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[1/2] The Kroger supermarket chain's headquarters is shown in Cincinnati, Ohio, U.S., June 28, 2018. Bonta said the decision has not been made, but added: "Right now there's not a lot of reason not to sue." In September, the companies announced a plan to sell more than 400 grocery stores to C&S Wholesale Grocers in an effort to get regulatory approval for the deal. A Kroger spokesperson said only non-unionized retailers, like Walmart and Amazon, will benefit if the merger is blocked. Research from the University of Southern California in 2021 found one in three neighborhoods in 30 populous U.S. cities had inadequate access to needed pharmacy services.

Persons: Lisa Baertlein, Rob Bonta, Bonta, Lina Khan, Diane Bartz, Leslie Adler, Bill Berkrot, Aurora Ellis Organizations: Kroger, REUTERS, Rights, Albertsons, S Wholesale Grocers, Walmart, U.S, Water Watch, Federal Trade, FTC, University of Southern, Thomson Locations: Cincinnati , Ohio, U.S, California, America, Food, Washington, University of Southern California

☆ Blaming Israel for Hamas Attacks Sparks Backlash Across U.S., Exposing Deep Rifts
▼ + stars: | 2023-10-12 | by ( Douglas Belkin | Lindsay Ellis | ) www.wsj.com time to read: 1 min

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A leading doctors group on Thursday formally withdrew its approval of a 2009 paper on “excited delirium,” a document that critics say has been used to justify excessive force by police. The American College of Emergency Physicians in a statement called the paper outdated and said the term excited delirium should not be used by members who testify in civil or criminal cases. Earlier this week, California became the first state to bar the use of excited delirium and related terms as a cause of death in autopsies. Other medical groups, including the American Medical Association, had previously rejected excited delirium as a diagnosis. The emergency physicians group had distanced itself from the term previously, but it had stopped short of withdrawing its support for the 2009 paper.

Persons: ”, Brooks Walsh, Gavin Newsom, Walsh, Joanna Naples, Mitchell, general's, Daniel Prude, Derek Chauvin, George Floyd, Elijah McClain, Manuel Ellis, “ It’s Organizations: Thursday, The American College of Emergency Physicians, Gov, National Association of Medical, American Medical Association, Physicians for Human Rights, New, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Philadelphia, Connecticut, California, New York, Minneapolis, Colorado, Washington, Naples

Major technology companies like Google have been investing heavily in generative AI and racing to incorporate it into their products. Google said its new policy applies to software, including its Vertex AI development platform and Duet AI system, which generates text and images in Google Workspace and Cloud programs. The press release did not mention Google's more well-known generative AI chatbot program Bard. The new wave of lawsuits over generative AI has generally targeted the companies that own the systems, including Google, and not individual end users. AI defendants have said that the use of training data scraped from the internet to train their systems qualifies as fair use under U.S. copyright law.

Persons: Annegret, Bard, Blake Brittain, David Bario, Aurora Ellis Organizations: Google, Arena, REUTERS, Microsoft, Adobe, Thomson Locations: Berlin, Germany, Washington

☆ Hughes Van Ellis, Who Survived the Tulsa Race Massacre, Dies at 102
▼ + stars: | 2023-10-10 | by ( Joseph Pisani | Jennifer Calfas | ) www.wsj.com time to read: 1 min

Persons: Dow Jones, hughes Locations: tulsa

☆ Tesla rejects union claims, reports of health and safety issues at German plant
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

Companies Tesla Inc FollowBERLIN, Oct 10 (Reuters) - Tesla (TSLA.O) on Tuesday rejected claims by a German union and recent media reports that health and safety provisions at its gigafactory near Berlin were inadequate, stating that protecting workers' health was a top priority. On Monday, German union IG Metall said its membership numbers from Tesla workers were rising steeply amid concerns over health and safety as well as overwork. In a written statement, Tesla said workers received training on necessary safety measures, as well as protective clothing. The plant was subject to regular checks by local authorities that safety measures were being respected, it added. The company did not address the specific claims of the union or media reports regarding the number of accidents or workers off sick at the plant.

