calls for expanded inspections of p equipment. >>as well as expanded trimming and removal of trees that can fall on power lines and sparked fires, one controversial part of the plan calls for shutting off power in areas where humidity is vhry low. winds are high education is extremely dry and there's been someone on scene to observe all of this advocates for the disabled voice their concern about being

minister saying they did not follow his wishing when implements the 2015 deal >>> here at home pacific gas and electric town of paradise, california, at their special town council meeting the vice president of electrical operations apologized to victims of the devastating camp fire >> on behalf of my company, i want to apologize for the role it had on this tragedy nothing i can stand up in front of you say can undo that >> if you recall, the town of paradise was completely obliterated by the camp fire that is the cnbc news update for this hour, back downtown to "squawk alley," carl, back to you. >>> when we come back, why -- the founder and ceo of american elements is going to join us and talk about why this is so important. >>> dow down 344 dow needs about 311 points to avoid a fifth week lower we're back in a moment ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. no matter what you trade, at fidelity the flexible class schedules d me tremendously. allowed me to go to work full time, run my cat

cal fire said pacific gas and electric company-owned power lines ignited the fire in november that fireled 85 people in paradise and destroyed nearly 1500 homes. san fransco is now the first city in the country to ban police from using facial recognition software. the board of supervisors approved t ban on tuesday. the measure also says city departments must receive apoval to buy or use any surveillance system. supervisor aaron peskin and others argued facial recognition technology threatens civil liberties and privacy. >> it's psychologically unhealthy when people ow they're being watched in every aspect of the public realm, on the streets, in parks. that's not the kind of city i want to live in. >> nawaz: opponents of the ban said the technology makes it cheaper and faster for police to find suspects and identify missing people. thers more fallout in the opioid scandal. the metropolitan museum of art in new york announced today it will take no more money from the billioniaire sackler family. they allegedly racked up huge profits from oxycontin, made by the family-owned purdue pharma,

and immediately there was explanation of what started the fire. all the rumors were laid to rest. >> electrical transmission lines coming in contact with receptive fuel beds from equipment owned and ornamented by pacific gaslectric. and we also had a second ignition. >> reporter: the second flair up happened near the intersection of rim and con-cal roads. cal fire turned their investigation over to the butte county district attorney's office with the recommendation that charges be filed. at least one state lawmaker agrees >> i am hoping as the butte county district attorney get this is information that he may be able to work with the attorney general in california and they can prosecutor pg&e criminally >> reporter: the mayor of paradise says she is hopeful the findings will bring some resolution to those effected. >> i think the biggest thing is that the report and the fact that they found that pg&e is responsible could be helpful in the negotiations surrounding the lawsuits and the bankruptcy. >> we have a sense of urgency about paying the claims, making sure the people effected get paid. that is not the right way to say it, but get compensated. >> reporter: paul chambers, ktvu fox 2 news. >> as for the

forum hosts are the office of small business, pacific gas & electric, post mates, san francisco m.t.a. and wells fargo. there are so many other sponsors. please check them out and support them. let's give our sponsors a big round of applause. without them this wouldn't be happening. [applause.] >> with that, i want to welcome our representative of our presenting sponsor, mayor, small business banks manager with bank of america. let's give him a big round of applause. [applause.] >> good morning, everyone. welcome. i am the san francisco small business banking manager at bank of america. on behalf of our company and employees he says especially the ones in san francisco for the sixth year in a year thank you for being here this morning. san francisco is an amazing city. it is one that we can be proud to work and live in. it is booming and in a large part to business owners like yourself. when you look around, we have thousands of small business owners working every day to make the city a thriving and unique city itself. you know, when i look at the people of san francisco and the city, we a

