California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires have left at five people dead and almost 180,000 evacuated from their homes due to multiple wildfires. Here's the latest.

The massive Palisades Fire broke out in Los Angeles on Tuesday afternoon, prompting mandatory evacuations affecting tens of thousands of people and highway closures. Later Tuesday, the Eaton Fire broke out in the foothills of Pasadena on the other side of Los Angeles County.

Southern California’s Edison International owes its survival to luck, at least in part.