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☆ U.S. crude oil rises for third day, tops $83 per barrel after inflation eases, inventories fall
▼ + stars: | 2024-07-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

U.S. crude oil rose 1 % on Friday, topping $83 per barrel as consumer prices eased and inventories fall. The recent oil rally has stalled out with West Texas Intermediate largely flat this week, ahead 0.38%, after booking four-straight weeks of gains. U.S. crude oil and gasoline inventories also fell for the week ended July 5, in a sign that summer fuel demand may be finding some life. OPEC and the International Energy Agency once again sent conflicting demand signals. JPMorgan sees a global oil demand gain of 1.4 million bpd this year.

Persons: John Evans, Brent, Natasha Kaneva, Kaneva Organizations: West Texas, Reserve, JPMorgan, International Energy Agency, Colorado State University Locations: China, Gulf, Hurricane

☆ Why meteorologists avoid afternoon and evening flights in the summer
▼ + stars: | 2024-07-12 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

"I broke the one rule you should never ever break," the 9News Denver meteorologist told his followers. Advertisement"It was a fun trip, and I did not have to work the next day," Bianchi told BI. Hot air rises, so the warm summer air near Earth's surface starts to rise to higher, cooler altitudes. Morning flights can help you avoid cascading delaysBooking morning flights doesn't just help you avoid nasty weather — it also cushions you against delays that build up throughout the day. Knowing all that science and flight logistics, Bianchi's takeaway is simple: "Book a flight in the morning in summer," he said.

Persons: —, Chris Bianchi, I'm, didn't, Tom Green, Bianchi, Bianchi didn't, Ethan Miller, Alyssa Glenny, Hurricane Beryl, Beryl, Glenny Organizations: Service, LaGuardia Airport, Business, McCarran International Airport, Tornado, Reuters Locations: Denver, United States, Las Vegas , Nevada, Chicago, LaGuardia, Miami, Lakes, New England, Texas

☆ Texas needs money to keep the lights on during extreme weather. It’s funding more fossil fuel instead
▼ + stars: | 2024-07-12 | by ( Ella Nilsen | ) edition.cnn.com time to read: +6 min

But rather than shuttling money into strengthening its grid to make sure the lights and A/C stay on during increasingly extreme weather, Texas is pouring billions of taxpayer dollars into new natural gas-fired power plants. Adding more electricity to the grid isn’t necessarily a bad thing because the state is facing higher demand, said Texas energy expert Doug Lewin, founder of consulting firm Stoic Energy. The state prioritizes natural gas power plants or backup natural gas generator systems. Centerpoint and other Texas utilities are no stranger to extreme weather. “In addition to extreme weather, the company’s service area also experiences heavy precipitation and extreme temperatures,” the company wrote in the report.

Persons: Beryl, Doug Lewin, ” Lewin, it’s, Texas Republicans ’, ” Michael Webber, Centerpoint, Joshua Rhodes, ” Rhodes, Rhodes, It’s, haven’t, doesn’t, ”, Alison Silverstein, Microgrids, Lewin, “ We’ve, “ That’s Organizations: CNN, Houston, Energy, Texas Republicans, University of Texas, Centerpoint Energy, UT Austin, Texas Public Service Commission Locations: Houston, Texas, Austin, “

☆ U.S. Heat Wave Stretches Into Another Day, and Starts to Move East
▼ + stars: | 2024-07-12 | by ( Isabelle Taft | ) www.nytimes.com time to read: 1 min

Abel Anguiano, 76, rests next to a box fan that his son, Ives Anguiano, 26, rigged with a battery at their home in Houston on Thursday, where power has been out since Hurricane Beryl. Credit... Meridith Kohut for The New York Times

Persons: Abel Anguiano, Ives, Meridith Kohut Organizations: Hurricane, The New York Locations: Houston

