Pacific Gas & Electric Corp., the largest utility in the U.S. with 16 million customers in California, filed for Chapter 11 bankruptcy protection on Tuesday, citing liabilities from a series of wildfires in the state. PG&E said its operations and services will be unaffected by the reorganization process, which it expects will take about two years.

PG&E estimates that it faces $30 billion in potential damages from 2017 and 2018 wildfires tied to its infrastructure, but about $15 billion of that was from one fire — 2017's deadly Tubbs fire in northern California wine country — and the California Department of Forestry and Fire Protection said last week that a private electrical system, not PG&E equipment, was the cause of that blaze. Cal Fire has not yet released its finding on 2018's Camp Fire, the deadliest in state history, but PG&E's infrastructure is suspected in that fire.

Critics say PG&E's bankruptcy filing is aimed at getting concessions from California lawmakers or regulators and lowering the payout to wildfire victims, who will now have to compete with PG&E's creditors in bankruptcy court. The last time PG&E filed for Chapter 11 reorganization, in 2001 during the Enron-linked energy crisis, it emerged from bankruptcy three years later with investors largely repaid but customers paying higher rates. PG&E customers are expected to pay more for their electricity after this reorganization, too. Peter Weber

In his first speech since he filed to enter the Alabama primary as a Democratic president candidate, billionaire Michael Bloomberg apologized for implementing a controversial "stop and frisk" policy during his tenure as New York City mayor, The New York Times reports.

Bloomberg was speaking at the Christian Cultural Center, a black megachurch in Brooklyn where his former adviser, the Rev. A.R. Bernard serves as pastor. "I didn't understand back then the full impact that stops were having on the black and Latino communities," he said from the pulpit. "I was totally focused on saving lives — but as we know: good intentions aren't good enough."

The policy gave the New York Police Department the power to stop and question anyone they suspected of a crime, and its enforcement resulted in racial disparities. For example, the Times notes that of the 575,000 "stop and frisks" conducted in 2009, black and Latino people were nine times as likely to be questioned by police, even though they were no more likely to be arrested after being stopped.

Bloomberg had defended the policy until Sunday, which has led to speculation that the speech was an indication that he is indeed serious about jumping into the Democratic presidential primary.

Bloomberg filed to be on the ballot in Alabama, but has not officially entered the race.

After the speech, Bernard reportedly asked the crowd to show some enthusiasm for Bloomberg, though the Times reports that the applause was "tepid." Read more at The New York Times. Tim O'Donnell

Another week, another box office bomb.

Charlie's Angels underperformed at the box office this weekend by taking in just $8.6 million in its debut, Variety reports. The reboot from Sony starring Kristen Stewart, Naomi Scott, Ella Balinska, and Elizabeth Banks came in behind Ford v Ferrari and Midway, the latter of which opened last week.

This is the third week in a row that a major studio movie based on a well-known property tanked, The Hollywood Reporter notes. Last week, Doctor Sleep, the sequel to The Shining that adapted Stephen King's book of the same name, also opened below expectations with a weak $14 million debut. The week prior, Terminator: Dark Fate lived up to its title by debuting to just $29 million, meaning this version of the franchise likely won't be back as the film is expected to lose around $100 million.

All of this is despite the fact that each of these films received at least decent reviews. Doctor Sleep and Terminator: Dark Fate both earned fresh scores on Rotten Tomatoes, meaning 60 percent or more of critics recommended them, while Charlie's Angels is currently just barely short of that distinction with a 59 percent approval rating. All three were also based on established intellectual property, though as has been clear this year with other bombs like Men in Black: International, that's not always enough to drive increasingly streaming-centric audiences out to theaters.

All eyes once again are on next week's Frozen 2, as the sequel is expected to easily clear $100 million in its opening weekend and continue Disney's year of utter box office domination while many of its competitors are increasingly left out in the cold. Brendan Morrow

Moderate Democrats have gotten bolder in recent weeks, sensing an opening in the party's presidential primaries. Billionaire and former New York City Mayor Michael Bloomberg is considering jumping into the race and even filed to be on the ballot in Alabama, while former Massachusetts Gov. Deval Patrick (D) has officially announced his candidacy.

With former Vice President Joe Biden scuffling a bit, and the failure of any other more centrist candidate aside from South Bend, Indiana, Mayor Pete Buttigieg to step up and challenge him for those votes, it might seem like a good idea for people like Bloomberg, Patrick, or even Hillary Clinton to throw caution to the wind and run. But FiveThirtyEight's Nate Silver isn't so sure, especially in Patrick's case.

