Financial District, San Francisco

Forecasted Highest Winds and Driest Conditions of the Season Mean PG&E May Need to Proactively Turn Off Power for Safety to Customers Across Northern and Central California

Saturday, October 24, 2020 - 8:18pm

PG&E has notified customers in targeted portions of 38 counties about a potential Public Safety Power Shutoff (PSPS) expected to start as early as Sunday morning (Oct. 25).

Key Points: 
  • PG&E has notified customers in targeted portions of 38 counties about a potential Public Safety Power Shutoff (PSPS) expected to start as early as Sunday morning (Oct. 25).
  • PG&E will then patrol the de-energized lines to assess whether they were damaged during the wind event.
  • PG&E will safely restore power as quickly as possible, with the goal of restoring most customers within 12 daylight hours, based on current weather conditions.
  • Based in San Francisco, with more than 20,000 employees, the company delivers some of the nations cleanest energy to 16 million people in Northern and Central California.

Potential Sunday/Oct. 25 PSPS Event: Forecasted Highest Winds and Driest Conditions of the Season Mean PG&E May Need to Proactively Turn Off Power for Safety to Approximately 466,000 Customers Across Northern and Central California

Saturday, October 24, 2020 - 3:38am

PG&E has notified customers in targeted portions of 38 counties about a potential Public Safety Power Shutoff (PSPS) expected to start as early as Sunday morning (Oct. 25).

Key Points: 
  • PG&E has notified customers in targeted portions of 38 counties about a potential Public Safety Power Shutoff (PSPS) expected to start as early as Sunday morning (Oct. 25).
  • The safety of our customers and the communities we serve is our most important responsibility.
  • Customer notificationsvia text, email and automated phone callbegan late this afternoon, approximately two days prior to the potential shutoff.
  • This is because the electric system relies on power lines working together to provide electricity across cities, counties and regions.

How NOIRE is changing the face of cross-border payments using Visa Direct

Friday, October 23, 2020 - 10:00am

Tim Thompson, CEO at NOIRE, a boutique payments service provider, believes that every business which operates on a global basis, needs Visa Direct in conjunction with a comprehensive payment platform, such as NOIRE, to prevent these problems.

Key Points: 
  • Tim Thompson, CEO at NOIRE, a boutique payments service provider, believes that every business which operates on a global basis, needs Visa Direct in conjunction with a comprehensive payment platform, such as NOIRE, to prevent these problems.
  • At NOIRE, we integrate Visa Direct seamlessly and deliver an effective solution, in a way which is simple to use at every point of contact.
  • NOIRE is a boutique payments services and risk management company, offering gateway technology, merchant accounts and customer support.
  • For more information on Visa Direct, or to contact NOIRE, visit their website .

How NOIRE is changing the face of cross-border payments using Visa Direct

Friday, October 23, 2020 - 10:00am

Tim Thompson, CEO at NOIRE, a boutique payments service provider, believes that every business which operates on a global basis, needs Visa Direct in conjunction with a comprehensive payment platform, such as NOIRE, to prevent these problems.

Key Points: 
  • Tim Thompson, CEO at NOIRE, a boutique payments service provider, believes that every business which operates on a global basis, needs Visa Direct in conjunction with a comprehensive payment platform, such as NOIRE, to prevent these problems.
  • At NOIRE, we integrate Visa Direct seamlessly and deliver an effective solution, in a way which is simple to use at every point of contact.
  • NOIRE is a boutique payments services and risk management company, offering gateway technology, merchant accounts and customer support.
  • For more information on Visa Direct, or to contact NOIRE, visit their website .

Current PSPS Update: Restoration to Continue Friday Morning with a Goal of Restoring Power to Essentially All 31,000 Customers by the End of the Day

Friday, October 23, 2020 - 4:33am

PG&E expects all customers who can receive service will be back in power by 10 p.m. Friday.

Key Points: 
  • PG&E expects all customers who can receive service will be back in power by 10 p.m. Friday.
  • Tomorrow, the company plans to begin notifications two days in advance of the event for potentially impacted customers indicating the possibility of another power shutoff for safety Sunday morning.
  • We know that being without power represents a hardship, especially for customers who might have to lose power a second time within a week.
  • PG&E will also open CRCs for affected customers should the potential Oct. 24-26 PSPS come to fruition.

US Financial 15 Split Corp. Preferred Dividend Declared

Wednesday, October 21, 2020 - 9:00pm

TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04892 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04892 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable November 10, 2020 to shareholders on record as at October 30, 2020.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

COVID-19 Fuels Uncertainty about U.S. Retirement, Wells Fargo Survey Finds

Wednesday, October 21, 2020 - 4:40pm

News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Key Points: 
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .
  • Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company.
  • Investment products and services are offered through Wells Fargo Advisors, a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, registered broker-dealers and non-bank affiliates of Wells Fargo & Company.
  • Wells Fargo Advisors associates referenced are registered with Wells Fargo Clearing Services, LLC.

Wells Fargo Invests in Industrial Logistics via Elion Partners

Wednesday, October 21, 2020 - 1:00pm

Elion Partners (Elion), a real estate investment firm, today announced an equity commitment from Wells Fargo Bank N.A.

Key Points: 
  • Elion Partners (Elion), a real estate investment firm, today announced an equity commitment from Wells Fargo Bank N.A.
  • Our longstanding relationship with Elion Partners is the cornerstone of our investment approach, said Pat Ramge, Senior Vice President and Florida Market Manager, Real Estate Banking at Wells Fargo.
  • Wells Fargo is excited to take this next step with Elion Partners, concluded Ramge.
  • News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Forecasted High Wind Event Means PG&E Might Need to Proactively Turn Off Power for Safety for About 54,000 Customers in Portions of 19 Counties and Two Tribal Communities on Wednesday

Tuesday, October 20, 2020 - 10:55pm

Pacific Gas and Electric Company (PG&E) continues to monitor a potentially strong and dry offshore wind event forecasted to start Wednesday evening.

Key Points: 
  • Pacific Gas and Electric Company (PG&E) continues to monitor a potentially strong and dry offshore wind event forecasted to start Wednesday evening.
  • Given the expected conditions, PG&E began its one-day advance notifications to customers in areas where PG&E may need to proactively turn power off for safety to reduce the risk of wildfire from energized power lines.
  • Customer notificationsvia text, email and automated phone callbegan Monday afternoon, approximately two days prior to the potential shutoff.
  • While a PSPS is an important wildfire safety tool, PG&E understands that losing power disrupts lives, especially for customers sheltering-at-home in response to COVID-19.

Potential Midweek PSPS Event: Forecasted High Winds and Dry Conditions Mean PG&E May Need to Proactively Turn Off Power for Safety in Targeted Portions of 19 Counties and Two Tribal Communities on Wednesday

Tuesday, October 20, 2020 - 1:41am

Potential Public Safety Power Shutoff: What People Should Know

Key Points: 
  • Potential Public Safety Power Shutoff: What People Should Know
    The potential PSPS event is still two days away.
  • Customer notificationsvia text, email and automated phone callbegan late this afternoon, approximately two days prior to the potential shutoff.
  • Due to forecasted severe weather conditions, PG&E is considering proactively turning off power for safety.
  • A PSPS Watch will be upgraded to a Warning when forecasted conditions show that a safety shutoff will be needed.