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WASHINGTON — A dockworkers strike threatens to harm shipping, manufacturing, pre-holiday retail inventories — and Vice President Kamala Harris' bid for the presidency. They have been at an impasse with the United States Maritime Alliance, or USMX, which represents shipping and port operations companies. As polls show Harris trailing Trump on the question of who is best suited to handle the economy, the work stoppage puts Democrats in a bind. Harold Daggett, center, with picketing workers outside of the APM container terminal at the Port of Newark in New Jersey, on Tuesday. "President Trump promised to support the ILA in its opposition to automated terminals in the U.S.," Daggett said in the statement.

Persons: WASHINGTON, Kamala Harris, Harris, Tim Walz, Donald Trump's, Sen, JD Vance, Ohio, —, Joe Biden, Pete Buttigieg, Julie Su, Lael Brainard, Trump, Harold Daggett, ” Daggett, Biden, Taft, Hartley, They've, Daggett, Joe Biden’s, “, Michael Nagle, ” Trump, Tim Ryan, Vance, didn't, ” Organizations: Longshoreman's Association, Minnesota Gov, United States Maritime Alliance, Trump, ILA, AFL, Teamsters, Fox News, Democratic, USMX, APM, Port, Bloomberg, Getty, Democratic Party, Federal, Senate Locations: Gulf of Mexico, New York, Washington, Taft, U.S, Delaware, Palm Beach , Florida, Queens, Newark, New Jersey, Trump's

Sean “Diddy” Combs is facing dozens of new allegations of sexual assault in a series of civil lawsuits set to be filed. At a press conference held on Tuesday, Texas-based attorney Tony Buzbee said he is representing 120 accusers with allegations against the entertainment mogul that occurred over 20 years. Sean Combs at the 2018 Vanity Fair Oscar Party in Beverly Hills, Calif. John Shearer / Getty Images file“Many powerful people ... many dirty secrets,” the lawyer said of the allegations. Combs’ legal issues have been mounting since his ex-girlfriend, Cassandra “Cassie” Ventura, filed an explosive civil suit against him last year, accusing him of assault and sex trafficking over the course of their relationship. Several months later, surveillance video showing Combs brutally beating Ventura in the hallway of a Los Angeles hotel leaked, and the mogul apologized for his actions.

Persons: Sean “ Diddy ” Combs, Tony Buzbee, “, ” Buzbee, Sean Combs, John Shearer, ”, Buzbee, he’s, Combs, Alexandra Shapiro, Teny Geragos, Marc Agnifilo, Deshaun Watson, Travis Scott, Cassandra “ Cassie ” Ventura, Dawn Richard, Danity Kane Organizations: NBC News, Metropolitan Detention, of, BP, NFL, Ventura Locations: , Texas, Beverly Hills, Calif, New York , California, Georgia, Florida, Brooklyn , New York, Southern, of New York, Gulf of Mexico, Ventura, Los Angeles, New York City

☆ Port strike will push U.S. into a recession if it lasts more than a month: Sea-Intelligence CEO
▼ + stars: | 2024-10-01 | 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 EmailPort strike will push U.S. into a recession if it lasts more than a month: Sea-Intelligence CEOAlan Murphy, Sea-Intelligence founder and CEO, joins 'Squawk Box' to discuss the dockworkers strike that has shut down 36 ports along the East Coast and Gulf of Mexico, potential impact of the strike on the nation's supply chain and economy at large, and more.

Persons: Alan Murphy Organizations: Intelligence Locations: Sea, East Coast, Gulf of Mexico

☆ This is the key group of stocks to watch if the port strike drags on this month
▼ + stars: | 2024-10-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

A look back in history shows how a key group of transportation stocks performed the last time there was a major port strike, according to Wolfe Research. Against that backdrop, Scott Group, a senior analyst covering freight transportation at Wolfe, looked at transportation stocks in 2002, the last time there was a major port strike in the U.S. That strike, which lasted just 11 days and affected only West Coast ports, hurt transportation stocks throughout the protest, he said. But those same stocks staged a major comeback in the month after the strike ended. Here are how some key stocks performed during and after the last major strike. Robinson Worldwide was among the biggest laggards during the last port strike.

