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Search resuls for: "Hurricane Ian"


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☆ Hurricane Ian live updates: Storm could strengthen to Category 4 on its way to Florida
  + stars: | 2022-09-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kathryn-Prociv.Jpg | Chantal Da Silva | ) www.nbcnews.com   time to read: +26 min
Hurricane Ian in the Gulf of Mexico on Sept. 27, 2022. Share this -Link copiedHurricane Ian over Cuba on Tuesday morning Hurricane Ian over Cuba, on Tuesday. Share this -Link copiedIan expected to strengthen later Tuesday morning Hurricane Ian is expected to strengthen later Tuesday morning, officials said. Share this -Link copiedStorm clouds over St. Petersburg, Florida Storm clouds are seen as Hurricane Ian approaches in St. Petersburg, Florida on Monday. Ricardo Arduengo / AFP - Getty Images Share this -Link copiedHurricane Ian as it barrelled towards Cuba Hurricane Ian growing stronger as it barrelled toward Cuba on Monday.
☆ Oil prices mixed as Hurricane Ian output cuts support, dollar weighs
  + stars: | 2022-09-28 | by ( Laila Kearney | ) www.reuters.com   time to read: +2 min
SummarySummary Companies API shows U.S. crude, distillate stocks rise -market sourcesProducers begin returning workers to oil platforms in U.S. GulfSept 28 (Reuters) - Oil prices were mixed in early Asian trade on Wednesday as support from U.S. production cuts caused by Hurricane Ian contended with crude storage builds and a strong dollar. Personnel were evacuated from 14 production platforms and rigs, the BSEE said. Ian is the first hurricane this year to disrupt oil and gas production in the U.S. Gulf of Mexico, which produces about 15% of the nation's crude oil and 5% of dry natural gas. Estimates of U.S. oil in storage also sent mixed messages about oil prices. Distillate stocks rose by about 438,000 barrels, according to the sources, who spoke on condition of anonymity.
☆ Hurricane Ian Is Latest Blow to Florida’s Struggling Home Insurers
  + stars: | 2022-09-28 | by ( Leslie Scism | ) www.wsj.com   time to read: 1 min
Hurricane Ian will be a serious test of Florida’s unusual home-insurance market, where dozens of small to midsize carriers and a state-run insurer of last resort play a leading role in paying claims. These relatively obscure private-sector insurers and the rapidly growing state-run carrier are backed up by reinsurance companies. There is enough coverage available to handle claims, even if Hurricane Ian lands in Tampa, officials said. But insurers could be hurt by a wave of lawsuits driving up their costs, or by another increase in premium rates charged by reinsurers.
☆ Oil rises 2% from multi-month lows on U.S. Gulf output cuts, supply outlook
  + stars: | 2022-09-28 | by ( Laila Kearney | ) www.reuters.com   time to read: +3 min
The outages may only provide a momentary reprieve for oil prices, said Bob Yawger of Mizuho in New York. After shutting some its offshore crude production, BP Plc (BP.L) said the storm didn't pose a threat to its Gulf of Mexico assets and it was redeploying workers to oil platforms. "Oil is currently under the influence of financial forces," said Tamas Varga of oil broker PVM. Iraq's oil minister on Monday said the group was monitoring prices and did not want a sharp increase or a collapse. U.S. crude oil in storage rose by about 4.2 million barrels for the week ended Sept. 23, according to market sources citing American Petroleum Institute figures on Tuesday.
☆ NOAA hurricane field program director says Ian's a long-duration event
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNOAA hurricane field program director says Ian's a long-duration eventJason Dunion, NOAA Hurricane Field Program, joins Shep Smith to report on what he's seen today from Hurricane Ian.
☆ U.S. oil refinery run-rates could top 90% for 3rd quarter in a row
  + stars: | 2022-09-28 | by ( Erwin Seba | ) www.reuters.com   time to read: +4 min
This year's final quarter, however, could see operators hold production rates high to grab strong diesel margins, they said. The forecast excludes the potential impact of a major hurricane striking the U.S. Gulf Coast, home of nearly half the nation's oil refining. U.S. crude oil capacity is down nearly 1 million barrels per day since early 2020, to 17.9 million barrels per day (bpd). At the same time, inventories fell to 117.3 million barrels, down 12 million barrels from the same week a year ago. “They’re trying to make more distillate.”Holding runs above 90% runs the risk of further eroding gasoline margins.
☆ Food prices could rise higher after Hurricane Ian
  + stars: | 2022-09-28 | by ( Danielle Wiener-Bronner Matt Egan | Danielle Wiener-Bronner | Matt Egan | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Hurricane Ian is the latest natural disaster to impact food prices. Florida is a leading citrus producer, including oranges and grapefruit. At least 75% of the Florida citrus belt is under threat of heavy flooding rains over the next 36 hours, according to satellite imagery provider Maxar Technologies. And the timing of the storm is difficult for farmers in Florida as citrus crops are nearing harvest season. Citrus production was already under significant pressure even before Hurricane Ian.
