Fires in L.A. Reach Hollywood as Economic Toll Nears $60 Billion. The Latest on the California Blaze. - Barron's

1. Los Angeles wildfires have resulted in at least five deaths and mass evacuations. 2. Edison International's stock dropped over 10% following power outages affecting 400,000 customers. 3. The estimated economic loss from the fires is between $52 billion and $57 billion. 4. Hollywood productions are disrupted, impacting companies like Disney and Warner Bros. 5. Insurance companies face significant losses, with J.P. Morgan estimating $10 billion.