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MEXICO CITY, Oct 26 (Reuters) - Mexican soldiers and rescue workers on Thursday scrambled to clear up the chaos and devastation wrought by Hurricane Otis in Acapulco as the government worked to bring relief to the battered southern beach resort. Nearly 8,400 members of Mexico's army, air force and national guard were deployed in and near Acapulco to assist in cleanup efforts, the defense ministry said. [1/5]People stand near street stalls damaged by Hurricane Otis near the entrance to Acapulco, in the Mexican state of Guerrero, Mexico, October 25. Mexico's state power utility CFE had over 1,300 employees working to restore power, it said on Wednesday evening, when some 300,000 people remained without electricity. "Now a Category 5 hurricane in Acapulco takes us by surprise," Jimenez Pons said.
Persons: Hurricane, Otis, Evelyn Salgado, Hurricane Otis, Henry Romero, Rogelio Jimenez Pons, Jimenez Pons, Brendan O'Boyle, Lizbeth Diaz, Kylie Madry, Miral Organizations: MEXICO CITY, REUTERS, Management Solutions, CFE, Mexico City, Thomson Locations: MEXICO, Acapulco, Guerrero, Mexican, Mexico
Rodrigo Oropeza | Afp | Getty ImagesMexican authorities on Thursday gave the first human toll for Hurricane Otis' destruction along the country's Pacific coast: at least 27 dead and four missing. President Andrés Manuel López Obrador said at his morning news briefing that the deaths occurred around Acapulco, but provided few details. "We regret the 27 dead," López Obrador said. "The people sheltered, protected themselves and that's why fortunately there weren't more tragedies, loss of human life," López Obrador said. López Obrador shared details of only one death: He said one soldier was among the dead after a wall of his home collapsed on him.
Persons: Andres Manuel Lopez Obrador, Hurricane Otis, Rodrigo Oropeza, Otis, Andrés Manuel López Obrador, López Obrador, Jakob Sauczuk, Sauczuk, Pablo Navarro, Navarro, Isabel de la Cruz Organizations: Afp, Getty Images, Hurricane, Getty, National Guard, Mexico City Locations: Acapulco, Guerrero State, Mexico, Hurricane, Chilpancingo
The outages have significantly limited authorities’ ability to survey or share the magnitude of Otis’ impact. Otis rapidly intensified from a tropical storm to an extremely dangerous Category 5 hurricane – the area’s strongest storm on record – in just 12 hours. Residents survey damage in the aftermath of Hurricane Otis in Xaltianguis, Guerrero state, Mexico. The storm’s heavy rains are forecast to continue impacting the region through Thursday, possibly triggering flash flooding and mudslides, the National Hurricane Center said. Residents survey damage in the aftermath of Hurricane Otis in Xaltianguis, Guerrero state, Mexico.
Persons: Hurricane Otis ’, Otis, Andrés Manuel López Obrador, Laura Velázquez, Hurricane Otis, Alejandro Cegarra, El, CNN’s Karol Suarez, CNN’s Taylor Ward, Mary Gilbert, Ana Melgar, Claudia Rebaza, Rachel Ramirez Organizations: CNN, CFE, Service, , Bloomberg, Getty, National Hurricane Center, Mexican National Guard personnel, Infrastructure, Communications, Transportation, Otis, National Oceanic, Atmospheric Administration Locations: Hurricane, Acapulco, Mexico’s Guerrero, Xaltianguis, Guerrero, Mexico, Mexico City
MEXICO CITY (Reuters) - Mexican soldiers and rescue workers on Thursday scrambled to clear up the chaos and devastation wrought by Hurricane Otis in Acapulco as the government worked to bring relief to the battered southern beach resort. Mexico's state power utility CFE had over 1,300 employees working to restore power, it said on Wednesday evening, when some 300,000 people remained without electricity. The port city's international airport was closed, after Otis wrecked the control tower, cut telecommunications, and left access roads blocked. "Now a Category 5 hurricane in Acapulco takes us by surprise," Jimenez Pons said. (Reporting by Brendan O'Boyle, Lizbeth Diaz and Kylie Madry; Writing by Brendan O'Boyle; Editing by Miral Fahmy)
Persons: Hurricane, Otis, Evelyn Salgado, Rogelio Jimenez Pons, Jimenez Pons, Brendan O'Boyle, Lizbeth Diaz, Kylie Madry, Miral Fahmy Organizations: MEXICO CITY, Management Solutions, CFE, Mexico City Locations: MEXICO, Acapulco, Guerrero, Mexico
Mexican officials have been working since Wednesday to restore communication and power to the states of Guerrero and Oaxaca after Otis, which made landfall as a Category 5 hurricane, cut off power for more than half a million residents, battered hotels and ripped the roofs from buildings. Authorities were particularly concerned about Acapulco, a Pacific Coast port city of more than 852,000 people that was in the direct path of Otis. The city, in Guerrero State, was hosting an international mining industry convention when the storm hit; additionally, many hotels were packed with tourists. People stuck there posted videos on social media showing ravaged hotel rooms, doors ripped from hinges and collapsed ceilings. With the region effectively cut off from the outside world, the extent of possible injuries and deaths was still unclear.
