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Hurricane Helene: Now comes the hard work of recovering
  + stars: | 2024-09-29 | by ( Steve Almasy | ) edition.cnn.com   time to read: +18 min
Kathleen Flynn/Reuters Boats displaced by Hurricane Helene sit in front of homes in Treasure Island, Florida, on Saturday. Joe Raedle/Getty Images Hurricane Helene is seen in a satellite photo Thursday afternoon. He was briefed Sunday by Federal Emergency Management Agency Administrator Deanne Criswell and Homeland Security Adviser Liz Sherwood-Randall on recovery efforts from Hurricane Helene. Heavy rains from hurricane Helene caused record flooding and damage on September 28 in Asheville, North Carolina. Workers clear Cane Creek Road in the aftermath of Hurricane Helene on September 29 in Fairview, North Carolina.
Persons: Joe Biden, , Meredith Keisler, Keisler, , Krista Cortright, Cortright, ” Cortright, Hurricane Helene, Gerald Herbert, Melissa Sue Gerrits, Sean Rayford, Elmira Glover, Kathleen Flynn, Helene, Joe Raedle, Marco Bello, Jonathan Drake, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Mike Stewart, Candice Ocvil, Jibri Tolen, Erik S, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante, Michael Callahan, Duke, ” Callahan, , Avril Pinder, Craig Fugate, William Ray, ” Fugate, ” Cooper, Biden, Brian Kemp, Roy Cooper, Deanne Criswell, Liz Sherwood, Randall, Criswell, Donald Trump, ” Trump, “ It’s, It’s, Ken Graham, Esther Manheimer, ” Manheimer, Michelle Coleman, CNN she’s, Coleman, ” Coleman, Gary O’Dell, he’s, I’ve, ” CNN’s Robert Shackelford, Sarah Dewberry, Rafael Romo, Jade Gordon, Ashley R, Williams, DJ Judd, Sunlen Serfaty, Lauren Mascarenhas, Eric Levenson, Isabel Rosales, Taylor Galgano, Sara Smart, Conor Powell, Caroll Alvarado, Caroline Jaime, Emma Tucker, Artemis Moshtaghian, Afshar, Raja Razek Organizations: CNN, White House, ” Workers, Hurricane, Getty, Reuters, USA, Tampa Bay Times, AP, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA, Buncombe County , North Carolina –, Emergency, , Sunday, Georgia Gov, North Carolina Gov, Federal Emergency Management, Homeland, Weather, National Weather Service, Workers, WLOS, Asheville Dream Center Locations: North Carolina, South Carolina, Georgia, Florida, Tennessee, Virginia, Carolinas, Asheville, Marion, Western North Carolina, Hurricane, Steinhatchee , Florida, , North Carolina, Asheville , North Carolina, Treasure Island , Florida, Horseshoe Beach , Florida, Boone , North Carolina, Valdosta , Georgia, AFP, Laurel, Vilas , North Carolina, Crystal River , Florida, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Port Saint Joe , Florida, Bay Lake , Florida, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Artemisa province, Cuba, Panacea , Florida, Puerto Juarez, Cancun, Mexico, Clearwater , Florida, Buncombe County , North Carolina, , Washington, North Carolina , Tennessee, Rehoboth Beach , Delaware, Florida , Georgia, Alabama, Bend, Alabama , Tennessee, Erie , Pennsylvania, West Virginia, Kentucky, Baltimore, Fairview , North Carolina, Vietnam
Nine people, one of them a child, have been confirmed as dead after their boat sank in the early hours of Saturday morning, emergency and rescue services said. “After what happened yesterday and if the forecast for the arrival of the migrant boats happens, then it will be the biggest humanitarian crisis to happen to the Canary Islands in 30 years,” Candelaria Delgado of the Canary Islands government, told reporters on Sunday. Three of those rescued suffered from hypothermia and dehydration, rescue services said on Sunday. As hopes of finding more survivors diminished, police installed a morgue on El Hierro, authorities said. Three other boats reached the Canary Islands during the night, carrying 208 migrants.
