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☆ North Korea calls South Korea a ‘hostile state,’ indicating constitution change
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

SEOUL, South Korea — North Korea has designated South Korea a “hostile state,” its state media said Thursday, confirming that its national assembly had amended the constitution in line with leader Kim Jong Un’s vow to drop unification as a national goal. South Korea’s Unification Ministry, which handles ties with the North, said it “strongly condemns” the constitution change and South Korea’s characterization as a hostile state, and that it will not waver in its efforts toward peaceful reunification. North Korea has previously announced summaries of amendments after several days of delay. North Korea sharply intensified its hostile rhetoric in recent days, accusing the South of intruding on its airspace by flying drones and vowing retaliation. South Korea’s government has declined to say whether its military or civilians flew the alleged drones.

Persons: Kim Jong, ” KCNA, KCNA, Kim, “, Yang Moo, ” Organizations: South, DPRK, ROK, Democratic People’s, Korea’s Unification Ministry, People’s Assembly, University of North Korean, North Korean, Getty Locations: SEOUL, South Korea, North Korea, Korea, Democratic People’s Republic of Korea, South, Republic of Korea, “, Kaesong, Seoul, colluding, United States, North, AFP, Pyongyang

☆ Barclays names UK ‘conviction stock ideas' for the fourth quarter — giving two over 35% upside
▼ + stars: | 2024-10-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

The bank's list includes six overweight-rated stocks from the U.K., which it gave an average upside potential of 25%. "UK stocks overall are still very under-owned and look very cheap. Here are two of Barclays' conviction stock ideas which it gave over 35% upside. SSP Group The stock that was given the biggest upside is SSP Group , a travel food and beverage operator. Barclays has a target price £3.20 on the stock, giving it around 39.1% upside potential.

Persons: — CNBC's Michael Bloom Organizations: Barclays, London Stock Exchange, ConvaTec Locations: U.S, Europe

☆ Victoria’s Secret Fashion Show returns: Here’s what you need to know
▼ + stars: | 2024-10-16 | by ( Tara John | ) edition.cnn.com time to read: +14 min

Kate Moss, 50, makes her Victoria's Secret Fashion Show debut. Kate Moss, who turned 50 in January, made her Victoria’s Secret Fashion Show debut, with her daughter Lila also modeling. Taylor Hill/WireImage/Getty ImagesShe said that Victoria’s Secret was listening to their customers, who wanted the show to return. Ashley Graham walks the runway for the Victoria's Secret Fashion Show 2024. Dimitrios Kambouris/Getty ImagesBlackpink's Lisa performs during the Victoria's Secret Fashion Show 2024.

Persons: Lisa, Blackpink, Gigi Hadid, Barbie, Hadid, Brown, Kate Moss, Dimitrios Kambouris, Adriana Lima —, —, Bella Hadid, Alex Consani, Paloma Elsesser, Lila, Cher, Roxanne Robinson, ” Cher, Evan Agostini, Destiny’s Child, Justin Timberlake, Kanye, Barbara Palvin, Yasmin Wijnaldum, Winnie Harlow, Kendall Jenner, Alexina Graham, Naomi Campbell, Quannah, Megan Rapinoe, Priyanka Chopra Jonas, “, ”, Chantal Fernandez, Lauren Sherman, Victoria’s, Sarah Sylvester, Critics, Janie Schaffer, Liu Wen, Taylor, Victoria’s Secret’s, Tyra Banks, Law Roach, Banks, Angela Weiss, Ashley Graham —, ’ ”, ” Adriana Lima, Roy Raymond, Leslie Wexner, Reagan, ” Sherman, ” Fernandez, Heidi Klum, Gisele Bundchen, Stephen Cherrnin, Sherman, Sharleen, Brands ’, Ed Razek “, Razek, Wexner, Vogue, didn’t, Lily Aldrige, Karlie Kloss, Jeffrey Epstein, Epstein, Ashley Graham, Blackpink's Lisa Organizations: New, New York CNN, PETA, CNN, Brands, Getty, Brooklyn Navy, AP Locations: New York, Brooklyn, White, Lagos, Bogotá, London, Tokyo, American

☆ Rosa: Rails will reassert prices next year.
▼ + stars: | 2024-10-16 | 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 EmailRosa: Rails will reassert prices next year. Ariel Rosa, Senior Analyst, Equity Research at Citigroup, anticipates a positive outlook for the transport earnings season, highlighting J.B. Hunt and the rail sector.

