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☆ Ukraine is adding cages to another NATO tank type as it scrambles to shield its armored vehicles
▼ + stars: | 2024-10-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The steel screens help protect German-made Leopard tanks from inbound Russian munitions. Ukrainian troops fire a Leopard tank during an exercise near the front lines in eastern Ukraine in May. A German-made Leopard tank with protective screens at an undisclosed location. Courtesy of Rinat Ahkmetov's Steel FrontA German-made Leopard tank with protective screens at an undisclosed location. Both Ukraine and Russia have lost scores of armored vehicles, including tanks, to small drone attacks.

Persons: Rinat, — Organizations: NATO, Rinat Akhmetov's, Service, Kyiv, REUTERS, Leopards, Steel, Abrams, Bradley Locations: Ukraine, Ukrainian, Germany, Russia

☆ We moved from NYC to Raleigh. I didn't think I'd be happy in a smaller Southern city, but it's exceeded my expectations.
▼ + stars: | 2024-10-15 | by ( Elliott Harrell | ) www.businessinsider.com time to read: +5 min

After years of living in highly populated cities, my husband and I moved to Raleigh, North Carolina. AdvertisementI grew up in a small city in South Carolina and went to college in rural Virginia. Here are a few of my favorite things about life in the Southern city. The best part is that we pay less a month for our mortgage than we did for our small NYC rental. Restaurants and chefs from Raleigh are routinely nominated for James Beard awards, and I'd pit some of our favorite eateries against NYC hot spots.

Persons: —, Elliott Harrell, I've, it's, There's, William B, we've, James Beard Organizations: Raleigh, Service, NYC Locations: Raleigh , North Carolina, South Carolina, Virginia, Washington, DC, Sydney, San Francisco, New York City, North Carolina, Raleigh, New York, Southern, Raleigh There's, greenways, There's, Brooklyn

☆ Considering getting flood insurance after Milton and Helene? Here’s what to expect
▼ + stars: | 2024-10-15 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

Still, “lack of flood insurance is the largest insurance coverage gap we see across the United States,” he said. Here’s what you’re likely to encounter if you’re shopping around for flood insurance policies. Flood insurance 101Homeowners with mortgages are almost always required to have home insurance by their lenders. Most flood insurance is offered through the federally backed National Flood Insurance Program, a part of the Federal Emergency Management Agency. The NFIP estimates that more than 40% of NFIP flood insurance claims come from outside high-risk flood zones.

Persons: Helene, Mark Friedlander, ”, Rebecca Blackwell, policyholders, Melissa Sue Gerrits, Friedlander, Andy Neal, Milton, Neal, Scott Hawkins, ” Hawkins Organizations: New, New York CNN, Insurance Information Institute, CNN, Flood Insurance, Federal Emergency Management Agency, AP, FEMA Locations: New York, North Carolina, United States, Gulf, Mexico, Hurricane Milton, Englewood , Florida, Swannanoa , North Carolina

☆ Russia's oil trade is rising as record volumes of Russian crude are carried on 'dark fleet' vessels
▼ + stars: | 2024-10-14 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

According to Clearview Energy Partners, Russian crude prices over the last four weeks have averaged about six cents below the Brent crude price. Record volumes of sanctioned Russian oil were carried by the "dark fleet" and known sanctioned tankers without known insurance over September, according to a recent report from Lloyd's List. The Price Cap Coalition continues to engage with industry to ensure compliance with the price cap and to increase Putin's costs of going outside it." The increased use of dark fleet vessels comes with greater maritime safety and environmental risks. Insurance giant Allianz said in May that dark fleet tankers had been linked to more than 50 accidents.

