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TAMPA, Fla. — 54-year-old Joseph Malinowski, who has been dubbed “Lieutenant Dan” on social media, has survived record-breaking Hurricane Milton on his 20-foot sailboat. As Hurricane Milton was bearing down on Tampa, Malinowski posted to his social media account to soothe his newfound audience’s worries, even as his boat rocked and shaked against increasing wind and rain. “I’m doing great!” he told NBC News on Wednesday around 7 p.m., approximately two hours before the storm was set to make landfall. "Lieutenant Dan" on his boat Wednesday in Tampa. “I’m going to go back to doing my regular thing, which I think is pretty inspirational,” he told NBC News.

Persons: Joseph Malinowski, Dan ”, Milton, Malinowski, Terrence Concannon, Hurricane Helene, Hurricane Milton, ”, — Malinowski, “ I’m, Dan, Spencer Platt, I’m, ” “, “, “ Everything’s, Forrest Gump, weren’t, Ross, ” Malinowski, he’s, Concannon, ” Matt Lavietes, Sophia Pargas Organizations: Hurricanes, Hurricane, NBC, NBC News, Tampa Police Department, University of Tampa senior, Police Locations: TAMPA, Fla, Tampa, New York City

☆ Why it’s OK to crave the taste of home when you travel
▼ + stars: | 2024-10-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +12 min

Enter, the American Bar. But, like the patrons of the American Bar before us, seeking out home comforts when abroad is still something we all do. The study was based on interviews with 330 people in the US, all questioned on how likely they’d be to try local foods when traveling. We learn to associate food with comfort – hence the term ‘comfort food,’” Brewer says. The American Bar at the Savoy has been a London hotspot since the late 1800s.

Persons: Richard D’Oyly Carte, Ernest Hemingway, Marilyn Monroe, “, ”, Andrea Di Chiara, couldn’t, Coke, Maggie Wong, Angel Gonzalez, ” Gonzalez, Judson Brewer, Brewer, Richard A, Brooks, ’ ” Brewer, Bridget Jones, Jungfraujoch, Kathrin Naegeli, Gonzalez, JACK HARDY, tellingly, Gerald Quadros, there’s, ” Brewer, we’re, ‘ I’d, ’ Organizations: CNN, American Bar, American, Future Market, Yorkshire teabags, California State University, Monterey Bay, Brown University, Getty, Jungfrau Railways, Noodle, Savoy, Langham Hotel, Random Locations: United States, Savoy, London, Hong Kong, Paris, Monterey, AFP, Europe, Swiss, Zurich, Denbighshire, Italy

☆ Hurricane Milton is headed right into $1.1 trillion worth of commercial real estate properties: Moody's
▼ + stars: | 2024-10-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

More than $1 trillion worth of property lies in Hurricane Milton's path, Moody's estimated. Hurricane Milton made landfall in Florida on Wednesday as a Category 3 hurricane. AdvertisementHurricane Milton made landfall in Florida on Wednesday as a Category 3 hurricane, and analysts estimate that $1.1 trillion worth of commercial property is set to be exposed to dangerous hurricane winds. This is the speed at which some property damage is likely, the Moody's report said. According to the report, the properties include 44,122 industrial spaces, 78,916 retail properties, 42,387 office buildings, 64,857 apartment buildings, and 5,056 hotels.

Persons: Hurricane Milton, —, Milton, Jefferies, Hurricane Helene, Helene Organizations: Service, Moody's, Hurricane Center Locations: Hurricane, Florida, Tampa, Ft Myers, Florida's Sarasota County, Milton

☆ Diddy accuses federal officials of leaking material in his sex-trafficking case
▼ + stars: | 2024-10-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

Lawyers for Sean "Diddy" Combs condemned government "leaks" relating to his sex-trafficking case. He seeks "a hearing and other remedies" from what he calls prejudicial leaks by DHS agents. Combs attorneys Marc Agnifilo and Teny Geragos made the allegations in the filing to the federal judge in Manhattan now assigned to the case. Agents deployed "military-style armored vehicles, with scores of heavily armed agents in full combat gear," according to the Combs filing. Wednesday's letter also alerts the judge that the parties intend to discuss on Thursday what federal prosecutors called the "voluminous" evidence in the case.

