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☆ Florida woman used Roblox to instruct 10-year-old to kill infant by dropping him on floor, officials say
▼ + stars: | 2024-10-22 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

An arrest report alleged that Sykes communicated with her 10-year-old daughter on the online gaming platform Roblox and instructed the girl "on various methods to kill the infant." "Sykes instructed the 10-year-old to drown the infant in the bathtub, burn the infant with scalding water, and drop the infant on the floor to kill the infant," the sheriff's office said. On Thursday, the sheriff's office was contacted by Gulf Coast Kids House about a 2-month-old infant who had suffered serious injuries after being dropped on the kitchen floor by the 10-year-old. Morgan Lewis, a spokesperson with the sheriff’s office, said the 2-month-old is expected to survive. The sheriff's office spokesperson said they do not foresee the 10-year-old being charged.

Persons: Tara Alexis Sykes, Sykes, Morgan Lewis, Chip W, Simmons Organizations: Escambia County Sheriff’s, Gulf Coast Kids House, Gulf Coast Kids Locations: Florida, Escambia County

☆ Washington’s Arab allies engage with Iran as US efforts to stem Middle East violence falter
▼ + stars: | 2024-10-22 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Abu Dhabi, UAE CNN —Growing unease over the United States’ inability to de-escalate tensions in the Middle East is prompting some of Washington’s closest Arab allies to significantly increase engagement with its primary regional adversary: Iran. Arab nations that had spent decades brawling with Iran for regional influence are now opting to engage with it again. Despite seeing an opportunity to weaken Iran’s regional influence, Arab nations are now signaling neutrality. “The Gulf (Arab) monarchies’ priority is not to be directly involved in a proper regional conflagration. Still, regional states rely heavily on their military relationship with the US.

Persons: State Anthony Blinken, Yahya Sinwar, Israel, Blinken’s, Hassan Nasrallah, Ismail Haniyeh, Prince Mohamed bin Salman, Ayatollah Ali Khamenei, Hitler, ”, Abbas Araghchi, Jordan’s King Abdullah II, Abdel Fattah Al, ” Araghchi, Crown Prince Sabah, Cinzia Bianco, ” Kuwaiti Crown Prince Sheikh, ” Kuwaiti Crown Prince Sheikh Sabah Khaled Al, Hamad Al, ” Hasan Alhasan, Biden, Benjamin Netanyahu, “, ” Anwar Gargash, Joe Biden’s, Abu, ” Bianco, Jake Sullivan Organizations: UAE CNN, State, Saudi Arabia’s, Iranian, Saudi, Bahraini, Crown, CNN, European Council, Foreign Relations, ” Kuwaiti Crown, Kuwait News Agency, Reuters, Middle, International Institute for Strategic Studies, Israeli, United Arab Emirates, US, US National, Atlantic Festival Locations: Abu Dhabi, UAE, United States, Washington’s, Iran, Republic, Israel, Gaza, Lebanon, Tehran, Riyadh, Tehran’s, Amman, Egypt, Abdel Fattah Al Sisi, Cairo, Doha, Muscat, Manama, Crown Prince, Crown Prince Sabah Al, Sabah, Kuwait City, Islamic Republic, ” Kuwaiti Crown Prince Sheikh Sabah, Bahrain, Saudi Arabia, Saudi, Washington, Yemen, China, Washington ,

☆ AI and robots take center stage at ‘world’s largest tech event’
▼ + stars: | 2024-10-21 | by ( Yara Enany | ) edition.cnn.com time to read: +3 min

CNN —A year after Collins Dictionary named “AI” its word of the year, the buzz around artificial intelligence is only getting louder. AI and robotics were the big themes at Gitex Global, which bills itself as the world’s largest tech event and ran Monday to Friday last week at Dubai’s World Trade Centre. “I think what (was) very exciting this year (was) the focus on AI and deep tech,” said Trixie LohMirmand, executive vice president of Dubai World Trade Centre and CEO at KAOUN International, which organizes the event. Several companies launched new products at this year’s show, including Dubai-based deep tech company Xpanceo, which debuted the new prototypes of its smart contact lenses. A prototype of an Xpanceo contact lens at Dubai's Gitex.

