The catastrophic wildfires in Los Angeles County have rocked the stock of Edison International, the parent company of Southern California Edison.
Edison International (NYSE:EIX) shares closed little changed Thursday after the California Public Utilities Commission approved an update to Southern California Edison's 2025 wildfire mitigation plan.
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.
The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started,
Edison International's shares underwent a notable sell-off amid escalations in the wildfires that blazed through Southern California. Edison's subsidiary Southern California Edison (SCE ...
Southern California Edison, a unit of utility firm Edison International, on Monday was sued on claims that its electrical equipment started one of the major wildfires raging in the Los Angeles area, according to court filings.
Victims of the Los Angeles wildfires, likely the costliest in U.S. history, are seizing upon a unique California legal doctrine that allows them to collect from their power utility if its equipment caused the blaze -- even if the company did nothing wrong.
Southern California Edison, the electrical utility for Los Angeles, has been sued for its alleged role in starting one of the raging Los Angeles fires that have collectively killed at least 24 people and displaced tens of thousands of people from their homes.
Attorneys for a woman who lost her home in the Los Angeles-area Eaton Fire filed an emergency request late on Thursday for Southern California Edison to preserve additional electrical equipment to be examined in blaze investigations,
Edison International's shares underwent a notable sell-off amid escalations in the wildfires that blazed through Southern California. Edison's subsidiary Southern California Edison (SCE ...
New York, New York-- (Newsfile Corp. - January 18, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation on behalf of shareholders of Edison International (NYSE: EIX) resulting from allegations that Edison may have issued materially misleading business information to the investing public.
State utility regulators will vote Thursday on Southern California Edison's wildfire-mitigation plan, which safety auditors have said does not properly assess the risk of blazes during extreme winds,