Persons: Kevin Book, Vortexa, Avebury, Andy Lipow, Putin, Lipow Organizations: Windward, Clearview Energy Partners, CNBC, European Union, Brent, Intelligence, Iranian Tanker Co, U.S . Office, Foreign, Control, Lipow Oil Associates, Treasury, Kremlin, Coalition, Group, Insurance, Allianz Locations: Morocco, U.S, Ukraine, Australia, India, China, Russian, Barbados, Seychelles, UAE, Avebury Shipmanagement . Greece, Russia, United States, Iran, Israel, Straits, Hormuz, Canada, Guyana

☆ As Florida reels, focus turns to restoring power, assisting victims in Hurricane Milton's wake
▼ + stars: | 2024-10-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Denise-Chow-Byline-Jm.Jpg | Denise Chow | ) www.nbcnews.com time to read: +4 min

Restoring power, clearing debris and distributing fuel are now the top priorities in Florida as the state continues to reel in the wake Hurricane Milton. Parts of western and central Florida continue to face the risk of significant flooding in creeks and rivers continue to rise. In a “major” flood stage, the agency expects “extensive inundation of structures and roads,” with the possible need to evacuate people and transfer property to higher elevations. Water levels are expected to continue rising in the coming days, posing a major flood risk in low-lying parts of the county, officials said. Parts of central Florida are also facing elevated risks of flooding due to high water levels in the St. Johns River and Ocklawaha River.

Persons: Milton, Ron DeSantis, DeSantis, “, Tristan Wheelock, Spencer Platt Organizations: Florida Gov, Sarasota Bradenton International Airport, Bloomberg, Getty, National Oceanic, Atmospheric Administration, NOAA, Hillsborough Locations: Florida, Plant City, Bradenton, St, Petersburg, Hillsborough County, Pinellas County, Tampa, Airports, St . Petersburg, Fla, Tampa Bay, Clearwater Beach, Seminole, Hillsborough, Cypress, ”, New Port Richey, Pasco County, Johns

☆ China’s censorship is among the toughest in the world. So why did it let Kanye West play?
▼ + stars: | 2024-10-12 | by ( Chris Lau | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —It seemed like an unlikely stage for Kanye West to unveil his new music. Music fans cheer during Kanye West's Vultures Listening Experience at Wuyuan River Stadium on September 15, 2024. One of the fastest-growing in the world, China’s music market became the fifth-largest market globally in 2022, according to IFPI, a trade body for the recorded music industry. China’s recorded music revenues grew 28.4% in 2022 from the year prior, compared with the global market rise of 9%, IFPI said. Bieber “engaged in a series of bad behaviors, both in his social life and during a previous performance in China,” China’s Ministry of Culture announced in 2015, without going into details.

Persons: –, Ye –, Ye, ”, Luo Yunfei, Xi Jinping, China “, Chen Dan, Mariah Carey, John Legend, Charlie Puth, Chen, Kanye, ” Chen, “, Ye’s, China’s, Hung Ho, fung, Bon, Jovi’s, Lama, Justin Bieber, Jay, Lady Gaga, Bieber “, Culture “, Ho, Johns Hopkins, it’s Organizations: Hong Kong CNN, Kanye, Communist Party, German, Adidas, Sports, Chinese Communist Party, China News Service, University of, Travelers, Xinhua, Kanye West, Visual China, Johns Hopkins University ., Oasis, China’s Ministry of Culture, Ministry, Culture, China, Nanjing University, China Daily, University of Richmond Locations: Hong Kong, China, Hainan, Hainan’s, Haikou, Beijing, Shanghai, “, Tokyo, British, Asia, Nanjing, Johns

☆ Ukraine is eroding Russia's military advantage with strikes on its ammo depots
▼ + stars: | 2024-10-11 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +7 min

Military experts said it's partly down to Ukraine's long-range strikes on Russian ammo depots. AdvertisementUkraine is reducing Russia's artillery advantage on the battlefield, and recent attacks on ammo depots have likely sped that up. According to military experts, these developments are likely due in part to Ukraine's recent long-range strikes on Russian ammunition depots. Taking out the ammoUkraine damaged several rear Russian ammo depots using long-range weapons in a string of long-range strikes that began last month. But Kastehelmi said that in the long run, Russia will "most likely" be able to adapt to Ukraine's long-range strikes.