Persons: ”, Trixie LohMirmand, Patrick Dennis, hasn’t, Gitex, “ Organizations: CNN, Collins, Trade, Dubai World Trade Centre, KAOUN, Avaya, Gulf Computer, United Arab Locations: Dubai, United Arab Emirates, Germany, Singapore, Morocco, South Korea, Nigeria

☆ US Navy aviators killed in stateside Growler fighter jet crash flew combat strike missions off a carrier in the Red Sea fight
▼ + stars: | 2024-10-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Two US Navy aviators were killed last week when their fighter jet crashed during a training flight. The Navy on Monday identified the two aviators as Lt. Cmdr. Evans and Wileman had recently returned from flying combat missions against the Houthis. AdvertisementThe two US Navy aviators who were killed in a fighter jet crash in the United States last week had recently returned from flying combat missions against the Houthis. AdvertisementAnd Wileman was awarded three Strike Flight Air Medals for her role in combat missions between December and April.

Persons: Cmdr, Lyndsay Evans, Serena Wileman, Evans, Wileman, —, Dwight D, Eisenhower, Lyndsay, Miley, Serena, Ike, Houthi aggressions Organizations: US Navy, Navy, Service, US, EA, Navy's Carrier Strike, Electronic, Boeing, Eisenhower, . US Navy, Coalition Locations: United States, Washington's Mount Rainier, Yemen, Houthi, Arabian, Iran

☆ Tentative deal announced to end Boeing strike
▼ + stars: | 2024-10-19 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —A tentative deal has been reached to end the five-week-long strike at troubled aircraft maker Boeing, the union announced to its 33,000 striking members early Saturday. Rank-and-file already nearly unanimously rejected a previous tentative agreement, precipitating the first strike at the company in 16 years. Many union members had expressed anger over the loss of the pensions. The union credited Acting Labor Secretary Julie Su with brokering the deal in indirect talks between the union and management. A week after that deal was rejected, Boeing improved its offer to 30% in wage increases over the four-year deal, terming that its best and final offer.

Persons: Kelly Ortberg, Julie Su, Su, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, International Longshoremen’s Association, Gulf, Airbus, Alaska Airlines, Federal Aviation Administration Locations: New York

☆ Russia weighs fighter jet and missile deals that would expand Iran's military power
▼ + stars: | 2024-10-19 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

Advanced air defenses and anti-ship cruise missiles may also be on the table. Iran has ordered Su-35 fighters and also wants S-400 Triumf air defenses to, among other things, face Israel's superior missiles and air force. If all these deals do go forward, they would enhance the military capabilities of Iran and its allied militias. While the type of equipment was not specified, it could be the S-400 Iran has long sought. Iran is seeking Russia's S-400 air defenses.

Persons: —, Su, Justin Bronk, Bronk, Anton Mardasov, hasn't, Mardasov, parry, Israel, Vladimir Putin Organizations: Service, Iran, Technology, Military Sciences, United Kingdom's Royal United Services Institute, The New York Times, Russian Defense Ministry, Anadolu Agency, Getty, Moscow, Iran's Locations: Russia, Iran, Israel, Ukraine, Tehran, East, Syria, Moscow, Saudi Arabia, United States, Russian, Kyiv, Panamanian, Lebanon

U.S. B-2 bombers and other aircraft struck five underground Houthi weapons storage locations in parts of Yemen that the Iranian-backed rebel group controls, Secretary of Defense Lloyd Austin said. The strikes targetedThe strikes targeted weapons that are used to target civilian vessels in the Red Sea and the Gulf of Aden, the defense official said. An annual $1 trillion flow of goods goes through the Red Sea. Some shippers responded to the attacks late last year by suspending service in the Red Sea. The U.S. first launched airstrikes against Houthi weapons in January in response to the Houthi attacks against commercial shipping.