Persons: Sean, Diddy, Combs, —, Marc Agnifilo, Teny Geragos, Mr, Cassie Ventura, Donald Trump's Manhattan, Barron's, Trump, Mitzi Steiner, Steiner, Arun Subramanian, Subramanian, Prosecutors Organizations: DHS, Service, Miami, Department of Homeland Security, Security, Department of Justice's, DOJ, US Attorney's, US, Homeland Security Investigations, New York Post, LA, CNN, Intercontinental Hotel, Office, Ventura Locations: Manhattan, Los Angeles, Miami, Donbas, Brooklyn

Furthermore, it's the only credit card that allows me to gift airport lounge access to four people for free by adding them as authorized users on my credit card. I Earn 2% Back on Therapy with my Capital One Venture X Rewards Credit CardI primarily use my Capital One Venture X Rewards Credit Card on transactions that don't earn bonus points on another card. Capital One Venture X Annual Fee and Other CostsThe Capital One Venture X Rewards Credit Card charges a $395 annual fee (rates and fees). Capital One Venture X Frequently Asked QuestionsIs the Capital One Venture X worth it? Yes, it's possible to get approved for the Capital One Venture X Rewards Credit Card if you already have the Capital One Venture Rewards Credit Card open.

Persons: I've, cardholder, Miles, Chase, LifeMiles, Smiles, Red, Wyndham, cardholders, Cardholders, I'm, You've, Jasmin Baron, Read, Angela Fung Organizations: Business, Venture, Capital, One, Chase, Five, U.S, American, American Express, Chase Sapphire Reserve, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Collection Hotels, Premier, Resorts, Chase Travel, Marriott, TSA, Hertz, Cell, Travel Insurance, One Venture, Mastercard, Chevron, Finance Locations: Taiwan, Cathay Pacific Asia, Singapore, Canada

☆ These are the cleanest cruise ships this year, according to the CDC — including 18 with perfect scores
▼ + stars: | 2024-10-10 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

The CDC randomly inspects and scores cruise ships to prevent the spread of stomach viruses. So far, in 2024, 18 cruise ships have received a perfect score. The Centers for Disease Control and Prevention randomly conducts sanitary inspections on cruise ships throughout the year. AdvertisementMSC Meraviglia is one of 18 cruise ships to have received a perfect score from the CDC so far in 2024. So far, in 2024, the CDC has inspected 116 cruise ships.

Persons: —, they've, Sergi Reboredo, Florent Serfari, Norwegian Bliss — Organizations: CDC, Service, Disease Control, Royal Caribbean, Celebrity Cruises, Getty, Sanitation, Orion, Ocean Cruises, Cruise, Oceania Cruises, Seas, Caribbean International, Meraviglia, MSC Cruises, Cruises, Sky, Cruise Line, Polaris, Disney, Disney Cruise Line Locations: Norwegian

Hurricane Milton makes its way toward Florida. Hurricane Milton plows toward FloridaFlorida is, once again, bracing for a direct hit as Hurricane Milton approaches the state and the window to evacuate closes. A storm surge of up to 15 feet is forecast along a stretch of the coast that includes Tampa, St. Petersburg and Sarasota. Florida is especially vulnerable to storm surge because “it doesn’t take much to push water over land that would be dry,” said Cody Fritz, the Storm Surge Unit Team Lead at the National Hurricane Center. “Where?”Follow our live blog for the latest forecasts and information about Hurricane Milton.

