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☆ How Hudson Yards Went From Ghost Town to Office Success Story
▼ + stars: | 2024-04-22 | by ( Matthew Haag | ) www.nytimes.com time to read: +1 min

It was March 2019, and 13,000 people were on Manhattan’s West Side at a star-studded opening ceremony for the largest private real estate project in United States history: Hudson Yards. A year later, the development was a ghost town. The roughly $30 billion planned neighborhood looked like it had fizzled before it ever got started. But now, five years after that grand opening, Hudson Yards has not only survived, but it has also emerged as perhaps the most dominant office market in New York City, a bright spot as companies across the country cut space in the shift to remote and hybrid work. Skeptics had also predicted that area — bounded by Eighth and 12th Avenues from West 30th to West 42nd Street — was too out of the way for New Yorkers.

Persons: Young —, — Organizations: Hudson, Shops, Hudson Yards, BlackRock, Pfizer, Ernst, Eighth, West, New Yorkers Locations: United States, New York City, West, New

☆ World’s busiest airports: There’s a new No. 2
▼ + stars: | 2024-04-15 | by ( Marnie Hunter | ) edition.cnn.com time to read: +6 min

CNN —Globe-trotters are on the move again in a big way, boosting the rankings of a handful of international aviation hubs on the list of the world’s busiest airports. With 104.7 million passengers in 2023, Dubai’s not nipping at its heels just yet. Tokyo International Airport, commonly known as Haneda Airport, leapt up from No. Tokyo Haneda, Japan (HND): 78.7 million passengers; up 55.1% from 20226. Los Angeles, California (LAX): 75.1 million passengers; up 13.8% from 20229.

Persons: Atlanta’s, ”, Luis Felipe de Oliveira, de Oliveira, Dubai’s, Kamran Jebreili, Issei Kato, Indira, ” de Oliveira Organizations: CNN — Globe, Atlanta’s Hartsfield, Jackson International, “, ACI, Asia Pacific, Atlanta, Chicago, London Heathrow, Tokyo International Airport, Haneda Airport, Reuters, Indira Gandhi International, Air India, IndiGo, Boeing, Aircraft, Hartsfield, Jackson, United Arab Emirates, London, Tokyo, Chicago O’Hare Locations: Dubai, “ Dubai, East, Asia, Atlanta, United States, Dallas, Fort Worth, Denver, Los Angeles, London, Tokyo, Japan, Haneda, Reuters Istanbul’s, New Delhi, India, Jackson Atlanta , Georgia, United Arab, Fort Worth , Texas, DFW, London Heathrow, United Kingdom, Tokyo Haneda, Denver , Colorado, Istanbul, Turkey, Los Angeles , California, Chicago O’Hare , Illinois, ORD, Delhi

☆ Japan Is a Preview of China's Ugly Recession, Stock Market Crash
▼ + stars: | 2024-03-31 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

But Japan's economy — the long-unconscious patient — recently started to wiggle its toe. The country's stock market is ripping; the Nikkei recently exceeded the all-time highs it set 34 years ago. Now, Koo says, Chinese academics and policymakers are flocking to Japan to glean some kind of wisdom from the country's experience. Advertisement"This has made Japan attractive for foreign investors, and the stock market has done well," Koo said. Even without a currency war with Beijing, the world is building defenses against another wave of Chinese goods.

Persons: —, Goldman Sachs, there's, Nomura, Richard Koo, Koo, Shinzo Abe, Japan's, What's, it's, we're, haven't, Xi Jinping, doesn't, Xi, we've, Brasília Organizations: Nikkei, Goldman, Bank of Japan, Corporations, International Monetary Fund, Japan, Peterson Institute, European Union, China Locations: East Asia, China, Japan, Real, Tokyo, Beijing, Brussels, Brasília, American, Washington, Brazil, Turkey

☆ Why European stocks may soon start to outperform US equities, according to JPMorgan
▼ + stars: | 2024-03-18 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

There are five reasons why European stocks may soon start to outperform US equities, according to JPMorgan. According to JPMorgan, European equities may soon outperform their American peers. Even though European stocks are also susceptible to a hiccup because of increasingly hyped-up trades, the firm says fallout would be much worse in the US stock market. Third, the Citigroup Economic Surprises Indices shows that European economic activity momentum has begun moving above that of the US. AdvertisementLastly, JPMorgan sees an improving economic picture in China, which is a green flag for export-heavy European markets.

