ENERGY

Edison to Take Charge to Cut Its Staff: The Rosemead, Calif.-based utility, parent of Southern California Edison, said it will take the $65-million charge against second-quarter earnings to reduce its nonunion work force through early retirements. Edison International said it does not yet know how many workers will be eligible for the program or, therefore, how many are likely to take the offer. About 55% of Edison’s 16,000 employees are nonunion administrative or management employees. Executives will be ineligible. Edison said it has been looking for ways to cut costs in light of recent regulatory decisions on its rates and on the need for more competition in the state’s electricity market.