Persons: Metall, Tesla, Victoria Waldersee, Christina Amann, Aurora Ellis Organizations: Tesla, Reuters, Thomson Locations: Berlin, U.S, Brandenburg

REUTERS/Toby Melville/File Photo Acquire Licensing RightsMARRAKECH, Morocco, Oct 10 (Reuters) - Barbados is hoping to execute a "debt-for-climate" swap early next year to secure savings of around $300 million over a 15 year period to fund clean water supplies, the island state's finance minister told Reuters on Tuesday. In September 2022, Barbados carried out a "debt-for-nature" swap, which saw $150 million of international bonds swapped for cheaper debt, generating $50 million for marine conservation. The savings from the island's mooted "debt-for-climate" swap will be used to upgrade a water treatment plant to help better manage water resources and improve food security, Straughn said. Barbados's previous debt-for-nature swap funnelled money towards protecting and rehabilitating the surrounding Caribbean sea. A debt-for-climate swap would be an almost completely new concept, though, and one that other climate change vulnerable countries are likely to want to explore.

Persons: Toby Melville, Ryan Straughn, Straughn, We've, Rachel Savage, Marc Jones, Aurora Ellis Organizations: REUTERS, Rights, Inter, American Development Bank, European Investment Bank, International Monetary Fund, Thomson Locations: Bridgetown, Barbados, Rights MARRAKECH, Morocco, Marrakech

☆ One of last survivors of Oklahoma race massacre dies at 102
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

Survivors and siblings Viola Fletcher and Hughes Van Ellis listen as U.S. President Joe Biden delivers remarks on the centennial anniversary of the Tulsa race massacre during a visit to the Greenwood Cultural Center in Tulsa, Oklahoma, U.S., June 1, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsOct 10 (Reuters) - One of the last three known Black Tulsans who lived through a 1921 race massacre in the Oklahoma town has died at 102, his family said. As many as 300 people, most of them Black, were killed when white residents burned Tulsa's African American neighborhood of Greenwood. An Oklahoma judge dismissed the lawsuit in July and their lawyers have appealed to the state's supreme court. White residents surrounded the courthouse, demanding the man be handed over.

Persons: Viola Fletcher, Hughes Van Ellis, Joe Biden, Carlos Barria, Tulsans, Ellis, Leslie Benningfield Randle, Schulte, Roth, Zabel, Damario Solomon, Simmons, Andrew Hay, Bill Berkrot, Mark Porter Organizations: Greenwood Cultural Center, REUTERS, Ku Klux Klan, National Endowment, Humanities . Police, Tulsa Tribune, Thomson Locations: Tulsa, Tulsa , Oklahoma, U.S, Oklahoma, Denver , Colorado, Greenwood, Black, An Oklahoma, White

TACOMA, Wash. (AP) — Eyewitness testimony Tuesday in the continuing trial three police officers, who are white and Asian American, charged with the 2020 death of Manuel Ellis, a Black man, starkly contradicted the picture the officers’ lawyers painted. The Pierce County Medical Examiner ruled the March 3, 2020, death of Ellis, 33, a homicide caused by lack of oxygen during physical restraint. Collins told Pierce County sheriff’s detectives that Ellis had attacked him by hurling him through the air to land on his back. Burbank was almost instantly on top of Ellis and swung up to three times to punch Ellis, according to Lowery. As Lowery left the scene, he said it appeared the officers had apprehended Ellis and were in control of him.

Persons: Manuel Ellis, Keyon Lowery, Ellis didn't, ” Lowery, “, Matthew Collins, Christopher Burbank, Ellis, Timothy Rankine, Ellis ’, George Floyd’s, Casey Arbenz, Collins, Lowery, Sara McDowell, Pierce, Burbank, McDowell Organizations: Pierce County Superior, Tacoma, Tacoma Police Department, Medical, Collins Locations: TACOMA, Pierce County, Tacoma , Washington, American, Pierce, Minneapolis, Burbank, Washington

This will be a basis for protecting our forest," Dasai said. But countries only agreed to a carbon trading rulebook in United Nations climate talks in December 2021, with trading yet to begin. Suriname's forest credits are generated using a baseline it registers with the United Nations stating how much carbon stock its forest contains. If the country protects its forest so the carbon stock rises, every additional metric ton of carbon dioxide absorbed can be packaged as one carbon credit. Dasai said he hopes other rainforest nations can follow their lead in selling ITMO carbon credits to unlock the necessary financing.