Persons: Milton, Harris, Trump, Hurricane Milton, ”, Cody Fritz, Helene, they’re, “, ‘, ’ ”, Mark Prompakdee, Read, Sen, Sherrod Brown, Chuck Todd, Elon Musk, Josh Shapiro, Musk, Trump’s Butler, Benjamin Netanyahu, Lloyd Austin, Yoav Gallant, Joe Biden, Lisa Marie Presley, it’s Grazer, Ethel Kennedy, Robert F, Kennedy, Tama, David Ingram, — Elizabeth Robinson, Elizabeth Robinson Organizations: NBC, National Hurricane Center, Storm Surge, Twin, NBC News, Hurricane, More Hurricane Milton, Trump, Democratic, Trump ”, Saints, Republicans, White, Tech, Pennsylvania Gov, Washington D.C, U.S . Defense, Israeli, ISIS, Border Patrol, Biden, Alaska Locations: Florida, Arizona, Hurricane, Florida Florida, Tampa, St, Petersburg, Sarasota . Florida, St . Petersburg, Twin City, Hurricane Milton, More, battlegrounds, Phoenix, Utah, Ohio, Trump’s Butler , Pennsylvania, Washington, U.S, Iran, Afghan, Oklahoma, America, San Francisco

☆ Empty gas stations, full hotels, and gridlocked highways: A Tampa resident shares what she saw on her 'terrifying' evacuation from Hurricane Milton.
▼ + stars: | 2024-10-09 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Hurricane Milton threatens Florida's Central Gulf Coast with Category 4 winds and storm surge. An employee tapes up a gas pump ahead of Hurricane Milton. The Milton evacuation comes just days after after she and her boyfriend had to buy supplies and rent a hotel room to avoid Hurricane Helene. AdvertisementMakayla Pelletier, 23, evacuated Tampa as Hurricane Milton barrelled toward her city. As Hurricane Milton draws closer, residents of disaster-prone areas are evaluating how weather events could impact their livelihoods.

Persons: Milton, Hurricane Helene, Makayla Pelletier, —, fiddled, Hurricane Milton, Pelletier, " Pelletier, Jane Castor, Joe Raedle, Pelletier doesn't, Tampa Pelletier, Orlando —, she's, Milton doesn't, Helene, we're Organizations: Service, Gulf Coast, CNN, Tampa, Tampa that's, Hurricane Locations: Gulf Coast, Hurricane, Tampa, Orlando, Gulf, St, Petersburg, Milton, Punta Gorda

☆ Justice Department, FTC warn consumers of fraud, price gouging risks ahead of Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and collusion that accompanies major natural disasters. Federal Trade Commission chair Lina Khan said the FTC is "hearing troubling reports of price gouging for essentials that are necessary for people to get out of harm's way — from hotels to groceries to gas." "Companies are on notice: do not use the hurricane as an excuse to exploit people through illegal behavior," said Manish Kumar, a deputy assistant attorney general in the Justice Department's Antitrust Division. Most states have laws intended to curb price gouging, with many of these restrictions tied to declared states of emergency. Several major airlines and retailers have told CNBC in recent days that they froze prices in advance of the storm.

Persons: Hurricane Milton, Biden, Ronald C, Gathe Jr, Lina Khan, Patrick De Haan, Manish Kumar Organizations: Hurricane, U.S, Middle, Federal Trade Commission, Justice Department's Antitrust, CNBC Locations: Florida, Middle District, Louisiana

☆ Why some Florida residents aren’t evacuating ahead of Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Paul P. Murphy | Michelle Krupa | ) edition.cnn.com time to read: +11 min

Traffic flows east Tuesday along Interstate 4 as residents continue to follow evacuation orders ahead of Hurricane Milton. A motorist drives past broken utility poles downed by strong wind gusts as Hurricane Milton approaches Fort Myers, Florida, on Wednesday, October 9. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Julio Cortez/AP A man clears debris left by Hurricane Helene from his home in Treasure Island, Florida, on Monday. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.

