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Hurricane Otis hit near the beach-resort destination of Acapulco that is popular with tourists. It was later downgraded to a Category 4 storm. Authorities warned of a “potentially catastrophic storm surge.” Photo: Javier Verdin/ReutersMEXICO CITY—Hurricane Otis rammed into Mexico’s Pacific port and popular beach resort of Acapulco as a powerful Category 5 storm, ripping into buildings, causing heavy flooding, disrupting communications and knocking out power early on Wednesday. The hurricane, which intensified from tropical-storm strength to a major hurricane within just 12 hours Tuesday, made landfall in the early hours of Wednesday with maximum sustained winds of around 165 miles an hour, the National Hurricane Center said.
Persons: Otis, Javier Verdin, Hurricane Otis Organizations: Reuters, Reuters MEXICO CITY, Hurricane, National Hurricane Center Locations: Acapulco, Reuters MEXICO
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Persons: Dow Jones, aff19ffa Organizations: otis Locations: acapulco
Hurricane Otis interrupted tropical vacations for some visitors and put a stop to a mining convention in Acapulco, Mexico, as the storm bore down on the city early Wednesday. Among the travelers affected was David Hall, 34, who had arrived on Tuesday from Colima, a city about 300 miles northwest of Acapulco. Mr. Hall works in sales and was in Acapulco for the mining convention. “The wind was so strong, it was so much noise,” Mr. Hall said in an interview. The wind was really, really fast.”He compared the swaying of the hotel where he was staying, the Princess Mundo Imperial, to a “small earthquake,” adding, “It’s a very apocalyptic picture here.”
Persons: Otis, David Hall, “ It’s, , Hall, Princess Organizations: Mr, Hall, Princess Mundo Locations: Acapulco, Mexico, Colima
Otis made landfall near the resort city of Acapulco on the southern Pacific Coast of Mexico as a Category 5 hurricane, bringing record winds and rainfall that could create a “nightmare scenario” of flooding and mudslides, forecasters said early Wednesday. Hurricane Otis’s maximum sustained winds had grown to 165 miles per hour with stronger gusts at about 12:25 a.m. local time, when it made landfall, the National Hurricane Center said. The storm formed in the Pacific Ocean on Sunday, became a Category 1 hurricane midday Tuesday and “explosively intensified” in a matter of hours, becoming the strongest storm ever to hit this part of Mexico, forecasters said. Otis threatens a coast dotted with fishing villages and beach resorts as they gear up for their peak winter season. Along its path lies Acapulco, a large port city and a popular tourist destination home to more than 852,000 people, according to the Mexican government.
Persons: Otis, Organizations: National Hurricane Center Locations: Acapulco, Pacific Coast, Mexico
Before the storm made landfall, President Andrés Manuel López Obrador of Mexico had urged residents in Guerrero to brace for the storm. “Agree to move to shelters, stay in safe places: away from rivers, streams, ravines, and be alert,” he said on Tuesday. It also recommended that Acapulco residents take shelter, avoid crossing streams and flooded streets, and stay away from areas prone to landslides. The rainfall could cause flash and urban flooding, as well as mudslides in the mountainous areas, forecasters said. “There are no hurricanes on record even close to this intensity for this part of Mexico,” the hurricane center added.
Persons: Andrés Manuel López Obrador, , Otis, Hurricane Patricia Organizations: of, Protection Locations: Mexico, Guerrero, Acapulco, Tecpán, Oaxaca, Pacific Coast
On Tuesday morning, few meteorologists were talking about Tropical Storm Otis. At that time, forecast computer models didn’t show much to be concerned about. By Sunday evening, the computer forecast models were still not showing much. This is why meteorologists often preach that a computer model isn’t a forecast — forecasters create forecasts, they like to say. On Monday evening, with Otis still a tropical storm, satellite images revealed a little feature that could mean that the storm was about to intensify very quickly.