Persons: Marciano Dasai, Dasai, Jake Spring, Aurora Ellis Organizations: Spatial, REUTERS, SAO PAULO, Suriname's, Reuters, Paris, Nations, United Nations, Thomson Locations: Paramaribo, Paris, Suriname, Nations

☆ Alabama Democrats likely to flip seat under court-approved congressional map
▼ + stars: | 2023-10-05 | by ( Joseph Ax | ) www.reuters.com time to read: +2 min

The three-judge panel selected a map that preserves the state's lone majority-Black district while creating a second district in which Black voters make up nearly half of the voting-age population. Democrats would need to flip five seats in the 435-seat House of Representatives to take back the majority in the November 2024 election. Civil rights groups challenged the Republican map, arguing that Republicans had deliberately spread Black voters thin to ensure they would continue to win six of the state's seven districts. "And it would not have been this way if the legislature had created a second opportunity district or majority-minority district." Similar challenges are also pending in Louisiana and Georgia, where civil rights groups have argued that Republican lawmakers illegally disadvantaged Black voters by manipulating congressional lines.

Persons: Terri Sewell, Martin Luther King Jr, Elizabeth Frantz, Donald Trump, Ronald Reagan, Bill Clinton, Joseph Ax, Aurora Ellis Organizations: Union, REUTERS, House, Republican, The U.S, Supreme, Circuit, Appeals, Democratic, Thomson Locations: Washington , U.S, Alabama, U.S, Black, The, Louisiana, Georgia

☆ 2023 on track to become another record-breaking year as temperature hits new high
▼ + stars: | 2023-10-05 | by ( Charlotte Van Campenhout | ) www.reuters.com time to read: +2 min

The global temperature for January-September is also 1.4C higher than the preindustrial average (from the years 1850 to 1900), the institute added, as climate change pushes global temperatures to new records and short-term weather patterns also drive temperature movements. This extreme month has pushed 2023 into the dubious honour of first place - on track to be the warmest year and around 1.4C above preindustrial average temperatures”, Samantha Burgess, Deputy Director of Copernicus, said in a statement. “Two months out from COP28, the sense of urgency for ambitious climate action has never been more critical,” she said referring to the United Nations Climate Change Conference. The previous record belonged to 2016 and 2020 when temperatures were an average of 1.25 degrees C higher. The average sea surface temperature for September over 60°S–60°N reached 20.92C, which is the highest on record for September and the second highest across all months, behind August 2023, Copernicus said.

Persons: Gabriel Flores, Isabel Apaza, Claudia Morales, Samantha Burgess, Copernicus, ”, Charlotte Van Campenhout, Aurora Ellis Organizations: REUTERS, Rights, El, United Nations, Change, Thomson Locations: Lake Titicaca, Huarina, Bolivia, Rights BRUSSELS, 1.4C, COP28

☆ Italy plans for possible evacuations from super volcano near Naples
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

ROME, Oct 5 (Reuters) - The Italian government is planning for a possible mass evacuation of tens of thousands of people who live around the Campi Flegrei super volcano near Naples, officials said on Thursday. The caldera is dotted with 24 craters and is a much bigger volcano than the nearby Vesuvius, which destroyed the ancient Roman city of Pompeii in 79 AD. Civil Protection Minister Nello Musumeci said this week evacuations would only be triggered in case of "extreme necessity". One of its biggest eruptions took place 39,000 years ago and might have led to the extinction of Neanderthal man, researchers say. Reporting by Angelo Amante; Editing by Crispian Balmer and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Campi, Nello Musumeci, Musumeci, Campi Flegrei, Angelo Amante, Crispian Balmer, Aurora Ellis Organizations: Civil, Local, Thomson Locations: Naples, Pozzuoli, Greenland

☆ SPAC shell games will keep hiding the ball
▼ + stars: | 2023-10-05 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +9 min

It’s more or less how another 216 companies backed into public markets in 2021, according to SPAC Research. They’re on track to miss the mark by more than 40%, delivering only about $55 billion, according to recent forecasts compiled by LSEG. The electric-vehicle industry, for one, was a serial SPAC user whose exuberance sputtered badly. Dressing them up as acquisitions of private firms by listed shell companies enables the participants to play by looser rules. SPAC investors buy shares in the empty vessel before its sponsor and takeover target agree on a valuation.