☆ Hurricane Ian roars ashore in southwest Florida, bringing destructive floods and wind
  + stars: | 2022-09-28 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +3 min
The National Weather Service has also issued the highest-possible wind warning for several regions in Florida in anticipation of extreme wind damage from the storm. Hurricane Ian approaches west coast of Florida on Sept. 28th, 2022. A sail boat is beached at Sarasota Bay as Hurricane Ian approaches on September 28, 2022 in Sarasota, Florida. President Joe Biden told Florida residents Wednesday he would support them through the storm "every step of the way." Utility trucks are staged in a rural lot in The Villages of Sumter County, Fla., Wednesday morning, Sept. 28, 2022, in preparation for Hurricane Ian.
☆ Hurricane Ian could push food prices even higher
  + stars: | 2022-09-28 | by ( Danielle Wiener-Bronner Matt Egan | Danielle Wiener-Bronner | Matt Egan | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Hurricane Ian is the latest natural disaster to impact food prices. Florida is a leading citrus producer, including oranges and grapefruit. At least 75% of the Florida citrus belt is under threat of heavy flooding rains over the next 36 hours, according to satellite imagery provider Maxar Technologies. And the timing of the storm is difficult for farmers in Florida as citrus crops are nearing harvest season. Citrus production was already under significant pressure even before Hurricane Ian.
☆ Factbox: Over 169,000 customers without power in Florida from Hurricane Ian
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +1 min
Sept 28 (Reuters) - More than 169,000 homes and businesses were without power in Florida as Hurricane Ian approached the state's west coast on Wednesday, according to local power companies. The U.S. National Hurricane Center said Ian was moving onshore and would cause catastrophic storm surge, winds and flooding in the Florida Peninsula. The storm was located about 45 miles (75 km) west-northwest of Naples, Florida, and was packing maximum sustained winds of 155 miles (250 km) per hour at 11 a.m. EDT (1500 GMT). Florida Gulf Coast residents emptied grocery shelves, boarded up windows and fled to evacuation shelters as Hurricane Ian barreled closer on Wednesday, lashing the state's southern tip hours before it was forecast to make U.S. landfall. Register now for FREE unlimited access to Reuters.com RegisterThe utility with the most outages so far was Florida Power & Light Co (FPL), a unit of Florida energy company NextEra Energy Inc (<NEE.N>).
☆ Factbox: Over a million customers without power in Florida from Hurricane Ian
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +1 min
People walk in a hallway using a flashlight during a power outage as Hurricane Ian makes landfall in southwestern Florida, in Fort Myers, Florida, U.S. September 28, 2022. REUTERS/Marco BelloSept 28 (Reuters) - More than 1.3 million homes and businesses were without power in Florida as Hurricane Ian hit the state's west coast on Wednesday, according to local power companies. Some utilities have started to restore customers now that the storm has passed southern Florida even though the number of outages continues to increase as the storm heads inland. The U.S. National Hurricane Center said Ian was causing catastrophic storm surge, winds and flooding in the Florida Peninsula. Register now for FREE unlimited access to Reuters.com RegisterThe utility with the most outages so far was Florida Power & Light Co (FPL), a unit of Florida energy company NextEra Energy Inc (<NEE.N>).
☆ Hurricane Ian brings winds over 126 mph
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHurricane Ian brings winds over 126 mphAccuWeather meteorologist Adam Del Rosso joins Shep Smith to report on how Hurricane Ian is tracking now that the storm has made landfall and wreaked havoc on southwestern Florida.
☆ Generac to deliver generators to hurricane victims in Florida
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGenerac to deliver generators to hurricane victims in FloridaAaron Jagdfeld, Generac president and CEO, joins 'The Exchange' to discuss the impact of Hurricane Ian and how his company intends to assist in keeping cities powered during storms.
☆ Watch: Tampa Bay Recedes as Hurricane Ian Approaches Florida
  + stars: | 2022-09-28 | by ( ) www.wsj.com   time to read: 1 min
Why Driverless Cars Are Taking ‘Hyper-Realistic’ Virtual Driving LessonsNo matter how many real-world miles driverless cars experience, it’s unlikely they’ll come up against all of the rare and dangerous incidents they could encounter. So now, driverless car companies have turned to hyper-realistic virtual worlds to safely test their cars against some of the most extreme scenarios. Illustration: George Downs
☆ All eyes are on DeSantis' relationship with Biden as Hurricane Ian approaches Florida. Here's how the previous 3 presidents worked (or didn't) with governors on disaster relief efforts.