Persons: El, Frontex, ” Candelaria Delgado Organizations: Spain Reuters — Patrol, Rescuers, Spanish coastguard, Reuters, Channel, Canary Locations: El Hierro, Spain, Africa, Canary, Spanish, Mali, Mauritania, Senegal, West Africa, Turkey, Greece, Britain, Lanzarote
But when my ex-sister-in-law Barbara died, I realized that things had changedSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementMy sister-in-law died five years after her brother and I divorced, but in my mind, I was still married to the rest of the family. AdvertisementThough I was the ex-sister-in-law, I had loved Barbara like a sister, and in my mind, that made me family. I was not surprised that I was given the opportunity to go through Barbara's things, because I had tried to remain part of the family after I got divorced five years earlier. Best of all, they always introduced me to people as their sister, and I felt like family.
Persons: Barbara, , Margery Berger Organizations: Service, Netflix Locations: Maine
In a statement, the company said it was no longer operating, extended its condolences to relatives of the victims, and noted it has cooperated with the Coast Guard and National Transportation Safety Board investigations. Neubauer said the testimony gave important insight into the potential motivation in Rush and his company. Peter Girguis, a Harvard University professor and oceanographer who monitored the hearing, told CNN evidence of Rush’s ego-driven approach and heedlessness to repeated safety concerns appears to loom large in the disaster. Specifically, the letter alleged the language on OceanGate’s website was “confusing and misleading” and implied the Titan was “classed,” meaning certified to industry standards. The letter took issue with OceanGate’s decision not to try to get the Titan classified.
Persons: Jason Neubauer, , OceanGate, Stockton, Rush, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet, Neubauer, , Peter Girguis, “ Stockton, ” Girguis, ” Neubauer, Karl Stanley, Stanley, ” Stanley, , ” Donald Kramer, Stockton Rush, He’s, Amber Bay, Phil Brooks, OceanGate’s, Brooks, couldn’t, , William Kohnen, Kohnen, ” Kohnen, ” Rush, CNN’s Dakin Andone, Eric Levenson Organizations: CNN, Coast Guard, Titan, Marine Board, Stockton Rush, Authorities, Atlantic, Marine Board of Investigation, National Transportation Safety, Harvard University, “ Stockton Rush, US Justice Department, National Transportation Safety Board, Justice Department, Stockton, Marine Technology Society, OceanGate Locations: Everett, Washington, English, Honduras, Stockton, Amber, paychecks, OceanGate, , “ Stockton, North Charleston , South Carolina
AdvertisementIsrael's assassination of Hassan Nasrallah, the head of Hezbollah for over 30 years, is a major escalation in the Middle East conflict. A senior Iranian commander working with Nasrallah was also killed in the attack, Iranian state media confirmed on Saturday. AdvertisementIn the days after that attack, Iran telegraphed its response before launching hundreds of missiles and drones toward Israel in an unprecedented retaliation. AdvertisementIran's supreme leader, Ayatollah Ali Khamenei, in a statement released on Saturday, said Iran stands with Hezbollah but did not threaten any military response. Still, Israel, anticipating a response from Hezbollah and other proxies in the region, and possibly Iran as well, ordered its citizens to avoid large gatherings.
Persons: Hassan Nasrallah, Nasrallah, , Israel, Mohammad Reza Zahedi, Slim, Ayatollah Ali Khamenei, Jonathan Panikoff Organizations: Service, Iranian Revolutionary Guard Corps, Force, Middle East Institute, Saturday, Israel Defense Forces, Atlantic Council Locations: Iran, Israel, Saudi Arabia, United States, Iranian, Damascus, Syria, Brig, Lebanon, Hamas, Gaza, Washington ,, Islamic Republic, Yemen, Tehran
A major Trump Media shareholder has sold nearly all of its company shares, an SEC filing showed. It's the first known sale of Trump Media shares following a September 19 lock-up expiry. AdvertisementTrump Media shareholder United Atlantic Ventures has sold nearly all of its stake in the company, amounting to nearly 11 million shares. The sale is the first known case of company insiders ditching Trump Media shares now that restrictions have expired. AdvertisementGiven how volatile the Trump Media stock is, UAV may have received anywhere between $128 million and $170 million for its sale.
Persons: , Andrew Litinsky, Wes Moss, Donald Trump's, Moss, Trump, DJT Organizations: Trump Media, SEC, United Atlantic Ventures, Service, Social, UAV, Trump
These companies are among the leading importers at the 14 major ports that an ILA strike would impact, according to ImportGenius. Out of the 85,000 members, 50,000 would go on strike at the 14 ports that are subject to a master contract that has not been negotiated. Separately, the Port of Montreal union affiliated with the Canadian Union of Public Employees issued a 72-hour notice that its own three-day strike starts on Monday, Sept. 30. Robinson, tells CNBC this strike could exacerbate the U.S. port strike disruption. "We'll shut them down," Daggett said in a recent video message to union members.
Persons: ImportGenius, Peter Sand, James McNamara, Mia Ginter, Robinson, Ginter, Harold Daggett, Daggett, William George, Biden, Taft, Hartley, USMX, McNamara, Maersk Organizations: International Longshoremen's Association, LG Electronics, Walmart, Ikea, Samsung, ILA, Cruise, Brothers, Port, Canadian Union of Public Employees, CNBC, U.S, Home Depot, Hyundai, General Motors, Dollar, . Tire, Michelin, Goodyear, Continental Tire, Glovis, Samsung Electronics, IKEA, US Maritime Alliance, NLRB, Reuters, Biden, Georgia Ports Authority, U.S ., Gulf, Mitre Locations: East Coast, Gulf Coast, Canada, West Coast, West, Coast, Great Lakes, Montreal, C.H, Port of Montreal, of Los Angeles, Lading, New York, New Jersey, Baltimore, Savannah, Houston , North Carolina, South Carolina, Virginia, New Orleans, Glovis America, In Savannah, Georgia, South, America, Newark, Maine, Texas, Boston , New York, Philadelphia, Wilmington, Norfolk, Charleston, Jacksonville, Tampa , Miami , New Orleans, Mobile, Houston, Gulf, NY, NJ, U.S . East Coast, Port of New York
CNN —No trees have grown on the windswept Falkland Islands in the South Atlantic Ocean for tens of thousands of years — just shrubs and other low-lying vegetation. “It’s very sort of windswept and barren.”The Falkland Islands are a British-ruled overseas territory over which Great Britain and Argentina fought a brief war in 1982. But the story of this hidden forest goes back even further in time than the researchers initially thought. “The Falkland Islands are currently covered by grasslands and lack native trees,” Donovan added. However, the islands are unlikely to see a return to a forest landscape anytime soon, Thomas said.
Persons: Zoë Thomas, , , Thomas, Michael Donovan, wasn’t, ” Donovan, Haidee, Chris Turney, what’s, Donovan Organizations: CNN, UK’s University of Southampton, Britain, Falklands, Antarctic, University of Southampton, Chicago’s, Australia’s University of New, Southern Locations: Falkland Islands, Stanley, Falkland, British, Great Britain, Argentina, Australia’s University of New South Wales, Patagonia, Antarctica, Westerly, Islas, South America
CNN —Dame Maggie Smith, one of Britain’s best-known actresses whose long career ranged from starring opposite Laurence Olivier in “Othello” on stage and screen, to roles in “Harry Potter” and “Downton Abbey,” has died, her sons announced in a statement shared by their publicist Clair Dobbs. “It is with great sadness we have to announce the death of Dame Maggie Smith. Everett CollectionSmith was made a Dame Commander of the Order of the British Empire in 1990, and from then on was widely known as Dame Maggie Smith. She came to the notice of younger viewers as the strict but fair witchcraft teacher Minerva McGonagall in “Harry Potter and the Sorcerer’s Stone” (2001), also appearing in several “Harry Potter” sequels. In her later years, Smith became a role model for ageing gracefully, a process she handled with her customary charm and wit.
Persons: Maggie Smith, Laurence Olivier, , , “ Harry Potter ”, Downton, Clair Dobbs, Dame Maggie Smith, ” Smith, Smith, William Shakespeare’s “, Olivier’s, Miss Jean Brodie, Neil Simon’s, Judith Hearne, Dowager Countess, Everett, Mussolini, Franco Zeffirelli, Minerva McGonagall, “ Harry Potter, Harry Potter, Violet Crawley, Dowager, Robert Stephens –, , Beverley Cross Organizations: CNN, Chelsea, Westminster Hospital, Oxford University, Oxford Playhouse School, Oxford University Dramatic Society, The Old, British, Acclaim, Atlantic Locations: Ilford, London, Oxford, , , California, British, Florence, Italy, Grantham, “ Downton, Los Angeles
Shares of Trump Media were trading more than 6% higher as of 2 p.m. It was left with just 100 shares in Trump Media, which also owns former president Donald Trump's social media app Truth Social. Litinsky and Moss co-founded the social media company with Trump in 2021. The two have since fallen out with Trump and engaged in legal disputes with Trump Media over their shares. In previous regulatory filings, Trump Media has stated that the success of its sole product, Truth Social, depends on Trump's popularity and continued use of the platform.
Persons: Andrew Litinsky, Wes Moss, Donald Trump's, Litinsky, Moss, Trump Organizations: Trump Media, United Atlantic Ventures, Trump, Thursday's Securities, Exchange Commission, Nasdaq
The Nasdaq Market site is seen on the day that shares of Truth Social and Trump Media & Technology Group start trading under the ticker "DJT", in New York City, U.S., March 26, 2024. United Atlantic Ventures LLC, a major shareholder in Trump Media , has sold or otherwise gotten rid of more than 7.5 million shares in the company, according to a regulatory filing on Thursday. UAV, whose managing member is Andrew Litinsky, owned 7,525,000 shares of Trump Media as of March 25, which represented 5.5% of the then-outstanding shares in the social media company, according to the 13G filing with the Securities and Exchange Commission. Former President Donald Trump owns more than 56% of Trump Media shares, which trade under the ticker DJT on the Nasdaq. UAV received more than 7.5 million shares in late March, when Trump Media went public after completing its merger with the blank-check company Digital World Acquisition Corp.
Persons: Andrew Litinsky, Donald Trump, Wes Moss, Trump, Moss Organizations: Nasdaq, Truth Social, Trump Media & Technology Group, United Atlantic Ventures, Trump Media, Securities and Exchange Commission, Twitter, Facebook Locations: New York City, U.S
Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the indictment as "Businessman-1." An August 2015 letter from New York's conflict of interest board approving the travel, lists Bahcesehir as the only university helping pay for the trip. The City reported that Adams met with Yucel in December 2015 as part of his second trip that year to the country. A spokesman for Adams referred CNBC to his personal attorneys who did not return requests for comment.
Persons: Eric Adams, Enver Yucel, Adams, Yucel Organizations: New York City, CNBC, Bahcesehir University, Bay Atlantic University, The City, Yucel Locations: New, Turkish, Turkey, Washington ,, Brooklyn, The
CNN —A major Trump Media shareholder and former contestant on “The Apprentice” has unloaded almost his entire stake in former President Donald Trump’s social media company. Although the stock price has been volatile, that stake is worth roughly $100 million at current prices. That is down from just over 7.5 million shares that the firm owned as of late March. Insiders were prohibited from selling shares in Truth Social owner Trump Media by lock-up restrictions, which appear to have lifted. Trump owns 114.75 million shares in Trump Media, according to the most recent filings.
Persons: Donald Trump’s, Andy Litinsky, Litinsky, burnish, Trump Organizations: CNN, Trump Media, United Atlantic Ventures, Trump Media & Technology Group, NBC, Insiders, Truth Social, Trump
CNN —Some types of sea robins, a peculiar bottom-dwelling ocean fish, use taste bud-covered legs to sense and dig up prey along the seafloor, according to new research. A species of sea robins called Prionotus carolinus studied by the researchers used their legs for walking, digging and sensing the seafloor. And the fish that lacked sensory capabilities and used their legs mainly for walking were striped sea robins, or Prionotus evolans. The digging sea robins had shovel-shaped legs that were covered in protrusions called papillae, which are similar to the taste buds on our tongues. Both researchers said they are keen to uncover the exact mechanisms behind the evolution of the sea robins’ sensory appendages.
