Apple, Nvidia, Tesla and Microsoft are among the giants that have tumbled by at least 10 percent in the past month after powering a market rally earlier this year.
It could take months for officials to identify what caused the fire in Maui last week. But some plaintiffs’ lawyers and investors have already begun to blame Hawaiian Electric, the state’s largest utility. The utility’s power lines and equipment are a potential source of the fire that has claimed the lives of more than 100 people — a death toll that is expected to rise when the more than 1,000 missing people are accounted for. Lawyers have filed at least four lawsuits against the company. The su
Videos showing downed power lines apparently sparking some of the early blazes in the Maui wildfires have become key evidence in the search for a cause. Hawaiian Electric Co. faces
The wildfires that scorched Maui have led to allegations of careless electrical company bosses, harried fire crews and thoughtless emergency warning leaders.