SANTA ROSA, Calif. — The sky above their newly built homes was clear, and the ground beneath their feet reassuringly soggy from recent winter rains. But as residents in the Coffey Park ...
The devastating wildfires that have hit the Los Angeles area in recent weeks have further constrained an already tight housing market ... as other portions of LA saw rent falling week-over ...
Schlumberger helped lead the market after the provider of services to oil fields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it raised its ...
LADWP, with about $18 billion in power and water system debt in the muni market, stands to be one of the biggest tests of bond investors over the risks of climate change. The utility’s bonds used to ...
There’s a truism in municipal debt: Bonds rarely move on natural disasters. That long-tested concept had held up until fires destroyed thousands of properties in Los Angeles last week.
Blue Origin also wants to use New Glenn to compete with Elon Musk’s SpaceX, which has dominated the global launch market for years. “Airlines have a legal obligation to ensure that their ...
Tucked away on a once-lush mountainside in the Upper Riviera area of Pacific Palisades, roughly 20 miles west of Downtown Los Angeles, a sprawling, architecturally striking mansion built by L.A ...
A view of a home that was destroyed by the Palisades Fire on January 12, 2025 in Los Angeles, California. © 2024 Fortune Media IP Limited. All Rights Reserved. Use ...
That’s because in the years before the fires, a pullback by major insurance companies from the city’s housing market left California’s badly overexposed state-backed insurer, FAIR ...
Also in the strip mall is the La Placita Market. Benjamin Porter, a spokesperson for the Unified Fire Authority, said there were heavy flames when crews arrived. Nobody was hurt, but the scene was ...
Behind the scenes, the state’s insurance market is in turmoil, and that will eventually hit policyholders in the form of higher premiums and more owners turning to the undercapitalized ...