Persons: Ariel Rosa, Hunt Organizations: Rosa, Equity Research, Citigroup

☆ Stocks making the biggest moves after hours: Lucid, Discover Financial, PPG Industries, Kinder Morgan and more
▼ + stars: | 2024-10-16 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Alcoa posted third-quarter adjusted earnings of 57 cents per share, topping analysts' estimate for 28 cents a share, per LSEG. Kinder Morgan reported adjusted earnings per share of 25 cents and revenue of $3.70 billion. Management also announced it expects to fall below budget on adjusted earnings before interest, taxes, depreciation and amortization and adjusted earnings per share by 2% and 4%, respectively. PPG Industries posted adjusted earnings of $2.13 per share on $4.58 billion in revenue.

Persons: LSEG, Lucid, Kinder Morgan —, Kinder Morgan, Equifax, —, Darla Mercado Organizations: Discover, CSX, Alcoa —, Alcoa, Revenue, Third Investment Company, Public Investment Fund, Management, PPG, Green, Dynamics, Steel Dynamics

☆ North Korea blows up parts of inter-Korean road on its side of border, Seoul says
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: +2 min

Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea's military, as seen from the South Korean side, October 15, 2024, in this screen grab from a handout video. South Korean Defense MinistryNorth Korea has blown up sections of inter-Korean roads and rail lines on its side of the heavily fortified border between the two Koreas, South Korea's military said on Tuesday, ratcheting up tensions on the Korean peninsula. The explosions came after Pyongyang pledged last week to completely cut off the inter-Korean roads and railways and further fortify the areas on its side of the border. Around 180 billion won ($132 million) in taxpayers' money was spent by South Korea to rebuild the inter-Korean road, according to the Yonhap news agency. North Korea on Friday said the drones had scattered a "huge number" of anti-North leaflets, in what it called political and military provocation that could lead to armed conflict.

Organizations: South Korean Defense Ministry, Joint Chiefs, Staff Locations: Korea, South, Pyongyang, Seoul, South Korea, North Korea

☆ North Korea is blowing stuff up and making threats, but it's unlikely to go further
▼ + stars: | 2024-10-15 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +4 min

North Korea destroyed parts of roads and rail lines connecting it with South Korea. It comes after North Korea last week accused South Korea of flying drones over its capital. In response, South Korea fired warning shots within its own border, according to South Korea's Joint Chiefs of Staff. The detonations come after North Korea last week accused South Korea of flying drones over its capital Pyongyang. Howell added that historically, North Korea has stepped up provocations during US election years.

Persons: —, Jim Hoare, Kim Jong, Kim Yo Jong, Edward Howell, Howell, ", Hoare, Peter Ward Organizations: North, Service, South Korea's, Chiefs, Staff, Inter, Korean, Office, Bloomberg, Korea, Chatham House, Bloomberg Economics, Sejong Institute, Financial Times Locations: Korea, South Korea, North Korea, South, British, Kaesong, Korean, Pyongyang, North, Seoul

☆ New Jersey Transit operator dead, 23 hurt after train hits tree
▼ + stars: | 2024-10-14 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

A train operator is dead and 23 are injured after a New Jersey Transit train hit a tree early Monday, officials say. A River LINE train was traveling southbound from Trenton when it struck a tree north of the Roebling Station at 6:04 a.m, NJ Transit said in a statement. NBC New York chopper footage shows a large chunk of a tree on the track and the front of the train completely smashed. New Jersey Transit Police are at the scene and investigating. River LINE service is suspended in both directions between Florence and Trenton and substitute bus service is being provided.