Persons: Wolfe, Joe Biden, Taft, Hartley, C.H, Robinson, It's Organizations: Wolfe Research, International Longshoremen's Association, Eastern Seaboard, Scott Group, ISI, Hunt Transport Services, FedEx, Norfolk Locations: North America, of Mexico, Eastern, Wolfe, U.S, West Coast, Norfolk Southern

☆ The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
▼ + stars: | 2024-10-01 | by ( Juliana Kaplan | John L. Dorman | ) www.businessinsider.com time to read: +8 min

But the strike could pose several issues for Vice President Harris in her presidential campaign. AdvertisementThere's a labor storm a-brewing off the East Coast — but don't expect to see President Joe Biden stepping in anytime soon. MATTHEW HATCHER/AFP via Getty ImagesThe strike throws another wrench into the 2024 raceThe strike has the potential to further upend what has already been a dizzying presidential race. Vice President Kamala Harris is now carrying the banner of the Biden administration's pro-union policies as the Democratic presidential nominee. But Harris' union ties are not as deep as those enjoyed by Biden.

Persons: Joe Biden, Harris, —, dockworkers, it's, Biden, Taft, George W, Bush, Hartley, Cathy Creighton, Creighton, Hamilton Nolan, Nolan, USMX, Hurricane Helene, Independent Sen, Bernie Sanders of, Kamala Harris, Donald Trump, MATTHEW HATCHER, Trump, they're Organizations: Service, Gulf Coasts, International Longshoremen's Association, US Maritime Alliance, Workers, Cornell University's Industrial, Labor Relations Buffalo Co, Labor, ILA, —, Independent, Getty, Biden, Democratic, Teamsters, Trump, AFL, United Auto Workers, United Steelworkers, Republicans, Republican Party Locations: East Coast, Gulf of Mexico, East, West Coast, Taft, Hurricane, Bernie Sanders of Vermont, Michigan , Nevada, Pennsylvania

☆ Port strike set to begin tomorrow: Here's what's at stake
▼ + stars: | 2024-09-30 | 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 EmailPort strike set to begin tomorrow: Here's what's at stakeDavid Kiesling, Kenco Group VP of transportation management, joins 'Squawk Box' to discuss the looming labor strike set to hit ports on the U.S. East Coast and Gulf of Mexico tomorrow, the potential disruption to the country's supply chain, and more.

Persons: David Kiesling Organizations: Kenco, U.S . Locations: U.S . East Coast, Gulf of Mexico

☆ Biden says he won't intervene if port workers go on strike
▼ + stars: | 2024-09-29 | by ( ) www.cnbc.com time to read: 1 min

U.S. President Joe Biden gestures as he arrives to Dover Air Force Base in Dover, Delaware, U.S., September 27, 2024. U.S. President Joe Biden said on Sunday he did not intend to intervene to prevent a port strike on the East Coast and Gulf of Mexico if dock workers failed to secure a new contract by an Oct. 1 deadline. "It's collective bargaining. I don't believe in Taft-Hartley," he told reporters. Presidents can intervene in labor disputes that threaten national security or safety by imposing an 80-day cooling-off period under the federal Taft-Hartley Act.

Persons: Joe Biden, Hartley, Taft Organizations: Dover Air Force Base Locations: Dover , Delaware, U.S, East Coast, Gulf of Mexico, Taft

☆ U.S. East Coast port strike set to start Tuesday, union says
▼ + stars: | 2024-09-29 | by ( ) www.cnbc.com time to read: +1 min

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen's Association union said on Sunday, signaling action that could cause delays and snarl supply chains. "United States Maritime Alliance ... refuses to address a half-century of wage subjugation," the union said in a statement. The United States Maritime Alliance, known as USMX, represents employers of the East and Gulf Coast longshore industry. If union members walk off the job at ports stretching from Maine to Texas, it would be the first coast-wide ILA strike since 1977. Presidents can intervene in labor disputes that threaten national security or safety by imposing an 80-day cooling-off period under the federal Taft-Hartley Act.

Persons: Joe Biden, Hartley, Taft Organizations: U.S ., International Longshoremen's Association, United States Maritime Alliance, ILA Locations: U.S . East Coast, Gulf of Mexico, East, Gulf Coast, Maine, Texas, Taft

☆ Travel news: US airport made a ‘confusing’ name change – here’s how it’s going
▼ + stars: | 2024-09-28 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

The name gameIn May, California’s “Metropolitan Oakland International” changed its name to “San Francisco Bay Oakland International Airport” – despite the fact that San Francisco International Airport is just 30 miles (48 kilometers) away. Some travelers have shown up at the wrong airport, according to San Francisco City Attorney David Chiu. Maureen O'Hare/CNNMixing up similar-sounding airport names is just one of the things that can go wrong for travelers. Meanwhile, belonging to a frequent flyer program can give you access to airport lounges or help you score an upgrade. Patricia Mahan and Dan Matarazzo left Arizona for Mexico in 2006.

