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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How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
The Evacuation App That’s Saving Lives in the L.A. Wildfires
Government agencies were slow to adapt Genasys Protect, created by two tech industry veterans at the request of a fire chief. But the app, which guides people to safety, has proved its value.Inc. - Jan. 10 -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - Jan. 10 -
Maps show how dry the Southern California is, as L.A. wildfires burn
Dry vegetation helped fuel fires that spread through the Los Angeles area in early January 2025.CBS News - Jan. 10 -
California official bans insurance cancellations, nonrenewals in wildfire-affected areas
California's insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by devastating wildfires in and around Los Angeles. “I am using my ...The Hill - Jan. 10 -
Veterinarian takes in dozens of pets as L.A. wildfires devastate the region
As the most destructive wildfires in L.A. history continue to ravage the region, veterinarian Dr. Annie Harvilicz is rescuing and caring for pets caught in the chaos. Harvilicz has taken in 40 ...CBS News - 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 -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS 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 -
At least 10 dead in L.A. wildfires as strengthened winds complicate firefighting efforts
180,000 evacuation orders have been prompted by 5 blazes across the county, with the largest fire only 6% contained.NBC News - Jan. 10 -
LA wildfire damages set to cost record $135bn
Some of the most expensive properties in the US have been wiped out by the fires.BBC News - 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 -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Want to land a remote job in 2025? These 20 companies are hiring—some jobs pay over $100,000
FlexJobs saw a 20% increase in the number of remote job listings in 2024 over 2023 — up 9% from the year prior.CNBC - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7