Financial Wisdom Wave
  • Business
  • Stock
  • Politics
  • Tech News
Business

Southern California Edison acknowledges videos suggest link between equipment and Eaton fire

by February 7, 2025
February 7, 2025

Southern California Edison acknowledged Thursday that videos have suggested a possible link between the utility’s equipment and the devastating Eaton Fire in Los Angeles.

But the company has not identified evidence to confirm this, according to a filing with the California Public Utilities Commission. The Eaton Fire, which is now contained, burned about 14,000 acres, destroyed thousands of buildings, killed at least 17 civilians and injured nine firefighters.

“SCE is undertaking a careful and thorough investigation and does not know what caused the ignition of the fire,” the utility said in its filing. The company has not found broken conductors, arch marks, or evidence of faults on energized lines in the area where the Eaton Fire started.

Southern California Edison believes its equipment may have sparked the smaller Hurst Fire, according to a separate filing with the commission. The Hurst blaze, which is also contained, burned about 800 acres. Two homes were damaged by the fire, according to the utility’s filing. No deaths have been reported.

Shares of Edison International, the parent company of Southern California Edison, were trading about 1% lower.

This post appeared first on NBC NEWS
previous post
OpenAI considering 16 states for data center campuses as part of Trump’s Stargate project
next post
New Orleans prepares for Super Bowl 59, its biggest weekend of the year

You may also like

Musk’s brain implant company filed as a ‘disadvantaged...

July 19, 2025

A flagging U.S. industry looks for new life...

July 18, 2025

Coca-Cola dodges after Trump says soda will switch...

July 18, 2025

Trump says it’s ‘highly unlikely’ he will fire...

July 17, 2025

Inflation picks up again in June as tariffs...

July 16, 2025

Jerome Powell asks inspector general to review Fed’s...

July 15, 2025

Some Walmart garment orders from Bangladesh on hold...

July 13, 2025

Trump’s tariffs on Brazil could make your coffee...

July 11, 2025

Italian chocolate giant Ferrero to buy Kellogg’s Froot...

July 10, 2025

White House accuses Powell of mismanaging Federal Reserve,...

July 10, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • The Best Five Sectors, #28

      July 20, 2025
    • Week Ahead: NIFTY Violates Short-Term Supports; Stays Tentative Devoid Of Any Major Triggers

      July 20, 2025
    • Musk’s brain implant company filed as a ‘disadvantaged business’

      July 19, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      July 19, 2025
    • July Strength, Late-Summer Caution: 3 Charts to Watch

      July 19, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 FinancialWisdomWave.com All Rights Reserved.

    Financial Wisdom Wave
    • Business
    • Stock
    • Politics
    • Tech News