The Financial Comet
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Financial Comet

Business

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

by admin February 8, 2025
February 8, 2025
Southern California Edison acknowledges videos suggest link between equipment and Eaton fire

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

Related Posts

Starbucks announces several changes, including plans to cut...

January 31, 2025

Bumble shares jump 26% as dating company plans...

June 27, 2025

As Trump eyes more tariffs, South Korea remains...

February 15, 2025

Nvidia’s CEO did a Q&A with analysts. What...

March 27, 2025

Essence Fest leads a summer of events for...

July 4, 2025

Art created autonomously by AI can’t be copyrighted,...

March 21, 2025

Restaurant chain Hooters files for bankruptcy protection to enable founder-led...

April 2, 2025

Frontier Airlines goes after struggling rival Spirit’s customers...

August 28, 2025

Amazon lays off over 100 employees in Wondery...

August 6, 2025

Nvidia’s CEO did a Q&A with analysts. What...

March 24, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

      January 28, 2025
    • 2

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 3

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 27, 2025
    • 4

      UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

      January 27, 2025
    • 5

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 6

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 7

      Lara Trump to host weekend show on Fox News

      February 7, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thefinancialcomet.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thefinancialcomet.com | All Rights Reserved