Persons: David Kingsley, Kingsley, Rudy J, Daphne Donohue Munzer, ” Kingsley, “ I’d, Mike Jones, Amy Herbert, , ” Herbert, Herbert, Corey Allard, ’ ” Allard, Nick Bellono, ” Bellono, carolinus, ” Allard, Tbx3, Jason Ramsay, Ramsay, Anik, ” Ramsay Organizations: CNN, Marine Biological, Stanford University’s School of Medicine, Stanford, Harvard University, Rhode Island College, Harvard, University of Chicago Locations: Woods Hole , Massachusetts, Harvard, New England
JPMorgan Chase CEO Jamie Dimon spoke at The Atlantic Festival 2024 this month. Dimon said American schools should change how they approach education. He said schools should teach subjects like financial education and nutrition. Go to newsletter preferences Thanks for signing up! Dimon said that high schools and community colleges could do more to prepare young folks for adulthood.
Persons: Jamie Dimon, Dimon, Organizations: JPMorgan, Service, JPMorgan Chase, Business
That may be enough to overwhelm Israel's Iron Dome air defense system and inflict huge damage on the country's cities and infrastructure, experts say. Two unnamed US officials told the publication that Israel believes the Iron Dome could be vulnerable, particularly in the north. The Iron Dome is one of the most advanced defense systems in operation today. Each battery consists of three to four launchers carrying dozens of Tamir interceptor missiles and a sensitive radar, US military Iron Dome contractor Raytheon Technologies said. AdvertisementIsrael's Iron Dome repelled a barrage of rockets from Hezbollah.
Persons: , William Wechsler, JALAA, Wechsler, Israel, Tamir, It's, " Wechsler Organizations: Service, Hezbollah, Business, Center for Strategic, International Studies, Israel's, Middle, The Atlantic Council, Israel Defense Forces, CNN, IDF, Iron Dome, Raytheon Technologies Locations: Israel, Lebanon, Iran, Gaza, Israel's, Beirut, Tehran, Anadolu, United States, Tel Aviv
Winners in each category are based on votes from Aldi shoppers in the US — this year, the chain collected 37,000 responses. Kristina LopezIn the "Feel Good Pick" category, shoppers voted for their favorite "balanced swap." Many shoppers want Huntington Home Swedish dishcloths back on shelvesIn the new "Encore" category, shoppers voted for which limited-edition Aldi item they'd like to see return to shelves. Shoppers gave the crown to Specially Selected Napa Valley cabernet sauvignonFor years, Aldi has been famous for its budget-friendly wine selection. This year, the title of best Specially Selected wine went to the Napa Valley cabernet sauvignon that usually retails for about $15.
Persons: , Brian Custer, Anthony St, Clair, It's, Angus, Angus ribeye, Kristina Lopez, Caesar, might've Organizations: Service, Aldi, Business, Shoppers, Voters, The, Mama, of Fame, Aldi Aldi, Huntington, Huntington Home Locations: New York, Gouda, The Netherlands, Aldi's, romaine, Asiago, Atlantic, Napa, sauvignon
A hurricane watch and warnings of storm surges up to 15 feet high were issued Tuesday for almost all of Florida's western coastline as a potential tropical storm moves across the Caribbean Sea and towards the Gulf Coast. The hurricane watch extends from Indian Pass in north-west Florida near Panama City, down to Englewood, and includes Tampa Bay. Hurricane and tropical storm watches are now in effect for the entire western coast of the Sunshine State. A hurricane watch means that hurricane conditions are possible, and is typically issued 48 hours before the anticipated onslaught of tropical-storm-force winds and conditions. Outside of the U.S., a hurricane watch is also in effect for parts of eastern Mexico from Cabo Catoche to Tulum and Pinar del Río in Cuba.