Persons: Tropical Storm Otis, Otis, Zach Levitt, Tomer, we’re, Eric Blake, Hurricane Otis Organizations: Tropical Storm, National, U.S, National Hurricane Center, Otis, Hurricane Locations: Mexico, Tomer Burg, Florida, @burgwx, Acapulco
[1/4] Members of the federal forces chat as they keep watch at a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing RightsACAPULCO, Mexico, Oct 25 (Reuters) - Mexico's southern coast braced for Hurricane Otis on Wednesday as the Category 5 storm made landfall near the beach resorts of Acapulco, with the potential to cause "catastrophic damage," the U.S. National Hurricane Center (NHC) said. The hurricane reached land near Acapulco, bringing maximum sustained winds around 165 mph (270 kmh) and heavy rain, the center said. In Guerrero, authorities were preparing storm shelters and the national guard said it was helping to prepare for rescues and evacuations. Reporting by Javier Verdin in Acapulco and Brendan O'Boyle in Mexico City; writing by Brendan O'Boyle; editing by Robert Birsel and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Hurricane Otis, Javier Verdin, CONAGUA, Otis, Andres Manuel Lopez Obrador, Evelyn Salgado, Brendan O'Boyle, Robert Birsel, Bernadette Baum Organizations: REUTERS, Rights, U.S, National Hurricane Center, Guerrero, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Guerrero, Oaxaca, Miami, Mexico City
The hurricane was expected to weaken quickly in Guerrero state’s steep mountains. Otis had strengthened rapidly, going from a tropical storm to a Category 5 hurricane in 12 hours Tuesday. Otis’ arrival came just days after Hurricane Norma struck the southern tip of Mexico’s Baja California Peninsula to the north. Acapulco is a city of more than 1 million people at the foot of steep mountains. The storm was expected to become a powerful extratropical cyclone by Thursday, according to the U.S. National Hurricane Center.
Persons: — Hurricane Otis, Otis, , Abelina López, Pauline, López, Otis ’, Norma, Coyuca de Benitez, Hurricane Tammy, Tammy Organizations: , U.S, National Hurricane Center Locations: ACAPULCO, Mexico, — Hurricane, Pacific, Acapulco, Guerrero, Guerrero’s, Mexico’s Baja California, El Papayo, Coyuca, Hurricane, Lesser Antilles, Bermuda, Mexico City
On Tuesday morning, few meteorologists were talking about Tropical Storm Otis. At that time, forecast computer models didn’t show much to be concerned about. Forecasters with the U.S. National Hurricane Center said that morning that “some slight strengthening” was possible over the following days. By Sunday evening, the computer forecast models were still not showing much. A forecaster uses several tools to create a weather forecast, not just computer models.
Persons: Tropical Storm Otis, Otis, Tomer Organizations: Tropical Storm, U.S, National Hurricane Center Locations: Mexico, Tomer Burg
People stand on the beach after Hurricane Otis' arrival alert in Acapulco, Guerrero state, Mexico on October 24, 2023. Hurricane Otis slammed into Mexico's southern Pacific coast as a catastrophic Category 5 hurricane early Wednesday, bringing dangerous winds and heavy rain to Acapulco and surrounding towns, stirring memories of a 1997 storm that killed dozens of people. The center of Otis is expected to move farther inland over southern Mexico through Wednesday night. Otis is stronger than Hurricane Pauline that hit Acapulco in 1997, López said. Otis' arrival came just days after Hurricane Norma struck the southern tip of Mexico's Baja California Peninsula to the north.