Persons: —, Mislav Matejka, There's Organizations: JPMorgan, Service, outstripping, MSCI, Citigroup, European Central Bank, ECB Locations: China

☆ How Hedge Funds Are Betting on Electricity and the Changing Power Grid
▼ + stars: | 2024-03-05 | by ( Alex Morrell | Bradley Saacks | ) www.businessinsider.com time to read: +19 min

A onetime commodities backwater, congestion trading has become a growing business in recent years as the demand for electricity and volatility on the power grid in the US has soared. The financial category, which includes specialized power-trading companies, banks, hedge funds, and large proprietary trading firms, dominates the market, in part because the physical power firms typically operate in only one or two regions. He launched three congestion trading teams for the firm, including in California and Texas after those states introduced congestion trading in 2008 and 2010, respectively. Citadel, along with Susquehanna International Group and Tower Research, has been involved in FTR trading since the market's infancy. Volatility has been increasing on the power grid, in part because of changing weather patterns, Jeev added.

Persons: Kumar Jeev, Jane Street, Richard Roseblade, who's, There's, Roseblade, Bill Clark, Jeev, DC Energy's Tyler Kuhn, DRW, California Al Seib, Brevan Howard, Jane, Stephanie Staska, Staska, couldn't, Joe Biden's, It's, Meredith Angwin, Angwin Organizations: Business, Capital, Midwest, Citadel, Tower Research, Yes Energy, Energy, Anadolu, Getty, Federal Energy Regulatory Commission, FERC, Nasdaq, York Stock Exchange, Nvidia, Johns Hopkins University, DC Energy, Wayfair, Squarepoint, Appian, Boston Energy, Susquehanna International Group, DC, Bloomberg, Commodities, Traders, Wall Street, Workers, GreenHat Energy, JPMorgan, Hill Energy Resource & Services, P, Grid, & $ Locations: Wall, East Coast, DRW, Susquehanna, FTRs, New York, Canada, Texas, Virginia, California, Berlin, Chicago, Oregon, California Al, Ukraine, Russian, Uri, Northern Virginia

☆ First Solar CEO says tariff exemptions threaten U.S. efforts to ramp up domestic solar manufacturing
▼ + stars: | 2024-03-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Megan Jelinger | ReutersA flood of foreign solar components threatens efforts to build a domestic manufacturing base in the U.S. to support the clean energy transition, according to First Solar CEO Mark Widmar. A common type of solar panel used in the U.S. is excluded from Section 201 tariffs designed to protect domestic solar manufacturing, and a moratorium on tariffs against solar components imported from several Southeast Asian nations is in place. Biden vetoed legislation last spring that would have imposed tariffs on solar components from Cambodia, Malaysia and Thailand. "What this is doing is it's not allowing these domestic companies to scale," Widmar said. The company has intentionally overbooked to provide a buffer against the volatility in the solar market, he said.

Persons: Megan Jelinger, Mark Widmar, Widmar, Biden, Trump, Joe Biden, wasn't Organizations: Reuters, Solar, CNBC, U.S . Commerce Department, Commerce Locations: Perrysburg , Ohio, U.S, Cambodia, Malaysia, Thailand, Vietnam

Yet after back-to-back atmospheric rivers walloped California in less than a week, it wouldn’t take much for water, mud and boulders to sluice down fragile hillsides, experts warned. Some 400 trees had fallen in the Los Angeles area alone, the city said. At least 6 billion gallons (22.7 billion liters) of storm water in Los Angeles alone were captured for groundwater and local supplies, the mayor’s office said. Just two years ago, nearly all of California was plagued by a devastating drought that strained resources and forced water cutbacks. Associated Press journalists Christopher Weber, John Antczak and Damian Dovarganes in Los Angeles and Scott Sonner in Reno, Nevada, contributed.