“We look at this 1-year-old as our miracle baby, (because) he was still alive,” Calcasieu Parish Sheriff Stitch Guillory said this week. Detectives eventually learned the 4-year-old had last been seen on Saturday with his mother, Aaliyah Jack, 25, of Lake Charles, and his 1-year-old brother, the sheriff’s office said. The 1-year-old was found near mile marker 10 – about 9 miles from the rest stop where his brother had been found dead the day before, the sheriff’s office said. He was taken to a hospital and later released to the state Department of Children and Family Services, Calcasieu Parish Sheriff’s Office spokesperson Kayla Vincent told CNN. In this still from a video, truck driver Reginald Walton speaks to CNN affiliate KADN.

Persons: Hurricane, Stitch Guillory, Beryl, Aaliyah Jack, –, Reginald Walton, ’ ” Walton, KADN, Walton, ” Walton, Kayla Vincent, Jack –, Guillory, “, ”, ‘, Jack, Aaliyah Jack’s, Conswella Jack, …, Conswella, Lake Charles, CNN’s Taylor Ward Organizations: CNN, Police, KADN, Department of Children, Family Services Locations: Louisiana, Mississippi, Gulf Coast, Calcasieu, Louisiana’s Calcasieu Parish, Texas, Lake Charles, Meridian , Mississippi, Calcasieu Parish, Houston, Lake

☆ ‘Show the violated work’: Artist requests vandalized sculpture remains on view
▼ + stars: | 2024-07-12 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —A controversial statue by Pakistani-American sculptor Shahzia Sikander — one of a handful of public pieces by the celebrated artist — has been beheaded at the University of Houston. The intact work of art, seen while on display in Madison Square Park in 2023. The university cancelled an opening celebration of Sikander’s work along with a scheduled talk from the artist. “And I hold the University of Houston accountable for their inadequate response and failure to protect the art. I have asked the university to remove the tarp and show the violated work.

Persons: Shahzia Sikander —, —, Lynda Churilla, Ruth Bader Ginsburg, Beryl, Sikander, ”, “ Organizations: CNN, University of Houston, “, Madison Square, Madison Square Park, Houston, University of Houston Police Department Locations: Madison, Manhattan, New York, Madison Square, Texas, Houston

☆ At least 200 crocodiles crawl into cities as heavy rains hit northern Mexico near Texas
▼ + stars: | 2024-07-12 | by ( Story Associated Press | ) edition.cnn.com time to read: +1 min

Mexico City CNN —Heavy rains associated with Hurricane Beryl and the earlier Tropical Storm Alberto have led at least 200 crocodiles to enter urban areas in the northern Mexican state of Tamaulipas, across from Texas, state and federal authorities said this week. So far, authorities say they have captured and relocated around 200 of the big reptiles since Alberto pelted the region with rain in June. Beryl brushed the same area before making landfall in south Texas earlier this week. Authorities said the heavy rains raised water levels in coastal lagoons, leading the animals to crawl into cities like Tampico and the nearby cities of Ciudad Madero and Altamira, where at least 165 crocodiles have been captured and relocated. Firefighters with captured crocodiles after the El Carpintero lagoon overflowed.

Persons: Hurricane Beryl, Alberto, Beryl, Karina Lizeth Saldívar, “ Organizations: Mexico City CNN, Authorities, Firefighters, Environmental Protection Locations: Mexico, Mexican, Tamaulipas, Texas, Tampico, Ciudad Madero, Altamira, El, Stringer

☆ A Hurricane Divide in Houston: Who Has a Generator?
▼ + stars: | 2024-07-11 | by ( J. David Goodman | ) www.nytimes.com time to read: 1 min

When the power goes out in Houston, some neighborhoods are filled with the sound of gas-powered backup generators, creating an instant sonic guide to the city’s social divisions. In wealthier parts of the city, the sheer number of generators can create a pervasive roar. In other neighborhoods, there is a low rumble from a handful of machines — or just one. “My neighbor has it just for his fridge,” said Theresa Del Bosque, 62, describing the rare home in her north Houston area with a generator. “Most people cannot afford it.”With around a million customers still without power on Thursday, more than three days after Hurricane Beryl tore through the city, the question of who has a generator, and who can get one, has become an urgent one.