Persons: Vivienne Marran, ”, Hurricane Milton, Marran, Helene, they’ve, we’ve, “ I’ve, ” Marran, Helene –, “, Holly Speckhart, Julio Cortez, ‘, Jane Castor, you’re, ” Speckhart, Ian – Bridgit, Budd, Milton, Fort, Ricardo Arduengo, Connor Ferran, Fort Myers, Joe Raedle, Paul Hennessy, Saul Martinez, Stephen Lundgren, Doug Engle, Payton Wyse, Andrew Goncharsky, Lee, Nicolette Mariano, Kaila Jones, Yamil Lage, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Rebecca Blackwell, Hurricane Helene, Bryan R, Smith, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Marta Lavandier, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, ” Anna Maria Island, William Tokajer, ” Tokajer, “ We’ve, we’ll, “ we’ve, I’ve, We’ve, who’d, –, “ you’ve, ” CNN’s Mary Gilbert, Rebekah Riess, Andy Rose, John Berman Organizations: Sol , Florida CNN, CNN, Hurricane, Tampa Bay, ” Tampa Fire Rescue’s, Milton, Tampa Bay Rays, Tampa Mayor, Orlando International Airport, Anadolu, Getty, Disney, Vanguard, School, Ocala, USA, Fort, Palm Beach Daily, Florida Army National Guard, Bradenton, Tampa General Hospital, NASA, International, Reuters, AP, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Holmes Beach Police, Social, Isla del, Sunshine Skyway Locations: Sol , Florida, St . Petersburg, Gulf, Mexico, Tampa, Milton, ” Tampa, Hurricane, Ohio, Cincinnati, Sanibel, Fort Myers , Florida, Orlando, Ocala , Florida, Lee County, Fort Myers, Sebastian , Florida, Havana, Cuba, AFP, Palm Beach, Bradenton Beach, Tampa , Florida, Celestún, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Fort Myers Beach, Progreso, New Port, St . Petersburg , Florida, Kissimmee , Florida, Florida, Isla, Isla del Sol, Holmes Beach

☆ Disney prices just went up again. Here’s how to get a discount
▼ + stars: | 2024-10-09 | by ( Natasha Chen | ) edition.cnn.com time to read: +10 min

Jeffrey Talajic, who runs MagicTripTools.com, analyzed Florida park prices at Walt Disney World and Universal Resort Orlando going back to 1990, using data from the Orlando Sentinel newspaper. Talajic found that Disney World raised prices 22 out of the past 35 years, and Universal raised theirs 23 times. Jeffrey Talajic/MagicTripTools.comMindy Marzec, who runs the travel website thisfairytalelife.com, said she always jokes that three things in life are certain: death, taxes and Disney parks raising ticket prices. In Florida, guests can save between $60 and $200 per night on Disney World ticket and hotel packages for much of the first half of 2025. Another deal on the Disney World website offers hotel discounts between 10% and 25% on many dates from January through April.

Persons: Jeffrey Talajic, ”, Jessica Good, “, Walt, Price, Talajic, Universal, Mindy Marzec, Marzec, ” Marzec, wouldn’t, he’s, ” Gavin Doyle –, –, ” Doyle, ” Talajic, bookable Organizations: CNN, Disneyland –, Disneyland, Disney, Disneyland Resort, Walt Disney, Walt Disney World, Universal Resort Orlando, Orlando Sentinel, Universal, Animal, Costco, Southern, Disney Food Locations: California, Florida, Anaheim, Southern California, Magic Kingdom

As Hurricane Milton barrels toward Tampa Bay, some residents are saying that the resources needed to evacuate — especially gasoline — are in short supply, despite a mandate to leave the area. Debris from Helene also poses a risk as Milton approaches because the objects can turn into dangerous projectiles. On social media, lines stretching around the block could be seen at the few gas stations in the greater Tampa Bay area that still had fuel. Hurricane Helene had already damaged her family home and she assumes more, if not total damage, will be wrought by Milton. “What’s really sad is seeing people pulling up to gas stations and just staring at pumps that are out of gas,” she said.

Persons: Milton, Ashley Khrais, she's, ” Khrais, ”, Milton “, Hurricane Helene, Helene, Tampa Mayor Jane Castor, ” Castor, Ron DeSantis, “, ” DeSantis, Lindsey Carlson, Carlson, she’s Organizations: National Hurricane Center, FEMA, White, Tampa Mayor, CNN, Milton’s, National Oceanic, Atmospheric Administration, Florida Division, Emergency Management, Gov, “ Fox, Patrol Locations: Tampa Bay, Holiday , Florida, Tampa, Florida, Hurricane, Lauderdale’s Port, Southeast Florida, Plant City, Lakeland, Jacksonville, Milton

☆ Disney World is shutting down as Florida braces for Hurricane Milton
▼ + stars: | 2024-10-08 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Walt Disney World will close early on Wednesday as Florida braces for Hurricane Milton. Other venues, including Universal Studios, have also announced closures. download the app Email address Sign up By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementWalt Disney World will shut down on Wednesday as Florida braces for Hurricane Milton. Related storiesA closure at Disney World is rare: Most hurricanes don't reach as far inland as Milton is expected to. Disney is not alone in closing its gates: Universal Orlando's parks, including Universal Studios, will shutter early on Wednesday and remain closed on Thursday.

Persons: Walt, Hurricane Milton, Nicole, recategorized, Milton, Hurricane Helene, Aquatica Orlando Organizations: Walt Disney, Hurricane, Orlando, Universal Studios, Service, Hurricane Milton, Hollywood Studios, Magic, Disney Springs, Disney, Wilderness, WDW Magazine, National Hurricane Center, SeaWorld Orlando Locations: Florida, EPCOT, Central Florida, Milton

☆ I stayed in a glamping tent and a tiny house resort on a small island near Singapore. One was a better escape from city life.
▼ + stars: | 2024-10-08 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

On a recent trip there, I spent one night in a glamping tent and the other in a tiny house. The tiny house was more comfortable, but the glamping tent felt like a proper escape from the city. Big Tiny, a tiny house startup in Singapore, launched Tiny Away on Lazarus in May last year. AdvertisementThe tiny house was more comfortableDespite the tent having a queen-sized bed (left), the author felt more comfortable in the tiny house (right). The glamping tent offered a more novel experienceThe author spent one night journaling in the glamping tent (left) and the other watching Netflix in the tiny house (right).

Persons: —, Lazarus, May, Ray Lee, Sam Wong, Prudence Lai, Erin Liam, cofounders, there's, unplug Organizations: Service, Sentosa Development Corporation, Singapore's Ministry of Trade and Industry, Singapore Zoo, Business, Netflix Locations: Lazarus, Singapore, Southern

☆ The challenges Floridians are facing while trying to evacuate
▼ + stars: | 2024-10-08 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +9 min

Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool on Tuesday to prepare for Hurricane Milton. Marta Lavandier/AP A man boards up an apartment building to protect it from Hurricane Milton in Progreso, Mexico, on Monday. The state of Florida is trying to keep gas stations supplied as people try to fill up before hitting the road. Tristan Wheelock/Bloomberg/Getty Images“Lines at gas stations have been long,” DeSantis acknowledged Tuesday during a news conference. “Gas stations are running out quicker than they otherwise would.”Gas price tracking service GasBuddy reported that as of Tuesday afternoon, 17.4% of gas stations statewide were without fuel, a dramatic spike from just 3% on Monday.

