PG&E CEO leaves as utility prepares to file for bankruptcy

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PG&E stock plunges as utility prepares to file for bankruptcy

By Bloomberg News / Monday, January 14th, 2019 / Comments Off on PG&E stock plunges as utility prepares to file for bankruptcy

By Mark Chediak and Kiel Porter Story updated at 10 a.m. Jan. 14: PG&E stock plunged 50 percent Jan. 14 after it said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its…

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