PG&E faces potential showdown over its bankruptcy plan
(World News USA)

SAN FRANCISCO (AP) - California Gov. Gavin Newsom is stepping up pressure on Pacific Gas & Electric to fork over billions more in cash to pay thousands of people who lost homes in wildfires that drove the utility into bankruptcy. The rising tensions were scheduled to be aired out in a bankruptcy court hearing Wednesday, but it was abruptly postponed on Tuesday to Nov. 19. The delay could allow the sides to negotiate a compromise on PG&E`s blueprint for its financial revival. If PG&E doesn`t make changes, Newsom is threatening to try to turn the utility into a customer-owned...