• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Investing

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

by February 7, 2025
written by 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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Tariff Tensions and Inflation Data Shake Global Markets
next post
New Orleans prepares for Super Bowl 59, its biggest weekend of the year

You may also like

Procter & Gamble to cut 7,000 jobs as...

June 6, 2025

Shein and Temu see U.S. demand plunge as...

June 6, 2025

Shein and Temu see U.S. demand plunge as...

June 5, 2025

This California startup is cleaning water and removing...

June 5, 2025

OpenAI tops 3 million paying business users, launches...

June 5, 2025

Nationwide coordinated retail crime crackdown results in hundreds...

June 4, 2025

McDonald’s Snack Wrap is officially making a permanent...

June 4, 2025

McDonald’s Snack Wrap is officially returning. Here’s when.

June 4, 2025

Peloton launching resale market for used bikes, treadmills

June 4, 2025

Dollar General is shaking off tariff fears and...

June 4, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (504)
    • Stock (6,426)

    Latest News

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • French far-right pressures Barnier with ‘counter-budget’ proposals
    • Australia’s prudential regulator finds gaps in super fund valuation, liquidity practices

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy