Bloomberg A federal judge is requiring PG&E Corp. to abide by rules governing how the utility operates its power lines in California, seeking to reform what he described as “dismal” management that led to a series of destructive fires over the past two years. US District Judge William Alsup gave PG&E a March 22 deadline to present any arguments as ...

Bloomberg General Electric Co.’s new boss warned of additional cash problems at the ailing company, eroding confidence in a nascent turnaround and sending the shares tumbling. Cash flow from GE’s industrial operations will be negative this year as GE grapples with further challenges in its power business and other operational pressures, Chief Executive Officer Larry Culp said at an industry ...

Bloomberg Tesla Inc. Chief Executive Officer Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter. Many sales personnel first found out about the decision when Tesla published a public blog post, said the people, who asked ...