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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 - 1h -
Hornets-Lakers postponed due to L.A. wildfires
The NBA has postponed Thursday's game between the Hornets and Lakers in Los Angeles because of the ongoing wildfires in the metropolitan area.ESPN - 1h -
L.A. officials say looters targeting vulnerable communities will be held accountable
Los Angeles County public officials are vowing to crack down on people allegedly stealing from homes as devastating wildfires rip through the region, insisting that lawbreakers will face consequences.NBC News - 2h -
Germany Approves Tribunal to Decide Nazi-Looted Art Claims
The new body will be easier to access and its decisions will be legally binding. But some lawyers and Jewish heirs are not happy with the reform.The New York Times - 2h -
It Is Tearing Me Up Not to Be in L.A. Right Now
Los Angeles may have a reputation for being superficial, but it is in fact a territory that might, at any moment, upend (or even end) your life.The New York Times - 4h -
This country karaoke night in L.A. is a rootin', tootin' hootenanny with a queer twist
A honky tonk atmosphere meets the queer community when the KFM Country Karaoke Revue gets going at Permanent Records Roadhouse in Glassell Park.Los Angeles Times - 9h -
Oscar nominations delayed, voting extended due to L.A. fires
In a letter to members Wednesday, film academy Chief Executive Bill Kramer announced the postponement and offered condolences to those affected.Los Angeles Times - 21h -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 21h -
Eames House and other L.A. cultural gems threatened by fire: status updates
The Getty Villa, Gamble House, Norton Simon Museum, Descanso Gardens and Huntington Library, Art Museum and Botanical Gardens are among the cultural destinations threatened by fires in the L.A. area.Los Angeles Times - 23h -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 1d -
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 - 1d -
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 - 1d -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - 2d -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - 2d -
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 - 6h -
What we know on L.A. fire evacuations, maps, causes and more
Fueled by powerful winds and dry conditions, a series of ferocious wildfires erupted Tuesday and roared across the Los Angeles area, destroying hundreds of homes and killing at least five people.NBC News - 6h -
L.A. wildfires have caused more than $50 billion of economic loss — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - 7h -
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 - 8h -
L.A. fire official on new Hollywood Hills blaze
Los Angeles Fire Department spokesperson Margaret Stewart called the fire burning in the Hollywood Hills "very dangerous and explosive." She describes the mandatory evacuation zones and ongoing ...CBS News - 17h -
The dangerous combination fueling the L.A. fires: Exceptional dryness and strong winds
Prolonged drought, an exceptionally dry winter and powerful Santa Ana winds set up a dangerous triple whammy of extreme conditions that have fueled several out-of-control wildfires in the Los ...NBC News - 18h -
Biden approves major disaster declaration for California wildfires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday ...CBS News - 21h -
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 - 23h -
Maps show where fires are burning right now in L.A. area
Updating maps of Southern California show where wildfires, like the Palisades Fire and Eaton Fires, are burning across Los Angeles.CBS News - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Wildfires Roar Through L.A., and Trump Floats U.S. Expansion
Plus, the end of Facebook fact-checking.The New York Times - 1d -
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 - 1d -
Senate approves committee assignments, tees up confirmation hearings next week
The Senate on Tuesday approved its organizing resolution for the 119th Congress, officially setting the composition of committees and greenlighting nomination hearings to take place in the coming ...The Hill - 1d -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - 2d -
Jennifer Lopez and Ben Affleck settle divorce, ask judge to approve
Court documents show Jennifer Lopez and Ben Affleck settled their divorce back in September and are now asking for a judge to approve the breakup.CBS News - 2d -
Hamas Approves List of Hostages It May Free Under a Cease-Fire Deal With Israel
Israel says Hamas has not provided any information about the status of those 34 hostages, dampening any notion that the endorsement is a step toward a deal to stop the war.The New York Times - 3d -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial Times - 6d -
Apple agrees to $95M settlement over Siri eavesdropping claims: Who could get payments, if it's approved
The agreement would put an end to a 5-year-old lawsuit that accused Siri of eavesdropping.The Hill - 6d -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - 6d -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30