Persons: Tyler Kranz, Dion Peronneau, Mud, ”, “, ” Los Angeles Mayor Karen Bass, ” Bass, Lou Quismorio, “ I’ve, Sabrina Biddle, ___ Watson, Christopher Weber, John Antczak, Damian Dovarganes, Scott Sonner Organizations: ANGELES, Hollywood, Weather Service, ” Los Angeles Mayor, California Highway Patrol, National Weather Service, Associated Press Locations: Southern California, Los Angeles, Los Angeles County, California, LA, Baldwin, ” Los, Pasadena, San Diego, Northern California, Tijuana, Mexico, Yucaipa, Arizona, New Mexico, Phoenix, Flagstaff, Reno , Nevada

Joe Biden bet on the American worker while Donald Trump blamed the American worker. The Best Political Cartoons on Joe Biden View All 259 Images“The question is: Who do we want in that office to give us the best shot of winning?” Fain asked members. Joe!” Biden accepted the endorsement and pledged to continue supporting labor unions and the auto industry in particular. Of course, there were plenty of signs the UAW chief was planning to make the union’s backing of Biden official. That's what this choice is about.”More labor union endorsements are likely to roll out in the coming months.

Persons: Joe Biden, Donald Trump, ”, Shawn Fain, Harris, Trump, ” Fain, “, “ It’s, It's, “ It's, ” “ Donald Trump, that's, he’d, “ Joe, Joe, Joe ! ” Biden, ” Biden, Biden, “ Trump, you've, –, Fain, ” Mary Kay Henry, Biden’s, Lady Jill Biden Organizations: United Auto Workers, D.C, Biden, UAW, – Ford, General Motors, Trump, Gallup, National Labor Relations Board, Employees International Union, U.S . Bureau of Labor Statistics, Press, Hollywood, “, National Education Association Locations: Washington, Detroit, New Hampshire, Iowa, Michigan, Pennsylvania, Wisconsin, America, U.S, “, South Carolina

☆ Wall Street opposition to Trump collapses, as 'pipe dream' of primary defeat ends
▼ + stars: | 2024-01-22 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

"A lot of people on Wall Street have been living in this pipe dream of Trump not getting the nomination. "It's painful for me to admit this, but Wall Street is basically nonchalant to this election," longtime Wall Street executive and former Trump communications director Anthony Scaramucci said in a recent interview with The Hill. An outside effort "will not work against Trump," one of DeSantis' Wall Street fundraisers said. "The next question is, 'will Wall Street work to stop him in the general by supporting Biden?'" In 2020, Wall Street executives combined to donate over $74 million to helping Biden defeat Trump.

Persons: Donald Trump, Jamie Dimon, Andrew Harrer, Joe Biden, Trump, Biden, Anthony Scaramucci, Jeffrey Sonnenfeld, Sonnenfeld, Wall, Ron DeSantis, Nikki Haley, DeSantis, Donald Trump , Jr, Woody Johnson, Haley, Trump's, Ken Langone, Langone, Marco Bello, Jeffrey Yass, Charles Myers, Dimon Organizations: JPMorgan Chase &, White, Bloomberg, Getty, Republican, Wall Street, Democratic, Trump, Yale School of Management, Florida Gov, U.N, Street, Jets, Biden, New, Granite State, Big Apple, CNBC, Financial Times, U.S, United, Reuters, Republicans, Susquehanna International Group, JPMorgan, NATO, Economic Locations: Washington, Wall, New Hampshire, South Carolina, Iowa, New York, Granite, West Des Moines , Iowa, U.S, Yass, China

Storms have walloped the Pacific Northwest, Midwest, Plains, South and Northeast with low temperatures, heavy snow, ice storms, freezing rain and high winds for the past two weeks. Tina Kotek on Thursday declared a statewide emergency following deadly ice storms. Trees and power lines already coated with ice could topple if they get more, the National Weather Service warned. “Stay safe out there over the next several days as our region tries to thaw out,” the weather service said. The National Weather Service said there could be a thaw next week, when the forecast calls for above-average temperatures across almost the whole country.

