PG&E stock jumps 20% after California state report calls for spreading wildfire costs 'broadly'
April 12, 2019 at 18:29 PM EDT
California Gov. Gavin Newsom on Friday released a wildfire report that slams PG&E for its role in major blazes and suggests the state could push to break up the utility. The also said wildfire costs should be spread more "broadly," beyond utilities and even to include government.