Persons: Defense Lloyd Austin, Irani Organizations: Defense, U.S, NBC News, Hamas, The U.S . Locations: Yemen, Aden, Gaza, Red, The

☆ The manufacturer of Nvidia, AMD chips soothes concerns that rocked the industry Tuesday
▼ + stars: | 2024-10-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

To be sure, a Bloomberg report earlier Tuesday that the U.S. government was considering a cap on AI chip exports to certain Persian Gulf nations may also have dampened industry sentiment. Investors are sensitive to any updates on AI chip demand, given the dramatic rise in the stocks of Nvidia, AMD, Broadcom and others over the past two years. Bottom line Artificial intelligence is alive and well, according to TSMC, which has emerged as the most valuable window into AI demand other than Nvidia itself. With Big Tech earnings in the coming weeks, it's particularly nice to see the AI chip trade stabilize after the ASML debacle. Jim said Thursday that AMD, which has way underperformed Nvidia, Broadcom and the broader market, is "still a bargain."

Persons: Wei, It's, Jensen Huang, TSMC, Jim, we're, Jim Cramer's, Jim Cramer Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Devices, Broadcom, CNBC, Nvidia's, iShares Semiconductor, AMD, Bloomberg, Big Tech, Apple, Club, Getty Locations: U.S, Hsinchu, Taiwan

☆ US says B-2 stealth bombers struck hidden Houthi weapons, sending a message to foes that nothing is out of reach
▼ + stars: | 2024-10-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

The strikes targeted Houthi weapons storage facilities, according to the Pentagon. US B-2 bombers were part of the operation, marking their first known involvement in the Houthi conflict. AdvertisementThe US military hit Houthi targets in Yemen with multiple "precision strikes," the Pentagon announced late Wednesday evening. The strikes on Wednesday — early Thursday local time — mark the latest US bombardment of Houthi targets in Yemen. American forces targeted the rebels earlier this month.

Persons: —, Defense Lloyd Austin, Austin Organizations: Pentagon, Service, Defense, Navy, US Air Force, of Defense, US Central Command, US Locations: Yemen, Iran, United States, Gulf of Aden, Israel

☆ Hurricane Milton’s losses of up to $34 billion could make it one of the costliest storms in US history
▼ + stars: | 2024-10-17 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Losses from Hurricane Milton could reach as high as $34 billion, according to an early estimate of both flood and wind damage from research firm CoreLogic, with between $4 billion to $6 billion of those losses being uninsured flood damage. Most insured flood damage is covered by the National Flood Insurance Program (NFIP), run by the Federal Emergency Management Agency. Homeowners who live in areas at high risk of flooding are often required by their mortgage lender to have flood insurance. The Milton losses will likely total far below CoreLogic’s estimated losses of up to $47.5 billion from Hurricane Helene, which came only two weeks before Milton. The lower end of the insured losses estimate from CoreLogic would be $17 billion, with $13 billion of wind damage covered by homeowners and business insurance , and $4 billion of insured flood losses.

Persons: Hurricane Milton, ”, Daniel Betten, Milton, “, Tom Larsen, Hurricane Helene, Ike, Helene Organizations: New, New York CNN, tornados, National Flood Insurance, Federal Emergency Management Agency, Homeowners, Hurricane, Insurance Information Institute, Florida Gulf, Citizens Property Insurance Corp Locations: New York, Hurricane Milton, Florida, United States, Sarasota, Tampa, CoreLogic, Hurricane, Florida Gulf Coast

☆ A US airstrike in the Middle East is meant to remind Iran that nothing is out of reach
▼ + stars: | 2024-10-17 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

It used B-2 stealth bombers to target the underground sites. AdvertisementThe US on Wednesday targeted underground Houthi militia weapons stores in Yemen using long-range B-2 stealth bombers, damaging the group's capacity to attack international shipping lanes. AdvertisementIsrael is still mulling how to respond to Iran's attack, with some, including former Prime Minister Naftali Bennet, advocating for strikes on nuclear sites. The Washington Post on Monday reported that Israel's Prime Minister Benjamin Netanyahu told US President Joe Biden Israel wouldn't target Iran's oil or nuclear facilities. On Thursday, Brent crude futures were down 4 cents to $74.18 as investors waited to hear about developments in the Middle East.

