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Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.
Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, , Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina
Manufactured housing, sometimes called mobile homes, are homes made in a factory rather than constructed on site, and they have been surging in popularity this year amid America’s housing crisis. Instead, they’re turning to the internet for lower-cost options, whether a pop-up foldable house kit, a tiny home or a traditional mobile home. Amazon is not the first major retailer to sell manufactured homes. More than 100 years ago, American retailer Sears, Roebuck and Co began selling kit homes from its catalog, with some for under $1,000. A 2023 Urban Institute paper argued that mobile homes were “uniquely vulnerable” to natural disasters compared to other housing.
Persons: Julie Johnson, homeownership, SSRS, George Rose, Donald Trump, Sears, Marc Norman, ” Norman, Katie Currid, , Norman, Johnson, ” Johnson, Rebecca Blackwell, Johnson’s, Julie Johnson's, Patrick Harker, ” Harker, , ” CNN’s Chris Isidore Organizations: CNN, Facebook, National Association of Realtors, Getty, Census Bureau, Sears, Roebuck, Schack Institute of Real, New York University, Daily News, Urban, Hurricane, Federal Reserve Bank of Philadelphia, Locations: North Carolina, America, Boulder City, Boulder City , Nevada, Staunton , Virginia, Staunton, Mobile, Hurricane Milton, Englewood , Florida
Oil slips as U.S. storm threat eases, China stimulus disappoints
  + stars: | 2024-11-11 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China's stimulus plan disappointed investors seeking fuel demand growth in the world's No. Oil consumption in China, the world's driver of global demand growth for years, has barely grown in 2024 as its economic growth has slowed, gasoline use has declined with the rapid growth of electric vehicles and liquefied natural gas has replaced diesel as a truck fuel. Oil prices have also eased after concerns about supply disruption from storm Rafael in the U.S. Gulf of Mexico subsided. More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline on Sunday, according to the offshore energy regulator. Looking ahead, uncertainty from policies under U.S. President-elect Donald Trump have clouded the global economic outlook although expectations that he could tighten sanctions on OPEC producers Iran and Venezuela and cut oil supply to global markets partly caused oil prices to gain more than 1% last week.
Persons: Tony Sycamore, Rafael, Donald Trump, refiners Organizations: Brent, West Texas, National People's Congress, ANZ, Central Economic Work Conference, U.S Locations: U.S, China, U.S . Gulf, Mexico, Iran, Venezuela
As questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korea's leader, Kim Jong Un, at a March military demonstration in North Korea. AdvertisementDuring a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. AdvertisementThat comes as South Korea has become home to one of the world's fastest-growing defense industries in recent years. Correction: November 11, 2024 — An earlier version of this story misstated the country in which videos appear to show North Korean troops.
Persons: Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Kim, Lee, There's, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Korea Times, KCNA, REUTERS, The Korea Times, Associated Press, North, Korea's Defense Ministry, Wall Street, Ukraine's Center, South Korea's National Intelligence Service, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Kyiv, Ukraine's, Ukraine, Kursk, Korean, South
One ex-member of the branch said he thinks North Korea did send special forces, but not its best. AdvertisementAs questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korean leader Kim Jong Un attends a military demonstration in North Korea, in this picture released on March 16, 2024. During a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. This image released by South Korea's spy agency the National Intelligence service shows North Korean leader Kim Jong-Un watches numerous shirtless North Korean troops in combat training, according to the agency.
Persons: , Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Lee, there's, Kim, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Service, Korea Times, North, KCNA, REUTERS, The Korea Times, Associated Press, Wall Street, Ukraine's Center, National Intelligence, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Ukraine, Kursk, Korean, South
CNN —A 6.8 magnitude earthquake struck off the coast of eastern Cuba on Sunday, causing material damage in several regions as the island continues to recover from widespread blackouts and the impact of two hurricanes over the past few weeks. The municipality of Pilón has suffered “a lot of damage,” according to Enrique Diego Arango Arias, head of the National Seismological Service of Cuba. Residents in eastern Cuba told Reuters that the tremor was as powerful as any they’ve felt before. In other occasions, we’ve felt the earthquake but not as strong as now,” Griselda Fernandez said. The quake was also felt in the eastern provinces of Santiago de Cuba, Holguin and Guantánamo, where the deadly Hurricane Oscar struck last month.
