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Stock impact report

Maui fire that killed 102 in Lahaina erupted from earlier blaze firefighters thought they put out, investigation finds [Fortune]

Hawaiian Electric Industries, Inc. (HE) 
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am Check Earnings Report
US:NYSE Investor Relations: hei.com/corporateprofile
Company Research Source: Fortune
believed they had extinguished, officials confirmed Wednesday as they presented their findings on the cause. The Aug. 8, 2023, blaze — the deadliest U.S. wildfire in more than a century — emerged in the afternoon in the same area as the blaze that began earlier that morning. Driven by strong, erratic winds, the fire raced through the historic town of Lahaina, destroying thousands of buildings, overcoming people trapped in their cars and forcing some residents to flee into the ocean. It had been unclear whether the blaze was a separate fire or a rekindling of the morning fire, and whether firefighters should have left the scene after they spent hours dousing it. The answers could prove significant to questions about liability for the destruction, though a tentative $4 billion settlement has been reached. In presenting their findings, officials with the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives and the Maui Fire Department did not address liability but found that th Show less Read more
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