California Gov. Gavin Newsom News

Pace of COVID-19 Claims in Calif. Slower than Projected So Far

California workers had filed 5,093 COVID-19 workers’ compensation claims as of Tuesday, according to the state Department of Industrial Relations, a pace that might lead to a lower impact on costs than projected by actuaries. The potential cost of the …

PG&E Surges on Plan for Board Overhaul in Bankruptcy Exit

PG&E Corp. shares jumped after the company outlined plans to overhaul its board of directors, bring in safety experts and create regional operating units in a broad reorganization proposal aimed at winning state approval for its bankruptcy exit. PG&E detailed …

PG&E Judge Demands Details on Potential Wildfire Payout Conflict

Time is running out for PG&E Corp. to end the biggest-ever U.S. utility bankruptcy, so the company must set reorganization deadlines and explain a potential conflict in its multi-billion dollar payout proposal, a federal judge said Wednesday. U.S. Bankruptcy Judge …