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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Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
More than 15,000 doctors sign letter urging Senate to reject RFK Jr. as health secretary
President-elect Donald Trump's pick of Robert F. Kennedy Jr. for secretary of health and human services has drawn the ire of health care professionals.NBC News - Jan. 9 -
California wildfire victims face uncertain future: "It looks like a war zone"
While many who evacuated from the fires in California don't know if their homes survived, others found a way back — only to see that there was nothing left. For those who found their house was ...CBS News - Jan. 9 -
Fire official gives update as deadly wildfires rage through L.A. area
Los Angeles Fire Department public information officer Captain Adam Van Gerpen speaks to "CBS Mornings" about the latest in the fight to control the raging wildfires burning through the L.A. area.CBS News - Jan. 9 -
L.A. wildfires spread and Jimmy Carter funeral: Morning Rundown
The Palisades Fire becomes the most destructive in L.A. history as firefighters battle blazes across the city.NBC News - Jan. 9 -
Consider flipping your 60/40 portfolio to 40/60 as bonds become more attractive than stocks
It’s no longer the glory days for the classic 60/40 investment strategy.MarketWatch - Jan. 9 -
Los Angeles official says wildfires are "nothing like" anything she's seen before
Los Angeles officials briefed reporters about the wildfires scorching the area in Southern California. Los Angeles County is under a state of emergency as the flames are upending the lives of tens ...CBS News - Jan. 8 -
LA’s night of horror as furious wildfires ignited: ‘Never seen anything like this’
At least five people are dead and several injured as multiple fires burn, including most destructive in city’s history. California wildfires: live updates Los Angeles firefighters were already ...The Guardian - Jan. 9 -
VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - Jan. 8 -
Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.The New York Times - Jan. 8 -
Wildfire turns scenes of L.A. into a nightmare of burning homes and fleeing residents
At least two people are dead, hundreds of buildings have burned and tens of thousands of Southern Californians remain under evacuation orders after fast-moving wildfires exploded in the Los Angeles ...NBC News - Jan. 8 -
Clippers' Kawhi Leonard stepping away from team to be with family evacuated from L.A. wildfires, per report
As of Wednesday, 70,000 residents have been ordered to evacuate Los Angeles CountyCBS Sports - 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 -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - Jan. 8 -
Deadly Eaton Fire burns more than 10,000 acres
The Eaton Fire has spread across 10,000 acres, according to officials, and at least two deaths have been confirmed. CBS News Los Angeles' Joy Benedict reports.CBS 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 -
BAFTA Tea Party, key stop in the Oscar race, canceled due to L.A. wildfires
Saturday's event, an annual mainstay of the awards circuit, has been canceled amid the L.A. wildfires, the organization announced Wednesday.Los Angeles Times - Jan. 8 -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - Jan. 8 -
Redick says family evacuated due to L.A. wildfires
Lakers coach JJ Redick called attention to the wildfires in the Pacific Palisades, saying his family was among those forced to evacuate.ESPN - Jan. 8 -
More fizzle than pop: the limits of Nicole Kidman’s erotic drama Babygirl
Despite bold scenes for mainstream American cinema, the sexy dom/sub age-gap film can’t quite figure out what it’s saying about desire. Arguably the most transgressive scene in Babygirl , A24’s ...The Guardian - Jan. 8 -
L.A. officials report civilian fatalities and '0% containment' for wildfires
Los Angeles officials gave an update on the wildfires in California, reporting that there are multiple injuries and two reported fatalities from the Eaton Fire as it grows with "0% containment."NBC News - Jan. 8 -
L.A. County Supervisor Lindsey Horvath on the latest wildfire conditions
L.A. County Supervisor Lindsey Horvath provides an update on the Palisades fire and other wildfires wreaking havoc across the region.CBS News - Jan. 8 -
Wildfires Roar Through L.A., and Trump Floats U.S. Expansion
Plus, the end of Facebook fact-checking.The New York Times - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
11 More of the Most Fun Things We’ve Seen at CES
As our week in Las Vegas winds to a close, here’s a final look at the most clever, smart, and forward-looking tech at CES 2025.Wired - Jan. 8 -
What could Trump’s ‘big, beautiful bill’ look like?
President-elect Trump said that Republicans are working to craft a “powerful” piece of legislation to advance his agenda. Republicans had already begun preparing to use a special procedure known as ...The Hill - Jan. 8 -
2025 NFL playoffs: Ranking the five teams most likely to win their first Super Bowl this postseason
Twelve teams have never won the Super Bowl, and five of them just made the playoffsCBS Sports - Jan. 8 -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - Jan. 8 -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
KNBC coverage of L.A. wildfires, driven by powerful winds
Watch live KNBC coverage as multiple wildfires are engulfing the Los Angeles area, prompting mandatory evacuations and leaving millions of people under red flag warnings.NBC News - Jan. 7 -
L.A. wildfires rapidly grow with worst winds still to come
Powerful winds whip up a fire in the coastal Pacific Palisades neighborhood of Los Angeles, forcing residents to evacuate.NBC News - Jan. 7 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
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 -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7