PG&E is tanking after S&P downgrades it to junk (PCG)

7:28am PST - January 8th, 2019    pg&e - Business Insider

PG&E 's credit rating was cut to junk at S&P Global Ratings, sending shares down more than 10% early Tuesday. The downgrade came as bad news has piled up for PG&E amid its potential liabilities from last year's California wildfires, the credit-rating agency s…