- California Governor Gavin Newsom thinks Warren Buffett's Berkshire Hathaway would be a fine owner of troubled natural gas and electricity provider Pacific Gas & Electric. Yesterday, he remarked, "If Berkshire is interested in buying [the company], now is the time to make an offer."
- Mr. Newsom is, undoubtedly, hoping a white knight surfaces that can keep the lights on and wildfires at bay.