Persons: Vishal Garg, Better’s, Breakingviews, SPACs, ”, Joel Rubinstein, Donald Trump’s, Spruce, Woodruff Sawyer, Gary Gensler, Ellis, Gensler, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, & Finance, Research, LSEG, Polestar Automotive, White, The Securities, Exchange Commission, XL Fleet, SEC, Reuters Graphics Reuters, Case, Kirkland, U.S . Securities, Financial Services, Thomson

An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. The Justice Department has accused Google of manipulating online auctions - a multibillion dollar industry dominated by Google - with these formulas to favor its own bottom line. Dahlquist asked Juda if they had introduced changes to ad sales in a way that raised the cost-per-click by a consumer that advertisers pay. But Wendy Waszmer, a lawyer for Google, asked Juda on Wednesday afternoon on if there were ways that his ads quality team could raise prices unilaterally. Google's advertising business has been criticized by advertisers and website publishers for a lack of transparency, with both accusing Google of siphoning off too much revenue.

Persons: Arnd, Adam Juda, David Dahlquist, Juda, Dahlquist, Wendy Waszmer, Diane Bartz, Aurora Ellis Organizations: REUTERS, WASHINGTON, U.S . Justice Department, The, Google, Justice, European Union, LTV, Thomson Locations: Zurich, Switzerland, Washington, United States

☆ New England states join to buy offshore wind power as US industry struggles
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +3 min

By joining forces, the states hope to counter the pain rippling across the nascent U.S. offshore wind industry, which is expected to play a key part in decarbonizing the power sector and revitalizing domestic manufacturing. The three states will seek multi-state offshore wind proposals for selection in 2024 for up to 6,000 megawatts (MW) of power. “One year ago, Avangrid was the first offshore wind developer in the United States to make public the unprecedented economic headwinds facing the industry," Avangrid said in a release. Avangrid has said it planned to rebid the Park City project in future offshore wind solicitations. Those Massachusetts power companies include units of Eversource Energy (ES.N), National Grid (NG.L) and Unitil (UTL.N).

Persons: Brian Snyder, Maura Healey, Avangrid, France's, Scott DiSavino, Aurora Ellis Organizations: REUTERS, American, Offshore WINDPOWER Conference, Eversource Energy, Grid, Shell, Thomson Locations: Rhode, U.S, New England, Massachusetts, Rhode Island and Connecticut, Connecticut, Boston, Park City, United States, Park

☆ Amazon Web Services to open development centre in Kenya
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

A logo for Amazon Web Services (AWS) is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNAIROBI, Oct 4 (Reuters) - Amazon Web Services (AWS), the company's cloud-computing division, said on Wednesday it would open a development centre in Kenya's capital Nairobi, creating jobs in software development, cloud support, and software engineering. Sometimes dubbed the "Silicon Savannah", Kenya is one of Africa's biggest technology hubs, hosting offices of some of the world's tech giants alongside thriving startups. "This centre will enable the local market to tap into an incredible pool of technical talent," said Uwem Ukpong, vice president of global services at AWS. "The Kenyan technology sector continues to be a source of growth and job creation at a time when there is so much uncertainty in the world," said Kenya's President William Ruto.

Persons: Chris Helgren, Uwem Ukpong, William Ruto, Hereward Holland, Aurora Ellis Organizations: Amazon Web Services, REUTERS, Rights, Web Services, Netflix, General Electric, Sony, Thomson Locations: Toronto , Ontario, Canada, Rights NAIROBI, Kenya's, Nairobi, Kenya, Kenyan

☆ Mexico's Sheinbaum handily leads 2024 presidential race, poll shows
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

Former Mexico City Mayor Claudia Sheinbaum gestures as she speaks on the day she is certified as presidential candidate for the ruling National Regeneration Movement (MORENA) party during a ceremony, in Mexico City, Mexico September 10, 2023. REUTERS/Henry Romero/File Photo Acquire Licensing RightsMEXICO CITY, Oct 4 (Reuters) - Mexico's Claudia Sheinbaum, the presidential candidate for the country's ruling leftist party and a close ally of the current president, is now expected to easily win the 2024 election, an opinion poll showed on Wednesday. Sheinbaum, candidate for the National Regeneration Movement (MORENA) founded by President Andres Manuel Lopez Obrador, nabbed 50% of support in a four-way race of top contenders, according to a survey by polling firm Buendia & Marquez and newspaper El Universal. Sheinbaum, 61, was until recently mayor of Mexico City. Reporting by Kylie Madry; Editing by Aurroa EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Mexico City Mayor Claudia Sheinbaum, Henry Romero, Claudia Sheinbaum, Sheinbaum, Andres Manuel Lopez Obrador, Marquez, Lopez, Xochitl Galvez, Mexico's, Samuel Garcia, Eduardo Verastegui, Kylie Madry, Aurroa Ellis Organizations: Mexico City Mayor, Regeneration, REUTERS, MEXICO CITY, National Regeneration, El Universal, Nuevo Leon, Thomson Locations: Mexico City, Mexico, MEXICO, MORENA

