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Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño

Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last …

Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

More in Finance & Markets

Will Broadcom Rejoin the $2 Trillion Club in 2027?

Broadcom supplies some of the best data center chips and components for developing artificial intelligence.

  • Broadcom previously part of $2 trillion club, now 26% off June high
  • AI labs propose scaling back development, Broadcom s GPUs replaced by Nvidia, AMD
  • Broadcom forecasts $115B AI revenue in 2027, $230B in 2028 to rejoin club

Novo Nordisk and Eli Lilly Just Got Some Fantastic News

A new government-funded study found that GLP-1 drugs slow the aging process in mice.

  • Semaglutide extended lifespan of older mice by counteracting aging effects.
  • Mice treated with semaglutide showed improved muscle and cognitive function.
  • GLP-1 drug market use nearly quadrupled in Americans since 2024.

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