Persons: Bob Johnson, ” Johnson, Doug McGowen, Joe Biden, Tina Kotek, Jonathan Mattise, Kristin M, Claire Rush, Carolyn Thompson, Jeffrey Collins, Colleen Long Organizations: Midwest, D.C, National Weather Service, Tennessee, Sheriff’s, Memphis, Water, Blood Assurance, The West Virginia Legislature, Capitol, Washington D.C, U.S . Capitol, White House, U.S . Conference of Mayors, Buffalo Bills, Kansas City Chiefs, Michigan, West Coast , Oregon Gov, Associated Press, Hall Locations: MEMPHIS, Tenn, Memphis, U.S, Canada, New York City, Baltimore, Washington, Pacific Northwest, Midwest, Plains, South, Arkansas , Mississippi , Missouri , Tennessee , Kentucky, Kansas, Lewisburg, Marshall, Memphis , Tennessee, Chattanooga , Tennessee, West Virginia, The, In Buffalo , New York, Michigan City , Indiana, West Coast , Oregon, Columbia, Willamette Valley, Nashville , Tennessee, Portland , Oregon, Buffalo , New York, Columbia , South Carolina

PORTLAND, Ore. (AP) — Parts of the Pacific Northwest were under an ice storm warning through Wednesday morning, threatening to add to the damage brought by a powerful winter storm that hit the region over the weekend. The forecast came as much of the United States coped with bitter weather that in some places put electricity supplies at risk. As of Tuesday night, about 52,000 people in Oregon still remained without power, according to the website poweroutage.us. County officials extended a weather state of emergency until noon Wednesday and decided to keep a record 12 overnight emergency weather shelters open for an additional night. “The real limitation for us right now is staffing,” said Dan Field, director of the joint county-city homelessness office.

Persons: Eugene —, “, ”, Justin Brooks, arborist Ryan Cafferky, Dan Field Organizations: ., Rockies, The Tennessee Valley Authority, National Weather Service, Portland Public Schools, Beaverton School Locations: PORTLAND, Pacific Northwest, Washington, Oregon, Portland, Salem, Seattle, United States, Great Plains, Midwest, Mississippi, East Coast, New York, Philadelphia, The Tennessee, Texas, Columbia, Pacific, Lake Oswego , Oregon, Lake Oswego, Beaverton, Multnomah County

“Conditions right now in Orchard Park, where the game would have started moments ago,” she wrote early Sunday afternoon. Sub-zero wind chills will grip much of the country, plunging to 50 degrees below zero in Montana and the Dakotas. Other parts of the country could see temperatures drop 25 to 40 degrees below normal, from the Rockies to the Ohio Valley. Even places like Florida won’t be spared from turbulent weather, with forecasts predicting showers and thunderstorms from Monday into Tuesday. The utility said it was watching a second weather pattern that could bring high winds and freezing rain on Tuesday.

Persons: Donald Trump, ‘ Darling, Kathy Hochul, ”, diehard, Logan Eschrich, ___ Weber, Russ Bynum, Nathan Ellgren, Philip Marcelo, Nick Perry, Julie Walker, Bobby Caina Calvan Organizations: NFL, National Weather Service, Northern Rockies, Pittsburgh Steelers, . Buffalo Bills NFL, New York Gov, Bills, South Dakota Department of Public Safety, Rockies, Portland General Electric, Omaha Public Power District, Buffalo Niagara International, Associated Press Locations: PORTLAND, Iowa, Kansas, Northwest, Buffalo , New York, Buffalo, Orchard Park, New York, Lake Erie, Snow, Montana, Ohio, Texas, Southern Plains and Southern, Florida, Oregon, Portland, Michigan , New York , Pennsylvania, Wisconsin, In Nebraska, Chicago, Denver, Seattle, Tacoma, Los Angeles, Savannah , Georgia, Des Moines , Iowa, Long Island , New York, Meredith , New Hampshire, New York City

☆ Senate committee investigating Florida’s state-backed home insurance company as private insurers flee
▼ + stars: | 2023-11-30 | by ( Ella Nilsen | ) edition.cnn.com time to read: +6 min

CNN —The US Senate Budget Committee is launching an investigation into whether Florida’s state-backed home and property insurance company has enough money in the bank to withstand future disasters, as scientists warn warming oceans and sea level rise are making storms more destructive. Citizens Property Insurance Corporation exists as a so-called insurer of last resort - if owners cannot convince a private insurance company to cover their property, Citizens will step in. If that were to happen, the Senate Budget Committee is worried Florida might turn to the federal government looking for a bailout, Whitehouse said. State insurers of last resort were originally intended as a stopgap for consumers, ensuring their coverage wouldn’t be interrupted. Florida isn’t alone; some major private insurers have either pulled out or stopped writing new policies in wildfire-prone California.