Persons: Miguel Díaz, Canel, Enrique Diego Arango Arias, , haven’t, , we’ve, ” Griselda Fernandez, Oscar, Rafael, shockwaves Organizations: CNN, United States Geological Survey, National Seismological Service, Facebook, Reuters, Santiago de Cuba, US, Tsunami Warning Locations: Cuba, Bartolomé, Granma Province, Pilón, Santiago de, Holguin, Guantánamo, Havana, Florida, Miami
A Spanish research vessel that investigates marine ecosystems has been abruptly diverted from its usual task to take on a new job: Helping in the increasingly desperate search for the missing from Spain’s floods. Carrera, 60, is head of the fleet of the research vessels run by the Spanish Institute of Oceanography, a government-funded science center under the umbrella of the Spanish National Research Council. The boat also helped research the impact from the lava flow that reached the sea from the 2021 La Palma volcano eruption in Spain’s Canary Islands. Finding a body at sea, Carrera said, is highly unlikely. Those findings will contribute to initiatives by other Spanish research centers to study Spain’s deadliest floods of the century.
Persons: Pablo Carrera, ” Carrera, Emilio Morenatti, David Ramos, Carrera, CESAR MANSO, Organizations: Associated Press, Getty, Spanish Institute of Oceanography, Spanish National Research Council Locations: Spanish, Valencia, Carrera, Alicante, Spain’s, Palma, Canary, AFP, Spain, Valencian, Turis
Calmer winds helped California firefighters battle the once out-of-control Mountain Fire on Friday as they continued to defend homes from the destructive blaze, officials said. Evacuation orders have been lifted for at least two communities near the Mountain Fire in Ventura County, sheriff’s Sgt. Ventura County Fire Department firefighters work to extinguish hotspots at a home that was destroyed in the Mountain Fire, in Camarillo, Calif., on Friday. The blaze destroyed 132 structures through Thursday, and 10 people have been reported injured, according to Ventura County Fire Department spokesperson Andy VanSciver and Ventura County Sheriff James Fryhoff. Firefighters used their trucks to get some residents away from the looming flames, Ventura County Fire Capt.
Persons: Sgt, Monica Smith, Ventura, Mario Tama, Moorpark, Smith, Andy VanSciver, Ventura County Sheriff James Fryhoff, Etienne Laurent, Jessica Graham, Trevor Johnson, Gavin Newsom, Ryan Kittell, Kittell Organizations: Ventura County Fire Department, Getty, California Department of Forestry, Cal Fire, Ventura County Animal Services, Ventura County Fire, Ventura County Sheriff, AFP, NBC, Firefighters, Southern, Edison, Emergency Management Agency, Ventura, Air Pollution Control, Ventura Family, National Weather Service Locations: California, Ventura County, repopulation, Camarillo, Calif, Santa Susana, Santa Paula, Los Angeles, Camarillo Heights, Somis, NBC Los Angeles, Conejo, Simi Valley, Ventura
AdvertisementThe closure of a Kmart store in Bridgehampton, New York, in October marked the end of an era for the iconic chain. Now, just one Kmart store remains in the mainland US, tucked away inside an At Home store in southwest Miami. "We see this in things such as Kmart hacks," where creators showcase how they use Kmart products in novel ways to help in their everyday lives, Lloyd-Wallis said. A race to the bottomSo far, Kmart Australia has weathered the e-commerce storm, in part thanks to the geographical challenges companies like Amazon face in Australia. It seems, then, that Kmart Australia could find itself in a price race to the bottom.
Persons: , Gary Mortimer, Mortimer, They've, Ian Bailey, it's, Bailey, we've, Anastasia Lloyd, Wallis, news.com.au, Roy Morgan, Laura Demasi, Roy Morgan's Organizations: Kmart, Service, Walmart, Target, Kmart Group, Queensland University of Technology, National Retail Federation, Kmart Australia, Getty, Retail Doctor Group, Lloyd, Amazon Australia Locations: Australia, Bridgehampton , New York, Miami, Australian, Melbourne, New Zealand, Target Australia, Canada, Singapore, Philippines, Sydney, Kmart Australia
Newsom is far from the only Democratic governor preparing to take on Trump. In blue states like Illinois, Massachusetts and New York, officials are already vowing to mount legal and policy fights against the incoming Trump administration on issues like abortion rights, environmental regulations, gun control, immigration enforcement and more. But the second Trump era will offer Democratic officials opportunities to showcase their own leadership as they position themselves for potential future runs. A less combative toneSome Democratic governors, including those widely seen as potential 2028 presidential contenders, did not immediately take aim at Trump’s incoming administration. “Finally, let’s root for the success of the new administration and keep working together to get things done.”Pennsylvania Gov.
