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After the eye of Hurricane Ian wreaked havoc over Florida Wednesday, striking videos have surfaced showing heroic rescues of people stranded in submerged cars and wading in floodwaters, as well as heartbreaking footage of the widespread devastation left in the storm’s wake. As Floridians grapple with rushing floodwaters, life-threatening storm surges, and a blackout affecting more than 2 million people — glimmers of hope have emerged in videos showing how the community has stepped up to protect one another. Glen rushing out there and helping some people in.”In Naples, the Naples Fire-Rescue Department shared video showing the rescue of a woman from a submerged vehicle Wednesday. The video shows the moment the man is lifted from the vehicle and two men carry him through waist-deep water looking for a safe place to hunker down. Videos uploaded online show the havoc the storm left in its wake and how quickly it came ashore, submerging entire neighborhoods.
Residents of southwest Florida faced scenes of widespread destruction and flooding Thursday, as Hurricane Ian continued to batter the state overnight with high winds and rain. Rescue crews and local officials fanned out across hard-hit areas of the state, including Naples and Fort Myers, to assess the damage from the storm, which made landfall Wednesday afternoon as a destructive Category 4 hurricane with maximum sustained winds of 150 miles an hour.
The House Jan. 6 committee is interviewing Ginni Thomas, a conservative activist and the wife of Supreme Court Justice Clarence Thomas, on Thursday, two sources familiar with the plans told NBC News. The interview was scheduled to begin around 9:30 a.m. NBC News cameras outside the O’Neill House building captured Thomas as she arrived at the Capitol. A source close to the panel told NBC News last week that the committee had reached an agreement with Thomas to be interviewed. Thomas first came under scrutiny for messages she sent to Mark Meadows, who was White House chief of staff on Jan. 6, telling him to encourage then-President Donald Trump not to concede the election to Joe Biden. The Jan. 6 committee delayed a public hearing that had been scheduled for Wednesday of this week because of Hurricane Ian.
The Dow and S&P 500 e-minis fell for the seventh time in eight sessions, while megacap growth names such as Amazon.com Inc , Apple Inc (AAPL.O), Microsoft Corp , Meta Platforms Inc and Tesla Inc (TSLA.O) lost between 1.6% and 2.7% in premarket trading. read moreIn the previous session, the S&P 500 recorded its first gain in seven sessions. The benchmark index has lost about $9.1 trillion in market value this year and was last valued at $31.2 trillion, according to Datastream. ET, Dow e-minis were down 364 points, or 1.22%, S&P 500 e-minis were down 55 points, or 1.47%, and Nasdaq 100 e-minis were down 207.75 points, or 1.8%. read moreShare of peers United Airlines Holdings (UAL.O), Southwest Airlines (LUV.N) and Delta Air Lines (DAL.N) fell between 1.6% and 2.0%.
Ian was downgraded to a tropical storm Thursday morning after slamming into Florida’s southwest coast as a major Category 4 hurricane Wednesday afternoon, bringing 150 mph winds and life-threatening storm surge. Maximum sustained winds dropped to near 65 mph with higher gusts early Thursday, but the storm has continued to cause destruction as it moves northeast. Its center is expected to move off the east-central coast of Florida later Thursday before approaching the coast of South Carolina on Friday. President Joe Biden on Thursday declared a major disaster in Florida over the devastation caused by Ian. Meanwhile, in Cuba power is slowly being restored for residents across the country following sweeping outages in Ian's wake.
