Latest in L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
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Laptops Likely to Cost More Due to U.S. Tariffs on Chinese Imports
It’s not just electronics. Toys, fast fashion, home supplies and car parts could get pricier, too.Inc. - 3h -
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of productsABC News - 15h -
After Fires, L.A. Small Business Owners Struggle to Regain Their Footing
After the devastation throughout parts of the city, a variety of aid measures are available as recovery efforts begin.Inc. - Jan. 29 -
The Los Angeles wildfires destroyed more than buildings
Leveling and rebuilding buildings will take several years. But restoring communities will take much longer.The Hill - Jan. 29 -
ASML CEO sees low-cost AI models like DeepSeek driving more demand — not less
Without addressing the specifics of DeepSeek's model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.CNBC - Jan. 29 -
Insurer Chubb puts a price tag on its share of L.A. wildfire woes
Insurer Chubb Ltd. has estimated its costs related to the Los Angeles fires to be around $1.5 billion before taxes.MarketWatch - Jan. 29 -
Conditions that fueled L.A. fires were 35% more likely because of climate change, scientists find
The hot, dry and windy conditions that preceded the Southern California fires were about 35% more likely because of climate change, according to a new report.NBC News - Jan. 28 -
Healthy food costs more than double less healthy options
Low-income families are being priced out of being able to afford to eat healthily, a charity warns.BBC News - Jan. 28 -
This missile maker has a backlog of more than $200 billion, with ‘unprecedented’ demand for more
RTX shares zoomed toward a record high Tuesday after the defense and aerospace giant guided for a strong 2025, with backlog of more than $200 billion between its aviation and defense businesses.MarketWatch - Jan. 28 -
Chiefs went more than 2 months between turnovers, but cough it up vs. Bills
The Chiefs had a long streak without a turnover snapped.Yahoo Sports - Jan. 27 -
As wildfire damage climbs to $40 billion, homeowners face higher insurance costs
S&P Global expects home insurance rates to be ‘heavily impacted’ by LA wildfiresMarketWatch - Jan. 24 -
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.MarketWatch - Jan. 24 -
The Cost of the Los Angeles Fires Is Looking Like $30 Billion—and Counting
While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at upward of $250 billion.Inc. - Jan. 23 -
Three reasons to root for Bills in AFC Championship: Fresh faces, chance to join Bills Mafia, more
Here's why you should join Bills Mafia, at least for this weekendCBS Sports - Jan. 23 -
Bills fans help raise more than $77,000 for Mark Andrews-backed charity after his drop in playoff loss
Mark Andrews dropped what would've been a game-tying 2-point conversion on Sunday in their playoff loss to the Bills.Yahoo Sports - Jan. 22 -
Insurers Were Right About California’s Wildfires
Regulators in California made it difficult for insurers to raise rates despite increasing risks. So the insurers stopped writing policies, which is logical. But they’ll get blamed and shamed anyway.Inc. - Jan. 21 -
L.A. area braces for more high winds and heightened wildfire risk
The Palisades and Eaton wildfires continue burning in the Los Angeles area as Southern California prepares for increased fire danger.CBS News - Jan. 20 -
More homeowners are being denied insurance. The L.A. fires can be a turning point.
Government should focus on these 3 questions to help find solutions.MarketWatch - Jan. 18 -
Google Maps is turning 20 — it's mapping three more countries and adding AI capabilities
As Google Maps turns 20, it's mapping more countries and rolling out generative AI capabilities to keep dominance as the world's top navigation appCNBC - Jan. 18 -
The Cost of Surviving a Wildfire
Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.The New York Times - Jan. 17 -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - Jan. 17 -
'Saturday Night Live' is more than a show, it's a world. And there's nothing like it
The sketch comedy show is celebrating 50 seasons with two documentaries and an upcoming prime-time special that reflect on its standing as an American institution.Los Angeles Times - Jan. 17 -
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
A new Treasury Department analysis looks at how climate-related disasters affected 246 million insurance policies.MarketWatch - Jan. 17 -
Mace immigration bill gets support from more than 60 Dems
Rep. Nancy Mace’s (R-S.C.) bill titled Preventing Violence Against Women by Illegal Aliens Act passed in a 274-145 vote Thursday with more than a quarter of Democrats voting in support. The new ...The Hill - Jan. 16 -
L.A. Wildfire Victims Need Cash More Than Used Clothes: How to Help
After natural disasters, relief organizations are overwhelmed by clothing donations. Aid groups in Southern California say money is more helpful.The New York Times - Jan. 16 -
Wildfires in L.A.: Where Small-Business Owners Can Find Aid, Even If Insurers Are Squeezed
Despite insurers’ retrenchment in California, the onus is still on them to make their claimants whole, an insurance industry watchdog says.Inc. - Jan. 15 -
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 - Jan. 13 -
‘Our computer sampler cost more than a house!’: how the Korgis made Everybody’s Got to Learn Sometime
‘I wrote it in 20 minutes one Sunday morning and there have now been more than 50 cover versions. My favourite is the brooding one Beck did for Eternal Sunshine of the Spotless Mind’. We’d had a ...The Guardian - Jan. 13 -
Three things that could make a Gaza hostage deal more likely
There is fresh anticipation about the talks after several shifts, both politically and on the ground.BBC News - Jan. 13 -
Are arsonists responsible for the L.A. wildfires?
Fire investigators are working to determine whether the Los Angeles blazes were the result of an intentional act, an accident or damaged utility lines.NBC News - Jan. 13 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
The TikTok Ban Is More Likely Than Ever
While Supreme Court justices pressed both sides in Friday’s oral arguments, experts say it’s hard to see how TikTok gets enough votes to survive.Wired - Jan. 10 -
‘Last three days have felt like a nightmare’: L.A. councilwoman describes wildfires
Los Angeles Councilwoman Traci Park, who represents the Pacific Palisades, was out surveying the wildfire damage and described the current situation as “a nightmare that no one can wake up from.”NBC News - Jan. 10 -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
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 - Jan. 10 -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - Jan. 10 -
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 -
Four fires grow, forcing more than 80,000 evacuations around L.A.
A fire in the Pacific Palisades area of Los Angeles has forced some residents to evacuate amid "life-threatening and destructive" winds.NBC News - Jan. 8 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7