  + stars: | 2022-09-28 | by ( Isabella Zavarise | ) www.businessinsider.com   time to read: +10 min
Governors usually work directly with the White House during disasters, relying on the government for federal resources. Here's a look at how the last three presidents handled disaster relief efforts and how Biden could address this crisis with DeSantis. However, on Tuesday evening, White House Press Secretary Karine Jean-Pierre tweeted that Biden and DeSantis had spoken to discuss steps the federal government is taking to help Florida. Here's how the last three presidents worked with governors in their disaster relief efforts. Biden declared a state of emergency as the storm approached, ordering federal assistance to supplement disaster response efforts.
☆ Watch: Hurricane Ian’s Massive Size Captured in ISS Footage
  + stars: | 2022-09-28 | by ( ) www.wsj.com   time to read: 1 min
Why Driverless Cars Are Taking ‘Hyper-Realistic’ Virtual Driving LessonsNo matter how many real-world miles driverless cars experience, it’s unlikely they’ll come up against all of the rare and dangerous incidents they could encounter. So now, driverless car companies have turned to hyper-realistic virtual worlds to safely test their cars against some of the most extreme scenarios. Illustration: George Downs
☆ Hurricane Ian Makes Landfall Near Fort Myers as Category 4 Storm
  + stars: | 2022-09-28 | by ( ) www.wsj.com   time to read: 1 min
Why Driverless Cars Are Taking ‘Hyper-Realistic’ Virtual Driving LessonsNo matter how many real-world miles driverless cars experience, it’s unlikely they’ll come up against all of the rare and dangerous incidents they could encounter. So now, driverless car companies have turned to hyper-realistic virtual worlds to safely test their cars against some of the most extreme scenarios. Illustration: George Downs
☆ Amazon pausing operations at some facilities as Hurricane Ian approaches Florida
  + stars: | 2022-09-28 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: 1 min
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☆ Watch: Early Signs of Hurricane Ian on Florida’s West Coast
  + stars: | 2022-09-28 | by ( ) www.wsj.com   time to read: 1 min
Why Driverless Cars Are Taking ‘Hyper-Realistic’ Virtual Driving LessonsNo matter how many real-world miles driverless cars experience, it’s unlikely they’ll come up against all of the rare and dangerous incidents they could encounter. So now, driverless car companies have turned to hyper-realistic virtual worlds to safely test their cars against some of the most extreme scenarios. Illustration: George Downs
☆ This storm came in like a 'super monster,' says Naples mayor
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis storm came in like a 'super monster,' says Naples mayorMayor Teresa Heitmann of Naples, Florida, joins Shep Smith to discuss the damage wrought by Hurricane Ian, which came ashore as a category 4 storm.
☆ Naples, Florida, fire rescue crew deals with rising waters in its own firehouse
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNaples, Florida, fire rescue crew deals with rising waters in its own firehouseA fire rescue crew in Naples, Florida, had to deal with rising waters in their own firehouse even as they worked to save those stranded by Hurricane Ian.
☆ Florida property insurance market grapples with increasing weather severity
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFlorida property insurance market grapples with increasing weather severityUSAA CEO Wayne Peacock joins 'Power Lunch' to discuss the scale and trajectory of Hurricane Ian, its path, the impact of natural disasters on the property insurance market and underwriting damages from such climatic catastrophes.
☆ We have a lot of rain still to go across the peninsula, says NBC meteorologist Brian James
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have a lot of rain still to go across the peninsula, says NBC meteorologist Brian JamesNBC News Brian James joins Shep Smith to look at how he expects Hurricane Ian to play out over the next few days. It's now a category 3 storm.
☆ Hurricane Ian one of the strongest to hit the U.S. in decades
  + stars: | 2022-09-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHurricane Ian one of the strongest to hit the U.S. in decadesMSNBC's Ali Velshi joins Shep Smith to report on the damage wrought so far by Hurricane Ian, a category 4 storm that is one of the largest ever to hit the state.
☆ House Democratic leadership finally released the text of their bill to ban members of Congress from trading stocks. Here's what's in it.
  + stars: | 2022-09-28 | by ( Bryan Metzger | Dave Levinthal | ) www.businessinsider.com   time to read: +7 min
The text comes after months of back-and-forth between Pelosi and lawmakers, and a vote may come this week. Interest in lawmakers' stock trades rose after Insider's "Conflicted Congress" investigation. House Minority Leader Kevin McCarthy, who himself does not trade stocks, said earlier this year that he'd consider barring members of Congress from trading stocks if the GOP wins the House in November. Here's what the bill includes:The bill would ban top officials across all three branches — as well as the spouses and dependent children of members of Congress — from owning or trading stocks, as well as cryptocurrencies. Members of Congress would also be required to file financial disclosures electronically, eliminating a long-standing problem with lawmakers submitting illegible information about their personal finances.
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