Persons: Ron DeSantis, “, Sen, Sheldon Whitehouse, ” Whitehouse, Michael Peltier, Whitehouse, ”, Benjamin Keys, ” Keys, ’, Keys, “ It’s Organizations: CNN, Citizens Property Insurance Corporation, Republican Gov, Citizens, Democrat, ”, Munich Re, Swiss, Wharton School, University of Pennsylvania, Senate, FAIR, Florida’s Citizens, Budget Locations: After Florida, Rhode Island, Florida, Miami, Tampa, “ Florida, Munich, riskiest, California

☆ Winter storm may have unmoored mines in the Black Sea ramping up naval danger for both Ukraine and Russia
▼ + stars: | 2023-11-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

The fierce winds may have unmoored maritime mines in the Black Sea, according to reports. AdvertisementA fierce winter storm walloped southern Ukraine on Monday inhibiting military operations on both sides and could have worsened already-heightened navigational dangers in the Black Sea. Giant waves and gusty winds threatened to unmoor maritime mines in the Sea of Azov and the Black Sea, the outlet reported — posing an even greater risk for those who navigate the perilous shipping lanes. Sea mines in the region have previously come loose in less violent storms. Both Ukraine and Russia have accused the other of placing Soviet mines along Ukraine's coast, Reuters reported.

Persons: — Organizations: Service, The New York Times, Ukrainian, Reuters Locations: Ukraine, Azov, Russian, Russia, Crimea, Kherson

Purdue is back atop The Associated Press Top 25 men's college basketball poll, right where it spent so much of last season. 15 after getting walloped by Colorado State in the Hall of Fame Classic championship game. IN AND OUTVillanova, BYU and Colorado State not only entered the poll but jumped right into the top 20. ON THE DOORSTEPMemphis, San Diego State, Colorado, Ohio State and TCU received the most votes among those outside the poll. ___Get poll alerts and updates on AP Top 25 basketball throughout the season.

Persons: Matt Painter, ”, Marquette, Allen, Houston, Duke, “ I've, Rick Barnes, “ I’ve, ” Gonzaga, Creighton, James Madison, Bryant, Butler, ___ Organizations: Purdue, Press, Boilermakers, Maui Invitational, Gonzaga, Marquette —, ” Purdue, Marquette, Tennessee, UConn, Huskies, Allen Fieldhouse, Miami, Baylor, ” Volunteers, Florida Atlantic, ESPN, Aggies, Colorado State, of Fame, Villanova, BYU, Rams, Mississippi State, FAU, Owls, Virginia Tech, Loyola Chicago, Hall of Fame, Mobile Center, Baylor Scheierman, Wildcats, Cougars, USC, Memphis, San Diego State , Colorado , Ohio State, TCU, Princeton, Tigers, CONFERENCE, SEC, Big Locations: Gonzaga , Tennessee, Kansas, Maui, Arizona, Tennessee, Kentucky, Florida, Texas, North Carolina, James Madison , Alabama , Illinois, Oklahoma, Kissimmee , Florida, Kansas City , Missouri, Illinois, Colorado , Michigan State , Arkansas, Virginia, San Diego State , Colorado ,

☆ At least 1 person killed in large Alaska landslide
▼ + stars: | 2023-11-21 | by ( Anna-Maja Rappard | ) edition.cnn.com time to read: +1 min

CNN —At least one person was found dead and multiple others are believed to be missing after a large landslide covered a highway near a remote community in southeast Alaska, the state’s Department of Public Safety said in a news release Tuesday. The landslide was reported Monday around 9 p.m. local time on the Zimovia Highway near Wrangell, and a preliminary survey by emergency responders determined it had walloped three single-family residences in its path. Mike Dunleavy has issued a disaster declaration in Wrangell after deadly landslide, his office posted on social media. Alaska’s Department of Public Safety urges people not to enter the slide area as it has been active throughout the night and additional landslides are possible. CNN reached out to Alaska’s Department of Public Safety for updates.