Persons: it's, —, Ivan Havryliuk, Volodymyr Zelenskyy, John Hardie, Hardie, Emil Kastehelmi, Zelenskyy, Mark Temnycky, Kastehelmi Organizations: Service, CNN, Russia, Foundation for Defense of Democracies, Maxar, Security Service, Ukraine, Technologies, Black Bird Group, Council's Eurasia Locations: Ukraine, Russia, Kursk, Oktyabrsky, Toropets, Russia's, Tver, —, Tikhoretsk, Krasnodar Krai, Republic, Adygea, Finnish

☆ I'm the Kardashians' private chef of nearly a decade. I like to stay out of the spotlight.
▼ + stars: | 2024-10-11 | by ( Jamie Killin | ) www.businessinsider.com time to read: +8 min

AdvertisementThis as-told-to essay is based on a conversation with Khristianne Uy, known as Chef K, a 42-year-old private chef for celebrities based in Los Angeles. I was introduced to working as a private chef through someone I met at work. Related storiesIn 2003, I did a one-year unpaid internship with a seasoned private chef to advance my career. Being a private chef is different because there's no egoYou have to get curious about what your clients want and ask them how you can improve. There's so much on the horizon, I'm working on a cookbook and some docuseries — maybe even my own reality show.

Persons: Khristianne, K, Kardashian, —, Khristianne Uy, It's, I'd, Simon Fuller, James Cameron's, Susan Cameron, There's, I've, Charlie Sheen, Jonas Brothers, Ryan Seacrest, there's, Ryan, Kris Jenner, it's, I'm, James Charles, Lauryn Haas Organizations: Service, lhaas Locations: Philippines, LA, Los Angeles, New York, California, Hulu, Japan

☆ I went to a longevity conference for the ultra-rich. Here's how they're planning to cheat death.
▼ + stars: | 2024-10-11 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +8 min

AdvertisementThe small Swiss town of Gstaad, nestled in the Bernese Alps, looks like a setting ripe for a Sound of Music-inspired fairytale. Longevity Investors Conference/David BiedertThis is where longevity seekers come each fall for an intimate conference connecting investors to entrepreneurs and scientists. AdvertisementYes, there is still some Swiss cheese, wine, and desserts on offer at the Longevity Investor's Conference for those who wish to indulge. Longevity Investors Conference/David BiedertInvestment is flowing into early-stage longevity companies that are bringing tests and products to market. Longevity Investors Conference/David BiedertEquipped with Starlink satellite internet, the boat is designed for "floating coworking."

Persons: —, David Biedert, Moritz, Marc Bernegger, Longevity.Technology, who've, Bryan Johnson, Nir Barzilai, Alex Colville, Emil Kendziorra, Tobias Reichmuth, rapamycin, berberine, nature's, Reichmuth, David Furman, who'd, Julie Andrews, Madonna, Valentino Organizations: Business, Service, Longevity, Conference, Academy for Health, David, Bold, Michelin Locations: Switzerland, Gstaad, Bernese, St, Singapore, Tel Aviv, Age1, San Francisco, Antarctica, Sardinia, Italy, Okinawa, Japan, Zurich

Get Life Insurance Quotes Compare affordable life insurance options with Policygenius. Mutual of Omaha Indexed Universal Life Insurance: Another type of permanent life insurance, indexed universal life insurance policies carry flexible, lifelong coverage. Compare Mutual of Omaha Life InsuranceLearn more about how Mutual of Omaha Life Insurance compares to top life insurance providers. Mutual of Omaha Life Insurance vs. New York LifeQualifying New York Life Insurance customers can convert its policies to permanent life insurance. Mutual of Omaha Life Insurance FAQDoes Mutual of Omaha offer life insurance for seniors?

Persons: you'd, Hannah Van, Sickle, Hannah, Read, Evelyn Organizations: Mutual, Business, Omaha Life Insurance, Nebraska's Creighton University, Fortune, Insurance, Omaha Life, Get, Policygenius, Cons Mutual, Express, Omaha Universal Life, Life Insurance, Better, National Association of Insurance, Farm, Nationwide, York, York Life, New York Life, Plus, New York, . Northwestern Mutual Northwestern Mutual Life Insurance, Northwestern Mutual, Globe, Globe Life, Life, Chevron, Omaha, Berkshire, Berkshire Edge, Personal Finance Locations: Omaha, New, New York, York, Chevron, CA, LA, NH, NY, NC, WI, Berkshires, Massachusetts, Refinery29

☆ Sanctions have put the production of Russia's most advanced stealth fighter in jeopardy, research group says
▼ + stars: | 2024-10-10 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Western sanctions have impacted Russia's production of Su-57 fighter jets, according to a research group. AdvertisementWestern sanctions are threatening Russia's production of its prized Su-57 fighter jet, according to a research group. "It's clear that Russia's military industry heavily depends on Western components, particularly in electronics," it said, adding that sanctions have put Russia's Su-57 production "in jeopardy." "There's no question that Western sanctions are having an impact on Russia's ability to generate its most sophisticated military systems," Spurling told BI. Western sanctions and the war in Ukraine have damaged Russia's economy, but their exact impact is difficult to quantify.

Persons: —, Russia's Su, Bryden Spurling, Spurling, Su, Justin Bronk, Anders Åslund, Alexandra Prokopenko, Putin, Jay Zagorsky Organizations: Frontelligence, Telegraph, Service, EA, RAND Europe, NATO, UK Ministry of Defence, Royal United Services Institute, Project Syndicate, Carnegie, Carnegie Russia Eurasia Center, Financial, Boston University's Questrom School of Business Locations: Russia, Ukraine, Astrakhan, Swedish, Carnegie Russia

☆ A Chinese automaker has taken over Russian plants abandoned by Volkswagen and Mercedes
▼ + stars: | 2024-10-10 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Chinese automaker Chery is using Russian plants once owned by Western firms, Reuters reported. These factories were abandoned by firms such as Volkswagen and Mercedes after Russia invaded Ukraine. AdvertisementChinese automaker Chery has reportedly started manufacturing vehicles in three Russian plants that once belonged to Western firms, five people familiar with the matter told told Reuters. While Washington has worked to ostracize Moscow from the global economy, Chinese firms have filled the gap. AdvertisementThe pattern especially holds true for Chinese car products.

Persons: —, Mercedes —, Mercedes Organizations: Chery, Reuters, Volkswagen, Mercedes, Service, Washington Locations: Russia, Ukraine, Moscow, Beijing, Western, China

☆ 'Stop worrying about a Trump presidency,' NATO's new chief says during UK visit
▼ + stars: | 2024-10-10 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Rutte met with UK Prime Minister Keir Starmer and Ukrainian President Volodymyr Zelenskyy. "Stop worrying about a Trump presidency," Rutte told reporters outside Downing Street. AdvertisementMark Rutte addressed the prospect of a second Trump presidency during his first official visit to London as NATO Secretary General on Thursday. Rutte, a former Dutch prime minister, was in the capital to meet with UK Prime Minister Keir Starmer and Ukrainian President Volodymyr Zelenskyy. "So, really, stop worrying about a Trump presidency.

Persons: Mark Rutte, Rutte, Keir Starmer, Volodymyr Zelenskyy, —, Trump, it's, Kamala Harris, Donald Trump, placating Trump, Rachel Rizzo, he's, Rizzo, Zelenskyy Organizations: NATO, UK, Trump, Downing, Service, Ukraine, Putin, Council's, Center Locations: London, Dutch, Ukraine, United States, Washington, San Francisco, Netherlands, Russia

☆ Ukraine hit 2 Russian ammunition depots in 2 days — hammering the latest in a deep strike on a military airfield
▼ + stars: | 2024-10-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Ukraine said it struck a military airfield in Russia overnight, marking the latest deep strike. AdvertisementUkrainian forces struck an ammunition depot at a military airfield in Russia overnight, the latest in a string of long-range attacks targeting Moscow's war machine. In the past two days, the Ukrainian military has said it caused damage at a key Russian ammunition depot, a drone storage facility, and now another ammo depot at an airfield. It's unclear if the latest ammunition depot stored these weapons. pic.twitter.com/17z39WI2YI — OSINTtechnical (@Osinttechnical) October 9, 2024Ukraine has targeted several Russian ammunition depots since mid-September.

