CALIFORNIA’S LARGEST UTILITY PLANS BANKRUPTCY AS CEO MAKES FOR THE EXIT: “Geisha Williams is stepping down as the CEO of PG&E Corp., the largest utility in the U.S., while potential liability over recent California wildfires drives the company into bankruptcy. PG&E announced Williams’s departure Sunday and its plans to file for Chapter 11 bankruptcy a day later. Investigators found that the power utility had caused 17 major wildfires in 2017, and evidence suggests the company may be responsible for others in 2018 as well, The Wall Street Journal reports.”
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