Shares of California utility Edison International drop 10% as wildfires rage

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  California fires live: five people killed and landmarks threatened as wildfires rage across Los Angeles

  Now 130,000 people under evacuation orders as communities affected from the Pacific Coast to inland Pasadena. Full report: overwhelmed firefighters struggle to contain blazes Visual explainer: ...
  
  The Guardian - 22m
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  LIVE: 5 dead amid raging Southern California wildfires

  24/7 coverage of breaking news and live events
  
  ABC News - 9h

• Power lines fell as Palisades Fire raged in California

  The Palisades Fire, which is spreading into Malibu, downed power lines and charred homes as residents tried to evacuate. CBS News Los Angeles' Michele Gile reports
  
  CBS News - 11h
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  Shares of California utility Edison International drop more than 10% as wildfires rage

  Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...
  
  NBC News - 12h
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  Trump blames Newsom for California's raging wildfires

  President-elect Trump blamed California Gov. Gavin Newsom (D) for the massive wildfires that are blazing through the Los Angeles area, arguing he should have signed a declaration to pump more water ...
  
  The Hill - 14h
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  Wildfires in Southern California

  Plus, we explain why Facebook is getting rid of fact-checking.
  
  The New York Times - 15h
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  What We Know About the Wildfires Raging in Southern California

  The fast-moving fires are intensifying because of fierce winds, the strongest in Southern California in more than a decade.
  
  The New York Times - 18h
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  California fire forecast: Wind speeds remain high as wildfires rage

  A damaging Santa Ana wind event was peaking early Wednesday and was expected to stay strong through early afternoon.
  
  ABC News - 19h

• FirstFT: California declares state of emergency as wildfires rage

  Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executive
  
  Financial Times - 21h

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• Fed officials are worried about the inflation impacts from Trump's policies, minutes show

  The Federal Reserve on Wednesday released minutes from its December meeting.
  
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• Musk is courting the far right in Germany — and there's not much European leaders can do about it

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• Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped

  In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.
  
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• Asia's central banks face a formidable challenge: An ascendant U.S. dollar

  A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.
  
  CNBC - 3h

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• Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports

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