level in human history, and a concentratation that's not t ben seen on earth in over 3 million years. california fire investigators said wednesday that the pacific gas & electric company, pg&e, was to blame for last year's camp fire, the deadliest and most destructive wildfire in california's history, which left 85 people dead and scorched more than 150,000 acres. investigators concluded the fire began after pg&e electrical transmission lines ignited dry vegetation in at least two spots. in a statement, pg&e said it accepted the determination. californrnia has seen increasiny deadly blazes in recent years as climate change drives higher temperatures, extreme droughts, and severe weather that make wildfires far more destructive. in new york city, the american museum of natural history and the metropolitan museum of art both said wednesday they will stop accepting donations from the sacklers, the billionaire family that owns purdue pharma, maker of oxycontin, the highly addictive drug at the center of the opioid epidemic. other cultural institutions, including the guggenheim and london's tate modern museum have also severed ties to the sacklers. president trump

and it's kron four is dan kerman tells us they address concerns about intentional blackouts. >>in hopes of reducing wildfires this summer. the california public utilities commission has approved pacific gas electric'sildfire. mitigation plan. >>this is the first of many annual wildfire mitigation plan proceedings. they'll improve each year as we learn what the best practices are under the plan pg will expand inspections of its equipment as well as the trimming and removal of trees that can fall on power lines and spark fires, the plan also calls for shutting off the power. >>the areas where there's a red flag warning when humidity is very low. winds are high. visitation is extremely dry and there's been someone on scene to observe all of this but being left in the dark was a major concern for advocates for the disabled these. >>for those of us who are to blame. but of rome on power outage. we will have to call 911 published a deer. over government for the energy is a shun should be treated like an emergency event. >>because the absence of power has a life threatening consequences similar to a natural disaster. >>the cpc made it clear a power shut off is a last re

and every occasion. you'll even get free shipping. get started today at customink.com. >> welcome back. utility company blamed for sparking the deadliest us wildfire in 100 years. cal fire officials say pacific gas & electricrted the northern california blaze last year that killed 85 people. the fire so big it nearly wiped out the entire city of paradise, california. the power lines violated law but did not specify which ones. pg&e says it is working with investigators. a lot of responsibility there. gavin newsom pardoned 7 felons, two facing deportation. the cambodian refugee went to prison for solicitation to commit murder and robbery, they served their sentences were released and were expected to border deportation flight to cambodia next month but are now allowed to stay in the us with their families. >> reporter: georgetown university expelled a student after you sued over the admission scandal which he claims he didn't know his dad paid to get into school. his dad pleaded guilty to paying a tennis coach $100,000 to get his son admitted. at georgetown spokeswoman wouldn't comment specifically but that students were kicked out for falsifying credentials. the ncaa is forming a working group to consider

pacific gas & electric. the town of paradise was virtually destroyed by the fire and is now suing the utility company.rom los angeles. jonathan. >> jon, 85 people died as a result of the spark from an electrical transmission line. that is the stark and stunning conclusion of investigators who have spent months determining what caused the camp fire as it was called, the most deadly in california's history. >> our job is to lives and property of the citizens of california. as utilities they've seen the devastation that electrical or failure of a utility can cause. i think it's really just a statewide major fire that we have determined was caused by the utility. >> the camp fire sparked on november 8 sending flames racing through the town of paradise. scorching 153,000 acres in total, destroying 19,000 homes, offices and other buildings, and sending terrified residents who had little or no warning running for their lives. pg & e could face criminal charges and has already filed for bankruptcy protection in the wake of losses and scores of lawsuits by those who lost everything, their homes, loved ones, pe

and attention issues. both of them. we were bring you back is to continue to learn more about what's in the president's plan. thank you very much. >> thank you, harris. >> harris: california blooming pacific gas & electricest fire in state history. investors are saying it was their electrical lines that sparked the flame spray jonathan hunt on the story from los angeles. jonathan? >> harris, the bottom line, 85 people died because of a spark from an electrical transmission line. that is the stark and stunning conclusion of investigators who have spent months determining what caused the camp fire, as it was called. the most deadly in california history. >> our job is to -- as utilities, they have seen the devastation that failure of utility can cause. it's really just a statewide -- this is a major fire that we determine was caused by utility. >> the camp fire sparked on november 8th, sending flames racing through the town of paradise, scorching 153,000 acres, destroying 19,000 homes, offices, and other buildings. and sending terrified residents who had little or no warning running for their lives. >> come on! >> watch out, watch out! >> pg&e could yet face criminal charges, and has already filed for ban