1. All Eyes on California as PG&E Cuts Deal on Board Overhaul

    All Eyes on California as PG&E Cuts Deal on Board Overhaul

    (Bloomberg) -- After a weeks-long battle, bankrupt power giant PG&E Corp. has struck a deal with a group of investors to hire a chief executive officer and form a new board that will lead the company through the biggest utility bankruptcy in U.S. history. Now it just has to sell the slate to California’s leaders...

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