Persons: Phil Murphy, ” Norris Young, ” Young, ”, “ Organizations: New, New Jersey Transit, Roebling, NJ Transit, NBC, York, New Jersey Transit Police, New Jersey Gov Locations: New Jersey, Trenton, Florence, NBC Philadelphia

After jury selection this week in the Allen County seat of Fort Wayne, the trial will continue in Carroll County and could last about a month as jurors are sequestered. Gull has prohibited video or audio from inside the courtroom and banned the use of electronics. Allen, who has remained incarcerated while awaiting trial, faces two counts of murder and two counts of felony murder in the teens’ deaths. Doug Carter of the Indiana State Police provides an update on the Delphi murders investigation on April 22, 2019, in Delphi, Ind. Going there would help in “observing and feeling the unique topography of the land; something that cannot be understood from photographs and video,” defense lawyers wrote in their motion.

Persons: Indiana, Abigail “ Abby ” Williams, Liberty “ Libby ”, Richard Allen, Abby, Libby, Rick, Allen, Frances Gull, Carroll, Doug Carter, Nikos Frazier, “, ”, Prosecutors, Andrew Baldwin, Bradley Rozzi, won’t, Gull, Nick McLeland, Alex Martin, Bongo, Mike Patty, We’re Organizations: Liberty, Delphi, Delphi Community Middle School, Indiana State Police, Ind, Journal, Courier, USA, Police, Defense, Prosecutors Locations: Indianapolis, Caroll County, Allen County, Allen, Fort Wayne, Carroll County, Delphi, ” Carroll, Carroll, Ind

☆ When Europe’s railroad dining cars were the height of luxury
▼ + stars: | 2024-10-11 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

The most luxurious experience of them all, however, could be found in the dining car. The latter was the first train car to offer on-board meals, including regional specialties like gumbo, which were prepared in a 3-foot-by-6 foot kitchen. By the 1870s, dining cars could be found on sleeper trains across North America. But this decentralized production model also contained the seed of dining car’s ultimate demise. And despite a revival of interest in train travel on the continent, dining cars (or certainly those equipped with kitchens) are now largely the preserve of tourist services.

Persons: —, impeccably, Henri Opper de Blowitz, Francois Guillot, Graham Greene, Agatha Christie, Charles Dickens, George Pullman, ”, Pullman, Georges Nagelmackers, Arthur Mettetal, “, René Prou, glassmaker, ” —, Mettetal, ” Mettetal Organizations: CNN, Orient Express, Gare de, Getty, New, Compagnie Internationale des, Orient, Nord, Express, “, Pullman, Deco, Italy —, Bettmann, SNCF, Documentation Department Locations: Gare, Gare de l’Est, Paris, Europe, Constantinople, Istanbul, AFP, Britain, America, New York, North America, Belgian, Saint Petersburg, Lisbon, France, North Africa, East, London, Vichy, Switzerland, Italy, Toulouse

Social Security recipients can expect a 2.5% cost-of-living adjustment (COLA) increase in their payments starting in 2025 amid cooling inflation. On Thursday, the Bureau of Labor Statistics reported the 12-month consumer price index inflation rate hit 2.4% in September. The Social Security Administration calculates the annual COLA based on consumer price growth in the months of July, August and September. That, advocates say, is proof that seniors and other Social Security recipients are facing a declining standard of living. “Congress knows this problem is going on, but the gridlock can’t seem to solve anything, much less the third rail of politics that is Social Security,” said Shannon G. Benton, executive director of the Senior Citizens League, an advocacy group.

Persons: ”, Mary Johnson, Shannon G, Benton Organizations: of Labor Statistics, Social Security Administration, for Social Security, Data, Bureau of Labor Statistics, Social, Social Security, CPI, “, Senior Citizens League Locations: Washington

☆ Russia's drive in one battlefront has cost it a staggering 1,800 combat vehicles
▼ + stars: | 2024-10-10 | by ( Lauren Frias | ) www.businessinsider.com time to read: +2 min

Russia has lost five divisions' worth of tanks and vehicles in the Pokrovsk region since last October. AdvertisementRussian forces have reportedly lost nearly 2,000 armored vehicles, tanks, and heavy equipment since launching its offensive in eastern Ukraine last October, an open-source researcher found. AdvertisementDespite the heavy equipment losses, Russian forces have yet to make concrete tactical gains in the region, only advancing about 25 miles toward the key Ukrainian city. Russian forces have also lost rockets, anti-aircraft systems, and drones in its offensive along the eastern front. This is a breakdown of the heavy losses that could jeopardize Russia's ability to expand its battlefield gains.

Persons: —, Ukraine's Organizations: Service, Institute for Locations: Russia, Pokrovsk, Avdiivka, Ukraine, Ukrainian, Donetsk, Vuhledar, Hrodivka

☆ North Korean army to completely sever road and rail lines to South Korea
▼ + stars: | 2024-10-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

North Korea’s Army said it will completely cut off roads and railways connected to South Korea starting from Wednesday, and fortify the areas on its side of the border, state media KCNA reported. North Korea had already been installing landmines and barriers and creating wasteland along the heavily militarized border for months this year despite accidents, South Korea’s military said in July. South Korea’s defense ministry said in a statement that the United Nations Command (UNC) has been notified of the matter, but declined to give specifics. South Korea is in close communication and cooperation with UNC concerning North Korea’s announcement, the ministry added. KCNA also did not mention any law change to designate South Korea as a “primary foe” or similar wording, or any clarification of its borders, amid the continued tense relationship between the neighbors.

Persons: KCNA, Kim Jong Un, ” Organizations: Korea’s Army, General Staff, Korean People’s Army, U.S, United Nations Command, UNC, North, Assembly Locations: South Korea, Korea, South, U.S, North Korea, Pyongyang

Seoul, South Korea CNN —North Korea’s army said it will take the “substantial military step” of completely cutting off its territory from South Korea on Wednesday, after months of fortifying its heavily armed border. Since January, Pyongyang has fortified its border defenses, laying land mines, building anti-tank traps and removing railway infrastructure, according to the South Korean military. Over the past year, a US aircraft carrier, amphibious assault ships, long-range bombers and submarines have visited South Korea, drawing angry rebukes from Pyongyang. “North Korea’s threats, both real and rhetorical, reflect the regime survival strategy of a hereditary dictatorship.”North and South Korea have been separated since the Korean War ended in 1953 with an armistice agreement. In January, Kim said North Korea would no longer seek reconciliation and reunification with South Korea, calling inter-Korean relations “a relationship between two hostile countries and two belligerents at war,” KCNA reported at the time.

Persons: Kim Jong, Kim, ”, Hong Min, ” Hong, Yoon Suk Yeol, Leif, Eric Easley, “ Kim Jong Un, ” Easley, ” KCNA Organizations: South Korea CNN, North, South, DPRK, Staff, Korean People’s Army, Democratic People’s, South Korean, General Staff, US, Korea’s, Chiefs, Korea Institute for National Unification, CNN, Inter, Korean, Armed Forces, Ewha Womans University, North Korean, United Nations Command Locations: Seoul, South Korea, North Korea, Democratic People’s Republic of Korea, Pyongyang, Hong, Russia, West

☆ Florida's gas stations are running out of fuel and Hurricane Milton could have lasting impacts on the state's supply
▼ + stars: | 2024-10-09 | by ( Kelsey Vlamis | Katherine Tangalakis-Lippert | Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Florida gas stations are running out of fuel ahead of Hurricane Milton's landfall. If the storm damages Port Tampa Bay, it could mean long-term trouble for the gas supply chain. AdvertisementA day before Hurricane Milton was expected to make landfall, gas stations in Florida were already running out of fuel. As of 8 p.m. local time on Tuesday, more than 1 out of 5 gas stations in Florida had no gas, according to data from GasBuddy, which tracks gas prices. But lines at gas stations have been long and gas stations are running out quicker than they otherwise would."

Persons: —, Hurricane Milton, Shon Hiatt, " Hiatt, Ron DeSantis, DeSantis, Christopher Tang, Tang, Hiatt, Patrick DeHaan, DeHaan Organizations: Service, Hurricane, Tampa Bay, Business, Energy, University of Southern California's Marshall School, Port Tampa Bay —, Florida Gov, CNN, National Guard, GasBuddy, Coast Guard Locations: Florida, Tampa Bay, GasBuddy, Milton, Coast, Tampa, Orlando, Central Florida, Port Tampa Bay

☆ Lithuania says it intercepted military supplies on their way to Russia, and sent them to Ukraine instead
▼ + stars: | 2024-10-07 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Lithuanian customs intercepted military supplies leaving the Russian exclave of Kaliningrad. Lithuania, once part of the Soviet Union, is one of Ukraine's largest donors, in terms of GDP. AdvertisementLithuanian customs officials say they intercepted shipments of military supplies en route by rail to Moscow — and sent them straight to Ukraine. Lithuania is the most direct route for goods passing from Kaliningrad to Russia. In terms of aid sent to Ukraine as a percentage of GDP, it comes behind only Denmark and Estonia, according to the Kiel Institute for the World Economy's aid tracker.

Persons: —, Moscow —, Vladimir Putin's, Ukraine's, Lithuania's, Ingrida Šimonytė, Putin Organizations: Service, Kyiv Independent, Kiel Institute Locations: Russian, Kaliningrad, Ukraine, Lithuania, Soviet Union, Moscow, Poland, Russia, Vilnius, Denmark, Estonia, Latvia

☆ Japan's Nikkei opens up 2% as Asia markets mostly climb ahead of a week of central bank decisions
▼ + stars: | 2024-10-07 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets mostly climbed on Monday, led by Japan's Nikkei 225 gaining 2% as investors look ahead to a week of central bank decisions from around the region. Three central banks are set to release their interest rate decisions this week, namely the Bank of Korea, the Reserve Bank of New Zealand and the Reserve Bank of India. Economists polled by Reuters expect the BOK and RBNZ to cut rates, while the RBI will hold. The BOK on Friday is expected to lower its benchmark interest rate to 3.25% from 3.5%, while the RBNZ is expected to enact a 50-basis-point cut to 4.75% on Wednesday. Back in August, the RBNZ surprised economists after it lowered its policy rate to 5.25% from 5.5%.

Persons: BOK Organizations: Japan's Nikkei, Bank of, Reserve Bank of New, Reserve Bank of India, Reuters Locations: Seoul . Asia, Pacific, Bank of Korea, Reserve Bank of New Zealand

☆ America’s best foods and the world’s greatest pizza
▼ + stars: | 2024-10-05 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: how Japan led the world’s high-speed rail revolution, the couple who rode motorcycles round the world with three rescue dogs – plus we put the spotlight on America’s world-class cuisine. America’s greatest dishesFrom Louisiana gumbo to Hawaiian poke to the humble PB&J, the United States is home to many fantastic dishes. Here are CNN Travel’s picks of 20 of the best of them – see if your favorites made it to the table. The Italy-based 50 Top Pizza Awards revealed its 2024 list recently, and the winning restaurant wasn’t in Naples or Rome.

Persons: CNN Travel’s, Jane Satow, that’s, ”, who’ll, Trevi, –, it’s, Hurricane Helene Organizations: CNN, wasn’t, Manhattan’s, Greyhound, Trevi, Tourism Locations: Japan, Louisiana gumbo, United States, Italy, Naples, Rome, Virginia, French, Provence, Europe, Chicago, Australian, Trevi, Alaska

Minneapolis CNN —One state audit found that bonus checks intended for frontline workers during the pandemic were handed out to undeserving recipients. Another criticized a Minnesota state agency for failing to ensure there were no conflicts of interest in taxpayer-funded mental health and addiction programs. His fans were easy to find last month at the Minnesota State Fair, which drew nearly 2 million people this year. Republican state Sen. Mark Koran, second from right, speaks with constituents at the Minnesota State Fair. “We are troubled by MDE’s decision,” the auditor’s report said, using the acronym for the Minnesota Department of Education.

Persons: Tim Walz, Judy Randall, –, Walz, Randall, “, ”, Lisa Demuth, Elizabeth Flores, Sen, Mark, Governor Walz, Rick Hansen, Erik Biever, ” “ Tim Walz, Stephen Maturen, Willie Jett, Jett –, ” Walz, “ There’s, Mark Koran, CNN “ They’ve, they’ve, Dan Myers, ’, Blois Olson, he’s, “ They’re, ” Olson, Olson, Aimee Bock, Bock, Bock –, MDE, ” Andrew Luger, Glen Stubbe, Andrew Luger, ” Luger, Walz’s, Heather Mueller –, Jett, Ann, Keith Ellison, Scott Jensen, ” Jensen, “ Who’s, ” Miriam Ackerman, ” Randall, Democrat Mark Dayton –, Lisa Demuth CNN Walz, haven’t, Bill Walsh, Randall “, … you’re Organizations: Minneapolis CNN, Democratic Gov, CNN, of Public, Democratic, GOP, Twin Cities, Star Tribune, Getty, Republican, ”, Randall’s Office, Legislative, Minnesota State Fair, Gov, Minnesota Department of Education, Minnesota Star Tribune, Congressional Republicans, Democrats, Minnesota, Fair, University of Minnesota, Republicans, White, Democrat, FBI, Feds, Minneapolis TV, –, Department of Human Services, DHS, of, American Locations: Minneapolis, Minnesota, unaccountability, East

☆ 2 dead as weakened and ‘weird’ Typhoon Krathon slams into Taiwan
▼ + stars: | 2024-10-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KAOHSIUNG, Taiwan — A weakened and “weird” Typhoon Krathon slammed into southwestern Taiwan on Thursday, hitting the island with a storm that has killed two people so far and forced it to shut down for a second day with hundreds of flights grounded and financial markets closed. Krathon made landfall as a much weaker category 1 typhoon around midday at the major port city of Kaohsiung. All domestic flights were canceled for a second day, as well as 236 international ones. Typhoons often hit Taiwan’s east coast facing the Pacific, but Krathon is unusual in that it directly hit the west coast. Local media labeled it a “weird” storm for that reason, and because of how it hovered off the coast before reaching land.

Persons: Krathon, Kaohsiung Mayor Chen Chi, Liao Shian, ”, Thelma Organizations: Kaohsiung Mayor, Southern, Southern Taiwan Science Locations: KAOHSIUNG, Taiwan, Kaohsiung, Taipei, Southern Taiwan, Pingtung

☆ Massive East Coast port strike: five things to know
▼ + stars: | 2024-10-03 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

New York CNN —A massive port strike along the East and Gulf Coasts that kicked off on Tuesday has the potential to become one of America’s most disruptive work stoppages in recent times. Here’s the latest information you need to know about the port strike. People are panic-buying toilet paper, reports on social media show, displaying empty store shelves where toilet paper and sometimes paper towels used to be. Unlike toilet paper, bananas go bad, so shippers weren’t able to ship large volumes in advance of strikes. On Wednesday, Biden starkly warned against the “man-made disaster” caused by the ongoing port strike and urged the two sides to come to an agreement to avoid significant economic impacts.

Persons: ”, Harold Daggett, Dockworkers, USMX, Biden, Joe Biden, Taft, Hartley, “, ” Biden, Kamala Harris, didn’t, Donald Trump’s, Trump, Kamala Harris ’, Joint Base Andrews, “ We’re, Betsy Klein, Allison Morrow, Chris Isidore, Vanessa Yurkevich, Kayla Tausche, Arlette Saenz Organizations: New, New York CNN, Gulf Coasts, International Longshoremen’s Association, United States Maritime Alliance, CNN, ILA, Anderson Economic, American Farm Bureau Federation, Democratic, ”, NLRB, American, Wednesday, Joint Base Locations: New York, East, USMX, Maine, Texas, Canada, Mexico, Taft, America

☆ Panic buying amid U.S. ports strike is creating supermarket supply concerns
▼ + stars: | 2024-10-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

There is no need for panic buying, and we encourage consumers to shop responsibly. Bill Simon, former CEO of Walmart, stressed that panic buying is serious and can have a cascading effect on domestic products. "Panic buying not only impacts the availability of imported products, but domestic products as well as consumers shift their purchase behavior," warned Simon. Walmart and Target did not immediately respond to requests about any panic buying patterns identified at their stores. John Catsimatidis, owner of the NYC super chain Gristedes, said the panic buying is occurring and showing no signs of slowing down.

Persons: Stew Leonard, Jr, Stew Leonard's, restocked, Bill Simon, Simon, John Catsimatidis Organizations: CNBC, Gulf Coasts, National Grocers Association, —, of Commerce, East, National Retail Federation, Walmart, Target, NYC Locations: Gulf Coast, East Coast, Gulf, United States, U.S, Canada, Mexico, East

☆ Chaos is building for shippers as U.S. port strike continues and costs rise
▼ + stars: | 2024-10-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

Brashier said some clients had containers that were once destined for the Port of Savannah diverted to the Port of Norfolk in the last hours before the strike began. More than a dozen container vessels are currently waiting in the port anchorage area of Freeport, Everstream Analytics data shows. MSC, the largest containership company in the world, has diverted two vessels, according to Vizion. A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Christian Roeloffs, cofounder and CEO of Container xChange, said the timing of this strike is especially challenging for shippers.

