Southern California Edison had said its electrical equipment most likely caused the blaze, which destroyed much of Altadena, a Los Angeles suburb.
Category: Corporations
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Edison Will Reduce Executive Bonuses as a Result of the Eaton Fire
The New York Times – Business: -
South Korean Court Rules Against Women in LG Inheritance Lawsuit
The New York Times – Business:The widow and two daughters of LG’s former chairman sought to invalidate an inheritance agreement, claiming they were deceived into forfeiting their rightful inheritance.
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Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies
The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.
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Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
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Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.
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Private Equity, Saddled With Investments It Can’t Sell, Loses Its Luster
As funds deliver mediocre returns and sheds investors, the industry is struggling to unload 31,000 investments, an increase over this time last year.
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Campbell’s Says Executive Accused of Offensive Remarks Has Left the Company
The comments came to light after an audiotape was released, tied to a lawsuit filed by a former employee.
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Eli Lilly, Drug Maker of Zepbound and Mounjaro, Reaches $1 Trillion in Value
The 150-year-old drugmaker is the first company in health care to hit the milestone.
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Stock Market Rally Is Dented as Signs of Worry Emerge
A recent dip in trading shows how investors are balancing a “fear of missing out at the same time as real fear.”