Persons: Hurricane Otis, Otis, Abelina López, Pauline, López, Norma, Coyuca de Benitez, Hurricane Tammy, Tammy Organizations: Hurricane, U.S, National Hurricane Center Locations: Hurricane, Acapulco, Guerrero, Mexico, Pacific, Chilpancingo, Guerrero's, Mexico's Baja California, El Papayo, Coyuca, Lesser Antilles, Bermuda
Morning Bid: Megacaps scatter in the cloud
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +5 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. But after the S&P500 staged an impressive 0.7% bounce on Tuesday, futures were back in the red again ahead of the open. The negativity cut across what was otherwise a more upbeat macro picture and a calmer bond market following recent ructions. Chinese developer Country Garden (2007.HK) is deemed in default on a dollar bond for the first time, Bloomberg News reported. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, Mike Dolan, Alphabet's, Microsoft's, Baker Hughes, Teradyne, Hess, Jerome Powell, Barbara Lewis Organizations: New York Stock Exchange, REUTERS, Big Tech, Google, Microsoft, Meta, IBM, Boeing, Bloomberg News, Treasury, Bank of Canada, Deutsche Bank, United Health, General Dynamics, Whirlpool, Otis, Hilton, U.S, Reuters, PMI, Thomson Locations: New York City, U.S, HK, United States, Europe, Worldline, Germany, Ameriprise, EQT, Washington
Hurricane Otis exploded onto the southwest coast of Mexico early Wednesday, shocking forecasters as it emerged as one of the more powerful Category 5 storms to batter the region and create what one expert called a “nightmare scenario” for a popular tourist coastline. Few meteorologists initially thought the tropical storm would make landfall as a catastrophic hurricane. Most models failed to predict that the storm would intensify over the Pacific Ocean, leading forecasters to believe it would be at most a weak hurricane. But it strengthened with remarkable speed, and by Tuesday evening forecasters and Mexican officials were rushing to warn residents of its potential for destruction. The storm slammed ashore with sustained winds of 165 miles per hour; just a day earlier, Otis brought winds of 65 miles per hour.
Persons: Otis Organizations: Otis Locations: Mexico, Guerrero, Oaxaca
CNN —Hurricane Otis is expected to make landfall Wednesday morning as a Category 5 storm near Acapulco in Mexico, threatening to lash the coastal region with destructive winds, heavy rainfall and potentially “catastrophic storm surge,” forecasters say. Landfall is expected by early Wednesday near or just west of the city, a beach resort town on Mexico’s Pacific coast, the hurricane center said. The heavy rainfall could lead to flash and urban flooding as well as mudslides in higher terrain areas, the hurricane center warned. If Otis makes landfall as a Category 5 hurricane, it would be the first Category 5 landfall for the East Pacific, according to the NOAA Hurricane Database. The previous strongest landfall was Hurricane Patricia in 2015, which made landfall as a Category 4 Hurricane with winds of 150 mph.
Persons: Hurricane Otis, Otis, cnnweather Otis ’, Phil Klotzbach, Patricia Organizations: CNN, Hurricane, Punta Maldonado, Colorado State University, East, NOAA, Otis Locations: Acapulco, Mexico, Punta, Zihuatanejo, Lagunas, Puerto Vallarta, Manzanillo
[1/3] People walk along a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing RightsACAPULCO, Mexico, Oct 24 (Reuters) - Hurricane Otis barreled toward Mexico's beach resort of Acapulco as a Category 5 storm on Tuesday and was poised to make landfall on its Pacific coast early on Wednesday. By 9 p.m. time (0300 GMT on Wednesday) Otis was about 55 miles south-southeast of Acapulco, the Miami-based NHC added. Over the weekend, Hurricane Norma killed at least three people as it passed along the northwest coast of Mexico. Days before, the powerful Hurricane Lidia left one person dead and several injured after battering Mexico's Pacific coast.
Persons: Hurricane Otis, Javier Verdin, Otis, Evelyn Salgado, Norma, Hurricane Lidia, Brendan O'Boyle, Diego Ore, Natalia Siniawski, Alison Williams, Sandra Maler Organizations: REUTERS, Rights, U.S, National Hurricane Center, Punta Maldonado, NHC, Guerrero, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Miami, Zihuatanejo, Guerrero, Oaxaca
Say New Jersey and many think of native sons Bruce Springsteen and Frank Sinatra, Atlantic City, the boardwalk and the famous Jersey Shore (as well as its namesake reality show). But say Central Jersey, and many may think: You making that up?
