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California’s Newsom Draws Tepid Approval on Fires, Blackouts

(Bloomberg) -- Governor Gavin Newsom is drawing lukewarm approval of his handling of the mass power shutoffs and wildfires that have had pundits declaring California on the brink of ruin.In a poll by the Public Policy Institute of California, 46% of likely voters disapprove of the way he’s tackled the problem, while 42% approve and 12% don’t know. That’s in line with their take of his overall performance, which hasn’t changed much this year, with 48% of likely voters saying they approve of his job as governor so far.Stakes are high for the Democrat who took office in January weeks before the bankruptcy filing of PG&E Corp., the utility facing billions of dollars in liabilities from fires its equipment ignited. Already, the combined impact of this year’s fires and power shutoffs intended to prevent more blazes could put such a large dent in California’s economic output that the state might underperform...