Core Insights - Edison International reported a 61% year-over-year increase in net income, largely due to a true-up from Southern California Edison's 2025 general rate case [1] - The California Public Utilities Commission approved an increase of $1.1 billion in revenue for Southern California Edison in the 2025 general rate case [2] - Expected annual sales growth for the company is projected to be between 1% to 3% through 2028 [3] Wildfire Recovery - Southern California Edison announced new wildfire-related legal settlements, including an agreement to pay insurance companies 52 cents on the dollar for claims related to the Eaton Wildfire [4] - The company has not yet estimated total potential losses from the Eaton fire, with ongoing investigations into its cause [5] - Edison International plans to launch a wildfire recovery program for victims of the Eaton fire soon [5] Legislative and Financial Developments - The expansion of California's wildfire fund is seen as a positive development, potentially reimbursing Southern California Edison for liabilities related to the Eaton fire [6] - The recent downgrade of Edison International's credit rating by S&P Global was acknowledged, but the CFO believes the rating agency did not fully consider the benefits of state legislative reforms [7] Growth Outlook - Edison International's leadership noted that while demand from data centers has not been as high as other utilities, moderate load growth could be beneficial for investors [8] - Sales growth is expected to be driven by strong electric vehicle adoption, residential growth, and increased demand from commercial sectors such as manufacturing, logistics, and defense [8]

Core Insights - Autodesk is providing funding, technology, and support to accelerate rebuilding efforts in wildfire-affected areas of Los Angeles, following the devastating fires in January 2025 [1][5] Group 1: Partnership and Community Support - Autodesk is partnering with The Foothill Catalog Foundation (TFCF) to create a catalog of modular, pre-approved home designs for fire survivors, which is expected to reduce architectural and permitting costs by up to 95% [7] - The plans developed by TFCF will significantly shorten permitting timelines from potentially a year to just a few weeks [7] Group 2: Technological Innovations - Autodesk is funding an AI-powered software tool to expedite the approval of building permits, enhancing recovery efforts from the LA fires in collaboration with Governor Gavin Newsom and other organizations [7] - TFCF is developing a standardized Revit template to ensure that each design meets pre-approval and sustainability requirements from the outset [4] Group 3: Design and Resilience Focus - The designs created will adhere to stringent climate resilience standards, including resistance to extreme heat, wildfires, and power outages, while maintaining the unique architectural character of the region [3] - Autodesk's Design and Make platform is utilized by AEC industry teams globally to reduce waste and lower environmental impacts, emphasizing long-term resilience and sustainability [5][6]