Persons: —, Lloyd Austin, Austin, Naftali Bennet, Austin's, they'll, Benjamin Netanyahu, Joe Biden Israel, Brent Organizations: US, Service, US Air Force, Hamas, Israel, Washington Post, Israel's, Brent Locations: Yemen, Iran, United States, Israel, Gaza, Red, Gulf

☆ The B-2 stealth bomber used to hit the Houthis was built to strike the toughest targets
▼ + stars: | 2024-10-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

The Pentagon disclosed that B-2 stealth bombers were involved in the operation. AdvertisementThe US military carried out a series of airstrikes against the Iran-backed Houthi rebels in Yemen on Wednesday, using B-2 stealth bombers to hit targets underground. The US bases the heavy strategic bombers at Whiteman Air Force Base in Missouri. AdvertisementBefore the emergence of the new B-21 Raider, the B-2 was, for decades, the only stealth bomber. The Air Force describes the MOP as a heavy munition that can accomplish "difficult" and "complicated" missions of reaching enemy weapons stored in well-protected sites.

Persons: —, Defense Lloyd Austin, Austin, Vincent De Groot, Northrop Grumman, Matthew S, Domingos Mark Gunzinger, Samantha White Organizations: Pentagon, Service, Defense, Navy, US Air Force, US Air National Guard, The Air Force, Northrop, Whiteman Air Force Base, Raider, Air Force, Islamic, U.S . Air Force, Mitchell Institute for Aerospace Studies, Boeing, Air Locations: Yemen, Iran, Gulf of Aden, United States, Missouri, Soviet, Australia

The UAE has shown it can “guarantee the safety and the security” of chips “if and when they are being deployed and used here,” Peng Xiao, CEO of UAE AI firm G42, told CNBC at a conference in Dubai on Tuesday. “I cannot read the mind of the U.S. policymakers, but in many ways, I understand their position,” Xiao told CNBC. “At the same time from our side, we've shown from the UAE side how transparent we are and how we can guarantee the safety and the security of this technology,” he added. The United States has previously warned over G42's ties to China and its work with companies in Beijing, which Washington considers a possible security threat. In February, the group sold its stake in Chinese companies including Bytedance in a bid to reassure American partners.

Persons: ” Peng Xiao, Joe Biden, “, ” Xiao, Kiril Evtimov, Evtimov Organizations: United, United Arab Emirates ’, CNBC, Nvidia, AMD, Bloomberg, “, Washington, Bytedance Locations: United Arab, U.S, Washington, UAE, Dubai, China, United States, Beijing

CNN —The US carried out a round of strikes in Yemen against the Iran-backed Houthis on Wednesday evening, according to three US defense officials, targeting weapons storage facilities, including underground facilities. The strikes were carried out by B-2 Spirit bombers, according to one of the officials, marking the first time the US has used the strategic stealth bomber to attack the Houthis in Yemen since the beginning of the US campaign. Over the past year, the US has repeatedly struck or intercepted Houthi drones and missiles in an effort to protect ships and degrade the Houthi arsenal. In September, the Houthis claimed to have launched approximately two dozen ballistic and cruise missiles and drones against three US destroyers. The Israeli military said on the latter attack, Israel had intercepted a surface-to-air missile fired from Yemen toward central Israel.

Persons: Sabrina Singh, “, ” Singh, ”, ” CENTCOM, Benjamin Netanyahu, Israel Organizations: CNN, US, Pentagon, Israel Defense Forces Locations: Yemen, Iran, Aden, Israel, Lebanon, Hamas, Gaza

☆ Saudi Arabia’s coveted Masters 1000 tennis tournament has stalled as Six Kings arrives in Riyadh
▼ + stars: | 2024-10-16 | by ( Matthew Futterman | ) www.nytimes.com time to read: +11 min

After years of pushing, everything looks ready for Saudi Arabia’s billion-dollar move to become a major force in tennis to take off — with one major hitch. The Ministry of Sport of Saudi Arabia, the Saudi Tennis Federation (STF) and the WTA Tour then announced a three-year deal to host the tour finals. These moves raised Saudi Arabia’s tennis profile, but its potential new tournament at the start of the season was seen as the most important of its tennis investments — and its most divisive. It would cement Saudi Arabia’s place at the center of the sport, bringing with it an extensively criticized human rights record. Saudi Arabia’s moves into tennis have roiled the organisations behind the Grand Slam tournaments.

Persons: Carlos Alcaraz, Rafael Nadal, Daniil Medvedev, Holger Rune, —, Novak Djokovic, Turki Alalshikh, Rome —, ”, Nadal, Sinclair, Chris Evert, Martina Navratilova, “, Jamal Khashoggi, Henry Nicholls, Iga Swiatek, Adam Pretty Organizations: St, Saudi Arabia’s General Entertainment Authority, WTA, Saudi, ATP, Public Investment Fund, SURJ Sports Investment, U.S ., ”, Sport, Saudi Tennis Federation, WTA Tour, Sinclair, Tennis, Rights Watch, Athletic, Wimbledon, Getty, Australia, Tennis Australia, Laver Locations: Hotel, Riyadh, Saudi, Jeddah, Saudi Arabia, U.S, Indian Wells, Madrid, Rome, provisionality, PIF, Istanbul, Turkey, Australia, New Zealand

At least 92 people are still unaccounted for in North Carolina as first responders still sort through the aftermath of Hurricane Helene, weeks after the storm devastated the western part of the state. Mario Tama / Getty ImagesThere have been at least 118 deaths in North Carolina related to the Hurricane Helene, accounting for nearly half of the 243 killed by the storm across multiple states. FEMA Administrator Deanne Criswell echoed Cooper's call to stop the spread of misinformation regarding the agency and the response to recent natural disasters. "And frankly, it's heartbreaking to see words or active acts of hatred toward anyone, let alone federal responders who are here to help people in this critical time," Criswell said. "We have over 2,000 people from the federal family in North Carolina, and misinformation will not deter us from our mission of helping people.

Persons: Hurricane Helene, Roy Cooper, Cooper, Mario Tama, Helene, Deanne Criswell, Criswell Organizations: . North Carolina Gov, National Guard, Federal Emergency Management Agency, Department of Public Safety, FEMA Locations: North Carolina, Hurricane, ., Bat Cave, N.C

☆ Don't own the AI chip leaders? Jim Cramer says this might be your chance to act
▼ + stars: | 2024-10-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "This is a very cheap stock versus Nvidia" Jim Cramer said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, Johnson, Goldman Sachs, Jim Cramer's Organizations: CNBC, Nvidia, Devices, Bloomberg, AMD, Texas, Coterra Energy, Analysts, YouTube, Federal, Dow, Johnson, Bank of America, Walgreens Locations: Persian, Israel, U.S

☆ Asia-Pacific markets open higher after key Wall Street benchmarks hit record highs
▼ + stars: | 2024-10-15 | by ( Dylan Butts | ) www.cnbc.com time to read: 1 min

The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond. Asia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500 Nasdaq Composite reach new record highs. Investors assessed trade data out of South Korea, which showed a trade surplus of $6.7 billion in September, up from $3.7 billion in the previous month. South Korea's Kospi opened 0.05% higher, while the small-cap Kosdaq was up 0.4%.

Persons: Australia's Organizations: Dow Jones Industrial, Nasdaq, Kospi, Nikkei Locations: Busan, South Korea, Japan, China, Persian Gulf, Asia, Pacific

☆ Hot chip stocks suffer a tough one-two punch, but there are winners in Tuesday's down market
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Biden, ASML, Christophe Fourquet, We're, LVMH, Luis Vuitton, it's, Estee Lauder, JB Hunt, Morgan Stanley, Abbott, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, ., Energy, Technology, Dow, Semiconductors, Nvidia, Devices, Bloomberg News, U.S, Broadcom, Micron, Taiwan Semiconductor Manufacturing, United Airlines, Interactive, Abbott Laboratories, Jim Cramer's Charitable Locations: U.S, France, China, Estee

☆ We're adding to a tech stock that's been on our shopping list since last week
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 575 shares of AMD, increasing its weighting to 2.70% from 2.35%. We also liked how she raised AMD's total addressable market forecast for AI chips to over $500 billion by 2028. As for fellow Club stock Nvidia , it's always good to remember that demand is so strong that its chips are on allocation. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, We've, Lisa Su's, Biden, it's, Jim Cramer, Jim Organizations: AMD, Bloomberg News, Nvidia, Microsoft, Club, CNBC

☆ Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
▼ + stars: | 2024-10-15 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations. Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead. AdvertisementBoeing's worker strike appears to be in such a stalemate that the US's top labor official flew to Seattle to mediate. In separate Monday meetings, Acting Secretary of Labor Julie Su urged both parties to move forward, the labor union for aerospace workers said in a statement. Su mediated a 75,000-person healthcare worker strike against Kaiser Permanente in October 2023.

