Bloomberg California is bracing for another afternoon of blistering weather and potential blackouts as officials urge people to conserve power and forecasters warn of a brutal summer ahead. Grid officials said they don’t expect rolling outages, either. Still, they’re urging consumers to curb power use, especially in the early evening when solar production fades and temperatures are expected to be ...

Bloomberg PricewaterhouseCoopers LLP (PwC) is investing $12 billion across its global business in an overhaul targeting better audits, digitisation of services and greener operations. The professional-services provider will hire 100,000 employees and develop the skills of existing staff over the next five years as it seeks to respond to the post-pandemic operating environment, it said in an emailed statement. “We will ...

Bloomberg General Motors Co is raising the stakes in the electric-vehicle race, boosting its investment in future technology for a second time in eight months with plans to spend $35 billion on more than 30 plug-in vehicles by 2025 and a total of four battery plants. The automaker said the stepped-up investment reflects stronger-than-expected financial results for the year. Higher ...