Persons: Bruce Springsteen, Frank Sinatra Locations: Jersey, Atlantic City, Central Jersey
They built a small house and an outdoor kitchen for $22,500. Ryan and Damo/Life in Rural Thailand"We did that for about a year and a half, and we were growing vegetables here," Ryan said. AdvertisementAdvertisementPhase two: building a small house with an outdoor kitchenThe house has distinctive wooden beams holding up the roof. Ryan and Damo/Life in Rural ThailandWith an eye on permanence, the couple designed a plan for a small home and a freestanding kitchen. Ryan and Damo/Life in Rural ThailandThat made him think about how he and his wife could use their home to make money.
Persons: Ryan, Damo, , you've, That's, They're, Otis, Hugo, We've, they've, Amanda Goh Organizations: Service Locations: Bali, Thailand, Bali , Indonesia, Damo's, Buri Ram, Rural Thailand, agoh@insider.com
U.S. citizens Natalie Raanan, left, and her mother, Judith Raanan, seen in an image from a video following their release Friday at the Israel-Gaza border. Photo: ReutersEVANSTON, ILL.— The father of American Natalie Raanan , who was kidnapped and held hostage by Hamas for two weeks along with her mother, hopes she’s home for her birthday. The teenager from Evanston, Ill., turns 18 on Tuesday, her father, Uri Raanan , said on Saturday.
Persons: Natalie Raanan, Judith Raanan, she’s, Uri Raanan Organizations: Reuters Locations: Israel, Gaza, Reuters EVANSTON, Evanston, Ill
The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil prices — and will hold the keys to the market this coming week. Earnings are one of the three major themes on the marquee next week, with 10 Club companies reporting. Here are the companies: Danaher (DHR), Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Veralto (VLTO), Honeywell (HON), Linde (LIN), Amazon (AMZN), Ford (F) and Stanley Black & Decker (SWK). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: , Jerome Powell, Jim Cramer, Jim, Morgan Stanley, Stanley Black, Decker, Danaher, Veralto, it's, Mark Zuckerberg, We're, Vimal Kapur, Linde, Jim Farley, Ford, FactSet, Powell, WTI, Baker Hughes, Edwards Lifesciences, Northrop, CARR, Davidson, Dr Pepper, Phillips, Jim Cramer's, Michael M Organizations: Dow Jones, Nasdaq, Economic, of New, Treasury, West Texas, Procter, Gamble, 10, Microsoft, Honeywell, Linde, LIN, Health Care, Technology, Communications Services, Google, Meta, Ford, Amazon, United Auto Workers, Atlanta, Wall Street, Hamas, Brent, Strategic Petroleum Reserve, Logitech, Verizon, General Electric, GE, RTX Corporation, Halliburton, HAL, General Motors, Dow Chemical, DOW, Xerox, Texas Instruments, F5 Networks, WM, Boeing, Fisher, Mobile, Hilton, General Dynamics, Norfolk Southern, Otis Worldwide, IBM, KLA, O'Reilly Automotive, Mattel, Whirlpool, Gross, Royal Caribbean Cruises, Hershey Company, United Parcel Service, Southwest Airlines, Altria, Northrop Grumman, Valero Energy Corp, Mastercard, Merck, Co, Myers Squibb, Newmont, Tractor Supply Company, Comcast, Seagate Technology, Boston, Hertz, Carrier, Hasbro, Harley, Intel, Grill, United States Steel, Boston Beer Company, Texas, University of Michigan, Exxon Mobil, Chevron, Charter Communications, Colgate, Palmolive, Newell Brands, Sanofi, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: of New York, U.S, Industrials, OpenAI, America, Venezuela, Cleveland, Norfolk, ORLY, Bristol, Brunswick, Oshkosh, New York City
Sen. Laphonza Butler is a Democrat and longtime labor leader in California. Photo: Rod Lamkey/Zuma PressCalifornia Sen. Laphonza Butler , who was appointed earlier this month to succeed the late Sen. Dianne Feinstein , won’t run for office in next year’s election. The 44-year-old Democrat said on Thursday that it may not be the decision people expected, but it was the right one for her.