Persons: ”, Theresa Del Bosque, Beryl Locations: Houston

☆ Oil prices tick up as crude, gasoline inventories ease
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged higher on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signaling stronger demand. U.S. West Texas Intermediate (WTI) crude rose 36 cents, or 0.5%, to $82.47 a barrel. U.S. crude inventories fell by 3.4 million barrels to 445.1 million barrels in the week ended July 5, far exceeding analysts' expectations in a Reuters poll for a 1.3 million-barrel draw. Gasoline stocks fell by 2 million barrels to 229.7 million barrels, much bigger than the 600,000-barrel draw analysts expected during the U.S. Fourth of July holiday week. Lower interest rates decrease the cost of borrowing, which can boost economic activity and oil demand.

Persons: Brent, Beryl, Price, CME's, Jerome Powell Organizations: . West Texas, U.S, of, Petroleum, Federal Locations: Los Angeles , California, U.S, CME's FedWatch

☆ A historically hot summer is on a killing spree and it shows no signs of stopping
▼ + stars: | 2024-07-11 | by ( Mary Gilbert | ) edition.cnn.com time to read: +5 min

CNN —A historically hot summer in the United States is on a July killing spree and the toll will only grow with the hottest days yet to come. It’s been the hottest summer on record to date for around 100 US cities from Maine to California. Nine were over the age of 65, the county medical examiner told CNN. At least 10 suspected heat deaths are being reported in Oregon. The region is still typically quite hot in July even without heat reaching record levels daily.

Persons: It’s, Hurricane Beryl, –, Nebraska –, Etienne Laurent, ” David S, Jones, ” Jones, Rachel Ramirez, Sara Smart, Jillian Sykes, Sarah Dewberry, Raja Razek, Chris Boyette, Jamiel Lynch, Cheri Mossburg, Amanda Musa Organizations: CNN, Phoenix Police Department, Phoenix, Getty, National Park Service, Harvard University, Center Locations: United States, Maine, California, Santa Clara County , California, Santa Clara, Southeast Texas, Arizona, Georgia, Texas, Nebraska, Phoenix, Maricopa County, Oregon, Portland’s Multnomah County . Portland, Valley, Mesquite, Death, Furnace, Southern California, West

☆ ‘More Heat, More Often’: Temperature Records Keep Breaking
▼ + stars: | 2024-07-11 | by ( Austyn Gaffney | ) www.nytimes.com time to read: +1 min

June was the Earth’s 13th consecutive month to break a global heat record. It beat the record set last year for the hottest June on record, according to data from the Copernicus Climate Change Service of the European Union. “We need to be preparing for more heat, more often. That’s the reality.”More than half the U.S. population — almost 175 million people — faced extreme heat on July 4, and the impacts of this new normal continued to broil the country this week. In the Western United States, a heat dome fed wildfires, and in Houston, the country’s fourth-largest city, excessive heat threatened lives.

Persons: “, ”, Katherine Idziorek, —, Hurricane Beryl Organizations: European Union, University of North, Hurricane Locations: University of North Carolina, Charlotte, United States, Houston, Texas

☆ Texans used cult fast food chain Whataburger's app to track power outages during Hurricane Beryl
▼ + stars: | 2024-07-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Some Texas residents used Whataburger's app to track power outages in the wake of Hurricane Beryl. They used its restaurant map to see which areas appeared to have regained power. 2.26 million customers lost access to power, said CenterPoint Energy, Houston's main energy provider. AdvertisementPeople in Texas have been using Whataburger's app to follow power outages in the wake of Hurricane Beryl because of a lack of information from Houston's main energy provider. CenterPoint Energy said that 2.26 million customers had lost their power access during the storm.

Persons: Hurricane Beryl, —, Beryl Organizations: Energy, Service, CenterPoint Energy, The New York Times, Business Locations: Texas, Hurricane

☆ Rising Frustration in Houston After Millions Lost Power in Storm
▼ + stars: | 2024-07-10 | by ( J. David Goodman | Ivan Penn | ) www.nytimes.com time to read: +1 min

The sun felt hotter than usual in Houston this week, as millions of sweltering residents emerged from the rapid thrashing of Hurricane Beryl to face a prolonged power outage — the largest ever seen by the city’s utility, according to the state’s lieutenant governor. The outages from the storm affected as many as 2.7 million customers across the state, mostly in and around Houston. Despite a promise by the utility, CenterPoint Energy, to restore power to one million customers by the end of the day on Wednesday, large swaths of the nation’s fourth-biggest city remained without power. The scale of the outages raised questions about whether enough had been done to prepare the city, just 50 miles from the Gulf Coast, for the kinds of storms that climate scientists predict will arrive with greater frequency. “For a Category 1 hurricane to result in over a million customer outages in its immediate aftermath demonstrates that there is plenty of need for the resiliency hardening investments,” said Wei Due, an energy expert with PA Consulting and a former senior analyst and engineer for Con Edison.

Persons: Beryl, ”, Wei, Con Edison Organizations: CenterPoint Energy, PA Consulting Locations: Houston, Gulf

☆ NASA’s Boeing Starliner test flight astronauts discuss spacecraft problems
▼ + stars: | 2024-07-10 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —Boeing’s Starliner spacecraft and its crew have been in space for more than a month — much longer than the weeklong stay initially expected. But the two astronauts piloting this historic test mission mostly spoke favorably about the vehicle that carried them to the International Space Station, marking the inaugural crewed flight of the Boeing-built spacecraft. I mean, truly amazing,” Butch Wilmore, one of two NASA astronauts helming this mission, said in a Wednesday news briefing. The pump’s failure “put us in a position where we’d have to store an awful lot of urine,” said Dana Weigel, manager for NASA’s International Space Station Program, before the flight. SpaceX designed its cargo Dragon spacecraft years before its Crew Dragon capsule, while Boeing somewhat started from scratch with Starliner.

Persons: CNN —, there’s, Butch Wilmore, ” Wilmore, Wilmore, Hurricane Beryl, hasn’t, Williams, Steve Stich, “, ” Stich, Sunita Williams, Wilmore —, Wilmore’s, ” Williams, ”, Mark Nappi, ” Nappi, Dana Weigel, Weigel, “ I’m, Northrop Grumman, Bob Behnken, Doug Hurley, Behnken, Hurley, “ We’ve, Stich, Butch, Suni Organizations: CNN, International, Boeing, NASA, SpaceX, International Space Station, NASA’s, Space Station, Northrop Locations: New Mexico, Cape Canaveral , Florida, Williams

☆ Oil rebounds as U.S. stockpiles drop, interest rate cut outlook brightens
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rebounded on Wednesday following three days of declines after an industry report showed U.S. crude and fuel stockpiles fell last week, indicating steady demand, and the outlook for interest rate cuts improved. U.S. West Texas Intermediate (WTI) crude rose 26 cents to $81.67 a barrel, after falling 1.1% in the previous session. Following Powell's comments investors continued to put a nearly 70% probability on a Fed rate cut in September. The outlook for higher oil prices was also supported by a U.S. Energy Information Administration (EIA) report on Tuesday showing global oil demand will outpace supply next year, reversing a prior forecast for a surplus. In Texas, oil and gas companies restarted some operations on Tuesday after Hurricane Beryl lashed the state, while some facilities sustained damage and power had not been fully restored.

Persons: WTI, Hurricane Beryl, Brent, Jerome Powell, Beryl Organizations: Brent, . West Texas, American Petroleum Institute, U.S . Federal, ANZ, U.S . Energy Information Administration Locations: Maricopa, Kern County , California, Texas, Hurricane, U.S

☆ Oil prices hold firm as OPEC sees solid demand on stronger economic growth this year
▼ + stars: | 2024-07-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Oil prices held firm Wednesday as OPEC sees solid demand supported by stronger economic growth this year. OPEC maintained its oil demand growth forecast of 2.2 million barrels per day for 2024. Here are today's energy prices:The oil market is waiting to see if U.S. inventory data will confirm expectations that the market is tightening. Summer fuel demand has had a soft start, but a big draw of 12.2 million barrels of crude and 2.2 million barrels of gasoline for the week ended June 28 indicated that activity was picking up. Analysts polled by Reuters expect crude stocks fell by 1.3 million barrels last week, and gasoline inventories declined by 600,000 barrels.

Persons: Tamas Varga, Varga Organizations: OPEC, Reuters, Department, Energy Locations: Stanton , Texas, Brazil, Russia, India, China, Israel, Houston

☆ What’s in Store for the 2024 Hurricane Season?
▼ + stars: | 2024-07-10 | by ( Christopher Kuo | ) www.nytimes.com time to read: +1 min

When Hurricane Beryl intensified into a Category 5 storm last week, it broke records and left a trail of damage across the Caribbean. The first named hurricane of the season, Beryl is the earliest Category 5 Atlantic hurricane ever recorded, and also the first Category 4 hurricane to form in the Atlantic in the month of June — a portent of what experts say is a hurricane season that will be much more intense than usual. Hurricane season usually runs from June 1 to Nov. 30, with most storms developing between mid-August and mid-October. If you’re planning to travel during this hurricane season, here’s what you should know. How bad will hurricane season be this year?

Persons: Beryl Organizations: Atlantic, Atmospheric Administration, Colorado State University Locations: Caribbean, Texas, Gulf of Mexico, United States

☆ Hot Weather Bakes Millions in U.S., as Many in Houston Swelter Without Power
▼ + stars: | 2024-07-10 | by ( Isabelle Taft | Judson Jones | ) www.nytimes.com time to read: 1 min

More than 1.3 million utility customers in the Houston area were still without power on Wednesday, two days after Hurricane Beryl swept destructively through the region. Hot, steamy weather on the heels of the storm left many people in the region to swelter without air conditioning. As many as 144 million people across the United States were under National Weather Service heat advisories on Wednesday, from the West and Pacific Northwest to Southeast Texas and many major cities on the East Coast. Large areas of California, Nevada, Arizona and Utah, and the corridor from Washington, D.C., to New Jersey were under excessive heat warnings, indicating “extremely dangerous heat conditions.” Forecasters expect dangerous conditions to persist in the West for several more days and to redevelop in the Southeast later in the week.

Persons: Hurricane Beryl, destructively Organizations: Hurricane, National Weather Service, West and, Washington , D.C Locations: Houston, United States, West and Pacific Northwest, Southeast Texas, East Coast ., California , Nevada , Arizona, Utah, Washington ,, New Jersey

☆ Beryl Leaves Millions Without Power in Houston: What to Know
▼ + stars: | 2024-07-09 | by ( J. David Goodman | ) www.nytimes.com time to read: +1 min

A day after Tropical Storm Beryl struck Houston with deadly force, flooding roads and highways and killing at least seven people in Texas and an eighth in Louisiana, officials were struggling to restore power for millions of residents as hot weather returned to the region. But the force of its winds still left Houston residents reeling for the second time in two months after a deadly system of thunderstorms crashed through the city in May. The storm had sustained winds of 65 m.p.h. as it passed through Houston but also produced damaging, hurricane-force wind gusts above 80 m.p.h. Two of the confirmed deaths from the storm in the Houston area on Monday involved trees that fell into homes, crushing people inside.

