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(Bloomberg) -- Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western US.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapPot Stocks Surge on Report DEA Set to Reclassify MarijuanaTesla Soars on Tenta

As wildfires ravage landscapes and amplify financial risks, utility stocks are revealing their vulnerability to climate-induced disasters.

(Bloomberg) -- SunPower Corp. declined after the struggling rooftop solar installer announced $155 million in new financing from its majority investors — a development that will ease a cash crunch but also dilute the shares. Most Read from BloombergPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Commercial Property LoansA

(Bloomberg) -- Texas Governor Greg Abbott said his state will need to grow its power supply capacity by as much as 15% annually to keep up with rising demand from homes and businesses. Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksTesla Asks Which Jobs Are Critical, Stoking Layoff FearsChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates’ OptionUS Commercial Real Estate Contagion Is No

By Mark Chediak, John Gittelsohn and Brian K. Sullivan | Bloomberg The wind-whipped storm that dropped an historic amount of rain on California this week…