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EIX News Highlights
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Latest EIX News From Around the Web
Below are the latest news stories about EDISON INTERNATIONAL that investors may wish to consider to help them evaluate EIX as an investment opportunity.
Los Angeles wildfires blaze on, strong winds to intensify this weekMore on LA wildfires |
California Fires Highlight Cracks in Utility InfrastructureWith global climate disasters producing $320 billion in insurance losses annually, utilities and independent suppliers may need to double infrastructure spending to adapt. |
Los Angeles Faces Little Relief From Fires as Winds Persist(Bloomberg) -- Dry, hot winds will fan blazes in Los Angeles into midweek — and some forecasts show little relief from the gusts for the rest of January — as Southern California struggles with one of the worst starts to a year for wildfires. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US |
Edison International Provides Latest Update on Southern California Wildfires and SCE Power OutagesROSEMEAD, Calif., January 12, 2025--Powerful winds and several dangerous wildfires continue to create life-threatening conditions in parts of Southern California. |
Los Angeles Fire Pushes Northeast to Threaten Bel Air, Brentwood(Bloomberg) -- The devastating Palisades Fire pushed to the northeast, prompting new evacuations in the ultra-affluent Southern California neighborhoods of Brentwood and Bel Air as the threat of more dry winds raised risks after a brief respite.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for |
LA Homes Near Fire Still Had Power as Winds Rose, Data Show(Bloomberg) -- As attention turns to the causes of this week’s devastating Los Angeles wildfires, evidence has emerged that power lines close to where one of the deadly conflagrations started weren’t shut off, despite warnings about high winds.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for |
The Score: Meta Platforms, Moderna, Edison International and More Stocks That Defined the WeekMeta Platforms is ending fact-checking and speech restrictions across Facebook and Instagram, as Chief Executive Mark Zuckerberg embraces a second Trump presidency. Starting in the U.S., Meta will be replacing fact-checkers with a so-called Community Notes system. Zuckerberg built up Facebook’s content-policing efforts in the wake of Trump’s first presidential election. |
Utility, insurance stocks falling as California wildfires blazeInsurance and utility stocks, like Edison International (EIX), Pacific Gas and Electric Company (PCG), Allstate (ALL), Progressive (PGR), and Travelers (TRV), are under pressure amid the ongoing wildfires in Los Angeles, California. The blazes have been projected to cause up to $150 billion of damages, and at least 180,000 have been evacuated so far. Market Domination Co-Hosts Julie Hyman and Josh Lipton outline what investors need to know. Follow along Yahoo Finance's coverage of the southern California fires, looking into what this could mean for the broader insurance industry as people seek to submit claims for damages: California fires spark insurance crisis, projected losses of $150BInsurance stocks tumble as LA blazes 'among the most costly wildfires' in California historyCaliforn... |
These Stocks Moved the Most Today: Walgreens, Delta, Nvidia, AMD, Constellation Energy, Allstate, Mercury General, Constellation Brands, and MoreWalgreens stock surges following better-than-expected quarterly earnings, Delta forecasts a strong 2025, and shares of chip makers Nvidia and AMD are declining. |
Sector Update: Energy Stocks Mixed Late AfternoonEnergy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index easing 0.1% and th |