Persons: Beryl Locations: Houston, Texas, Louisiana

☆ What the rest of hurricane season could hold after Beryl made early-season history
▼ + stars: | 2024-07-09 | by ( Mary Gilbert | ) edition.cnn.com time to read: +9 min

Collin Reid/AP A boat damaged by Hurricane Beryl lies on its side at a dock in Kingston on Thursday. Leo Hudson/AP Simone Francis gathers items from her home that were blown away by Hurricane Beryl in Old Harbor, Jamaica, on Thursday. Ricardo Hernandez/AP Pastor Winston Alleyne clears trees felled by Hurricane Beryl in St. Vincent and the Grenadines on July 2. Lucanus Ollivierre/AP Fishing boats, damaged by Hurricane Beryl, sit in a heap at the Bridgetown Fisheries in Barbados on July 1. Randy Brooks/AFP/Getty Images Brad Reinhart, senior hurricane specialist at the National Hurricane Center in Miami, tracks Hurricane Beryl on July 1.

Persons: Beryl, Phil Klotzbach, Beryl –, –, “ Beryl, ” Klotzbach, Mark Felix, Hurricane Beryl, Brandon Bell, Blake Braun, Dolly, Port, Jon Shapley, Eddie Seal, Fernando Llano, Everton Evanks, Elizabeth, Joe Raedle, Collin Reid, Leo Hudson, Simone Francis, Hurricane, Paola Chiomante, Marco Bello, Jose Luis Gonzalez, Vincent, Lucanus, Arthur Daniel, Samir Aponte, Ricardo Hernandez, Winston Alleyne, Ricardo Mazalan, Sylvia Small, Matthew Dominick, Chandan Khanna, Randy Brooks, Brad Reinhart, Gilbert Bellamy, “, Mona Hemmati, Beryl “, ” Hemmati, Hurricane Beryl churns, Beryl Beryl’s, Alberto, Chris –, El Niño, CNN’s Rachel Ramirez Organizations: CNN, Colorado State University, Getty, Houston Chronicle, AP, Bloomberg, Everton, National, Reuters, Wednesday, Reuters Workers, AP Homes, Bridgetown Fisheries, NASA, National Hurricane Center, Klotzbach, Climate, Hurricane, Colorado State, National Hurricane Locations: Caribbean, Surfside Beach , Texas, AFP, Houston, Hurricane, , Texas, Port Aransas , Texas, Tulum, Mexico, St, Elizabeth Parish, Jamaica, Kingston , Jamaica, Kingston, Old Harbor, Cancun , Mexico, Playa del Carmen, Union, Kingstown, Grenadines, Petite Martinique, Cumanacoa, Venezuela, Santo Domingo, Dominican Republic, Bridgetown, Barbados, Oistins, Hastings, Miami, Columbia, Africa, United States

☆ Yep, people still haven't forgiven Ted Cruz for Cancún
▼ + stars: | 2024-07-09 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Some people are still mad at Ted Cruz for leaving Texas high and dry during deadly storms in 2021. Cruz's post on Hurricane Beryl had people reminding him about how he vacationed in Cancún in 2021. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSome people still haven't forgiven Sen. Ted Cruz for flying to Cancún while Texas weathered deadly winter storms in 2021. As Hurricane Beryl slammed Texas as a category one hurricane on Monday and knocked out power for nearly three million homes and businesses, Cruz reposted an X post from "MattressMack."

