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April 18, 2024
As wildfires ravage landscapes and amplify financial risks, utility stocks are revealing their vulnerability to climate-induced disasters.
December 9, 2023
Delegates representing farm and ranch families from all 93 Nebraska counties outlined key agriculture policy priorities and elected new leaders for Nebraska Farm Bureau as part of the organization’s 106th
August 14, 2023
The wildfire that burnt town Lahaina in Hawaii is estimated to have damaed over 2000 structures with a capital cost of $5.5bn
August 14, 2023
While the cause of the deadly Maui fires remains under investigation, lawyers are sending experts to the island to look into utility power lines as being a possible source of ignition.
August 13, 2023
Hawaiian Electric, which operates the Maui Electric utility, has come under criticism for not turning off power despite warnings of critical fire conditions due to predicted dry, gale-force winds. The utility earlier this week said strong winds downed electric power lines and snapped power poles ahead of the blazes.
August 13, 2023
Officials have not said what sparked the blazes that were fanned by powerful winds and leveled the historic town of Lahaina.
August 12, 2023
(Bloomberg) -- While the cause of the deadly Maui fires remains under investigation, lawyers are sending experts to the island to look into utility power lines as being a possible source of ignition. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseBankman-Fried in Custody After Bail ...
July 19, 2023
Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their
July 18, 2023
(Bloomberg) -- Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and equipment blamed for igniting the blazes.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaRags-to-Riches Wealth Fund Veteran Plans to Run for...
June 15, 2023
(Bloomberg) -- A Berkshire Hathaway Inc. energy unit’s $87 million hit this week in a first-of-its-kind trial blaming the company for massive wildfires in Oregon is poised to grow into the billions when thousands of additional victims pursue claims for damages.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent...