Los Angeles wildfires cause 10% drop in Edison stock, impacting 401(k) participants with company shares
The onslaught of wildfires in Los Angeles and surrounding southern California communities has caused a dramatic drop in the stock of Edison International, the utility that serves much of the affected area, affecting the utility’s 401 (k) plan investors who hold company stock.
A new brush fire ignited in the Woodland Hills neighborhood in northern Los Angeles, immediately prompting mandatory evacuation orders.
A fast-moving fire broke out in the Hollywood Hills, threatening one of Los Angeles' most iconic spots as firefighters ...
As homes and businesses are incinerated, life grinds to a halt in the smoldering entertainment capital. Among those who have ...
Edison International and other utilities are expected to trade at a wider discount to the benchmark S&P 500 utilities index than before as wildfires burning across California underscore the risks of ...
The fire broke out in the Pacific Palisades neighborhood around 10:30 a.m. on Jan. 7 and since grew to nearly 3,000 acres.
The number of California homes and businesses without electricity ballooned to more than 400,000 on Wednesday, as multiple wildfires raged uncontrollably around Los Angeles. At least six fires have ...
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