Persons: Ted Cruz, Hurricane Beryl, —, Sen, Beryl, Cruz, James McIngvale, Hurricane Harvey Organizations: Texas, Hurricane, Service, Furniture, Texans, Business Locations: Cancún, Cancun, Texas, Hurricane

☆ At least 7 dead and more than 2 million without power in Hurricane Beryl aftermath
▼ + stars: | 2024-07-09 | by ( Patrick Smith | ) www.cnbc.com time to read: +1 min

A home destroyed by Hurricane Beryl bakes in the midday sun on Monday off Blue Water Highway in Surfside Beach. At least six people have died in Texas and one in Louisiana as a result of Hurricane Beryl, as a huge clean-up and restoration operation gets underway to reconnect 2.3 million energy customers who lost power during the storm's disastrous procession through the state. A 53-year-old man and a 74-year-old woman both died when trees fell onto their homes in separate incidents in Harris County, Texas, police said. Beryl has since been downgraded to a tropical depression, but more than 21 million people from Arkansas to Michigan were under flood watches Tuesday morning as it continues to moves northeast. At least six people died in Texas as a result of the storm after it made landfall on Monday as a Category 1 hurricane with sustained wins speeds of 80 mph.

Persons: Hurricane Beryl bakes, Hurricane Beryl, Russell Richardson, Sheriff Julian Whittington, Beryl Organizations: Montgomery County Emergency Management, Magnolia . Houston Police Department, Sheriff, Facebook, National Weather Service Locations: Surfside Beach, Texas, Louisiana, Hurricane, Harris County , Texas, Montgomery County, Magnolia ., Bossier Parish , Louisiana, Shreveport, Arkansas, Michigan

☆ CNBC Daily Open: Are markets overly optimistic?
▼ + stars: | 2024-07-09 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While open to collaboration, Elliott plans to give shareholders a say in leadership changes if the board remains unresponsive. Despite selling $379 million worth of bitcoin in recent weeks, Germany's Federal Criminal Police Office still holds roughly 32,488 bitcoins — worth around $1.9 billion at today's prices.

Persons: Beryl, Elliott, Elliott Management, Bob Jordan, Gary Kelly, Corning, We've, Wendell Weeks, Max Organizations: New York Stock Exchange, CNBC, Nasdaq, Apple, Nvidia, Dow Jones, Treasury, Southwest Airlines, Police, Federal Criminal Police, Boeing, Wall Locations: New York City, U.S, Saxony, Texas

☆ CNBC Daily Open: Are markets too optimistic?
▼ + stars: | 2024-07-09 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While open to collaboration, Elliott plans to give shareholders a say in leadership changes if the board remains unresponsive. Despite selling $379 million worth of bitcoin in recent weeks, Germany's Federal Criminal Police Office still holds roughly 32,488 bitcoins — worth around $1.9 billion at today's prices. Japan stocks hit record highJapan's export-heavy Nikkei 225 as well as the broader Topix hit record highs amid a broader rise in Asia-Pacific markets.

Persons: Beryl, Elliott, Elliott Management, Bob Jordan, Gary Kelly, Corning, We've, Wendell Weeks Organizations: New York Stock Exchange, CNBC, Nasdaq, Apple, Nvidia, Dow Jones, Treasury, Southwest Airlines, Police, Federal Criminal Police, National Australia Bank, CSI Locations: New York City, U.S, Saxony, Japan, Asia, Pacific, Al

☆ In Search of Power, Texans Ask: Are the Lights on at Whataburger?
▼ + stars: | 2024-07-09 | by ( Isabelle Taft | ) www.nytimes.com time to read: +1 min

Want to find a working gas station, an open restaurant or someplace with air-conditioning in East Texas after Hurricane Beryl knocked out power to millions on Monday? Users on Houston-area Facebook pages and group chats have suggested checking Whataburger’s online map to see which locations of the homegrown fast-food chain are operating. She looked at the map and headed where “there was a pretty decent concentration of Whataburgers” open. Craig Fugate, a head of the Federal Emergency Management Agency under President Barack Obama, once said: “If you get there and the Waffle House is closed? That’s where you go to work.” The concept is known as the “Waffle House index,” and has even been studied by academics — really.

Persons: Hurricane Beryl, Jais Curry, Craig Fugate, Barack Obama, — Organizations: Federal Emergency Management Agency, Waffle, CenterPoint Energy Locations: East Texas, Hurricane, Houston

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