The catastrophic wildfires in Los Angeles County have rocked the stock of Edison International, the parent company of Southern California Edison.
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.
Edison International’s bonds weakened on Monday relative to Treasuries, extending a week of losses, after its utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of the wildfires burning around Los Angeles.
Edison International — the parent company of the utility Southern California Edison — has seen its stock remain under pressure as lawsuits begin over its potential role in the fires that have ...
Southern California Edison and its predecessor companies have been powering the lives of Angelenos going back to late 1880s, just a few years after Thomas
Edison International's shares underwent a notable ... by California fire authorities searching for potential link to the Los Angeles wildfires. Market Domination's Julie Hyman and Josh Lipton ...
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.