Persons: Helene, California’s, There’s, David Chiu, “, Mary Richardson, Maureen O'Hare, Patricia Mahan, Dan Matarazzo, Patricia, Dan Fresh, ”, Mahan, “ Kritsa, ” Patricia, Dan, Sofia, Dan New, They've, Tommy Cahill, iStock, ” Mahan, Alexander Spatari, Caesar, Giorgio Franchetti, grouses Organizations: CNN, California’s “ Metropolitan Oakland International, “ San Francisco Bay, International, San Francisco International, San, Oakland, Department of Transportation, CNN Travel, Getty, Cathay Locations: Mexico, San Francisco Bay, California’s “, “ San Francisco, Port, Oakland, San Francisco City, San Francisco, Bucharest, Budapest, Tucson , Arizona, Greece, Kritsa, Agios Nikolaos, Crete, Arizona, North America, Europe, Rome, Cathay Pacific

Floodwaters in the area of Gulfport, Fla., on Thursday, ahead of Hurricane Helene. Helene, a Category 4 hurricane, made landfall near Perry, Fla., some 200 miles north of Tampa. All three storms put wide swaths of the Tampa Bay region underwater, though none more than Helene, which brought storm surge into neighborhoods that had not seen such flooding in decades — or ever. Credit... Nicole Craine for The New York TimesImage Shore Acres, a flood-prone enclave on the edge of Tampa Bay in St. Petersburg. He would soon add another at three feet, to mark the amount of water that had flowed into his shop from Helene.

Persons: Hurricane Helene, Living, Helene, Idalia, Debby, ” Mimi Wills, I’ve, Nicole Craine, ”, Kento Kawakami, Meghan Martin, Hurricane Idalia, Jane Castor of, Ms, Castor, Gina Ryals, The New York Times “ I’m, “, Chris Wilkerson, Michael Childress, Nancy Otto’s, Hurricane, Nancy Cotto, Cotto, Becki Weber, Ian, Anthony Altman Jr, Scott McIntyre, The New York Times “, Mike Cannon, Pete Beach, Michael Morton, Mr, Morton, Chris Grant, Grant, ” Mr, ” Emily Cochrane, Jennifer Reed Organizations: Hurricanes, Hurricane, Fla ., The New York Times, Tampa General Hospital, “, Idalia, The New York, Shore, Fort Myers, ., Vermont Urban, Task Force Locations: Gulfport, Fla, Hurricane, Tampa Bay, Florida, Mexico, Tampa, Perry, South Tampa, Clearwater, Fla . Credit, Asheville, N.C, Florida , Georgia, North Carolina, South Carolina, Virginia, Atlanta, Erwin, Tenn, St . Petersburg, Old Port Tampa, Davis, downtown Tampa, Shore, Jane Castor of Tampa, St, Petersburg, Credit, Pinellas County, Hillsborough County, Fort Myers Beach, Crystal, Helene, Crystal River, Madeira Beach, Vermont, Fort Myers

☆ Dramatic video shows US Coast Guard rescue a man and his dog after their boat started sinking during Hurricane Helene
▼ + stars: | 2024-09-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

New footage shows the US Coast Guard rescuing a man and his dog in the Gulf of Mexico. The man's vessel became disabled and started taking on water during Hurricane Helene. AdvertisementA dramatic new video shows the US Coast Guard rescuing a man and his dog in the Gulf of Mexico on Thursday after their boat started sinking during Hurricane Helene. Kellerman, AirSta Clearwater pic.twitter.com/3ehoIVqlLj — USCGSoutheast (@USCGSoutheast) September 27, 2024It is unclear how long the man and his dog were at sea. AdvertisementIt is not uncommon for the Coast Guard to carry out rescue missions during hurricanes, but each case is treated differently.

