California Governor Rejects PG&E’s Restructuring Proposal
PG&E Corp. workers look at a map as they prepare to energize power lines in Calistoga, California, U.S. (Photographer: David Paul Morris/Bloomberg)

California Governor Rejects PG&E’s Restructuring Proposal

(Bloomberg) -- California Governor Gavin Newsom rejected PG&E Corp.’s proposed restructuring plan on Friday, dealing a major blow to the power giant as it tries to exit the biggest utility bankrupt...
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