On today’s edition of Rob Black’s Winners & Losers, financial expert Rob Black talks with KRON4’s James Fletcher about PG&E, pet insurance, and Apple’s latest bug.
Rob also answers the viewer question, “Should I sell my shares of Nvidia?”
PG&E files for bankruptcy: A series of devastating wildfires that killed more than 100 people and scorched hundreds of thousands of acres in California over the course of two years just brought one of America’s largest utilities to its knees. PG&E Corp. and its Pacific Gas & Electric Co. utility filed for Chapter 11 bankruptcy in San Francisco, allowing the company to keep operating while it works out a plan to turn the business around and pay off creditors.
Pet insurance for your pets: The rise of pet insurance has tracked the overall pet industry, which has soared from $17 billion in the mid-1990s to an estimated $72 billion last year, as owners adopt four-legged buddies and make them honored family members. Merchandise and services that were once unheard of – funerals and cremation services, fashionable jackets, car safety seats, refrigerated foods, even Fitbits and treadmills for cats and dogs – are now standard.
Apple’s FaceTime bug: Apple has disabled group FaceTime calls after it was humiliated on Data Privacy Day by a bug that lets people listen in on you. Twitter CEO Jack Dorsey was among those advising people to disable FaceTime until Apple could release a fix, which it said it would do this week. The bug is acutely embarrassing for Apple, which has long touted its privacy credentials.
- HAWAII AIRLINES FLIGHT DIVERTED TO SFO AFTER CREW MEMBER DIES
- WARRIORS VISIT BARACK OBAMA DURING TRIP TO DC
- WITNESS: EL CHAPO SHOOTING VICTIM WAS BURIED ALIVE
- WOMAN’S SAVINGS ‘DISAPPEARED’ BECAUSE SHE DIDN’T USE ACCOUNT
- VIDEO: ‘SALT AND ICE CHALLENGE’ LEAVES TEENS WITH SEVERE BURNS