Persons: Mike Dunleavy Organizations: CNN, state’s Department of Public Safety, Alaska Gov, Alaska’s Department of Public Safety, Alaska’s Department of Transportation, Facebook Locations: Alaska, Wrangell

10, the top five teams held their places and Kansas and Kansas State both entered The Associated Press college football poll on Sunday. 22 after one of the biggest victories in program history and Kansas State moved back in at No. Other than that, there were 17 AP polls between 1995 and ‘96 that featured both Kansas and Kansas State. In 1995, Kansas State was No. 25 Kansas State at No.

Persons: Washington, Bill Snyder, Duke, ___, Ralph D, Russo Organizations: Oklahoma, Kansas State, Associated Press, Sunday, Bulldogs, Wolverines, NCAA, Ohio State, Florida State, Oregon, The Ducks, Utah, Penn State, Big, Texas, Sunflower State, Hall of Fame, Wildcats, Jayhawks, Kansas, Coast Conference, North, Georgia Tech, Clemson, Blue Devils, Louisville, Saturday, CONFERENCE, SEC, ACC —, Washington, LSU, AP Locations: Kansas, Sunday . Georgia, Michigan, Florida, Texas, Alabama, , Kansas, North Carolina, Missouri, Georgia, Southern California

☆ Winter expected to be costlier for those who heat with oil. But natural gas heat users will finally get a break.
▼ + stars: | 2023-09-20 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

New York CNN —After several years of skyrocketing winter heating costs, millions of Americans are expected to finally get a little relief this coming season — if they heat their homes with natural gas, that is. “This is the first year many families will get a break,” said Mark Wolfe, the association’s executive director, referring to the projected drop in natural gas heating costs. Electricity, which is the second most common source of heat, is projected to cost an average of $1,374, up 1.2%. The federal Energy Information Administration is expected to release its winter heating cost outlook next month. Home heating is still priceyAmericans are gearing up for the winter heating season just as rising gas prices have strained their finances.

Persons: walloped, ”, Mark Wolfe, ” Wolfe, Wolfe, “, Monette Ferguson, Ferguson Organizations: New, New York CNN, National Energy Assistance, Association, federal Energy Information Administration, “, Low Income, Energy Assistance, Senate, Alliance for Community Empowerment Locations: New York, Russia, Saudi Arabia, New England, Connecticut

BOULDER, Colo. (AP) — When Jay Norvell threw shade at Deion Sanders for wearing sunglasses during interviews, Coach Prime responded by handing out some of his signature shades. Sanders passed out pairs of Prime 21 sunglasses to his players during a team meeting — “I just want to see how y'all look in 'em. Before big games at Oregon and against USC, Colorado hosts Colorado State (0-1) on Saturday night, and during his weekly radio show, Norvell took a swipe at Sanders' habit of wearing his cap and sunglasses during media interviews. Howard called it petty for Norvell to complain about Sanders wearing sunglasses or a hat and never should have brought anyone's mother into the discussion. “If you know Deion Sanders, not even Coach Prime, but if you just know Deion Sanders, he's really, really close to his mom.

Persons: Jay Norvell, Deion Sanders, Sanders, — “, —, Pat McAfee, Norvell, “, ‘, ” Norvell, “ They’re, let’s, McAfee, it’s, ” Sanders, Rece Davis, Desmond Howard, Davis, that's, We’re, we’re, Travis Hunter, Shedeur Sanders, ” Davis, Howard, he's, ” Howard, He’s Organizations: “, GameDay, Buffaloes, TCU, Nebraska, Oregon, USC, Colorado, Colorado State, ESPN, Rams, AP Locations: BOULDER, Colo, ESPN's, Boulder, Colorado, Sanders

☆ Climate change turns US utilities grimly exciting
▼ + stars: | 2023-08-31 | by ( Robert Cyran | ) www.reuters.com time to read: +6 min

A hotter and stormier world is making life unpleasantly exciting for shareholders, as Hawaiian Electric Industries (HE.N) shows. Yet while European firms have buried power lines underground to avoid damage from storm and fires, American utilities have generally balked. The firm said a second fire began in the same area several hours later, after the utility had turned off local power lines. Separately, Hawaiian Electric Industries, the parent company of Hawaiian Electric, said on Aug. 24 it had suspended its dividend. The company said HEI had withdrawn $170 million and Hawaiian Electric had withdrawn $200 million from their existing revolving unsecured credit facilities to strengthen their balance sheets.