Persons: Otis Organizations: Otis Locations: Mexico, Guerrero, Oaxaca, Acapulco, Pacific Coast, Guerrero State
Hurricane Otis slams Mexico's Acapulco
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: 1 min
Hurricane Otis, one of the strongest storms ever to hit Mexico's Pacific Coast, roared into the beach resort of Acapulco early on Wednesday, smashing buildings and vital infrastructure and leaving the city incommunicado and without power. ACAPULCO, MEXICO
Persons: Otis Locations: Coast, Acapulco, ACAPULCO, MEXICO
MEXICO CITY—Hurricane Otis slammed into Mexico’s Pacific port and popular beach resort of Acapulco as a powerful Category 5 storm, leaving in its wake widespread flooding and devastation. The most powerful hurricane to hit Mexico’s Pacific coast since 2015 ripped into buildings, tore off roofs and disrupted communications. Much of Acapulco was without electricity, telephone and internet service Wednesday.
Persons: Hurricane Otis Organizations: MEXICO CITY, Hurricane, Mexico’s Locations: MEXICO, Acapulco
Hurricane Otis hit near the beach-resort destination of Acapulco that is popular with tourists. It was later downgraded to a Category 4 storm. Authorities warned of a “potentially catastrophic storm surge.” Photo: Javier Verdin/ReutersMEXICO CITY—Hurricane Otis rammed into Mexico’s Pacific port and popular beach resort of Acapulco as a powerful Category 5 storm, ripping into buildings, causing heavy flooding, disrupting communications and knocking out power early on Wednesday. The hurricane, which intensified from tropical-storm strength to a major hurricane within just 12 hours Tuesday, made landfall in the early hours of Wednesday with maximum sustained winds of around 165 miles an hour, the National Hurricane Center said.
Persons: Otis, Javier Verdin, Hurricane Otis Organizations: Reuters, Reuters MEXICO CITY, Hurricane, National Hurricane Center Locations: Acapulco, Reuters MEXICO
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Persons: Dow Jones, aff19ffa Organizations: otis Locations: acapulco
Hurricane Otis exploded onto the southwest coast of Mexico early Wednesday, shocking forecasters as it emerged as one of the more powerful Category 5 storms to batter the region and create what one expert called a “nightmare scenario” for a popular tourist coastline. Few meteorologists initially thought the tropical storm would make landfall as a catastrophic hurricane. Most models failed to predict that the storm would intensify over the Pacific Ocean, leading forecasters to believe it would be at most a weak hurricane. But it strengthened with remarkable speed, and by Tuesday evening forecasters and Mexican officials were rushing to warn residents of its potential for destruction. The storm slammed ashore with sustained winds of 165 miles per hour; just a day earlier, Otis brought winds of 65 miles per hour.
Persons: Otis Organizations: Otis Locations: Mexico, Guerrero, Oaxaca
Morning Bid: Megacaps scatter in the cloud
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +5 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. But after the S&P500 staged an impressive 0.7% bounce on Tuesday, futures were back in the red again ahead of the open. The negativity cut across what was otherwise a more upbeat macro picture and a calmer bond market following recent ructions. Chinese developer Country Garden (2007.HK) is deemed in default on a dollar bond for the first time, Bloomberg News reported. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, Mike Dolan, Alphabet's, Microsoft's, Baker Hughes, Teradyne, Hess, Jerome Powell, Barbara Lewis Organizations: New York Stock Exchange, REUTERS, Big Tech, Google, Microsoft, Meta, IBM, Boeing, Bloomberg News, Treasury, Bank of Canada, Deutsche Bank, United Health, General Dynamics, Whirlpool, Otis, Hilton, U.S, Reuters, PMI, Thomson Locations: New York City, U.S, HK, United States, Europe, Worldline, Germany, Ameriprise, EQT, Washington
Otis made landfall near the resort city of Acapulco on the southern Pacific Coast of Mexico as a Category 5 hurricane, bringing record winds and rainfall that could create a “nightmare scenario” of flooding and mudslides, forecasters said early Wednesday. Hurricane Otis’s maximum sustained winds had grown to 165 miles per hour with stronger gusts at about 12:25 a.m. local time, when it made landfall, the National Hurricane Center said. The storm formed in the Pacific Ocean on Sunday, became a Category 1 hurricane midday Tuesday and “explosively intensified” in a matter of hours, becoming the strongest storm ever to hit this part of Mexico, forecasters said. Otis threatens a coast dotted with fishing villages and beach resorts as they gear up for their peak winter season. Along its path lies Acapulco, a large port city and a popular tourist destination home to more than 852,000 people, according to the Mexican government.
Persons: Otis, Organizations: National Hurricane Center Locations: Acapulco, Pacific Coast, Mexico
Before the storm made landfall, President Andrés Manuel López Obrador of Mexico had urged residents in Guerrero to brace for the storm. “Agree to move to shelters, stay in safe places: away from rivers, streams, ravines, and be alert,” he said on Tuesday. It also recommended that Acapulco residents take shelter, avoid crossing streams and flooded streets, and stay away from areas prone to landslides. The rainfall could cause flash and urban flooding, as well as mudslides in the mountainous areas, forecasters said. “There are no hurricanes on record even close to this intensity for this part of Mexico,” the hurricane center added.
Persons: Andrés Manuel López Obrador, , Otis, Hurricane Patricia Organizations: of, Protection Locations: Mexico, Guerrero, Acapulco, Tecpán, Oaxaca, Pacific Coast
Hurricane Otis interrupted tropical vacations for some visitors and put a stop to a mining convention in Acapulco, Mexico, as the storm bore down on the city early Wednesday. Among the travelers affected was David Hall, 34, who had arrived on Tuesday from Colima, a city about 300 miles northwest of Acapulco. Mr. Hall works in sales and was in Acapulco for the mining convention. “The wind was so strong, it was so much noise,” Mr. Hall said in an interview. The wind was really, really fast.”He compared the swaying of the hotel where he was staying, the Princess Mundo Imperial, to a “small earthquake,” adding, “It’s a very apocalyptic picture here.”
Persons: Otis, David Hall, “ It’s, , Hall, Princess Organizations: Mr, Hall, Princess Mundo Locations: Acapulco, Mexico, Colima
On Tuesday morning, few meteorologists were talking about Tropical Storm Otis. At that time, forecast computer models didn’t show much to be concerned about. By Sunday evening, the computer forecast models were still not showing much. This is why meteorologists often preach that a computer model isn’t a forecast — forecasters create forecasts, they like to say. On Monday evening, with Otis still a tropical storm, satellite images revealed a little feature that could mean that the storm was about to intensify very quickly.
Persons: Tropical Storm Otis, Otis, Zach Levitt, Tomer, we’re, Eric Blake, Hurricane Otis Organizations: Tropical Storm, National, U.S, National Hurricane Center, Otis, Hurricane Locations: Mexico, Tomer Burg, Florida, @burgwx, Acapulco
[1/4] Members of the federal forces chat as they keep watch at a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing RightsACAPULCO, Mexico, Oct 25 (Reuters) - Mexico's southern coast braced for Hurricane Otis on Wednesday as the Category 5 storm made landfall near the beach resorts of Acapulco, with the potential to cause "catastrophic damage," the U.S. National Hurricane Center (NHC) said. The hurricane reached land near Acapulco, bringing maximum sustained winds around 165 mph (270 kmh) and heavy rain, the center said. In Guerrero, authorities were preparing storm shelters and the national guard said it was helping to prepare for rescues and evacuations. Reporting by Javier Verdin in Acapulco and Brendan O'Boyle in Mexico City; writing by Brendan O'Boyle; editing by Robert Birsel and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Hurricane Otis, Javier Verdin, CONAGUA, Otis, Andres Manuel Lopez Obrador, Evelyn Salgado, Brendan O'Boyle, Robert Birsel, Bernadette Baum Organizations: REUTERS, Rights, U.S, National Hurricane Center, Guerrero, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Guerrero, Oaxaca, Miami, Mexico City
The hurricane was expected to weaken quickly in Guerrero state’s steep mountains. Otis had strengthened rapidly, going from a tropical storm to a Category 5 hurricane in 12 hours Tuesday. Otis’ arrival came just days after Hurricane Norma struck the southern tip of Mexico’s Baja California Peninsula to the north. Acapulco is a city of more than 1 million people at the foot of steep mountains. The storm was expected to become a powerful extratropical cyclone by Thursday, according to the U.S. National Hurricane Center.