Persons: Hurricane Helene, —, Helene, e, m. Organizations: US Coast Guard, Service, Coast Guard, Sikorsky MH, USCG, Southwest Florida International, EMS Locations: Gulf of Mexico, Hurricane

Helene was forecast Wednesday evening to become a dangerous Category 4 hurricane before it makes landfall in Florida's Big Bend area Thursday night. This is the biggest storm in the history of the city of Tallahassee to hit us head-on,” Mayor John Dailey told NBC News on Wednesday evening. “If the city of Tallahassee is hit directly by a Category 3 hurricane, it’ll be the strongest hurricane in recorded history ever to hit our community. Tallahassee State College professor Pamela Andrews helps prepare for possible flooding as Hurricane Helene heads toward the Florida Gulf Coast in Tallahassee on Wednesday. Three major colleges, Florida State University, Florida A&M University and Tallahassee State College, have canceled classes for the rest of the week.

Persons: Helene, John Dailey, “, Leslie Powell, “ I’m, ”, Powell, “ I’ve, ” Dailey, Dailey, Pamela Andrews, Sean Rayford, Leroy Peck, Peck, Daniella Silva, Major Thornton III, “ You’ve, ” Major Thornton III, Ahmiyah Phillips, Hurricane Michael, Latoya Williams, can’t, I’ve Organizations: ”, NBC News, National Hurricane Center, Tallahassee State, Florida Gulf, NBC, ., . Tallahassee International, Florida State University, Florida, M University, Tallahassee State College Locations: TALLAHASSEE, Fla, —, Florida’s, Tallahassee, Florida's Big Bend, Florida, Quincy, Gadsden County, Mexico, United States, . Tallahassee

A new Senate report details what went wrong before the assassination attempt against Donald Trump in July. More adults than thought may have an iron deficiency. → After a sniper with local law enforcement texted a Secret Service leader about the man who would soon fire shots at Trump, it took seven minutes for the Secret Service leader to send an email relaying the information and photos. It’s unclear how long it then took other members of the Secret Service to read the email. More coverage of Donald Trump:The Senate unanimously passed legislation to boost Secret Service protection for presidential candidates.

Persons: Donald Trump, Trump, Abbott, Costello, Who’s, ”, Democratic Sen, Richard Blumenthal, ” Blumenthal, Ryan Routh, Helene, Ron DeSantis, “, Leo Buckley, Kamala Harris, Sen, JD Vance, Harris, Chuck Todd, Elise Stefanik, ” Israel, Brett Favre’s, Emmanuel Littlejohn, Kenneth Meers, he’s, Sean “ Diddy ” Combs, Eunice Yoon, — Jennifer Jett, Elizabeth Robinson Organizations: Senate Homeland Security Committee, Investigations, Secret Service, Democratic, Service, Trump, Top U.S, Florida Gov, NBC, Republican, GOP, NBC News, The Justice Department, Visa, of Fame, U.S . Forest Service, CNBC, White Locations: U.S, Butler , Pennsylvania, Trump’s Florida, Iran, Florida, Mexico, Bend, Pittsburgh, Haitian, Springfield , Ohio, Lebanon, Tel Aviv, Oklahoma, drugging, Shenzhen, China, Asia

☆ Tropical Storm Helene: Thousands forced to evacuate in Florida as hurricane warnings issued
▼ + stars: | 2024-09-25 | by ( Taylor Ward | Dalia Faheid | ) edition.cnn.com time to read: +12 min

CNN —Thousands of Florida residents have been forced to evacuate as the state prepares for rapidly strengthening Tropical Storm Helene, which could bring powerful winds, flooding and life-threatening storm surge to areas already hard-hit by recent hurricanes. The Big Bend area faces the most serious storm surge: up to 15 feet of it is possible. Over in Sanibel, one couple who met during Hurricane Ian in 2022 and nearly lost everything are now going to weather Tropical Storm Helene together, CNN affiliate WINK reported. Large clouds move over Havana due to the proximity of the tropical storm Helene, on September 24. Officials in neighboring Pinellas County warned hundreds of homes would likely flood with a higher storm surge than in past destructive storms.

Persons: Helene, Debby, Idalia, Ian Just, ” Howard Rabe, “ We’ve, we’ve, ”, Rabe, Ian, Michele Vikartofsky, Larry Leventhal, ” Vikartofsky, “, it’s, “ Ian, Vikartofsky, WINK, Hurricane Debby, Ron Booher, Hurricane Michael, ” Lynn Marshall, Yamil Lage, Ron DeSantis, DeSantis, Cathie Perkins, Kenneth Welch, ” Welch, Brian Kemp, ” Kemp, James Stallings, Herman, Connell Crooms, Corey Perrine, it’ll, It’s Organizations: CNN, Hurricane, National Hurricane Center, Tampa General Hospital, WFTS, WINK, WFTV, WJHG, Getty Images, Gov, Florida National Guard, Florida State Guard, –, Georgia Gov, Georgia Emergency Management, Homeland Security, Woerner, Florida Times, USA, Florida, National Weather Service, Carolinas, Weather, Florida Panhandle Locations: Florida, Bend, United States, Gulf of Mexico, Tampa, Florida’s Gulf, Anclote, Mexico Beach, Cabo Catoche, Citrus, Hillsborough, Charlotte, Gulf , Manatee, Pinellas, Taylor County, Tallahassee, Franklin, Wakulla, Port Richey, Sanibel, Manatee County, Gulf County, Havana, AFP, Getty Images Florida, Georgia, Pinellas County, Idalia, St . Petersburg , Florida, Hillsborough , Pinellas, Sarasota, Jacksonville , Florida, Tampa Bay, Florida , Georgia, Alabama, Tennessee, Carolinas, Virginia, Gulf, Helene

☆ Map: Track Tropical Storm Helene’s path, forecast and hurricane status
▼ + stars: | 2024-09-24 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Hurricane warnings were issued Tuesday for a wide stretch of Florida’s Gulf Coast ahead of Tropical Storm Helene’s anticipated landfall as a major hurricane later this week, forecasters said. Officials in Mexico also issued hurricane warnings for a large section of the Yucatan Peninsula, stretching from the tourist hotspot of Tulum to Cabo Catoche, on the peninsula’s northern tip, the National Hurricane Center said in an afternoon advisory. The storm is expected to strengthen into a hurricane on Wednesday as it moves across the eastern Gulf of Mexico before becoming a major storm Thursday, according to the advisory. Helene's storm surge is expected to raise water levels in Tampa Bay by as much as 8 feet. Helene's large size will likely mean the storm's hazards will hit an extensive area, the advisory says.

Persons: Helene’s Organizations: Officials, National Hurricane Center Locations: Gulf Coast, Mexico, Yucatan, Cabo Catoche, Florida, Mexico Beach, Pensacola, Tampa, Tampa Bay, United States

A hurricane watch and warnings of storm surges up to 15 feet high were issued Tuesday for almost all of Florida's western coastline as a potential tropical storm moves across the Caribbean Sea and towards the Gulf Coast. The hurricane watch extends from Indian Pass in north-west Florida near Panama City, down to Englewood, and includes Tampa Bay. Hurricane and tropical storm watches are now in effect for the entire western coast of the Sunshine State. A hurricane watch means that hurricane conditions are possible, and is typically issued 48 hours before the anticipated onslaught of tropical-storm-force winds and conditions. Outside of the U.S., a hurricane watch is also in effect for parts of eastern Mexico from Cabo Catoche to Tulum and Pinar del Río in Cuba.

Persons: Helene, Ron DeSantis, DeSantis, Floridians, Beryl, Debby, Francine Organizations: Grand Cayman, National Hurricane Center, NHC, Sunshine State, Lower, Florida Gov, Federal Emergency Management Agency, National Guard, Florida State Guard, Atmospheric Administration, Climate Central, Northern, Florida Climate Center Locations: Gulf Coast, Florida, Panama City, Englewood, Tampa, Grand, Mexico, Flamingo, Walton, Bay, Bonita Beach, Lower Florida Keys, U.S, Cabo Catoche, Tulum, Pinar del Río, Cuba, Cayman Islands, Tallahassee, Gulfport, Henrico County, Bend, Caribbean, Northern Caribbean, Eastern Gulf of Mexico, Texas, Florida’s Big Bend, South Carolina, Louisiana

☆ Florida braces for potential heavy-hitting hurricane threatening damaging winds and storm surge
▼ + stars: | 2024-09-24 | by ( Susannah Cullinane | ) edition.cnn.com time to read: +5 min

With little time to prepare, Tampa General Hospital began erecting a 10-foot-high flood barrier around the facility Monday because of the chance for storm surge and shifts in the storm’s track. A tropical storm watch was raised Monday afternoon for Florida’s Dry Tortugas and part of the Keys and Monday evening for Bonita Beach to Flamingo, where a storm surge watch is also in effect. Strong, potentially damaging winds and storm surge are likely near where the system ultimately comes ashore. Hurricane and tropical storm watches are already in effect for parts of Mexico and Cuba. The “storm surge, wind, and rainfall impacts will extend well away from the center, particularly to the east of the system.