Persons: —, Khanskaya, Russia's Su, Russia's, we've, We've Organizations: Service, Khanskaya, Base, 272nd Training Aviation Base, Ukrainian, GRAU Arsenal, Institute for Locations: Ukraine, Russia, Kyiv, Republic, Adygea, Ukrainian, Maykop, Adygea Republic, Khanskaya, Russia's Bryansk, North Korea, Iran, Karachev, Bryansk Oblast, Bryansk, Russia's Krasnodar, Crimea

☆ Wildlife Photographer of the Year 2024: See the winning images
▼ + stars: | 2024-10-09 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action. London CNN —A magical underwater image of western toad tadpoles has won the 2024 Wildlife Photographer of the Year competition. “A photographer attempting to capture this moment not only brings great skill, but incredible attention to detail, patience and perseverance,” Moran said in the statement. An exhibition of 100 awarded images will open at the museum on Friday.

Persons: Shane Gross, “ Shane, Kathy Moran, Alexis Tinker, ”, ” Moran, “, Doug Gurr Organizations: CNN, Initiative, London CNN, Geographic, Young Wildlife Locations: Lake, Vancouver, British Columbia

Learn moreThe Prime Big Deal Days event is on its second and last day, and there are still Prime Day SSD deals to be had on Amazon for your PC or PS5. Every SSD here can be used in a PC, but only the best SSDs for PS5 meet Sony's requirements (a storage minimum of 250GB with a sequential read speed of 5,500MB/s). It's still an extremely high performer, but it's not especially suited for PS5 storage expansion due to its slower-than-recommended speeds. View at AmazonWestern Digital 4TB WD_Black SN850X $254.72 $699.99 Save 64% WD_BLACK is the premier name in solid-state drive technology, especially for gamers. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: aren't, SSDs, it's Organizations: Business, Deal, Samsung Locations: 1TB

☆ Russia has lost another banking partner as more lenders turn their back on Moscow over fear of sanctions
▼ + stars: | 2024-10-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Oversea-Chinese Banking Corp will stop processing Russian transactions in November, Bloomberg reported. The Singaporean bank is following lenders in China, which have largely pulled back from Russia. AdvertisementAnother bank has turned its back on Russia as lenders grow worried about doing business with Moscow under threat of Western sanctions. The changes come as more lenders grow hesitant about doing deals with Russian clients after the West threatened to impose secondary sanctions on firms doing business in the country. A Russian state media outlet reported that nearly all Chinese banks have stopped processing payments from Russia out of fear of being targeted.

Persons: —, Oversea, hasn't Organizations: Chinese Banking Corp, Bloomberg, Service, Banking Corp, Business Locations: Russia, China, Moscow, Singapore, Russian

It’s not unusual for the Federal Emergency Management Agency to have to respond to rumors surrounding any given natural disaster. This week, President Joe Biden requested a memorandum from his team on the federal government’s digital response, including how officials were remediating misinformation, a senior administration official told CNN. “The contours of this misinformation are unlike anything we’ve seen before,” a senior administration official told CNN. CNN previously reported that there were 30 midair near-collisions involving noncommercial flights in the immediate aftermath of Hurricane Helene on Saturday, September 28. FEMA personnel on the ground receive threatsThe snowballing of false information on the heels of Hurricane Helene has also directly affected those on the ground.

Persons: Hurricane Helene, Elon Musk, Donald Trump, It’s, Joe Biden, Hurricane Milton, Biden, Trump, we’ve, ”, “, Pete Buttigieg, CNN’s John Berman, ” Buttigieg, Musk, Buttigieg, “ We’re, Helene, Chuck Edwards, ” Edwards, Steve Reaves, ” Reaves, Reaves, Sandy, Maria, Alejandro Mayorkas, ” Mayorkas, ” John Cohen Organizations: CNN, Biden, White, Federal Emergency Management Agency, Hurricane, Federal Aviation Administration, FAA, Department of Transportation, Twitter, SpaceX, Trump, FEMA, North Carolina Division of Aviation, Asheville Regional Airport, GOP, Republicans, House Homeland Security, Congress, American Federation of Government Employees, Homeland, Wednesday, DHS Locations: Hurricane, Florida, it’s, North Carolina, Asheville, Rutherford, Western North Carolina, Fort Worth , Texas, Carter County , Tennessee

☆ Ukraine says it struck a Russian ammo depot where North Korean weapons and devastating glide bombs were stored
▼ + stars: | 2024-10-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine said Wednesday it carried out a drone attack on a key Russian ammunition depot overnight. AdvertisementThe Ukrainian armed forces said that it carried out a drone strike on a major Russian ammunition depot overnight. The Russian military is said to have stored missiles and artillery shells, including munitions from North Korea, and highly destructive glide bombs at the targeted arsenal. Business Insider couldn't independently verify the video details or claims about the Ukrainian attack. Hundreds of secondary explosions have been reported at the key Russian ammunition dump, reportedly housing North Korean munitions.