Persons: — Hurricane Otis, Otis, , Abelina López, Pauline, López, Otis ’, Norma, Coyuca de Benitez, Hurricane Tammy, Tammy Organizations: , U.S, National Hurricane Center Locations: ACAPULCO, Mexico, — Hurricane, Pacific, Acapulco, Guerrero, Guerrero’s, Mexico’s Baja California, El Papayo, Coyuca, Hurricane, Lesser Antilles, Bermuda, Mexico City
On Tuesday morning, few meteorologists were talking about Tropical Storm Otis. At that time, forecast computer models didn’t show much to be concerned about. Forecasters with the U.S. National Hurricane Center said that morning that “some slight strengthening” was possible over the following days. By Sunday evening, the computer forecast models were still not showing much. A forecaster uses several tools to create a weather forecast, not just computer models.
Persons: Tropical Storm Otis, Otis, Tomer Organizations: Tropical Storm, U.S, National Hurricane Center Locations: Mexico, Tomer Burg
People stand on the beach after Hurricane Otis' arrival alert in Acapulco, Guerrero state, Mexico on October 24, 2023. Hurricane Otis slammed into Mexico's southern Pacific coast as a catastrophic Category 5 hurricane early Wednesday, bringing dangerous winds and heavy rain to Acapulco and surrounding towns, stirring memories of a 1997 storm that killed dozens of people. The center of Otis is expected to move farther inland over southern Mexico through Wednesday night. Otis is stronger than Hurricane Pauline that hit Acapulco in 1997, López said. Otis' arrival came just days after Hurricane Norma struck the southern tip of Mexico's Baja California Peninsula to the north.
Persons: Hurricane Otis, Otis, Abelina López, Pauline, López, Norma, Coyuca de Benitez, Hurricane Tammy, Tammy Organizations: Hurricane, U.S, National Hurricane Center Locations: Hurricane, Acapulco, Guerrero, Mexico, Pacific, Chilpancingo, Guerrero's, Mexico's Baja California, El Papayo, Coyuca, Lesser Antilles, Bermuda
CNN —Hurricane Otis is expected to make landfall Wednesday morning as a Category 5 storm near Acapulco in Mexico, threatening to lash the coastal region with destructive winds, heavy rainfall and potentially “catastrophic storm surge,” forecasters say. Landfall is expected by early Wednesday near or just west of the city, a beach resort town on Mexico’s Pacific coast, the hurricane center said. The heavy rainfall could lead to flash and urban flooding as well as mudslides in higher terrain areas, the hurricane center warned. If Otis makes landfall as a Category 5 hurricane, it would be the first Category 5 landfall for the East Pacific, according to the NOAA Hurricane Database. The previous strongest landfall was Hurricane Patricia in 2015, which made landfall as a Category 4 Hurricane with winds of 150 mph.
Persons: Hurricane Otis, Otis, cnnweather Otis ’, Phil Klotzbach, Patricia Organizations: CNN, Hurricane, Punta Maldonado, Colorado State University, East, NOAA, Otis Locations: Acapulco, Mexico, Punta, Zihuatanejo, Lagunas, Puerto Vallarta, Manzanillo
[1/3] People walk along a beach as Hurricane Otis barrels towards Acapulco, Mexico, October 24, 2023. REUTERS/Javier Verdin Acquire Licensing RightsACAPULCO, Mexico, Oct 24 (Reuters) - Hurricane Otis barreled toward Mexico's beach resort of Acapulco as a Category 5 storm on Tuesday and was poised to make landfall on its Pacific coast early on Wednesday. By 9 p.m. time (0300 GMT on Wednesday) Otis was about 55 miles south-southeast of Acapulco, the Miami-based NHC added. Over the weekend, Hurricane Norma killed at least three people as it passed along the northwest coast of Mexico. Days before, the powerful Hurricane Lidia left one person dead and several injured after battering Mexico's Pacific coast.