Persons: Sen, Laphonza Butler, Rod Lamkey, Dianne Feinstein, won’t Organizations: Zuma Press California Sen Locations: California
Breast cancer signs you need to look out for
  + stars: | 2023-10-16 | by ( Madeline Holcombe | ) edition.cnn.com   time to read: +4 min
CNN —Do you know what to look for to detect breast cancer early? “Many breast changes are the result of aging and childbirth; however, breast cancer can present in a number of ways. “The only breast cancers that are cured … are breast cancers that are detected early,” he said. When it comes to breast cancer, men also need that empowerment, Pariser said. “Although the disease is less common in men, 1% of breast cancers occur in men,” she said.
Persons: Arthur G, Richard J, James, Ashley Pariser, – James, Pariser, , , ” Pariser, Otis Brawley, Brawley, don’t, Organizations: CNN, The Ohio State University Comprehensive Cancer, James Cancer Hospital, Solove Research, American Cancer Society, Bloomberg, Johns Hopkins University, Empowerment Locations: United States
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Persons: Dow Jones, laurie
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/arts-culture/film/taylor-swifts-the-eras-tour-movie-nears-100-million-u-s-debut-313178f6
Persons: Dow Jones, 313178f6
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/elections/jeff-landry-elected-louisiana-governor-in-a-crowded-field-68b3b50b
Persons: Dow Jones, jeff, landry Locations: louisiana
Target CEO Brian Cornell will meet with President Joe Biden on Thursday afternoon as the retailer — and the White House — try to figure out U.S. consumers. Cornell is one of about a half dozen business leaders across industries who will offer up their point of view on the economy and the labor market at the White House. Through a spokesperson, Target confirmed Cornell's attendance at the meeting, but deferred to the White House for more details about the content of the meeting. Biden's meeting with the business leaders comes as the White House gears up for the next presidential election — a time when his track record on the economy and inflation will be under the microscope. Cornell has met with the White House before.
Persons: Brian Cornell, Joe Biden, Biden, Brendan Bechtel, Calvin Butler, Kenneth Chenault, Thasunda Brown Duckett, Arvind Krishna, Judy Marks, , Cornell, Doug McMillon, Donald Trump Organizations: White, Cornell, Bechtel Group, Catalyst, IBM, Otis Worldwide, Target, White House, New, Pride Locations: New York City, San Francisco
Biden to meet with Target, IBM and other CEOs
  + stars: | 2023-10-12 | by ( ) www.reuters.com   time to read: +1 min
U.S. President Joe Biden participates in a roundtable with Jewish community leaders regarding the Palestine-Israel conflict, in the Eisenhower Executive Office Building on the White House campus in Washington, U.S. October 11, 2023. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Oct 12 (Reuters) - President Joe Biden will meet with the chief executives of several large companies on Thursday to get their perspective on the U.S. economy, a White House official said. The meeting at the White House includes the CEOs of Target(TGT.N), IBM(IBM.N) and Exelon(EXC.O), Bechtel Group, General Catalyst, TIAA and Otis Worldwide, representing the construction, manufacturing, clean energy, finance and retail industries. Biden is seeking the executives' perspectives on the economy and on his administration's efforts to provide domestic investment, the White House official said. He pushed Congress to pass sweeping legislation to invest in infrastructure, target student loan debt and has been a vocal supporter of workers' rights.
Persons: Joe Biden, Jonathan Ernst, Catalyst, Biden, Steve Holland, Susan Heavey, Doina Organizations: White, REUTERS, Rights, White House, Target, IBM, Bechtel Group, Otis Worldwide, Democratic, Wednesday, Thomson Locations: Palestine, Israel, Washington , U.S, U.S
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