☆ Guyana contractor in US probe leaves $300 million Exxon shore base project
▼ + stars: | 2023-10-04 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com time to read: +4 min

Mohamed's decision to leave the consortium could reduce complications for the Texas-based company should U.S. authorities decide to levy sanctions on the pair or file an indictment. The construction of the shore base is part of Exxon’s efforts to expand oil production off Guyana’s coast, an important part of the company's growth plans. Following the Reuters report in July, Exxon had made an internal decision to remain neutral on the Mohameds, according to four sources with knowledge of the matter. Nazar was quoted in local media on Tuesday saying his decision to leave the consortium was based on religious beliefs. Reporting by Sabrina Valle; Editing by Richard Valdmanis, Richard Chang and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Nazar Mohamed, Azruddin, Mohamed's, Alistair Routledge, Mohamed, Exxon, Andron Alphonso, Nicholas Deygoo, Boyer, Jan De Nul, Nazar, Washington, “, ”, George McEachern, Sabrina Valle, Richard Valdmanis, Richard Chang, Aurora Ellis Organizations: Exxon, Exxon Mobil Corp, Reuters, Mohamed’s, NRG Holdings, Company, U.S, FBI, International Corruption, Thomson Locations: Guyana HOUSTON, American, Texas, U.S, United States, Venezuela, Guyana, Vreed, European

A United Airlines Airbus A319-100 jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. The latest order is the second major aircraft purchase by United over the past year. In December, it unveiled a huge order of 100 Boeing 787 Dreamliners and 100 737 MAXs. The large 787 order is likely to raise further questions about the future of outstanding United orders for 45 Airbus A350s which have already been deferred to at least 2030. Nocella said while A350 is a "great machine" and there is no change in the company's order, United is focused on its 787 fleet in the short-run.

Persons: Joshua Roberts, Andrew Nocella, Nocella, It's, Valerie Insinna, Rajesh Kumar Singh, Mehr Bedi, Tim Hepher, David Shepardson, Shounak Dasgupta, William Maclean, Bernadette Baum, David Gregorio, Aurora Ellis Organizations: United Airlines Airbus, Washington National Airport, REUTERS, United Airlines, Tuesday, Boeing, Airbus, Reuters, Air Canada, Air France, KLM, U.S, United, Thomson Locations: Washington , U.S, Chicago, United, North America, U.S, Washington, Bengaluru

☆ Hospitality workers, Las Vegas casinos in crunch time for labor talks
▼ + stars: | 2023-10-03 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +3 min

[1/2] A press conference as members of the Culinary Workers Union Local 226 ahead of 2020 presidential election in Las Vegas, Nevada, U.S., February 13, 2020. Workers are negotiating for a new five-year contract to boost wages and benefits as tourism in Las Vegas recovers from depressed visitor levels during the pandemic. The Las Vegas unions are among the most powerful in the United States, covering workers that wait tables, clean hotel rooms and prepare food. Over 3.3 million people visited Las Vegas in August 2023, a 7% decrease from levels during the same period in 2019 before the pandemic, according to data from the Las Vegas Convention and Visitors Authority. About 95% of hospitality workers voted on Sept. 26 to authorize a strike across 22 properties on the Las Vegas Strip.

Persons: Eric Thayer, Ted Pappageorge, Wynn, Pappageorge, they’d, Barry Jonas, Jonas, Doyinsola Oladipo, David Gaffen, Aurora Ellis Organizations: Culinary Workers Union Local, REUTERS, Vegas, MGM Resorts International, Caesars Entertainment, Wynn Resorts, Workers, Las, Las Vegas Convention, Visitors Authority, MGM Resorts, Caesars, housekeepers, MGM, Wynn, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, United States, New York

[1/2] A worker clears debris so delivery vehicles can exit a FedEx Ground distribution center in this aerial photograph taken over Carson, California, U.S., September 16, 2022. "They have to fight for every package right now, it's great for shippers," said LJM Consultants partner Kenneth Moyer, a former UPS pricing negotiator who now works with delivery customers. The world's biggest parcel delivery firm added it is using price negotiations to encourage attractive high-margin or high-volume customers, while discouraging high-cost deliveries. Third quarter ground delivery rates are forecast to fall 0.55% per package versus a the year earlier period, according to the TD Cowen/AFS Ground Pacrel Freight Index. But experts are skeptical, particularly as UPS offers to cover early termination fees for customers that switched to FedEx.