Persons: Donald Trump, Trump, Gavin Newsom, , ” Newsom, Newsom —, , Newsom, Kamala Harris, Harris ’, Joe Biden’s, J.B . Pritzker, , ” Pritzker, Kathy Hochul, Letitia James, Maura Healey, Wes Moore, ” Moore, Gretchen Whitmer, Harris, Josh Shapiro, , Tim Walz, JD Vance, he’s, ” Walz, Andy Beshear, Beshear, we’re, Trump —, ” Beshear, ” Josh Stein, don’t Organizations: CNN, Democratic, California Gov, Republicans, Trump, Democratic Party, Illinois Gov, New York Gov, MSNBC, Maryland Gov, ” Michigan, Minnesota Gov, Arizona voters, , Democrats Locations: California, Illinois , Massachusetts, New York, Illinois, Washington, Massachusetts, Pennsylvania, Minnesota, “ Minnesota, Arizona, ” Kentucky, North Carolina
Hurricane Helene affected at least 48,000 acres of pecan trees, according to UGA. The overall economic impact of Hurricane Helene on Georgia’s entire agriculture industry is estimated at $6.46 billion, according to UGA. Hurricane Helene was also crippling for farmers in Georgia because it hit just six years after Hurricane Michael, Wells said. ‘Not… a single pecan’Moses said the damage from Hurricane Helene means she and her husband “will not harvest a single pecan” this season. At the Moses pecan farm, Taylor Moses said she and her husband have had long, emotional conversations about whether to replant their pecan trees.
Persons: CNN — Taylor Moses, Hurricane Helene, Moses, Arren, ” Moses, , you’ve, it’s, Helene, Lenny Wells, Wells . Hurricane Helene, Hurricane Michael, Wells, Michael, ” Wells, Tyler Harper, Harper, , Moses pecan, Georgia Department of Agriculture Chris Harrell, Harrell, , ’ Moses, Greg Fonsah, Brad Rubin, ” Rubin, Laura Shenkar, Shenkar, ” Shenkar, Taylor Moses Organizations: CNN, Department of Agriculture, UGA, Hurricane, Georgia’s, Agriculture, Georgia Department of Agriculture, Southern Roots Nuts, Southern Roots, Wells, Food Institute Locations: Georgia, ” Georgia, , Hurricane, Wells . Hurricane, Uvalda , Georgia, New Mexico
“But Bobbi didn’t.”At the end of the 10-day cruise, Tam disembarked thinking how Bobbi was very different from their ex-husband. Tam & Bobbi WatermanAlmost 1,000 miles apart, Tam and Bobbi stayed in touch via instant messages and social media updates. Tam & Bobbi WatermanAs Bobbi started living authentically in 2023, she and Tam also started preparing for the trip of a lifetime. So when they learned about Royal Caribbean’s Ultimate World Cruise, a nine-month long world cruise setting sail in December 2023, the couple jumped at the chance. “That was the hardest thing on the world cruise, because my passport was my old name and my old gender.
