Hollywood Hills and Other L.A. Fire News: 5 Dead; Economic Toll Nears $60B - Barron's
1. Fires in Los Angeles caused extensive damage, affecting power and evacuations. 2. Edison International (EIX) shares fell 10% due to safety power shutdowns. 3. Economic losses from wildfires estimated between $52 billion and $57 billion. 4. Film studios in Burbank shut down operations amid fire disruptions. 5. Insurance losses from the fires could reach $10 billion, affecting major companies.