KEILAR: California's largest utility company has announced it will file for bankruptcy. Pacific Gas & Electric faces billions of dollars in claims over the deadliest fire in state history, the Camp Fire. It was believed this fire was started when a PG&E powerline came into contact with nearby trees. That fire killed 86 people and destroyed 14,000 homes. Shares plunged nearly 50 percent on that bankruptcy announcement. A mass walkout in Los Angeles, 32,000 teachers are on strike. And that leaves 2,400 substitutes to fill in. And 600,000 kids are required to be at school. What does this equal? One very big mess. CNN Correspondent, Stephanie Elam, is there.</s>STEPHANIE ELAM, CNN CORRESPONDENT: Behind me, at this high school here in Los Angeles, this is just some of the 32,000 teachers and their supporters who have turned out to strike today. They are protesting, among other things, the fact they want a pay raise. They've been working since July 2017 without a contract. They've been negotiating with the school district, LAUSD, and that broke down on Friday. And so now they're out here. Also wanting to see that class sizes are reduced and kept smaller. They want nurses at the schools here as well. These are all some of the things that they're looking for. On the other side, LAUSD says while they right now do have a surplus in their budget, they know in a couple of years they will run out of that money. And if they were to meet these demands at this point, they say it would just speed up that process. There has been an impasse and now teachers are at the point where they're saying they have to be out here. They have to be striking to really get people to focus on what their concerns are.</s>KEILAR: Stephanie Elam, thank you for that report. And that's it for me. "NEWSROOM" with Brooke Baldwin starts right now.
Massive Teacher Strike in Los Angeles.