Persons: Bobbi Waterman, Bobbi, Bobbi didn’t, didn’t, Tam Asbury, Tam, ” Bobbi, , ” Tam, “ I’d, , they’d, , I’d, Tam couldn’t, Bobbi hadn’t, ’ ”, “ Bobbi, Tam didn’t, We’ve, They’ve, who’d, “ Tam, ’ Tam, , she’d, Tam’s, Bobbi’s, ” Tam’s, Tam Waterman, Bobby, ‘ You’re, ’ I’d, Bobbi Waterman Bobbi, NASA —, ’ ” Bobbi, She’d, “ I’ve, stepgranddaughters, she’s, You’ve, Bobbi Waterman “, you’ve, nothing’s, Tam marveled, ” They’re, there’s, ” “ Organizations: CNN, CNN Travel, NASA, , Skype, Amsterdam’s, Royal, Melbourne Airport, New Zealand, eBay, YouTube, Mount Fuji Locations: Fiji, American, Florida, Australia, Pacific, Melbourne, , Amsterdam, Netherlands, Budapest, Hungary, Paris, Europe, London, Northern, Bobbi, Sydney, Perth, New, Connecticut, Alaska, Bobbi’s, Boulder , Colorado, Hawaii, America, Tam of Florida, Bobbi’s Florida, Mexico, Tam, Japan, Antarctica, Brisbane, Hong Kong, Vietnam, Grenada, Spain, Portugal
Rafael was moving west across the Gulf of Mexico Friday morning as the first major hurricane in the Gulf of Mexico in November for almost 40 years, bringing the threat of life-threatening conditions to the southern United States coastline. Forecasters said the storm could cause dangerous surf and rip-tides across the whole Gulf region in the coming days, after causing havoc in Cuba where millions are still without power. ET Rafael was 585 miles east of the mouth of the Rio Grande with sustained wind speeds of 120 mph, making it a Category 3 hurricane, moving west at a rate of 9 mph, the National Hurricane Center said. Rafael is now tied with Hurricane Kate in 1985 as the strongest storms recorded in the Gulf. The storm is expected to weaken throughout the weekend, but it could still produce tropical storm-force winds — which is between 39 and 73 mph — up to 115 miles from its center.
Persons: Rafael, Hurricane Kate, Miguel Díaz Organizations: National Hurricane Center Locations: Gulf, Mexico, Gulf of Mexico, United, Cuba, Rio
Luxury brands face uncertainty after Donald Trump won the US presidential election. His victory spells trouble for the sector's hopes of a comeback in China. AdvertisementAmerica has elected a new president, paving an uncertain future for luxury brands looking to boost sales in China. Tariffs further complicate luxury's China issuesChina has been a reliable cash cow for luxury brands for decades. AdvertisementNationalism's rise doesn't play well for luxuryTrump's return to the White House is a signal of a wider issue facing luxury brands — rising nationalism.
Persons: Donald Trump, , Trump, Jelena Sokolova, Martin Roll, they'll, Cheng Xin, Gary Ng, Ng, Daniel Langer, Justin Sullivan, It's Organizations: Service, America, Beijing, Morningstar, Trump, McKinsey, Pepperdine University Locations: China, outflows, Russia, Europe
France is going to send Ukraine Mirage fighter jets, the second Western jet type it will receive. The jets can carry Storm Shadow/SCALP missiles, and Ukraine's jets will reportedly have them. AdvertisementThe new Mirage fighter jets France promised to Ukraine will give it another combat platform able to launch the Western Storm Shadow missiles it has been using to frustrate Russia. AdvertisementIt is unclear how many Storm Shadow/SCALP missiles France may commit as part of the effort. It also not clear how many of the missiles Ukraine currently has.
Persons: , Sébastien Lecornuhas, Storm, Tim Robinson, Gordon, Skip, Davis, Volodymyr Zelenskyy, Vitalii, JUSTIN TALLIS Organizations: Ukraine Mirage, Service, Storm, Shadow, YouTube, Ukrainian Air Force, Dassault Aviation, La Tribune, Russia, UK's Royal Aeronautical Society, US Army, Getty, BBC, Tribune, Politico, Biden Locations: France, Ukraine, Russia, Kyiv
Hurricane Rafael has turned to the west after lashing Cuba where it knocked out the country’s electrical grid, leaving its 10 million residents in the dark. Rafael will continue to move away from western Cuba on Thursday and will weaken over the central Gulf of Mexico. “On the forecast track, Rafael is expected to move over the southern Gulf of Mexico for the next few days,” the National Hurricane Center said. A man walks through a darkened street due to a blackout after the pass of hurricane Rafael in Havana, on Wednesday. I hope all the power will be restored when the storm is over,” Havana resident Mabel Suarez told Reuters.
Persons: Rafael, Yamil Lage, Mabel Suarez Organizations: National Hurricane Center, Locals, Reuters, , The Associated Press Locations: Cuba, Cuban, Artemisa, Key West , Florida, Mexico, , Havana, AFP, Florida, ” Havana
HAVANA — Cuba’s national electrical grid collapsed on Wednesday as Hurricane Rafael slammed into the island’s southwest shore, packing sustained winds of 115 mph and wreaking havoc on the already crisis-stricken country. The hurricane was churning about 60 miles west of Cuba’s capital Havana on Wednesday night, after lashing the capital city of nearly two million people with driving rain and violent wind gusts. The Miami-based National Hurricane Center warned of a “life-threatening storm surge, damaging hurricane-force winds and flash flooding” across much of western Cuba. Cuba’s state-run grid operator UNE said the high winds had caused the country’s electrical system to collapse. Forecasters predict Rafael will spin off towards the western Gulf of Mexico later this week, though the track remains uncertain, the hurricane center said.
