Bloomberg Utility giant PG&E Corp. capped its best day since going bankrupt in January thanks to California’s governor. Gavin Newsom called on lawmakers to find a way to help the state’s utilities cover the costs of devastating wildfires — costs so crippling that PG&E was forced to file for Chapter 11 in January while facing $30 billion in liabilities. He ...

Bloomberg North Korean leader Kim Jong-un said he’s willing to hold a third summit with President Donald Trump as long as the US offers acceptable terms for an agreement by the end of the year. In remarks carried by the official Korean Central News Agency (KCNA), Kim said he wouldn’t welcome a repeat of the Hanoi summit in February, when ...

Bloomberg Sudan’s pro-democracy movement claimed the scalp of its second leader in less than a week after the head of a transitional government stepped down to be replaced by another military figure. Defense Minister Ahmed Awad Ibn Auf announced his resignation in a televised speech, less than two days after the army ousted President Omar al-Bashir. The move was met ...