If it starts and runs first thing in the day, then gradually dies out, my first guess would be something wrong in the charging system. If the charging system is working, you'll see between 13.5 and 15vdc at your battery terminals when the engine is running. If it's at 12.5 or lower, you're not charging the battery.
If you could upload some pictures of what's burnt up on your bike, and where they show up in the Factory Service Manual, that will help narrow down the troubleshooting.
Luke M
Used to have a 1979 CB750L, sold it as a parts bike, now riding a slightly modified 1984 VT700C. Network/Field Engineer. Central OH, USA, Earth, Sol System, Milky Way Galaxy, Universe.