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The Latest Breaking News from Edison

Southern California Edison, other companies pay $22 million settlement for roles in Rey fire

LOS ANGELES — Southern California Edison and two other companies have paid out $22 million to the U.S. government to settle a lawsuit for their roles in the massive 2016 Rey fire, the U.S. Justice Department announced this week.

Los Angeles Times

California utility pays $22 million to settle federal claims over 2016 wildfire

Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest

The Independent UK

Elizabeth Holmes prison: Everything we know about disgraced Theranos founder going to jail

Inmates at the Texas prison where Holmes is expected to report to on Tuesday are placed into work programmes where some earn as little as 12 cents an hour

The Independent UK

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Selfless visionary or scheming grifter? Inside Theranos founder Elizabeth Holmes’s shocking downfall

From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers. Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes

The Independent UK

Elizabeth Holmes prison: Everything we know about disgraced Theranos founder going to jail

Inmates at the Texas prison where Holmes is expected to report to on Tuesday are placed into work programmes where some earn as little as 12 cents an hour

The Independent UK

Edison Group acquires Livingston construction business

The plan is to merge the business with another recent and similar acquisition

Insider UK

SABIC Solutions Win 5 Edison Awards for Best New Products

SABIC, a global diversified chemicals company, has been awarded five of the prestigious Edison Awards 2023 for its innovative solutions, designed to meet the needs of their customers and the broader value chain, and as well aligned with Saudi Vision 2030, reported the Saudi Press Agency on Friday. SABIC won…

Asharq Al-Awsat

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10 minutes with... Edison Group chief executive Calum Melville

The Scottish entrepreneur explains his love of Largs, admiration of Winston Churchill and apparent likeness to George Clooney

Insider UK

Edison Group acquires Crown Architectural Systems

Latest move represents the group's first major foray into the English market

Insider UK

Edison Group acquires the Edinburgh Driveway Company

New owner safeguards eight existing jobs and anticipates the creation of a further five

Insider UK

Podcasts lose their edge, with slowing advertising and fewer newcomers

The maturing audio format isn't vanishing, but it's not growing the way it used to, either.

Axios

Jobs up for grabs as property firm establish HQ in North Ayrshire

Edison Group hail 'great location' after acquiring 19th century Grade B listed building.

Daily Record

Edison Group establishes headquarters in North Ayrshire

The property business is now recruiting for up to 12 administrative staff from the local community

Insider UK

California just slashed rooftop solar incentives. What happens next?

California sharply reduced incentive payments for rooftop solar power Thursday, taking a sledgehammer to a program that helped 1.5 million homes and businesses put solar panels on their roofs and made the state a leader in fighting the climate crisis.

Los Angeles Times

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The Street

Morningstar Cites Three Undervalued Utility Stocks

The stocks have potential for substantial dividend growth, Morningstar says, with yields already at 3.6% or more.

Tribune News Service

Elizabeth Holmes should go to prison for 15 years and pay $804 million, feds demand

Theranos founder Elizabeth Holmes, set to be sentenced Friday, should go to prison for 15 years and pay back investors she defrauded, federal prosecutors argued in a blistering sentencing memo.

Los Angeles Times

California pushes a new plan cutting rooftop solar incentives

California is poised to reduce payments to homes and businesses that go solar for clean electricity they supply to the power grid — a landmark shift in how the state promotes a crucial technology for fighting climate change.

Manchester Evening News

Controversial beer garden decision to be voted on again

Planning panel failed to follow correct procedure in refusing permission

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InsideEVs

Gas Cars Consume Much More Electricity Than People May Realize

Some people fear EVs may eventually crash the electrical grid. There are plenty of details they should know before they let their concerns get the best of them.

The Orange County Register

State sues Southern California Edison and T-Mobile, saying they caused the Silverado fire in Orange County in 2020

SANTA ANA, Calif. — The state forestry department has sued Southern California Edison and T-Mobile USA, alleging equipment failures caused the 12,466-acre Silverado fire in 2020, displacing 90,000 residents in south Orange County.

Los Angeles Times

Families sue SoCal Edison over Fairview fire that killed 2, destroyed dozens of structures

LOS ANGELES — Multiple families have filed a lawsuit against Southern California Edison, alleging that the utility failed to properly de-energize its electrical lines and caused the deadly Fairview fire in Hemet, which destroyed dozens of structures.

Los Angeles Times

Meet Raleek Brown, a California youth football legend churning toward USC fame

LOS ANGELES — Sometimes, you just know. You feel it deep in your gut. Not so much an instinct as an instant, unimpeachable sense of certainty so clear nothing could convince you otherwise.

Los Angeles Times

Deadly wildfire near Hemet outpaces containment efforts, nears 10,000 acres

LOS ANGELES — A deadly blaze near Hemet was burning on all sides and stubbornly outpacing firefighters’ efforts to contain its spread Wednesday, ballooning to 9,846 acres by afternoon, fire officials said.

Los Angeles Times

Fairview fire near Hemet that has killed 2 grows to 7,000 acres

LOS ANGELES — Fire crews continued to battle a deadly blaze near Hemet as it has burned through 7,091 acres as of Wednesday morning, according to fire officials.

Los Angeles Times

Deadly fire near California city of Hemet began at about the same time Edison reported ‘circuit activity’

LOS ANGELES — Southern California Edison reported “circuit activity” at about the same time the first flames from a wildfire near Hemet were reported, the utility company said of the area where a fast-moving blaze has killed two people and injured another and burned at least seven structures.

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