Persons: —, couldn't, GRAU, tI1UUVCKzB, KvJBo2F6nn, Maria Avdeeva Organizations: Service, GRAU Arsenal, Unmanned Systems Forces, Arsenal, Missile and Artillery Directorate Locations: Ukraine, Russia, Russian, Karachev, Russia's, Bryansk, North Korea, Moscow, Kyiv

☆ ISIS and al Qaeda presenting ‘resurgent’ terrorism threat, Britain’s MI5 chief warns
▼ + stars: | 2024-10-08 | by ( Rob Picheta | ) edition.cnn.com time to read: +4 min

McCallum’s speech comes amid a string of Western warnings about the increasing risk of state-sponsored sabotage by nations including Russia and Iran, and as wars in Ukraine and the Middle East rock global security. “We are powerfully alive to the risk that events in the Middle East directly trigger terrorist action in the UK,” he said. And al Qaeda “has sought to capitalise on conflict in the Middle East, calling for violent action.”“After a few years of being pinned well back, they’ve resumed efforts to export terrorism,” he said. The UK has joined allies including the US in loudly publicizing allegations of Russian sabotage since Moscow’s invasion of Ukraine. A third drew up plans to stab people at a music festival and shared terrorist propaganda online,” McCallum said.

Persons: ’, Ken McCallum, McCallum, ” – McCallum, ”, they’ve, ’ McCallum, ” McCallum, “, Christopher Wray Organizations: London CNN — ISIS, ISIS, British, MI5, Europe – Locations: Qaeda, United Kingdom, London, Russia, Iran, Ukraine, Britain, Europe, Salisbury , England, United States, British

Ukraine has asked for both systems repeatedly, another source familiar with their requests said. Cavoli’s list does not address why the US hasn’t provided systems that he assesses would be of value. Nearly three years into the war, the Ukrainians are still pleading with the US to provide more advanced weaponry and lift restrictions on how long-range missile systems provided by the US can be used. Biden, who has to date prohibited the Ukrainians from deploying the missile systems for deep strikes into Russia, was not entirely dismissive of the request, the sources said. Officials also argue that that the US’ limited supply of long-range ATACMS systems are better used against targets in Crimea.

Persons: Biden, Chris Cavoli, Volodymyr Zelensky, Joe Biden, Zelensky, “ Trump, Donald Trump, Vladimir Putin, Putin “, Bill Burns Organizations: CNN, NATO, Biden, Joint, US, White House, Ukraine Defense Contact Group, Pentagon, Kremlin, CIA Locations: Europe, Ukraine, Russia, Ukrainian, Zelensky’s, Germany, Crimea, Sea Island , Georgia

It has a price target of $68, implying more than 1% downside from Friday's close. — Sean Conlon 5:41 a.m.: Jefferies downgrades Apple Oversized expectations for the iPhone could hurt of Apple lower, according to Jefferies. Analyst Edison Lee downgraded the stock to hold from buy, and his price target of $212.92 implies more than 6% downside from Friday's close. His price target of $800, up from $650, implies upside of 11.2% from Friday's close. He kept his $550 price target unchanged, implying downside of more than 23%.

