(Bloomberg) -- PG&E Corp. won final approval of its bankruptcy plan, clearing the way for the California utility giant to emerge from one of the darkest chapters of its history.U.S. Bankruptcy Judge Dennis Montali issued an order Saturday confirming PG&E’s Chapter 11 plan that will cover billions of dollars in damage claims stemming from catastrophic wildfires linked to the company’s equipment. The judge said in an earlier written decision that he planned to approve the turnaround proposal because the alternative would leave tens of thousands of fire survivors with “no other options on the horizon.”PG&E needed the judge to sign off on its plan before the end of this month to qualify for a state wildfire insurance fund. That will help it cover damage claims from any future blazes sparked by its power lines.Read More: PG&E Is Set to Exit Bankruptcy, Ending Saga Sparked by Fires“PG&E is committed to emerging from...
* This weekend's Barron's cover story at the high cost of income inequality. * Other featured articles look to play the growing tech divide, industrials for the recovery and biotech's next big run-up. * Also, the prospects for COVID-19 stocks, a boat maker, REITs and more.Cover story "The High Cost of Income Inequality" by Reshma Kapadia suggests that, for stockpickers who always consider long-term trends, it is time to look at economic inequality. What's in store for the likes of Nike Inc (NYSE: NKE) and Tesla Inc (NASDAQ: TSLA)?Eric J. Savitz's "How to Profit From the Growing Divide in Tech Stocks" offers eight cheap tech stocks worth a look because valuation will eventually matter. See how Cloudflare Inc (NYSE: NET), Okta Inc (NASDAQ: OKTA) and others rate.In "4 Industrial Stocks to Bet on a Recovery," Daren Fonda and Al Root point out that high-quality companies like Emerson Electric Co. (NYSE: EMR)...
* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week's bullish calls included the iPhone maker and an e-commerce giant. * An electric vehicle manufacturer and a steel colossus were among the bearish calls.The main U.S. indexes ended the week higher, led by the Nasdaq's 3.7% gain. It was a week in which the Federal Reserve began buying corporate bonds for the first time; major corporations responded to social unrest; the Supreme Court issued decisions; and coronavirus cases were rising rapidly in parts of the U.S. While tensions increased on the Korean peninsula, things might be looking up between China and the U.S.Benzinga continues to examine the prospects for many of the stocks most popular with investors. The following are some of this past week's most bullish and bearish posts that are worth another look.Bulls: A case for significant upside for Apple Inc....
