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A private lab found evidence of two massive electrical faults in the Eaton Canyon area just before a fire erupted there and spread through much of Altadena, Calif.

Eaton Bussman, an industrial center based in Ellisville, is expected to lay off dozens of workers later this year.

In the latest trading session, Eaton (ETN) closed at $369.69, marking a -0.41% move from the previous day. This change lagged the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.93%, and ...