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California state called for spreading wildfire costs 'broadly' — and PG&E stock jumped 20%

Jeff Daniels

California Gov. Gavin Newsom releases a wildfire report that slams PG&E for its role in major blazes and suggests the state could push to break up the utility. Shares of PG&E shoot up 20% in trading Friday after the report is released. LOS ANGELES — California Gov. Gavin Newsom on Friday released a wildfire report that slams PG&E PCG for its role in major blazes and suggests the state could push to break up the utility.