Persons: Helene, Ron DeSantis, DeSantis, Floridians, Beryl, Debby, Francine Organizations: Grand Cayman, National Hurricane Center, NHC, Sunshine State, Lower, Florida Gov, Federal Emergency Management Agency, National Guard, Florida State Guard, Atmospheric Administration, Climate Central, Northern, Florida Climate Center Locations: Gulf Coast, Florida, Panama City, Englewood, Tampa, Grand, Mexico, Flamingo, Walton, Bay, Bonita Beach, Lower Florida Keys, U.S, Cabo Catoche, Tulum, Pinar del Río, Cuba, Cayman Islands, Tallahassee, Gulfport, Henrico County, Bend, Caribbean, Northern Caribbean, Eastern Gulf of Mexico, Texas, Florida’s Big Bend, South Carolina, Louisiana
Some countries are fairly straightforward about their requirements for citizenship through jus sanguinis. Hungary offers citizenship based on jus sanguinis with some caveats, too. “When both of my parents got their Hungarian citizenship around four years ago, it made it easier for me to get it,” said Koszorus, 41, who received his Hungarian citizenship this summer, less than a year after he started the paperwork and application process. And a private Facebook group called Dual US-Italian Citizenship has more than 70,000 members and is among many other resources available to people who think they might have a blood right path to Italian citizenship. Florida-based travel writer Terry Ward lives in Tampa and has the blood right to Italian citizenship through her paternal great-great-grandfather.
Persons: Lisa Wixon, jus solis, she’d, , Wixon, ’ ”, Sophie Jo Wasson, Fragomen, Czechia, Wasson, Frans Sellies, , ” Wasson, Franco, Ferenc G, Koszorus, Koszorus That’s, Marco Permunian, Vittorio Emanuele II, Marco Bottigelli, Permunian, Janna Graber, ” Graber, Graber, Richard Orbidans, Orbidans, Drew Angerer, won’t, Terry Ward Organizations: CNN, New, European Union, , Croatian, Getty, Irish, Department of Foreign Affairs, Nazi, First Armored Division, Citizenship Assistance, Vittorio, ICA, Facebook, Go, Latvian, Baltic, Visitors, Ellis, National Museum of Immigration Locations: New York City, United States, Rijeka, Croatia, Europe, Ireland, France, London, Italy, Spain, Austria, Poland, Romania, Hungary, Yugoslavia, Moher, Northern Ireland, Germany, Austrian, Spanish, American, Washington, DC, Hungarian, Nazi, West Germany, Milan, Italian, Baltic, Colorado, Riga, Latvia, Lithuanian, Lithuania, Ellis, European, Florida, Tampa
Why all eyes are on Intel now
  + stars: | 2024-09-24 | by ( Helen Li | ) www.businessinsider.com   time to read: +8 min
Read previewOnce a Silicon Valley leader, Intel has been a staple of the computer chip-making business for decades. Even if Qualcomm acquired Intel, it's unclear what it would do with its manufacturing operations. Which Intel lacked," tweeted Bryan Catanzaro, vice president of applied deep learning research at Nvidia, who previously worked at Intel as an intern on the Larrabee project. The CPUs that made Intel big now have presented what Logan Purk, senior analyst at Edward Jones, called "the inventor's dilemma," when newer technology replaces established incumbents. Mobile chipmaker Qualcomm approached Intel to acquire its chip-designing business and, later, a merger deal, Reuters and the Journal reported, respectively.
Persons: , Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, chipmaker, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Mobile chipmaker, Dan Morgan, Morgan Organizations: Service, Intel, Business, Wall, Journal, Qualcomm, VMware, Bernstein Research, Atlantic, Apple, Microsoft, Systems, Habana Labs, Nvidia, Companies, AMD, Samsung, Mobile, Mobile chipmaker Qualcomm, Reuters, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana
Tracking Tropical Storm Helene
  + stars: | 2024-09-24 | by ( Matthew Bloch | William B. Davis | Madison Dong | ) www.nytimes.com   time to read: +3 min
Tracking Tropical Storm Helene Leer en españolHelene was a tropical storm in the Caribbean Sea early Wednesday Eastern time, the National Hurricane Center said in its latest advisory. The tropical storm had sustained wind speeds of 60 miles per hour. By The New York TimesHelene is the eighth named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.