Persons: Joe Biden, Jill Biden, Josh Green, Jaime Green ,, Lady of, Kevin Lamarque, HEI, Fitch, Lawrence, Peter Thal Larsen, Sharon Lam, Aditya Sriwatsav Organizations: Hawaii, REUTERS, Reuters, Hawaiian Electric Industries, United, Utilities, Hurricanes, Lawrence Berkeley National, Edison International, Consolidated Edison, Dow, Maui, Hawaiian Electric, Electric, Thomson Locations: Lady of Hawaii, Lahaina, Maui, Hawaii, U.S, United States, Americas, Europe, Alaska, California, New York, Arkansas , Louisiana, Texas

Ian killed 75 people in Lee County, nearly half of the statewide death toll of 149, officials said. At that point, the National Hurricane Center flagged the possibility of a storm surge covering much of Cape Coral and Fort Myers. Parts of Fort Myers Beach had a 40 percent chance of a six-foot-high storm surge, according to the surge forecasts. In Lee County officials said they were waiting to make an assessment the next morning. Officials expanded their evacuation order later in the morning, and by the middle of the afternoon, Lee County officials were more urgent in their recommendation.

Persons: Ian, Lee County, Ron DeSantis, Lee, Fort Myers, ” Organizations: National Hurricane Service, National Hurricane Center, Fort Myers, Facebook Locations: Florida, Tampa, Fort Myers, Lee County, Fort Myers Beach, Sanibel, State, Coral, Fort, Cape Coral, Neighboring Pinellas, Hillsborough, Manatee, Charlotte, Sarasota County, Lee

☆ Please, Lina Khan, don't make Hollywood's crisis worse — consolidation is not the problem
▼ + stars: | 2023-08-24 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +5 min

She blamed the industry's market structure and suggested consolidation had weakened competition. But Hollywood's problems aren't caused by consolidation, but rather a harrowing transition to streaming. AdvertisementAdvertisementFTC chair Lina Khan made some recent comments that should trouble anyone in the TV and movie business. She continued on to say that "unless those market structure questions are addressed, it seems like potentially some of these power imbalances will persist." And I worry that if Khan thinks the market structure in Hollywood is already broken, it suggests any significant media merger is likely to be challenged.

Persons: Lina Khan, Khan, Rich Greenfield, Brandon Ross, Mark Kelley Organizations: Hollywood, Netflix, Disney, Comcast, Warner Bros, Paramount, Apple, YouTube, Morning, WBD, Paramount Global Locations: Hulu, Hollywood

☆ MLB roundup: Wander Franco's walk-off HR caps Rays' wild win
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +11 min

Franco had three RBIs and Isaac Paredes hit a two-run homer for the Rays, who blew a three-run, ninth-inning lead before Franco's heroics. The Guardians also scored three runs without a hit, tying the game in the ninth on three walks, a hit batter and three wild pitches. Bochy watched Gray (8-5) fire seven shutout innings, with the right-hander allowing just two hits while fanning seven. Jesus Luzardo (8-7) permitted seven runs on nine hits in 3 1/3 innings to lose his second straight start. Assad (2-2) allowed one run, four hits and one walk with two strikeouts in his third start of the season.