Persons: Rafael, Havana’s Jose, Ydael Pérez Brito, Oscar, Adalbero Roque Organizations: Hurricane Center, Police, Havana’s Jose Marti International Airport, Pinar del, Farmers, Agriculture, Communist, Getty Locations: HAVANA, Cuba’s, Havana, Miami, Cuba, State, Varadero, Cayo Largo, Artemisa, Pinar del Rio, AFP, Venezuela, Russia, Mexico, Cayman Islands, Gulf
More women have been represented in the album of the year category since it was expanded in 2019, going from 5 nominees to 8 or more. Her husband Jay-Z, reminded Grammy voters of this perceived oversight during last year’s ceremony. But the race for album of the year is just one part of what may make the 2025 Grammy Awards special. 1 on the Billboard 200, he is on track to, at the very least, earn multiple nominations on Friday. The Grammy nominations will be announced live on Friday at 10:45 a.m. EDT/7:45 a.m. PDT on the Recording Academy’s YouTube page.
Persons: Taylor Swift, Beyoncé, Billie Eilish, Ariana Grande, Sabrina Carpenter, Charli XCX, Chappell Roan, Jon Batiste, Paul Grein, , Swift, “ Cowboy Carter, ” Grein, she’s, Jay, Grein, , ” Swift, “ Midnights ”, Barbra Streisand, Kendrick, Lamar, Drake, XCX, Maria M . Silva, Roan, Carpenter, Charli, it’ll, Cowboy Carter, Beyonce, don’t, Megan Thee, Slim Pickens ”, Spiritbox, Kendrick Lamar, Timothy Norris, Drake’s, Celine Dion reenters, Celine Dion’s, Celine Dion, Jon Batiste’s, Willie Nelson’s, Willie Nelson, Taylor Swift’s, Michael Webb, Lady Gaga, Malone, Morgan Wallen, this’ll, Beyonce “ Levii’s Organizations: CNN, Recording Academy, , Poet’s Department, Storm King, Albany Times Union, Hearst Newspapers, Kia Forum, Getty, Beatles, London Palladium, Hulton Locations: New Windsor , New York, Inglewood , California, Lamar
Oil prices regain ground as investors eye U.S. election fallout
  + stars: | 2024-11-07 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories. Brent crude oil futures rose 26 cents, or 0.35%, to $75.18 per barrel by 0125 GMT. Trump's election had initially triggered a sell-off that pushed oil prices down by more than $2 as the U.S. dollar rose to its highest level since September 2022. Donald Trump is expected to reimpose his "maximum pressure policy" of sanctions on Iranian oil. U.S. crude inventories rose by 2.1 million barrels to 427.7 million barrels in the week ending on Nov. 1, the U.S. Energy Information Administration said on Wednesday, compared with expectations for a 1.1 million-barrel rise.
Persons: Tony Sycamore, Brent, Donald Trump, Trump, Biden, Hurricane Rafael Organizations: U.S, Trump, Brent, . West Texas, IG, U.S . Bureau of Safety, Environmental Enforcement, U.S . Energy, Administration Locations: Gulf, Iran, Venezuela, China, North America, Hurricane, U.S . Gulf, Mexico
First Solar is the largest manufacturer of solar panels in the U.S. and is rated overweight at Wells Fargo. But the domestic manufacturing tax credits that benefit First Solar are likely to survive because they support jobs in GOP congressional districts, according to the bank. Tailwinds from tariffs, however, would be offset by headwinds from IRA repeal if the GOP goes after the manufacturing tax credits. In the universe of publicly-traded solar stocks, however, analysts view First Solar as best positioned to weather the storm. "In our view, higher tariffs on imported solar panels would diminish competition from Chinese manufacturers, pushing demand towards First Solar's U.S.-made products."
