pg&e corporation

California governor rejects PG&E's plan

California Gov. Gavin Newsom has rejected the bankruptcy reorganization plan proposed by utility giant Pacific Gas and Electric, saying that the proposal would not result in a "company positioned to provide safe, reliable and affordable service to its customers."

California utility PG&E to pay $13.5B

California utility giant Pacific Gas and Electric has agreed to pay $13.5 billion to individuals affected by several recent fires in the state, the company announced Friday night.

PG&E CEO apologizes: 'The buck stops with me'

Pacific Gas & Electric CEO Bill Johnson has issued a public mea culpa after a very bad week in which employees of California's largest utility have been cursed at and attacked, its vehicles fired upon and offices egged.