Latest in How wildfires increase financial risk for utility companies
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Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - 2h -
How a Company Makes Millions Off a Hospital Program Meant to Help the Poor
A private business has helped supercharge a controversial federal drug program. Patients and insurers have been left with big bills.The New York Times - 2h -
Wrongful death lawsuit filed against California power company over wildfires
Blame is starting to be placed on California power companies and others for not doing more to save lives in the early stages of the Los Angeles-area wildfires. Multiple lawsuits have been filed, ...CBS News - 3h -
How wildfires increase financial risk for utility companies
As extreme blazes happen more frequently, the sector faces costly litigation and damages to infrastructureFinancial Times - 7h -
Entertainment, tech companies donate millions to LA wildfire relief effort
Companies are pledging millions in donations to aid relief efforts for victims of the Los Angeles wildfires.CNBC - 22h -
How Financial Shock Therapy Has Changed the Premier League
Profit and sustainability rules caused chaos last year — but clubs have learned their lessons.The New York Times - 1d -
How to shockproof the UK economy’s exposure to global risks | Mohamed El-Erian
As with US bond yields, the UK economy risks catching cold whenever anywhere else sneezes – but Britain can insulate itself better. The British government was right to describe the recent bout of ...The Guardian - 1d -
Possible links between utility companies and LA wildfires under investigation
Investigators have not determined causes of any of the Los Angeles County fires yet.ABC News - 2d -
How the Rising Number of Bogus, Ghost Job Listings Threatens Company Reputations
Ads for jobs that don’t exist—or are never filled—keep proliferating, frustrating hiring platforms and job seekers.Inc. - 3d -
Tyler Perry knocks insurance companies over policy cancellations ahead of wildfires
Tyler Perry is ripping the "pure greed" of insurance companies for canceling homeowners' policies ahead of the devastating wildfires in California. "Watching a daughter use a garden hose to try and ...The Hill - 3d -
Axos Financial: how the US bank became one of Trump’s biggest backers
The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey. As the dust started to settle after the deadly 6 January Capitol attack in 2021, ...The Guardian - 3d -
What to know about health risks from California wildfire smoke
CBS News chief medical correspondent Dr. Jon LaPook joins "CBS Mornings" to discuss growing air quality concerns in Southern California as the wildfires continue to burn.CBS News - 3d -
Wellema Hat Company Destroyed by Los Angeles Wildfires
The Wellema Hat Company was one of many local Los Angeles businesses destroyed by this week’s fires. Now its founders are figuring out how to — or even if they can — start over.The New York Times - 5d -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - 6d -
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.MarketWatch - 6d -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - 6d -
The Big Question: How much sick pay should companies offer?
Policies vary dramatically between different countries, but striking the right balance is hardFinancial Times - 6d -
See how large the California wildfires are
See how large the wildfires have become. The Palisades Fire is already larger than the land size of Providence, Rhode Island.NBC News - 6d -
How to donate to LA wildfire relief
A swarm of winter wildfires ravaged America's most heavily-populated county to start 2025, scorching cars, banks, bungalows and multi-million dollar mansions.The Hill - Jan. 9 -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
California wildfire forecast: LA under critical fire risk with gusty winds forecast
High pressure is building from the north and that will help to tighten the pressure gradient over southern California, producing more gusty winds.ABC News - Jan. 9 -
Doctor on the air quality risks amid wildfires in Los Angeles County
Millions of Los Angeles County residents are facing extremely hazardous air quality as wildfires continue to burn. The air quality index in Los Angeles on Wednesday was 178, which is considered to ...CBS News - Jan. 8 -
How to help victims of LA wildfires
The Red Cross Cross and Salvation Army are already mobilizing to help victims.The Hill - Jan. 8 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
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 - Jan. 8 -
Energy & Utilities Roundup: Market Talk
Read about oil prices, Phillips 66, PTT Global Chemical and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - Jan. 7 -
How a Silicon Valley financial backer orchestrated a plot to take down a rising startup
Financial backer Denis Grosz thought he was going to generate big returns from his bet on a company called Toptal, until he got sued for his actions.CNBC - Jan. 7 -
How to achieve your financial goals in 2025
CBS News business analyst Jill Schlesinger shares tips for saving, paying down debt and more in 2025 to help you achieve your financial goals.CBS News - Jan. 7 -
How increased Israeli military activity is changing the Middle East
The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...CBS News - Jan. 4 -
Scam Recruiters Are Hiring for Your Company. Here’s How to Fight Back
Employers are collateral damage in a common hiring scam. These scammers can harm prospective hires and damage your company reputation.Inc. - Jan. 4 -
‘A perfect storm’: Extremism online and political polarization are increasing risk of attacks, experts say
The New Orleans attack underscores how extremism online and political division have created a “perfect storm” for radicalization in America, experts say.NBC News - Jan. 4 -
How Much Alcohol Does it Take to Raise Your Cancer Risk?
The surgeon general cautioned the public on Friday that even light or moderate drinking is harmful.The New York Times - Jan. 3 -
The Surgeon General Wants Alcohol Companies to Add a Warning about Cancer Risk
Congress is unlikely to approve new labeling on alcohol anytime soon, but studies linking consumption with cancer put liquor companies in a tough spot.Inc. - Jan. 3 -
Energy & Utilities Roundup: Market Talk
Find insight on oil prices, investments in clean energy and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - Jan. 3 -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - Jan. 3 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1