Persons: Donald Trump's, Michael Blum, Trump Organizations: Wells, Republicans, headwinds, GOP, Bank of America Locations: tandemm, U.S, Wells Fargo, China
It’s forecast to move near or just east of Cuba’s Isle of Youth on Wednesday afternoon and make landfall in western Cuba later on Wednesday. Rafael is forecast to bring life-threatening storm surge, damaging hurricane-force winds and flash flooding to portions of western Cuba, forecasters warned. Hurricane conditions are expected in western Cuba and the Isle of Youth on Wednesday. Rainfall totals of 1 to 3 inches are expected for the lower and middle Florida Keys. Several tornadoes are also possible through Wednesday evening over the Florida Keys and far southwestern Florida mainland.
Persons: Rafael, Sancti, Ciego de Avila Organizations: NHC, Saffir, Simpson, Cayman, Pinar, Villa Clara, Florida Locations: Cuba’s Isle, Cuba, Mexico, Cayman Islands, Cuban, Pinar del Rio, Mayabeque, Matanzas, Isle, Villa, Cienfuegos, Florida, Key, Caribbean, U.S
And Trump won over 12% of them, a 5-point increase from 2020, including a 12-point increase among Black men. No Democratic nominee has won North Carolina since Barack Obama in 2008. Before Obama came along, the last Democrat to capture North Carolina was Jimmy Carter in 1976. Follow 2024 election live updatesTrump’s victory in North Carolina underscores the resilience of his MAGA political movement. A couple of unexpected developments threw the outcome in North Carolina into doubt.
Persons: Donald Trump, Kamala Harris, Joe Biden, Harris, Trump, Barack Obama, Obama, Mitt Romney, Jimmy Carter, MAGA, Harris ’, Hillary Clinton, Hurricane Helene, Biden, Roy Cooper, Mark Robinson, Robinson, “ Martin Luther King, Josh Stein Organizations: North, NBC News, NBC, Democratic, North Carolina, GOP, CNN, Republican Locations: North Carolina, Washington, Pennsylvania, Michigan, Wisconsin, Hurricane, Asheville
GOP Sen. Ted Cruz of Texas is headed back to Washington after he turned back a challenge from Democratic Rep. Colin Allred, NBC News projects. Cruz was boosted by gains he made among Latino voters in the Lone Star state, according to NBC News exit polls. Cruz, 53, fought back, seeking in the final weeks of the campaign to paint Allred as wanting to allow boys to play in girls sports. In the end, Allred’s campaign spent more than $50 million on ads in the race, just between Labor Day and Election Day, according to AdImpact. Cruz’s campaign spent $26 million in that time, with an additional $23 million spent by the Truth and Courage PAC, a group backing Cruz.
Persons: Sen, Ted Cruz of, Colin Allred, Cruz, Allred, Kamala Harris, “ dos, , Mitch McConnell, Matthew Bartlett, “ He’s, ” Bartlett, Harris Organizations: Democratic Rep, NBC, Lone Star, Labor, Courage PAC, GOP, Fund, Republican, Trump, Democrat Locations: Ted Cruz of Texas, Washington, Cancun, Cruz, “ Texas, Texas
Donald Trump has won North Carolina, according to the AP and CNN. AdvertisementFormer President Donald Trump has won North Carolina, according to the Associated Press and CNN. Both candidates worked hard to reach voters throughout North Carolina, making frequent stops in the state to rev up support among their respective political bases. Western North Carolina, including Asheville, was hit especially hard by Hurricane Helene. Related storiesRelated VideoTrump won North Carolina in 2016 and 2020, but in both instances the margins of victory were under 4 points.
Persons: Donald Trump, Harris, Trump, , Hurricane Helene, Josh Stein, Mark Robinson, Robinson, Stein, Martin Luther King Organizations: North, AP, CNN, Service, Associated Press, Trump, North Carolina, Democrat, Gov, Republican Locations: North Carolina, Raleigh, Charlotte, Asheville, Hurricane
Editor’s Note: CNN’s 5 Things newsletter is your one-stop shop for the latest headlines and fascinating stories to start and end your busy day. The day after a high-stakes presidential election usually brings elation on one side and dejection for the other. Now’s the time to take a breather and practice a little self-care. Today, the suburban New York dad has dedicated his life — and developed a video game — to help save other young people from overdoses. 3️⃣ Poignant postcard: In 1912, a first-class passenger on the Titanic scrawled a message in pencil to someone back home in England.
Persons: ake, ike, rance, riends, tim, Tod, Coll, egon, Georg, Richard Locations: ife, nsw, Ohio
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