If gains hold, this will be the Dow and S&P’s best January returns since 2019 and the best inauguration month return since January 2013, at the start of former President Barack Obama’s second term.
Utility shareholder returns add hundreds of millions to California power bills, sparking debate over fairness and necessity.
Your electricity rates could be going up to help Southern California Edison cover more than $1.6 billion in payments the utility has made to victims of the devastating 2017 Thomas Fire.
Thousands of residents across Los Angeles County continue picking up the pieces and are starting the rebuilding process after losing their homes in the Eaton and Palisades fires.
The vote comes against a backdrop of lawsuits claiming the utility is responsible for the recent Eaton Fire in Los Angeles.
Customers are picking up the $1.7 billion tab after the utility’s equipment was linked to the wildfire and resulting flooding seven years ago.
What was once the world's largest solar power plant of its type appears headed for closure just 11 years after opening, under ...
Energy demands from big tech, including for AI, has elected officials giving an old power source a second look.
Customers are picking up the $1.7. billion tab after utility's s equipment was linked to LA wildfire and flooding seven years ...
Public utilities can bill directly for hundreds of millions of dollars in shareholder returns despite being in what critics call a lower-risk business.
California officials voted Thursday to let Southern California Edison to raise electric rates to cover payments it made to ...