Silver points to Sens. Kamala Harris (D-Calif.), Amy Klobuchar (D-Minn.), and Cory Booker (D-N.J.) as candidates with similar pedigrees and positions to Patrick (in that they aren't too far to the center, but also are not strikingly progressive) who have struggled. In an appearance on ABC's This Week on Sunday, Silver suggests that the senators are all perfectly good candidates in a vacuum, but they just can't compete with the bigger names like Biden or Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.). As for Patrick? Silver doesn't think he carries the heavyweight reputation to do any more damage than the others who have struggled to make a dent.

Patrick probably doesn't completely disagree with Silve's analysis. He's described his campaign as a "Haily Mary."

Hopefully most of Sunday's NFL drama stems from tightly contested games, rather than any dangerous extracurricular activities after the whistle. Here are four Week 11 games to watch.

Baltimore Ravens vs. Houston Texans, 1:00 p.m. E.T. on CBS — This might be one of the best games of the season let alone this week. Ravens quarterback Lamar Jackson has entered the MVP conversation, but Houston's signal caller DeShaun Watson has also emerged as one of the game's best players. On paper, this one projects to be a joy to watch as two of the game's brightest young stars go at it for the 7-2 Ravens and 6-3 Texans.

Indianapolis Colts vs. Jacksonville Jaguars, 1:00 p.m. E.T. on CBS — These two division rivals will face off with the playoffs on their minds and their quarterbacks returning to the field. Jacksonville will get prized free agent acquisition Nick Foles back after he suffered a broken collar bone in the first game of the season. Jacoby Brissett will slot back in under center for Indianapolis after missing last week's humbling loss to the Miami Dolphins. The 4-5 Jaguars and 5-4 Colts are two talented teams that have had up-and-down seasons so far, so this game could turn the tide for either.

Philadelphia Eagles vs. New England Patriots, 4:25 p.m. E.T. on CBS — The Patriots will look to avenge their first loss of the season against Baltimore two weeks ago while simultaneously paying the Eagles back for beating them in Super Bowl LII. The Eagles, meanwhile, are seeking their third straight win as they look to duplicate last year's late season surge.

Los Angeles vs. Chicago Bears, 8:20 p.m. E.T. on NBC — The primetime game features two teams suffering through disappointing seasons. But there's a ray of hope for each side, as they aim to repeat their playoff runs from last season. After four straight losses, the 4-5 Bears finally got a win against the Detroit Lions last week, while the 5-4 Rams are coming off a loss where they were stifled by the Pittsburgh Steelers defense. Tim O'Donnell

President Trump is usually the one hurling insults at former Vice President Joe Biden, but on Sunday he actually defended his potential general election opponent — at least somewhat.

Earlier this week, North Korean state media described Biden as a "rabid dog" who should be "beaten to death with a stick." Trump was late to the news, but when he caught wind of it Sunday morning, it proved to be too much even for him. Trump's defense of Biden wasn't exactly ardent or inspiring, but it's reassuring to learn that he doesn't agree with Pyongyang on this one, despite his normally negative feelings about Biden.

Still, the president made sure everyone knows he still doesn't think highly of Biden. He also got a word in there about how he alone is capable of solving the U.S.-North Korea stalemate, implying that if North Korea waits around for a Democratic candidate like Biden to get elected, there will never be a satisfactory deal. Tim O'Donnell

There's been another changing of the guard in Iowa.

South Bend, Indiana, Mayor Pete Buttigieg took the lead for the first time in the latest Democratic primary poll out of Iowa. The Des Moines Register/CNN/Mediacom poll, released Saturday, showed the mayor surging to the top ahead of Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) and former Vice President Joe Biden.

It doesn't look like a fluke, though there's been some fluctuation in Iowa throughout the primary's early going. Buttigieg took a relatively commanding lead over the field for the time being, receiving support from 25 percent of likely Iowa caucusgoers in the poll, a startling 16 point leap from his September standing. Warren, who was leading the September poll, fell by six points into second place at 16 percent, while Biden and Sanders were right behind her at 15 percent. Biden, the early frontrunner, fell another five percentage points, but Sanders picked up four.

The poll was conducted between Nov. 8-13, and 500 likely Iowa Democratic caucusgoers were surveyed. The margin of error was 4.4 percentage points. Read more at Des Moines Register. Tim O'Donnell