Persons: Bing Guan, That's, Kenneth Moyer, Deyman Doolittle, Wall, Moyer, Mark Taylor, Taylor, Satish Jindel, ShipMatrix, Micheal McDonagh, Yokeley, Lisa Baertlein, Ben Klayman, Aurora Ellis Organizations: FedEx, REUTERS, United Parcel Service, UPS, U.S . Postal Service, LJM, Cowen, Reuters Graphics Reuters, Teamster, Department, USPS, Amazon, AFS Logistics, International Brotherhood of Teamsters, Teamsters, Thomson Locations: Carson , California, U.S, Macy's, Los Angeles

☆ Australia state swings from bush fires to flash flooding in 24 hours
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Oct 4 (Reuters) - Less than 24 hours since residents in parts of Australia's Victoria state fled bush fires, state authorities are now warning of flooding as heavy rain douses flames and lifts rivers in the southeastern state. First responders overnight rescued a farmer in the area who got trapped after driving through floodwaters, according to chief officer operations Tim Wiebusch at Victoria state emergency service. "But over these next 24, 48 hours, flash flooding, riverine flooding is really the key risk. Firefights are still working to contain bush fires in two parts of Victoria state but authorities said there was no immediate threat to nearby residents. State fire authorities said conditions eased overnight although several properties were lost and firefighters still worked to contain the blaze.

Persons: Tim Wiebusch, Lewis Jackson, Aurora Ellis Organizations: SYDNEY, Australian, of Meteorology, Meteorology, Thomson Locations: Australia's Victoria, Victoria, New South Wales, Bermagui, Sydney . State

☆ Australia State Swings From Bush Fires to Flash Flooding in 24 Hours
▼ + stars: | 2023-10-03 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

SYDNEY (Reuters) - Less than 24 hours since residents in parts of Australia's Victoria state fled bush fires, state authorities are now warning of flooding as heavy rain douses flames and lifts rivers in the southeastern state. First responders overnight rescued a farmer in the area who got trapped after driving through floodwaters, according to chief officer operations Tim Wiebusch at Victoria state emergency service. "But over these next 24, 48 hours, flash flooding, riverine flooding is really the key risk. Firefights are still working to contain bush fires in two parts of Victoria state but authorities said there was no immediate threat to nearby residents. State fire authorities said conditions eased overnight although several properties were lost and firefighters still worked to contain the blaze.

Persons: Tim Wiebusch, Lewis Jackson, Aurora Ellis Organizations: SYDNEY, Australian, of Meteorology, Meteorology Locations: Australia's Victoria, Victoria, New South Wales, Bermagui, Sydney . State

☆ Supply cuts from Saudi Arabia remain price drivers for oil heading into the fourth quarter
▼ + stars: | 2023-10-02 | by ( Brian Evans | ) www.cnbc.com time to read: +6 min

Experts predict oil prices will continue to rise heading into the fourth quarter, driven by tighter supply and production cuts. Despite some profit-taking in the last week of September, crude oil prices have rallied since the summer. That means U.S. crude oil reserves will remain under pressure amid the Saudi production cuts. And questions still remain as to the strength of a resurgence from the Chinese economy and how that will support higher oil prices. Goldman also recently published its list of buy-rated stocks to play higher oil prices, which included Chevron and Baker Hughes .

Persons: Goldman Sachs, Brent, Viktor Katona, Katona, Stephen Ellis, Ellis, Ole Hansen, " Hansen, Brian Mulberry, Mulberry, Goldman, Baker Hughes, Neil Mehta, Mehta Organizations: Brent, West, West Texas, Bank of America, Chevron, ExxonMobil, Morningstar, Saxos Bank, Zacks Investment Management, Federal Reserve, ConocoPhillips, XOM Locations: West Texas, Saudi Arabia, Saudi, Russia, OPEC, U.S, Cushing , Oklahoma, East, Kuwait, Iraq, Ukraine, Iran

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