Persons: Helene, Ron DeSantis, –, Idalia, Mary Gilbert Organizations: CNN, United States ’, National Hurricane Center, Nine . Florida Gov, Tampa General Hospital, NHC, National Hurricane, Carolinas, Weather, Tennessee Locations: Florida, United, Caribbean, Tampa, Bend, Gulf, Mexico, Bonita Beach, Flamingo, Florida’s Big Bend, Louisiana, Central America, Cuba, Jamaica, United States, Florida , Georgia, Alabama, Georgia, Southern

☆ Oil prices rise on concerns of wider Middle East conflict, U.S. storm
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.S., the world's biggest crude producer, later this week. Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.S., the world's biggest crude producer, later this week. Brent crude futures for November were up 21 cents, or 0.3%, at $74.11 a barrel at 0030 GMT. "The oil market has been concerned that rising tensions in the region were dragging the OPEC oil producer closer to engagement," said ANZ bank said in a note, referring to Iran. U.S. oil producers were evacuating staff from Gulf of Mexico oil production platforms as forecasters predicted the second major hurricane in two weeks could tear through offshore oil producing fields.

Organizations: Brent, Hezbollah, ANZ, U.S, National Hurricane Center Locations: Israel, U.S, Lebanon, Iranian, Hamas, Gaza, Iran, Gulf Coast, Gulf, Mexico, Cuba

A disturbance in the Caribbean Sea is expected to strengthen into a hurricane that will take aim at Florida midweek. A turn toward the northwest is expected Tuesday followed by an acceleration in speed toward the northeast on Wednesday and Thursday, the hurricane center said. A tropical storm is defined as having winds of 39 mph or higher, and a hurricane of 74 mph or higher, according to the National Weather Service. A hurricane watch has been issued for Cabo Catoche in Tulum and for Pinar del Río. A tropical storm warning is in effect in Rio Lagartos in Tulum and Cuba's Artemisa, Pinar del Río and the Isle of Youth, or Isla de la Juventud.

Persons: Helene, it's, Ron DeSantis, Cuba's Artemisa Organizations: Grand Cayman, National Hurricane Center, National Weather Service, Florida Gov, Cabo Catoche, Pinar del, la Juventud Locations: Caribbean, Florida, Grand, Mexico, Cuba, Cayman Islands, U.S, Pinar del Río, In Florida, Tallahassee, Gulfport, Tulum, Rio Lagartos, Pinar, Isle

☆ Storm That Could Threaten Gulf Coast Takes Shape in the Caribbean
▼ + stars: | 2024-09-23 | by ( Judson Jones | More About Judson Jones | ) www.nytimes.com time to read: +1 min

The next storm that could threaten the United States was beginning to take shape Monday afternoon among a swirl of thunderstorms off the shores of Honduras in the western Caribbean Sea, with forecasters saying there is a strong likelihood that it becomes Helene, the next name in the 2024 Atlantic hurricane season storm list. Many of the forecast models that meteorologists use show the storm strengthening rapidly over the next few days before hitting somewhere along the central to eastern Gulf of Mexico coastline Thursday. This storm follows Francine, which spun across the western Gulf of Mexico this month. That storm struggled to organize and only slowly intensified into a weak Category 2 in the final few hours before making landfall in Louisiana and dropping a deluge of rainfall across New Orleans. If this storm system forms more quickly into a named storm across the Caribbean, it is more likely to become a hurricane or even a major hurricane in the Gulf of Mexico before it hits land.

Persons: Helene, Francine Organizations: National Hurricane Center, Nine Locations: United States, Honduras, Gulf of Mexico, Gulf, Mexico, Louisiana, New Orleans

☆ Cards Against Humanity sues Elon Musk's SpaceX for allegedly trespassing on Texas land
▼ + stars: | 2024-09-20 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

The maker of the party game Cards Against Humanity has sued Elon Musk’s SpaceX accusing it of trespassing on and damaging company-owned property in Texas. The dispute involves a plot of vacant land near Brownsville, Texas, far from the Cards Against Humanity corporate headquarters in Chicago. No wall was ever built on the property, where the company keeps a “No Trespassing” sign, according to the company. Cards Against Humanity said it bought the land after 150,000 people each paid $15 toward a crowdfunding effort. Cards Against Humanity complained to SpaceX about the alleged trespassing and damage, according to a website the game maker set up devoted to the lawsuit.

