Edison Is Slashing Top Executive Bonuses After Deadly LA Fire

Bloomberg · Feb 18, 2026 · Collected from RSS

Summary

Edison International is cutting top executive bonuses by 40% to reflect the impact of the devastating Los Angeles-area wildfire that killed 19 people and damaged or destroyed more than 10,000 structures.

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Bloombergabout 1 hour ago
Malaysia’s Anti-Graft Chief Questioned in Shareholding Probe
Malaysia’s anti-graft chief Azam Baki was summoned by a special committee set up to probe his stock ownership to explain the matter on Thursday, as authorities respond to calls for him to be investigated.

Bloombergabout 2 hours ago
Xi Gains Upper Hand Before Trump Summit After US Tariff Reversal
Chinese President Xi Jinping is heading to the negotiating table with Donald Trump with a boost in bargaining power, after the US leader lost his ability to quickly raise tariffs for nearly any reason.

Bloombergabout 3 hours ago
India Postpones US Trip to Finalize Trade Pact on Tariff Ruling
Indian trade officials will postpone a trip to the US aimed at finalizing their interim deal after a US Supreme Court ruling that struck down many of President Donald Trump’s tariffs.

Bloombergabout 4 hours ago
Japan’s Ruling Party Tax Chief Calls US Tariff Situation ‘Messy’
A heavyweight of Japan’s ruling Liberal Democratic Party called US tariffs “a real mess” after President Donald Trump hiked levies in response to a Supreme Court decision that his previous tariffs were illegal.

Bloombergabout 6 hours ago
Australia Says Weighing All Options After ‘Unjustified’ Tariffs
Australia’s government said it will “examine all options” after US President Donald Trump imposed a 15% tariff on foreign imports.

Bloombergabout 10 hours ago
China Defies Global ‘AI Scare Trade’ as Investors Chase Winners
US markets are gripped by the “AI scare trade,” with investors selling software firms and wealth managers on concern that rapid advances in artificial intelligence will erode established business models.