California governor threatens state takeover of PG&E
California Gov. Gavin Newsome, L.A. City Councilman Mike Bonin, and L.A. Mayor Eric Garcetti on Oct. 29 in Brentwood, Calif. Photo: Wally Skalij-Pool via Getty Images
Why it matters: The embattled utility company is currently in bankruptcy court over its liability for fires that took place in 2017. At the same time, the company is dealing with the ongoing fire season in California and the added disruption to residents that widespread power shutoffs in October have caused.