Persons: Julie Su, Boeing's, —, Labor Julie Su, Su, Biden, Boeing Machinists Organizations: Boeing, Service, Labor, Anderson Economic Group, Reuters, Labour Union, International Association of Machinists, Aerospace Workers, Kaiser Permanente, United, Alaska Air, Emirates, RyanAir Locations: Seattle, Union, Gulf Coast, United Airlines

☆ Chipmakers tumble as ASML forecast cut issues a growth warning to the sector
▼ + stars: | 2024-10-15 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Chip stocks tumbled Tuesday, with NVDA and AMD down 5% and ASML plunging 16%. The sector was also rattled by reports that the US is weighing a cap on chip exports. Other chip stocks followed, with NVDA dipping almost 5%, AMD falling 5.3%, and Broadcom tumbling 3.5% around midday Tuesday. Flows into AI stocks slowed over the summer as investors expressed worries about returns on huge spending on AI. AdvertisementReports that the US is weighing a cap on chip exports from American chipmakers only compounded the industry's tumultuous start to the week.

Persons: —, ASML, SMCI, Christophe Fouquet, Biden, Nvidia — Organizations: NVDA, AMD, Service, Semiconductor, Broadcom, Bloomberg, Investment, Nvidia Locations: Dutch, €, American, East, Africa, Asia, China

☆ 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

ENGLEWOOD, Fla. — Sand is piled up to the first floor of most homes on Manasota Key, a sliver of land off Florida’s west coast, where devastation is widespread. The community, about 30 miles south of where Hurricane Milton made landfall Wednesday, sits across a bay from Englewood, between Fort Myers and Sarasota. Scenes of devastation in Manasota Key, Fla., on Sunday after Hurricane Milton made landfall nearby. The rooms at the Sea Oats Beach Club in Manasota Key are filled with upward of 3 feet of sand. More than 750,000 Floridians are still without power five days after Milton made landfall, according to PowerOutage.us.

Persons: Milton, Hurricane Milton, Natalie Obregon, Kris Hleuka, ”, Hleuka, Ian, I’m, Brenda Kreuger, Hleuka's, Pam Hager, ” Jay Hager, I’ve, They’re, Helene, Ben Bailey, Bailey, John Elias, Charlotte County, Joe Biden Organizations: NBC News, Charlotte, Hurricane, NBC, Residents, Englewood ., Oats Beach Club, Oats Beach Locations: ENGLEWOOD, Fla, Englewood, Fort Myers, Sarasota, Manasota Key, Florida, Englewood . Jay, Manasota, Charlotte County, St . Petersburg

☆ Why so many Florida gas stations are still out of gas
▼ + stars: | 2024-10-14 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —Hurricane Milton passed through Florida days ago, but the devastating storm is still causing chaos at gas stations. Hundreds of gas stations in Florida still don’t have gas, including roughly half of the stations in the hard-hit Tampa area. Meanwhile, the number of gas stations without gas has fallen sharply. This represents a significant improvement, although it still means that more than 1,300 Florida gas stations remain dry five days after Hurricane Milton made landfall. Florida gas stations are out of fuel following the storm that made landfall as a Category 3 hurricane in the Siesta Key area of Florida, causing damage and flooding throughout Central Florida.

Persons: Milton, ”, Patrick De Haan, De Haan, Hurricane Milton, Chris O'Meara, Andy Lipow, Lipow, “, Ron DeSantis, Joe Raedle, where, Tom Kloza, ‘, we’ve, ” Kloza Organizations: New, New York CNN, Tampa, Hurricane, Florida Highway Patrol, Fla . Gas, Gulf, FEMA, Port, Port Tampa Bay, Port Manatee, Lipow Oil Associates, Pasco Sheriff’s, Wawa, Fox, Florida Gov, Tampa Bay Times, Oil Price Information Service, “ Locations: New York, Florida, Tampa, Plant City, Fla, Port Tampa Bay, Gulf Coast, Port Tampa, Port, Tampa Bay, Pasco, Pasco County, St . Petersburg, Englewood , Florida . Florida, Central Florida

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