Oil rises towards $90 as OPEC+ considers output cut
  + stars: | 2022-09-29 | by ( Ahmad Ghaddar | ) www.reuters.com   time to read: +2 min
LONDON, Sept 29 (Reuters) - Oil prices firmed on Thursday, erasing earlier losses, on indications that OPEC+ might cut output, though a stronger dollar and weak economic outlook kept a lid on gains. Brent crude futures rose 52 cents, or 0.6%, to $89.84 a barrel by 1027 GMT and U.S. crude futures rose by 52 cents, or 0.6%, to $82.67. Leading members of OPEC+ have begun discussions about an oil output cut when they meet on Oct. 5, two sources from the producer group told Reuters. Reuters reported this week that Russia is likely to propose that OPEC+ reduces oil output by about 1 million barrels per day (bpd). In China, the world's biggest crude oil importer, travel during the forthcoming week-long national holiday is set to hit its lowest level in years as Beijing's zero-COVID rules keep people at home while economic woes curb spending.
More than two million people across Florida were without power Thursday morning after Hurricane Ian walloped the state as one of the most powerful storms to ever hit the U.S., causing widespread devastation and flooding that trapped residents in their homes. Ian was downgraded to a Category 1 storm hours after slamming into Florida’s southwest coast as a major Category 4 hurricane Wednesday afternoon, bringing 150 mph winds and life-threatening storm surge. Further weakening is expected over the next day or so, but it continued to cause destruction as it moved northeast. Maximum sustained winds had dropped to near 75 mph with higher gusts as of early Thursday morning, the NHC said. Meanwhile, in Cuba power is slowly being restored for residents across the country following sweeping outages in Ian's wake.
LONDON, Sept 29 (Reuters) - Oil prices fell on Thursday, with a stronger dollar paring the previous day's more than $3 gain, though losses were capped by indications that the OPEC+ producer group might cut output. Goldman Sachs cut its 2023 oil price forecast on Tuesday, citing expectations of weaker demand and a stronger U.S. dollar, but said global supply disappointments reinforced its long-term bullish outlook. Meanwhile, leading OPEC+ members have begun discussions about an oil output cut when they meet on Oct. 5, two sources from the producer group told Reuters. read moreOne source from the Organization of the Petroleum Exporting Countries (OPEC) said a cut looks likely but gave no indication of volumes. Reuters reported this week that Russia is likely to propose that OPEC+ reduces oil output by about 1 million barrels per day (bpd).
Hurricane Ian had weakened to a Category 1 late Wednesday, but the powerful storm that caused life-threatening storm surges, floods that stranded people in their homes and knocked out power to more than 2 million was not over, officials warned. At 2 a.m., Ian was around 55 miles southwest of Cape Canaveral and moving northeast at 9 mph, the hurricane center said. The storm is believed to be one of the strongest hurricanes ever recorded making landfall in Florida. Central and northeast Florida could get 20 inches of rain, and life-threatening storm surge remained a risk for parts of Florida’s western and eastern coasts, the hurricane center said. But it then will likely turn north and approach the northeastern Florida, Georgia and South Carolina coasts Friday, according to the hurricane center.
From the Galveston Hurricane in 1900 to Hurricane Maria in 2017, these are the most destructive hurricanes to ever make landfall in modern America.
Airlines cancel 2,000 U.S. flights for Thursday
  + stars: | 2022-09-29 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
Sept 28 (Reuters) - Airlines canceled almost 2,000 U.S. flights for Thursday after Hurricane Ian hit Florida's Gulf Coast with catastrophic force in one of most powerful U.S. storms in recent years. Since Tuesday airlines have canceled more than 5,000 flights through Friday. Airlines canceled 2,163 flights Wednesday as a number of Florida airports temporarily halted operations, including Tampa, Orlando, Sarasota-Bradenton, Melbourne, Daytona Beach, Naples and St Petersburg/Clearwater. Airlines canceled 403 flights Tuesday ahead of the storm. Through Wednesday, JetBlue canceled 25% of its U.S. flights and 20% of Thursday flights, while Southwest canceled 13% of Wednesday flights and 9% for Thursday.
The lawsuit accuses Trump of promoting a scam multi-level marketing scheme. Trump's legal team fired back a response to Quinn and his team on Wednesday, accusing them of making "disingenuous and misleading statements" and attempting to cancel the deposition. Trump's team also asked that the deposition be conducted remotely to meet the court's deadline for discovery. It's unclear if Trump's legal team will shift the deposition's location to Bedminster or if they will ask to hold it at a later date. Trump raked in $8.8 million from a multi-level marketing company, ACN, between 2005 and 2015.
A man walks through the debris on a street in the aftermath of Hurricane Ian in Punta Gorda, Florida. Regardless of where you live, here's what you should review in your homeowners insurance policy for weather-related coverage. If you live in a state along the East Coast or Gulf of Mexico, there's a good chance your policy has a hurricane deductible. "One of the most important policies to consider for hurricane protection that can be overlooked is flood insurance," Wilson said. In Florida, more than 80% of homeowners do not have flood insurance, Friedlander said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore than 2 million without power after Hurricane Ian slams into FloridaNBC’s Chris Pollone joins CNBC's 'Squawk Box' from Tampa, Florida, with an update on Hurricane Ian, which has been downgraded to a tropical storm after slamming into Florida's coast as a Category 4 hurricane.
Wall Street futures resume fall as economic worries weigh
  + stars: | 2022-09-29 | by ( ) www.reuters.com   time to read: +2 min
Megacap growth names such as Amazon.com Inc , Apple Inc (AAPL.O), Microsoft Corp , Meta Platforms Inc and Tesla Inc (TSLA.O) lost between 0.8% and 1.6% in premarket trading. ET, Dow e-minis were down 225 points, or 0.76%, S&P 500 e-minis were down 31.25 points, or 0.84%, and Nasdaq 100 e-minis were down 117.75 points, or 1.02%. Investors will be watching for weekly jobless claims, which is expected to rise by 2,000 to 215,000 last week. A second estimate of the government last month had shown the economy contracted at 0.6%, a more moderate pace than initially thought. Register now for FREE unlimited access to Reuters.com RegisterReporting by Susan Mathew in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
WASHINGTON, Sept 29 (Reuters) - Virginia "Ginni" Thomas, wife of U.S. Supreme Court Justice Clarence Thomas, met on Thursday with the congressional committee investigating the Jan. 6, 2021, attack on the U.S. Capitol. Thomas was seen going into the meeting room in a House office building that is used by the House of Representatives Select Committee for its interviews. The panel's chairperson, Democratic Representative Bennie Thompson, had told reporters on Wednesday that Thomas would appear before the panel this week. Register now for FREE unlimited access to Reuters.com RegisterShe declined to respond to a reporter's question as she walked in. Register now for FREE unlimited access to Reuters.com RegisterReporting by Patricia Zengerle; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.
The era of the Big Tech moonshot is over
  + stars: | 2022-09-29 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
Each of these ideas is a "moonshot," or a radical, potentially world-changing project that Big Tech companies have worked on in recent years. Is the era of Big Tech moonshots over? For years, companies like Amazon, Google, and Facebook dumped money and energy into radical, potentially world-changing projects. But recently, Big Tech firms have been scaling back their ambitions — and have instead turned to a Wall Street-appeasing pragmatism. It comes after Amazon workers of all types have been pushing for higher pay for years.
President Biden warned oil companies against hiking prices as Hurricane Ian approached Florida. Reducing spiking oil prices has been one of Biden's key priorities in recent months, with inflation one of the main concerns for voters as the November 8 midterm elections approach. Republicans have been hammering the Biden administration on gas prices as they seek to make the election a referendum on the Biden administration and its economic policies. Gas prices hit an unprecedented national average of $5 a gallon in June amid the war in Ukraine and surging demand for energy after the pandemic. Hurricane Ian made landfall on Wednesday afternoon and has left millions of homes without power as it barrels through the state.
A flooded street is seen in downtown as Hurricane Ian makes landfall in southwestern Florida, in Fort Myers, Florida, U.S. September 28, 2022. Hurricane Ian was downgraded to a tropical storm Thursday morning, but officials have warned the powerful storm that brought life-threatening storm surges, floods that left people stranded in their homes and knocked out power to more than 2.5 million customers was not over. President Joe Biden on Thursday declared a major disaster in Florida over the devastation caused by the storm. By 5 a.m., Ian was around 55 miles southwest of Cape Canaveral and moving northeast at 9 mph, the hurricane center said. The storm is believed to be one of the strongest hurricanes ever recorded making landfall in Florida.
A flooded street is seen in downtown as Hurricane Ian makes landfall in southwestern Florida, in Fort Myers, Florida, U.S. September 28, 2022. REUTERS/Marco BelloVENICE, Fla., Sept 29 (Reuters) - A weakened but still formidable Hurricane Ian chugged across Florida toward the Atlantic seaboard on Thursday after thrashing the state's Gulf Coast with fierce winds, torrential downpours and raging surf that flooded oceanside communities. Separately, U.S. border authorities said 20 Cuban migrants were missing after their boat sank off the Florida coast as Ian neared the coast on Wednesday. Up to 30 inches (76 cm) of rain was forecast to fall on parts of central Florida, the NHC said. DeSantis said Ian had generated life-threatening storm surges - waves of wind-driven seawater rushing in along the coast - of up to 12 feet (3.7 meters) in some places.
A doctor at a hospital in Florida told the Associated Press that Hurricane Ian blew its roof off. The destruction forced staff to evacuate their sickest patients, some of whom were on ventilators. The doctor, who stayed overnight, told AP that patients have been moved to other floors. The damage forced staff to evacuate the hospital's sickest patients from the fourth floor to the two floors that were not impacted, Bodine told AP. On Thursday morning, Hurricane Ian downgraded to a tropical storm, according to the National Hurricane Center.
Florida-based cruise ships are extending their trips after Hurricane Ian forced three ports to close. The cruise ships are spending more time at sea visiting extra destinations. Hurricane Ian made landfall on Wednesday as a Category 4 hurricane before weakening to a Category 1 storm. Unable to disembark passengers on schedule, the cruise ships are spending more time at sea and visiting extra destinations. Walt Disney World and Universal have both closed resort parks in the state for at least 2 days as Hurricane Ian passes through.
FEMA chief: damages from Hurricane Ian to be catastrophic
  + stars: | 2022-09-29 | by ( ) www.reuters.com   time to read: 1 min
WASHINGTON, Sept 29 (Reuters) - Damages from Hurricane Ian will be catastrophic and the Federal Emergency Management Agency is preparing for potentially thousands of people to be displaced in the long-term, the director of the agency said on Thursday. "I don't think that we can quantify it yet," FEMA Director Deanne Criswell told CNN when asked about damages from the storm. "But I can tell you that it is going to be catastrophic." Register now for FREE unlimited access to Reuters.com RegisterReporting by Doina Chiacu; Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.
Virginia Thomas, wife of Supreme Court Associate Justice Clarence Thomas, moderates a pannel discussion titled "When did World War III Begin? The House select committee investigating the Jan. 6 Capitol riot is interviewing Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, NBC News reported Thursday morning. Virginia Thomas, who goes by Ginni, arrived at a Capitol Hill office building flanked by security, NBC reported. A spokeswoman for the Supreme Court did not immediately respond to an email requesting comment. Select Committee Chairman Bennie Thompson, D-Miss., previously confirmed that the panel would interview Ginni Thomas this week.
People have hopped on private jets to escape Hurricane Ian, Bloomberg reported. A private jet operator said requests for flights out of Florida grew in the run-up to the storm. Airports that have stopped commercial operations include Orlando, Naples, Tampa, Jacksonville, and Fort Meyers. The company has a private terminal in Naples on Florida's southwest coast — one of the main areas being battered by the storm. Airports that have stopped commercial operations over the past two days include ones in Orlando, Naples, Tampa, Jacksonville, and Fort Meyers.
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