City Los Angeles Financial News

13.01 / 19:49
markets Citi Landmark Strategy Eaton PAM reports Wildfires erase heritage; numerous historical landmarks lost in Los Angeles wildfires; here's the full list
Los Angeles have resulted in the destruction of over 30 historically significant structures while marking what preservationists describe as the worst loss of such properties in the history of the region in decades, reported Los Angeles Times.
13.01 / 18:15
Citi Waters Death Eaton reports Department evacuation Los Angeles wildfires: Deaths rise to 24 as more fierce winds expected
After a weekend spent blocking the explosive growth of fires that destroyed thousands of homes and killed at least 24 people in the Los Angeles area, firefighters got a slight break with calmer weather but cast a wary eye on a forecast for yet more wind.
13.01 / 17:29
markets Digital Waters Strategy Experts PAM Unsung heroes of Los Angeles wildfires: The Super Scooper planes that are being used to douse the flames
Los Angeles are eventually engaged in a challenging battle against the destructive wildfires while utilizing the CL-415 Super Scooper which is one of the most effective firefighting aircraft available, reported The Washington Post. These Canadian made amphibious water bombers can actually skim the surface of open water bodies to quickly scoop up and drop large amounts of water directly onto flames.
12.01 / 19:37
Landmark community Celebrity show stars reports inequality The California wildfires could be leaving deeper inequality in their wake
The sight of celebrity mansions and movie landmarks reduced to ashes can make it seem like the wildfires roaring through the Los Angeles area affected a constellation of movie stars
12.01 / 08:03
markets Citi Digital Strategy Experts PAM evacuation California wildfires: Los Angeles fire evacuees face price gouging
«The price gouging is going haywire, it's obscene,» the 50-year-old stylist told AFP. «I can't find anywhere for us to go.»
11.01 / 19:45
COST UPS Moodys wellness Aon reports The LA county wildfires could be the costliest in US history, early estimates say
The wildfires that erupted this week across Los Angeles County are far from contained, but they're already expected to be the costliest in U.S. history and among the worst natural disasters
11.01 / 19:39
markets Target Digital Strategy Experts PAM reports Conspiracy theories surface on Los Angeles wildfires as many palm trees had been left standing as cars and homes burned beside them; here's what people are saying
Many users are pointing to unusual patterns in the destruction, particularly how palm trees remain unscathed while cars and homes burn around them, fueling bizarre claims about the origins of the blazes.
11.01 / 16:33
markets Hollywood Digital Strategy Death Experts PAM Has the Los Angeles wildfire damaged the iconic Hollywood sign? Here's what you need to know
Los Angeles wildfire has now taken a very dangerous turn, with chances that things could stay worse for the days ahead, based on the poor atmospheric conditions and dense winds. The Palisades wildfire has already taken the death toll to double-digit figures, and even after more than a thousand firefighters on active duty, controlling the damage to properties is still looking like an uphill task. As per reports, Altadena, Hollywood Hills, Acton, and other neighborhoods have been hit by a series of fires, and its impact will affect a lot of other regions as well.
11.01 / 14:57
markets Waters Strategy community Experts Universities reports LA wildfires' danger deepens as 'do not drink tap water' alerts ring; Here's why
Los Angeles Department of Water and Power: «Do not drink or cook with the tap water… Do not treat the tap water yourself.» This alert, aimed at Pacific Palisades and surrounding neighbourhoods affected by the Palisades Fire, is part of a series of advisories stemming from the growing wildfires that have already ravaged the region, reported America's NPR. The growing concern? Wildfires like the ones tearing through Los Angeles can dangerously compromise local drinking water systems, a problem experts say is becoming more common as wildfires intensify. According to Andrew Whelton, a professor of civil engineering at Purdue University who has studied wildfire-related water contamination, the damage can be severe. «They will find contamination,» Whelton explained. «The question is how high is it? Where is it? What parts of the communities will have to have restrictions,» he told the American broadcasting organisation.
