Power outage cripples San Francisco for hours

Power outage cripples San Francisco for hoursBy Alexandria Sage and Noel Randewich SAN FRANCISCO (Reuters) – A power outage triggered by a fire in a utility substation blacked out much of San Francisco on Friday, paralyzing the city’s technology and finance center, halting its famed cable cars and shuttering major retailers. The utility PG&E Corp reported a fire and a circuit-breaker failure at a San Francisco substation, with a series of outages hitting the Bay Area city shortly after 9 a.m. (noon ET/1600 GMT) and ultimately cutting power to some 90,000 customers. “It’s pretty big, seems like half the city has no power,” said King Lip, chief investment officer at Baker Avenue Asset Management in San Francisco.

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