Los Angeles Financial News

deadly and historically destructive wildfires, U.S. president-elect Donald Trump has made what experts call “preposterous” and false claims that California could have avoided the disaster by allowing water from Canada to flow through the state.Trump, who has fixated on California’s water management issues before and has raised them once again amid the fires, reiterated his claim about Canadian water in an interview with Newsmax Monday evening.“You know, when I was president, I demanded that this guy, the governor (of California), accept the water coming from the north, from way up in Canada,” Trump said.“It flows down right through Los Angeles.

National Weather Service pushed back its unusually dire warning of critical fire weather until early the following day.

FBI visiting Ben Affleck's home in the Los Angeles area over the weekend were obtained, as quoted in a report by Parade.

Los Angeles fire rather wildfire has ravaged parts of the iconic city in the US. While authorities still don’t know what sparked the deadly fires in the Los Angeles area, they do know one clear way the flames have spread: embers.

Subscribe to enjoy similar stories. A new blaze sparked up in Southern California and nearly 13 million people were under critical or extreme fire warnings, underlining the task still facing fire crews and emergency responders in the weeklong fight against rampant wildfires. Further evacuation orders were issued overnight in Ventura County, northwest of Los Angeles, as a fire raged.

‘Barron’s Roundtable’ panelists Alissa Coram, Ben Levisohn and Al Root discuss the top three stories investors should know from the week.

Despite a weekend reprieve from the dangerously high winds that have fanned wildfires in Los Angeles and surrounding California areas over the past week, officials say the winds are set to return this week and will jeopardize efforts to extinguish two massive fires that have already levelled entire neighbourhoods and killed at least two dozen people.

Subscribe to enjoy similar stories. They call themselves TikTok refugees—and the app they are fleeing to is a lot more Chinese than the video-sharing app whose U.S. fate now hangs in the balance.

Gavin Newsom has accused tech billionaire Elon Musk of spreading «lies» about the state's response to deadly wildfires ravaging Los Angeles, escalating their online row over swirling misinformation.

 Million Dollar Listing Los Angeles star Josh Flagg discusses evacuating Los Angeles amid the flames on The Claman Countdown.

Los Angeles County is facing an increase in arrests as wildfires ravage the region. Among those arrested was a man disguised as a firefighter while committing a burglary.

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.

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.

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.

Prince Harry and Meghan Markle have faced a barrage of criticism after their visit to an evacuation centre in Los Angeles to assist with wildfire relief. Following their offer to open their Montecito home for those in need and their ongoing collaboration with José Andrés' World Central Kitchen to provide meals, the couple's actions at the evacuation centre became the subject of widespread debate. Some social media users accused the Duke and Duchess of Sussex of using the opportunity as a publicity stunt, particularly after photos showed Meghan embracing victims of the disaster.

As firefighters and officials continue to battle the massive fires around Los Angeles, one man in the hard-hit Altadena area told Global News how he stayed behind to try to save his and his neighbour’s houses.

The National Weather Service has issued red flag warnings for critical fire conditions through Wednesday, predicting wind gusts up to 113 kilometers per hour in the mountains. “You’re going to have really strong gusty Santa Ana winds, a very dry atmosphere and still very dry brush, so we still have some very critical fire weather conditions out there,” said meteorologist Rich Thompson. The Los Angeles County Sheriff, Robert Luna, confirmed 12 people are missing in the Eaton Fire zone and four in the Palisades Fire zone, with the possibility of more unreported cases. The coroner’s office attributed five deaths to the Palisades Fire and 11 to the Eaton Fire. Officials anticipate the death toll may rise as search teams with cadaver dogs continue to work in the devastated neighborhoods.

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