11.01 / 14:37
markets Digital Strategy Experts PAM reports evacuation Big Los Angeles wildfire switches direction, posing new threat despite winds easing
evacuation orders and posing a new challenge to exhausted firefighters. Six simultaneous blazes that have ripped across Los Angeles County neighborhoods since Tuesday have killed at least 11 people and damaged or destroyed 10,000 structures. The toll is expected to mount when firefighters are able to conduct house-to-house searches. The fierce Santa Ana winds that fanned the infernos eased on Friday night. But the Palisades Fire on the city's western edge was heading in a new direction, prompting another evacuation order as it edged towards the Brentwood neighborhood and the San Fernando Valley foothills, the Los Angeles Times reported.
11.01 / 04:27
Football wellness Universities Golf Basketball Features Sporting 'LA Strong' logo and custom gear unveiled to aid Los Angeles wildfire recovery efforts
Los Angeles sports organizations are uniting to launch an “LA Strong” custom logo and apparel line that will raise money for organizations assisting those impacted by this week’s devasting wildfires
11.01 / 00:37
Fox Eaton cover stars Department prevention evacuation California bans insurance cancellation, non-renewals in LA areas affected by fires
‘Million Dollar Listing Los Angeles’ star Josh Flagg discusses evacuating Los Angeles amid the flames on ‘The Claman Countdown.’
10.01 / 20:23
markets Citi Digital Strategy Experts PAM reports Malibu: Once dotted with gleaming beachfront villas, now looks like a ghost town; the devastation looks apocalyptic. Here are details
Malibu are revealed. The burnt-out mansions are initially the exception when travelling south through smoky skies along the well-known Malibu coast. They are isolated wrecks that smoulder away in between rows of intact, shining beachfront villas. However, as you approach the Pacific Palisades, the epicentre of the destructive fires in Los Angeles, those little charred ruins turn into irregular groups, followed by an endless line of charred, collapsed houses, as quoted in a report by AFP.
10.01 / 18:17
UPS Aviat Waters Platform Fighting security Department Los Angeles wildfires: Canadian plane out of service after drone collision
Quebec said Friday it will send two more firefighting aircraft to California, a day after one of the province’s water bombers collided with a drone while battling the wildfires ravaging the Los Angeles area.
10.01 / 17:29
markets FIVE Digital Strategy Eaton PAM reports Los Angeles fire: Relief in sight for Palisades wildfire, Eaton fire during weekend but how?
The five separate fires have so far burned more than 35,000 acres (14,160 hectares) in Los Angeles, the state's fire agency reported. The biggest of the blazes has ripped through almost 20,000 acres of the upscale Pacific Palisades neighborhood, where firefighters said they were starting to get a handle on the fire. By Friday morning six percent of its perimeter was contained — meaning it can't spread any further in that direction.
10.01 / 16:23
markets JPMorgan Trade AIG Chubb Allstate travelers Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Insurers exposed to the California homeowners' market sold off sharply Friday as the devastation caused by the Los Angeles wildfires spread.
10.01 / 14:03
markets UPS Swimming Olympics reports athletics After Spencer Pratt, now a famous U.S. Olympian, says he lost everything, including 10 medals, in California wildfires
Gary Hall Jr. claims that fires in California destroyed everything he owned, including his ten medals. Gary Hall Jr., a former American Olympic swimmer, described the apocalyptic destruction and his own losses caused by the devastating wildfires that are still destroying Los Angeles. With the exception of a few personal belongings he hastily packed before leaving, the 50-year-old athlete told the Sydney Morning Herald that the consuming fires destroyed his rented home in the Pacific Palisades, his ten Olympic medals, the swimming pool where he taught his kids to swim, and most of his possessions, as quoted in a report by The Independent. ALSO READ Lost Angeles! Pacific Palisades totally devasted; these A-list celebrities' homes have burned to the ground
10.01 / 12:49
COST Provident JPMorgan Morningstar wellness Aon Los Angeles fire damage likely to be costliest blaze in US History
Subscribe to enjoy similar stories. The Los Angeles wildfires are set to be the costliest blaze in U.S. history, analysts said Thursday, as the first initial estimates of damage from the infernos soared with their unchecked spread.
10.01 / 06:19
Hollywood Instagram love Photos Celebrity stars evacuation Paris Hilton, Billy Crystal among celebrities who lost homes in L.A. wildfires
Out-of-control wildfires are ravaging parts of Los Angeles this week, ripping through neighbourhoods and enclaves many Hollywood stars call home, including the Pacific Palisades, Malibu and Altadena.

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