Documents filed in a United States bankruptcy court indicate that the bankrupt utility company Pacific Gas & Electric has not been able to reach a settlement with its creditors over billions of dollars it owes under power purchase contracts. PG&E wants the issue settled by the bankruptcy court rather than by the Federal Energy Regulatory Commission. (Reuters)
Cyclone Fani, an extremely severe category 4 storm and one of the strongest in recent years, makes landfall at the coastal town of Puri in the Indian state of Odisha. Eight people have been killed in India, according to the Press Trust of India, and hundreds more injured. Severe damage and flooding has been reported. One million Indians and 2.1 million Bangladeshis have been evacuated. A storm surge possibly up to 1.5m (5ft) is expected. The storm, weakening as it travels northeast through India, is expected to reach Chittagong in Bangladesh Saturday. (Reuters)(BBC News)