Persons: Helene Leer, Helene, The New York Times Helene Organizations: National Hurricane Center, The New York Times, NOAA, National Oceanic, Atmospheric Administration, Hurricanes Locations: Caribbean, Fla, Fort Myers, St . Petersburg, United States
Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper said both consumer products company offer an attractive risk/reward. Piper Sandler upgrades Salesforce to overweight from neutral Piper said it sees an attractive risk/reward for the stock. Bernstein reiterates Amazon as outperform Bernstein said advertising is "key to the bull case once again" for Amazon. Wedbush upgrades Comerica to outperform from neutral The firm added the regional bank to its best ideas list. " CFRA reiterates Nvidia as buy The firm says it sees Nvidia with "sustained compute demand" over the coming years.
Persons: Piper Sandler, Dwight, Piper, Baird, Jefferies, it's bullish, Raymond James reinstates Uber, Raymond James, Goldman Sachs, Goldman, KeyBanc, Morgan Stanley, immuno, Oppenheimer, Lowe's, Redburn, it's, Truist, Baird downgrades McKesson, Needham, Apple, Pinterest, Leerink, Guggenheim, Tesla, TSLA, Bernstein, CFRA Organizations: Colgate, Palmolive, Church, Jefferies, Starbucks, Avidity Biosciences, BP, Exxon, Costco, Walmart, Apple, GE Vernova, UBS, Citi, Mastercard, Visa, U.S, DOJ, Comerica, CMA, Nvidia
Agriculture is responsible for more than 10% of global carbon emissions, according to the U.S. Environmental Protection Agency. But while agriculture is a massive carbon offender, it could now be part of a solution, as startups are trying new ways of using nature to save itself. Startups like Lithos, UNDO Carbon and California-based Eion are experimenting with several types of carbon-absorbing rocks that can accomplish what lime does while permanently removing carbon from the atmosphere at the same time. "We apply a rock dust onto farms, and that helps farmers condition the soil or make the soil better for improvements," said Anastasia Pavlovic, CEO of Eion. "Then over time, that manages to secure and sequester carbon, permanently removing it from the atmosphere."
Persons: Anastasia Pavlovic, Eion, " Pavlovic, Dan Prevost, Prevost, Elon, Pavlovic, Lisa Rizzolo Organizations: U.S . Environmental Protection Agency, Farmers, Eion, Midwest, CNBC Locations: California, Norway, Mississippi, Illinois
Piper Sandler upgraded shares of Salesforce to overweight, with its new price target implying upside of more than 20%. Helfstein placed a $45 price target on shares, implying about 48% upside from Monday's close. Along with the downgrade, Low reduced the firm's oil price target to $75 from $80 a barrel. — Samantha Subin 6:02 a.m.: Jefferies downgrades Starbucks to underperform Jefferies is bracing for more troubles ahead for shares of Starbucks . SBUX mountain 2024-06-28 SBUX in Q3 — Samantha Subin 5:45 a.m.: Piper Sandler upgrades Salesforce Piper Sandler is turning more bullish on shares of Salesforce .
Persons: Piper Sandler, Lowe's, Oppenheimer, Jason Helfstein, Pinterest, Helfstein, — Samantha Subin, Jefferies, Keith Devas, Samantha Subin, Peter Low, underperform Jefferies, Andy Barish, Barish, they've, Salesforce Piper Sandler, Brent Bracelin, Bracelin, Brian Nagel, Nagel, it's, Fred Imbert Organizations: CNBC, Oppenheimer, Amazon, Google, Kenvue, Atlantic, Exxon Mobil, BP, Starbucks, U.S, Federal Reserve Locations: China, Salesforce, Monday's
Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.S., the world's biggest crude producer, later this week. Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.S., the world's biggest crude producer, later this week. Brent crude futures for November were up 21 cents, or 0.3%, at $74.11 a barrel at 0030 GMT. "The oil market has been concerned that rising tensions in the region were dragging the OPEC oil producer closer to engagement," said ANZ bank said in a note, referring to Iran. U.S. oil producers were evacuating staff from Gulf of Mexico oil production platforms as forecasters predicted the second major hurricane in two weeks could tear through offshore oil producing fields.
Organizations: Brent, Hezbollah, ANZ, U.S, National Hurricane Center Locations: Israel, U.S, Lebanon, Iranian, Hamas, Gaza, Iran, Gulf Coast, Gulf, Mexico, Cuba
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