Persons: Hurricane Otis, Javier Verdin, Otis, Evelyn Salgado, Norma, Hurricane Lidia, Brendan O'Boyle, Diego Ore, Natalia Siniawski, Alison Williams, Sandra Maler Organizations: REUTERS, Rights, U.S, National Hurricane Center, Punta Maldonado, NHC, Guerrero, Thomson Locations: Hurricane, Acapulco, Mexico, Rights ACAPULCO, Miami, Zihuatanejo, Guerrero, Oaxaca
Say New Jersey and many think of native sons Bruce Springsteen and Frank Sinatra, Atlantic City, the boardwalk and the famous Jersey Shore (as well as its namesake reality show). But say Central Jersey, and many may think: You making that up?
Persons: Bruce Springsteen, Frank Sinatra Locations: Jersey, Atlantic City, Central Jersey
They built a small house and an outdoor kitchen for $22,500. Ryan and Damo/Life in Rural Thailand"We did that for about a year and a half, and we were growing vegetables here," Ryan said. AdvertisementAdvertisementPhase two: building a small house with an outdoor kitchenThe house has distinctive wooden beams holding up the roof. Ryan and Damo/Life in Rural ThailandWith an eye on permanence, the couple designed a plan for a small home and a freestanding kitchen. Ryan and Damo/Life in Rural ThailandThat made him think about how he and his wife could use their home to make money.
Persons: Ryan, Damo, , you've, That's, They're, Otis, Hugo, We've, they've, Amanda Goh Organizations: Service Locations: Bali, Thailand, Bali , Indonesia, Damo's, Buri Ram, Rural Thailand, agoh@insider.com
U.S. citizens Natalie Raanan, left, and her mother, Judith Raanan, seen in an image from a video following their release Friday at the Israel-Gaza border. Photo: ReutersEVANSTON, ILL.— The father of American Natalie Raanan , who was kidnapped and held hostage by Hamas for two weeks along with her mother, hopes she’s home for her birthday. The teenager from Evanston, Ill., turns 18 on Tuesday, her father, Uri Raanan , said on Saturday.
Persons: Natalie Raanan, Judith Raanan, she’s, Uri Raanan Organizations: Reuters Locations: Israel, Gaza, Reuters EVANSTON, Evanston, Ill
The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil prices — and will hold the keys to the market this coming week. Earnings are one of the three major themes on the marquee next week, with 10 Club companies reporting. Here are the companies: Danaher (DHR), Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Veralto (VLTO), Honeywell (HON), Linde (LIN), Amazon (AMZN), Ford (F) and Stanley Black & Decker (SWK). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: , Jerome Powell, Jim Cramer, Jim, Morgan Stanley, Stanley Black, Decker, Danaher, Veralto, it's, Mark Zuckerberg, We're, Vimal Kapur, Linde, Jim Farley, Ford, FactSet, Powell, WTI, Baker Hughes, Edwards Lifesciences, Northrop, CARR, Davidson, Dr Pepper, Phillips, Jim Cramer's, Michael M Organizations: Dow Jones, Nasdaq, Economic, of New, Treasury, West Texas, Procter, Gamble, 10, Microsoft, Honeywell, Linde, LIN, Health Care, Technology, Communications Services, Google, Meta, Ford, Amazon, United Auto Workers, Atlanta, Wall Street, Hamas, Brent, Strategic Petroleum Reserve, Logitech, Verizon, General Electric, GE, RTX Corporation, Halliburton, HAL, General Motors, Dow Chemical, DOW, Xerox, Texas Instruments, F5 Networks, WM, Boeing, Fisher, Mobile, Hilton, General Dynamics, Norfolk Southern, Otis Worldwide, IBM, KLA, O'Reilly Automotive, Mattel, Whirlpool, Gross, Royal Caribbean Cruises, Hershey Company, United Parcel Service, Southwest Airlines, Altria, Northrop Grumman, Valero Energy Corp, Mastercard, Merck, Co, Myers Squibb, Newmont, Tractor Supply Company, Comcast, Seagate Technology, Boston, Hertz, Carrier, Hasbro, Harley, Intel, Grill, United States Steel, Boston Beer Company, Texas, University of Michigan, Exxon Mobil, Chevron, Charter Communications, Colgate, Palmolive, Newell Brands, Sanofi, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: of New York, U.S, Industrials, OpenAI, America, Venezuela, Cleveland, Norfolk, ORLY, Bristol, Brunswick, Oshkosh, New York City
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