California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires have left at five people dead and almost 180,000 evacuated from their homes due to multiple wildfires.

Here's the latest.

What Happened: Areas near Los Angeles, California have been hardest hit by one of the most destructive wildfire events in the state.

At least five people are dead, found in buildings in Altadena, where the Eaton Fire exploded Tuesday night, as reported by the LA Times.

179,783 people are under evacuation orders as of Thursday, according to Los Angeles Sheriff Robert Luna, NBC News reported...