Persons: Elon, Donald Trump, CAH, “ Organizations: Humanity, SpaceX, crowdfunding, Tesla, Reuters, CNBC Locations: Texas, Brownsville , Texas, Chicago, U.S, Mexico, Starbase, Rio Grande, of Mexico

Days after returning to Earth, the four civilian crew members of the Polaris Dawn mission opened up about their experience seeing the planet from orbit, floating in weightlessness and conducting the world’s first all-civilian spacewalk. “The perfection of what you’re looking at is just awe-inspiring,” Poteet said, recalling the views of sunrises and sunsets out the window of their SpaceX Crew Dragon capsule. The crew spent two-and-a-half years training for the Polaris Dawn mission, which included choreographing and rehearsing each step of the spacewalk. (The crew members also raised money for St. Jude Children’s Research Hospital during their time in orbit.) He said the larger goal for both SpaceX and the Polaris program is to eventually make humans a multiplanetary species.

Persons: NBC’s Lester Holt, Jared Isaacman, Scott “ Kidd ” Poteet, Sarah Gillis, Anna Menon —, ” Poteet, Lester Holt, Isaacman, ” Isaacman, “, Gillis, “ It’s, ”, Poteet, Menon, choreographing, Jude Children’s, Van Allen Organizations: Polaris, NBC, Air Force, SpaceX, St, Jude Children’s Research Hospital Locations: Gulf of Mexico, Florida

☆ Oil extends gains on U.S. output concerns, expected drop in stockpiles
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +1 min

Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. The market is keeping a close watch on the upcoming decision by the U.S. Federal Reserve on the interest rate cut. A lower interest rate will reduce the cost of borrowing and can potentially lift oil demand by supporting economic growth. "Growing expectations of an aggressive rate cut boosted sentiment across the commodities complex," said ANZ analysts in a note, adding that ongoing supply disruptions also supported oil markets. China's oil refinery output fell for a fifth month in August amid declining fuel demand and weak export margins, government data showed on Saturday.

Persons: Hurricane Francine Organizations: Brent, Federal, U.S . Bureau of Safety, U.S . Federal Reserve, ANZ, Investors Locations: U.S . Gulf, Mexico, U.S, China

☆ U.S. crude oil trades above $70 per barrel as Gulf of Mexico production recovers
▼ + stars: | 2024-09-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

U.S. crude oil traded above $70 per barrel on Tuesday, as production in the Gulf of Mexico is still in recovery mode after Hurricane Francine. More than 200,000 barrels per day remained offline in the Gulf as of Monday, according to Bureau of Safety and Environmental Enforcement. Production from undamaged facilities will be brought back online immediately after checks have been completed, according to the agency. The central bank is widely expected to lower rates, though Wall Street is divided on the magnitude of the cut. U.S. crude oil is down more than 13% this quarter while Brent has fallen nearly 16% as demand slows in China, the world's largest crude importer, and OPEC+ plans to increase production in December.

Persons: Francine, Brent Organizations: of Safety, Environmental Enforcement, Federal Reserve Locations: Gulf, Mexico, China, OPEC

☆ Oil prices inch up on Fed rate cut outlook
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged up in early trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by U.S. supply resumptions following Hurricane Francine and weaker China data. Brent crude futures for November were up 15 cents, or 0.2% at $71.76 a barrel at 0015 GMT. U.S. crude futures for October were up 23 cents, or 0.3%, at $68.88 a barrel. Still, nearly a fifth of crude oil production and 28% of natural gas output in the Gulf of Mexico remain offline in the hurricane's aftermath. A key factor that will dominate the market this week is how aggressive a rate cut the U.S. Federal Reserve will deliver following its Sept. 17-18 meeting.

Persons: Francine, Donald Trump, Benjamin Netanyahu, Israel Organizations: Brent, U.S . Federal, FedWatch, ANZ, Republican Locations: Tatarstan, Russia, U.S, China, Mexico, Gulf, Florida, Iran, Israel

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