Persons: Wander Franco, Jonathan Dyer, Franco, Nick Sandlin, Isaac Paredes, Paredes, Daniel Norris, Andres Gimenez, Manuel Margot fielder's, Myles Straw, Jon Gray, Nathaniel Lowe, Mitch Garver, Bruce Bochy's, Bochy, Gray, Anthony Volpe, Aaron Judge, Kyle Higashioka, Oswaldo Cabrera, Isiah Kiner, Gleyber Torres, Randy Vasquez, Jesus Luzardo, Bryson Stott, Realmuto, Johan Rojas, Trea Turner, Nick Castellanos, Kyle Schwarber, Bryce Harper, Jorge Polanco, Max Kepler, Polanco, Michael A, Taylor, Dallas Keuchel, Austin Riley, Eddie Rosario, Charlie Morton, Mark Vientos, Tylor Megill, Ildemaro Vargas, Keibert Ruiz, Jake Alu, Vargas, Alu's, Ruiz, Stone Garrett, Paul Blackburn, Luke Maile, Elly De La Cruz, Spencer Steer, TJ Friedl, Andrew Abbott, Ke'Bryan Hayes, Andrew McCutchen, Chris Sale, Casas, Tarik Skubal, Kerry Carpenter's, Javier Assad, Cody Bellinger, Nico Hoerner, Bellinger, Hoerner, Ian Happ, Assad, Jose Berrios, Salvador Perez, Louis, Maikel Garcia, Nelson Velazquez, Bobby Witt, Willson Contreras, Adam Wainwright, Jon Singleton, Justin Verlander, Los Angeles . Singleton, Mark Canha, William Contreras, Carlos Santana, Victor Caratini, Eloy Jimenez, Yoan Moncada, Andrew Vaughn, Blake Snell, Xander Bogaerts, Snell, Julio Rodriguez, Crawford, Luis Castillo, Cal Raleigh, Ty France, Anthony Santander, Lance Lynn, Freddie Freeman, Lynn, Brendan Rodgers, Austin Gomber Organizations: Tampa Bay Rays, Cleveland Guardians, Tropicana Field, Rays, Cleveland, Rangers, Giants, Texas, Oracle, Yankees, Marlins, Triple, Phillies, Philadelphia, Twins, Dallas, Braves, Mets, Atlanta, Nationals, Athletics, Oakland, Washington, Reds, Pirates, Cincinnati, Pittsburgh, Red Sox, Tigers, Detroit, Boston, Cubs, Blue Jays, Chicago, Toronto, Brandon, Royals, Cardinals, Kansas City, St, Astros, Angels, Houston, Los Angeles ., Brewers, White Sox, Chicago Cubs, Cincinnati Reds, National League Central, The Brewers, Padres, Diamondbacks, San Diego, Mariners, Orioles, J.P, Seattle, Cal, AL East, Dodgers, Rockies, Angeles, Chicago White Sox, Thomson Locations: St, Petersburg , Florida, USA, St . Petersburg, Fla, Tampa, San Francisco, New York, Miami ., Scranton, Wilkes, Barre, J.T, Minnesota, Boston, Toronto, Los Angeles, Verlander, Houston, Milwaukee, Phoenix, Baltimore, Colorado

☆ Vermont Storm Exposes the Strengths, and Limits, of New Flood Defenses
▼ + stars: | 2023-07-12 | by ( Jenna Russell | More About Jenna Russell | ) www.nytimes.com time to read: 1 min

Vermont, a state known for peaceful green mountains, grazing cows and tidy covered bridges, is not often seen as a place where mudslides threaten highways, rivers churn with debris and murky, propane-fouled floodwaters fill downtown streets. But those kinds of images of destruction were seared into memory when Tropical Storm Irene battered Vermont in 2011, and led to a drastic reassessment of how to protect the state against storms supercharged by a warming climate. A forceful storm walloped Vermont again this week, causing severe flooding, damaging thousands of homes and businesses, and revealing the effectiveness of some mitigation measures taken since Irene. At the same time, officials and experts said, the storm demonstrated the need for ongoing adaptation, as storms become more extreme and less predictable.

Persons: Irene Locations: Vermont

☆ Pegula produces dazzling display to reach first Wimbledon quarters
▼ + stars: | 2023-07-09 | by ( Pritha Sarkar | ) www.reuters.com time to read: +3 min

LONDON, July 9 (Reuters) - Jessica Pegula enjoyed one of those scarcely believable days straight out of fantasy land as her racket oozed winners left, right and centre in a 6-1 6-3 fourth-round destruction of luckless Ukrainian Lesia Tsurenko at Wimbledon on Sunday. Pegula took full advantage of her opponent's woes as she walloped thunderous winners from the baseline to streak into a 5-0 lead in 18 blinding minutes. Tsurenko was lucky not to be completely wiped out from the opening set as the American fourth seed missed a set point in the sixth game. That respite, however, was brief as Pegula went on another three-game winning spree to take a 6-1 2-0 lead. I am so glad to make the final eight and I hope I get my name on a wall, or something."

Persons: Jessica Pegula, Tsurenko, Pegula, Ana Bogdan, Marketa, Serena Williams, Madison Keys, Sloane Stephens, Pritha Sarkar, Clare Fallon Organizations: Wimbledon, Madison, Thomson Locations: Ukrainian, American

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