Friday's Weather Rating: 1/10 Good grief. Periods of rain with flooding likely and locally significant flash flooding possible. Damp, humid and cloudy all day with an onshore breeze. The vibes have floated away.

Patti Poppe staked her legacy at PG&E on a pledge that the company will bury 10,000 miles of power lines. Now, that plan is in jeopardy as regulators debate significantly restricting the number of lines it can bury in the coming years. My latest: wsj.com/business/energ…

Sad for us, but happy for you Rachel Butt. Congratulations!

Get excited everyone! Max is one of the best in the business.

Tonight's the night. THE BUSINESSWEEK SHOW debuts at 10:30 EST on Bloomberg TV. Please watch. Please tell your friends. And if your bedtime is early: There's also a livestream online at 8:30 tonight. You'll find it right this way bloomberg.com/originals/live

Exclusive: A #UNC freshman was found unconscious in a #Duke dorm room in March and died two days later of a drug overdose. Neither university said anything publicly about her death until contacted by The Assembly. By Charlotte Kramon & Michael Hewlett. theassemblync.com/education/high…

The creators of South Park are in discussions with Carlyle Group for a private loan totaling around $800 million that would be used in part to refinance an existing credit facility. bloomberg.com/news/articles/… #southpark #casabonita #bookofmormon

The creators of South Park are in discussions with Carlyle for a private loan totaling around $800 million that would be backed by would be backed by the IP from the TV show and Casa Bonita restaurant SCOOP from Erin Hudson Paula Seligson Lucas Shaw bloomberg.com/news/articles/…

#newprofilepic

Blue Owl is among firms weighing an acquisition of European direct lender Hayfin New w/ Silas Brown 👇 $OWL bloomberg.com/news/articles/…

Just discovered that GPT4 now has DALL-E and...I'm sorry

Citi is in discussions to start a private credit strategy in early 2024. Initiative could include one or multiple external partners & use of own balance sheet. Scoop via ⁦Paula Seligson⁩ bloomberg.com/news/articles/…

🧵 On NYE 2020, a group of teens from the same Long Island high school discovered they’d become victims of violent deepfake porn. That’s where our story starts. But it twists and turns in so many unexpected ways.. Read my latest in Businessweek with @MargiMurphy bloomberg.com/news/features/…

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“Yet another Flood Watch is in effect for NYC with periods of torrential rain likely later today.”

1/ Even though Rite Aid's bankrupt, its CEO is making $300,000 a month. Its lawyers are making $2,000 an hour. Lenders are making millions. But thousands of opioid victims who have sued the company are expected to get nothing at all. Gift link --> bloomberg.com/news/features/…

For anyone that is wondering the original story Bill Ackman Anthony Scaramucci and Michael Saylor are talking about and wants to learn more, here is the link to that article: bloomberg.com/news/articles/…