Persons: Eric Adams, Spencer Platt, Biden, Paul Brashier, Brashier, Jose Luis Gonzalez, Mirko Woitzik, Lloyd, Hermann Schulte, Port, Harold Daggett, Daggett, Stew Leonard, Jr, Stew Leonard's, Leonard, Brandon Daniels, Daniels, Christian Roeloffs Organizations: International Longshoremen’s Association, ILA, Getty, International Longshoremen's Association, United States Maritime Alliance, ITS Logistics, CNBC, Trucking, Port, Portsmouth, Reuters, Dresden, Turkey East Coast Express Service, America, Schulte Group, MSC, USMX, Local, Virginia International, Walmart, Depot, Folgers Company, Nike, Container, Analytics Locations: Brooklyn, Brooklyn , New York, Gulf Coast, Savannah, Port of Norfolk, Virginia, Portsmouth , Virginia, U.S, Vizion, East Coast, Port of Norfolk , Virginia, Savannah , Georgia, Egypt, America, Charleston, Port, Freeport, Bahamas, Cristobal, Port of New York, New Jersey, Halifax, Canada, Newark, New York City, New York, Savannah , Norfolk, West Coast, demurrage, China, Israel

CNN —An Israeli military reservist who survived the Nova festival massacre has been hailed as a “hero” by the country’s security minister, for confronting two gunmen behind Tuesday’s shooting and stabbing attack in Tel Aviv. Seven people were killed and 16 wounded in the attack on Jerusalem Boulevard in Jaffa, a port neighborhood in southern Tel Aviv, according to Israeli Police. Israeli emergency services following a shooting attack in Jaffa, Israel, on October 1, 2024. Floral tributes and candles for those killed in a gun and knife attack on October 2, 2024 in Tel Aviv, Israel. Israeli Prime Minister Benjamin Netanyahu condemned Tuesday’s attack and sent condolences to the families of those who were killed.

Persons: ”, Lev Kreitman, Kreitman, ” Kreitman, “, Ammar Awad, Reuters Kreitman, Leon Neal, Muhammad Mask, Ahmed Himoni, Itamar Ben, Gvir, ” Ben, Benjamin Netanyahu, Tuesday’s Organizations: CNN, Tel Aviv ., Israeli Police, Channel, Israel Defense Forces, Reuters, Nova, Police, Getty, West Bank, Hamas, Israel Security Agency, IDF, Israel’s National Locations: Israeli, Tel Aviv, Jerusalem, Jaffa, Iran, Israel, Gaza, Israel’s, Hebron, Palestinian

☆ Taiwan shuts down as Typhoon Krathon brings torrential rain
▼ + stars: | 2024-10-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KAOHSIUNG, Taiwan — Taiwan shut down on Wednesday, grounding hundreds of flights and closing schools, offices and financial markets ahead of the arrival of a weakening Typhoon Krathon, with one person reported dead and torrential rain lashing the island’s south. Although the typhoon has weakened, the threats from a storm surge, strong winds and rain remain as it slowly makes its way toward Taiwan’s coast, weather forecasters said. The typhoon would lose power once it hit land, said Kaohsiung Mayor Chen Chi-mai, but would still bring intense winds and rain. Once it hits land, the typhoon could be downgraded into a tropical depression and dissipate, which has happened only once before in Taiwan, in 2001, forecasters said. In Taipei, some malls and shops remained open, with rain only expected later in the day.

Persons: Thelma, Chen Chi, ”, Tommy Wang, Gaemi, Yu Ren, Chou Yi, Power, Chou Organizations: Getty, Central Weather Administration, Apple, Nvidia Locations: KAOHSIUNG, Taiwan, Kaohsiung, Taiwan’s, Hualien, Taipei, Taoyuan, AFP, Tainan, Siaogang

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