Persons: Piper Sandler, Jefferies, Bernard von, Gizycki, — Sean Conlon, Wells, Ken Gawrelski, Fred Imbert, JPMorgan downgrades Lamb Weston, Lamb Weston, Ken Goldman, Goldman, Edison Lee, Lee, Matt Farrell, Farrell, Kannan Venkateshwar Organizations: CNBC, Netflix, Apple, Alliance, Western Alliance, Deutsche Bank, WAL, Amazon, North America Retail, JPMorgan, U.S, Jefferies, AP, Barclays Locations: Wells Fargo, Europe, Friday's

☆ House GOP chairman demands FEMA accountability for Hurricane Helene after flooding claims more than 200 lives
▼ + stars: | 2024-10-05 | by ( Laura Strickler | Laura Strickler Is A Senior Investigative Producer | Reporter For Nbc News. She Is Based In Washington. | ) www.nbcnews.com time to read: +4 min

The chairman of a House Homeland Security subcommittee is asking the Federal Emergency Management Agency to detail what it did to prepare for Hurricane Helene after it became clear there would be catastrophic flooding. Helene made landfall in Big Bend, Florida, on Sept. 26, causing flooding that devastated North Carolina, Tennessee and other Southern states and claimed more than 200 lives. D’Esposito, R-N.Y., cited a local official from Buncombe County, North Carolina, who claimed that water was requested before the storm started but was delayed, further exacerbating the water shortage in Asheville. Post-landfall, it “surged capacity to where it was needed the most.” She noted that western North Carolina has now been identified as the area that was hardest hit. More than 6,400 federal personnel, including FEMA staff, are deployed in the affected areas.

Persons: Helene, Anthony D’Esposito, Deanne Criswell, ”, Hurricane Helene, Liz Sherwood, Randall, “, Donald Trump, Sen, Thom Tillis, Chuck Edwards, ” Edwards Organizations: House Homeland Security, Federal Emergency Management Agency, Emergency Management, Technology, FEMA, NBC News, North Carolina Republicans, Republican, Management Locations: Big Bend , Florida, North Carolina , Tennessee, Hurricane, Buncombe County , North Carolina, Asheville, Bend , Florida, North Carolina, Buncombe

ASHEVILLE, N.C. — The deluge came furiously — and shockingly fast. Sean Rayford / Getty ImagesA week after Helene ravaged the hills, hollows and river valleys of western North Carolina, recovery and rescue efforts remained ongoing. Tropical Storm Fred made it even worse,” he added, referencing a storm that hit in 2021. But assessing who will need shelter — and for how long — is something “we kind of have to start figuring out,” he said. “We’re going to have to make some decisions here really soon.”Minyvonne Burke reported from Asheville, North Carolina, and Lewis Kamb from Seattle.

Persons: —, James Yulon Ferguson, Ferguson, ”, “, Sean Rayford, Helene, “ We’ve, Mark Pless, “ That’s, ” Vincent Floriani, Ulysse Bellier, Justin Graney, Jeff Brooks, “ It’s, Brooks, Pless, we’ll, they’re, Bryant Morehead, “ Covid, Fred, Morehead, Haywood, Allison Joyce, Devonna Brown, “ We’re, ” Minyvonne Burke, Lewis Kamb Organizations: Republican, Getty, North Carolina Emergency Management, Duke Energy, Homeland Security, Federal Emergency Management Agency, FEMA, NBC News Locations: ASHEVILLE, N.C, Rock, North Carolina, State, Canton, Asheville, Swannanoa, AFP, Buncombe County, Haywood, Haywood County, Asheville , North Carolina, Seattle

☆ GM halts production at two major U.S. plants due to Hurricane Helene
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.nbcnews.com time to read: +2 min

DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts to suppliers as a result of Hurricane Helene. A GM spokeswoman declined to speculate on when the plants were expected to restart production as of Friday morning. A Thursday message to workers in Arlington viewed by CNBC said production at that plant was expected to resume Monday. Hurricane Helene made landfall in Florida late last week and hit the southeastern United States and parts of western North Carolina particularly hard. Jeffrey Morrison, GM vice president of global purchasing and supply chain, on Thursday said the hurricane and the port workers strike were disruptive events for the automaker.

Persons: Hurricane Helene, “, Jeffrey Morrison, dockworkers, Morrison, “ Covid, Jesse Jackson’s, We’ve, ” Morrison Organizations: DETROIT, Motors, Arlington Assembly, Chevrolet, Cadillac, GMC Yukon, CNBC, Coalition, “ Locations: Hurricane, Flint , Michigan, Texas, Arlington, Florida, United States, North Carolina, Detroit

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