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'Progress is being made' against California's deadliest wildfire

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PARADISE, Calif. (Reuters) – Fire crews in northern California seized on improved weather conditions on Wednesday in their six-day-old battle to suppress the deadliest and most destructive wildfire in state history as National Guard troops were called in to help search for victims. Cal Fire firefighters comb through a house destroyed by the Camp Fire Read More

S&P 500 falls for fifth day as financials drag

2 hours ago DieselGasoil Comments Off on S&P 500 falls for fifth day as financials drag
NEW YORK (Reuters) – Wall Street stocks fell on Wednesday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the U.S. House of Representatives. A trader works on the floor at Read More

S&P 500 down for fifth day as financials fall

3 hours ago DieselGasoil Comments Off on S&P 500 down for fifth day as financials fall
NEW YORK (Reuters) – Wall Street’s major stock indexes fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as financials were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the U.S. House of Representatives. A trader works on the Read More

S&P 500 down for fifth day as Apple, bank stocks fall

5 hours ago DieselGasoil Comments Off on S&P 500 down for fifth day as Apple, bank stocks fall
(Reuters) – U.S. stocks fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as Apple Inc (AAPL.O) continued to lead a retreat in technology stocks and financials were hit by fears that sector-wide regulations would no longer be eased. A trader works on the floor at the New York Read More

National Guard to search for victims of California's deadliest fire

7 hours ago DieselGasoil Comments Off on National Guard to search for victims of California's deadliest fire
PARADISE, Calif. (Reuters) – The wildfire raging in northern California spread on Wednesday as National Guard troops joined the search for its victims and lawyers filed a lawsuit blaming the blaze, the state’s deadliest, on poor maintenance by the area’s utility company. Cal Fire firefighters comb through a house destroyed by the Camp Fire in Read More

PG&E's wildfire risks mount; shares and bonds plunge

7 hours ago DieselGasoil Comments Off on PG&E's wildfire risks mount; shares and bonds plunge
(Reuters) – PG&E Corp, the electricity provider in the Northern California region being ravaged by the deadly Camp Fire, warned that it could face “significant liability” in excess of its insurance coverage in the event that its equipment is found to have caused the blaze. A car destroyed by the Camp Fire is seen in Read More

California wildfire victims sue utility PG&E alleging negligence

7 hours ago DieselGasoil Comments Off on California wildfire victims sue utility PG&E alleging negligence
(Reuters) – A group of three law firms representing multiple victims of California’s deadliest wildfire has filed a lawsuit against PG&E Corp alleging negligence and Health and safety code violations by the utility company in the blaze that has killed at least 48 people. A Pacific Gas & Electric lineman cuts a downed power line Read More

Search intensifies for victims of California's deadliest wildfire

8 hours ago DieselGasoil Comments Off on Search intensifies for victims of California's deadliest wildfire
PARADISE, Calif. (Reuters) – The search for remains of victims in the charred ruins of the northern California town of Paradise was set to intensify on Wednesday, while firefighters stepped up their nearly week-long efforts to contain the state’s deadliest-ever wildfire. Cal Fire firefighters comb through a house destroyed by the Camp Fire in Paradise, Read More

Utility PG&E sued by victims of California wildfire

9 hours ago DieselGasoil Comments Off on Utility PG&E sued by victims of California wildfire
A Pacific Gas & Electric lineman cuts a downed power line during the Camp Fire in Paradise, California, U.S. November 8, 2018. REUTERS/Stephen Lam (Reuters) – A group of three law firms representing multiple victims of California’s deadliest wildfire has filed a lawsuit against PG&E Corp (PCG.N) alleging negligence and Health and safety code violations Read More

50 dead in California wildfires as first victims named

12 hours ago DieselGasoil Comments Off on 50 dead in California wildfires as first victims named
The first of the victims of the California wildfires have been named by officials in the north of the state. It comes as the number of people killed in the state’s deadliest fire rises to 50, with North California worst affected where 48 bodies have so far been recovered. At the other end of the Read More