Persons: Hurricane Milton, Helene pummeled Florida’s, Jane Castor, CNN’s Kaitlan Collins, it’s, Kevin Guthrie, Ron DeSantis, Rich Lorenzen, Sam Grande, Pete, Octavio Jones, DeSantis, Milton, Mike Carlson, Matthew Dominick, Jose Luis Gonzalez, Reuters John Fedor of, Chris O'Meara, David Jalving, Marta Lavandier, Julio Cortez, Hurricane Helene, Bryan R, Smith, Tristan Wheelock, Gerald, Martin Zetina, Hurricane, Reuters Rich Lorenzen, Pete Beach, Gregg Newton, Brandon Hutchison, ” Hutchison, Irma, Idalia, Milton's, ” DeSantis, Fort Organizations: CNN, Hurricane, ” Tampa, state’s Division, Emergency Management, Florida Gov, National Weather Service, Florida Department of Transportation, Florida DOT, Veterans Expressway, Suncoast Parkway, AP NASA, International, Milton, NASA, Reuters, Tampa International Airport, Getty, Bloomberg, Hurricane Milton, AP Contractors, AP Tropicana, Department of Transportation, Rosen, Resorts, Atlanta Motor, Emergency Management Agency, Gas, “ Gas, Patrol Locations: Hurricane Milton, St, Pete Beach , Florida, Miami, Florida, Tampa, Hurricane, Port Richey , Florida, Orlando , Florida, Jersey, Tampa Bay, Treasure Island , Florida, AFP, Fort Myers Beach , Florida, Progreso , Mexico, New Port Richey , Florida, St . Petersburg, Monnday, Kissimmee , Florida, Georgia, Atlanta, Peach, Dothan , Alabama, RVs, ”, Hampton , Georgia, Henry, Florence, Petersburg , Florida, Fort Myers, Gulf Coast

☆ Our luxurious vacation cost 1 million credit-card points and $12,000. We spent 14 days in Europe and never flew less than business class.
▼ + stars: | 2024-10-07 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +1 min

I took my wife, daughter, and niece on a five-country Europe trip to celebrate my wife's birthday. We booked most of the flights and hotel rooms using credit-card points and miles. The rewards-booked flights were all business and first class, and the hotel rooms were luxurious. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: —, we've, We've Organizations: Service, Eiffel Locations: Europe

☆ Slump for tech stocks could open the door for tactical trades in fourth quarter, investors say
▼ + stars: | 2024-10-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The tech trade lost some of its steam over the summer, and that could create opportunities for tactical trading in the fourth quarter, several investors told CNBC. The Nasdaq Composite rose 2.6% during the third quarter, lagging behind both the broader S & P 500 's gain of 5.5% and the small Russell 2000's jump of 8.9%. Still, many investors are cautious of abandoning the tech trade completely even after a few bumpy months. Even after the recent slump, those stocks still account for about 31% of the S & P 500, and even more in many funds focused on tech or growth. RSP 6M mountain This equal weight version of the S & P 500 outperformed the regular S & P 500, the Nasdaq Composite and the Dow Jones Industrial Average in the third quarter.

Persons: Russell, James Ragan, DA Davidson, We're, Frank Tedesco, Ragan, Jason Browne, Alexis, We've, we've, Browne, LEXI Organizations: CNBC, Nasdaq, Nvidia, Microsoft, DA, Astoria, RSP, Dow Jones, Quality, Alexis Investment Partners, Big Tech Locations: Astoria

☆ Property damage from Hurricane Helene could cost owners more than $47 billion
▼ + stars: | 2024-10-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Even as Florida braces for another major hurricane, new estimates reveal Hurricane Helene caused up to $47.5 billion in losses for property owners. CoreLogic estimates Helene caused between $20 billion and $30 billion of uninsured flood losses. That dwarfs the firm’s estimate of between $10.5 billion and $17.5 billion worth of uninsured wind and flood losses. All told, CoreLogic calculates that Hurricane Helene caused between $30.5 billion and $47.5 billion in total wind and flood losses across 16 states. The vast majority of the damage from Hurricane Helene was from flooding, with wind causing just $4.5 billion to $6.5 billion of losses, according to CoreLogic.

Persons: Helene, ” CoreLogic, CoreLogic, Milton, Hurricane Helene Organizations: New, New York CNN, National Flood Insurance, Federal Emergency Management Agency, FEMA, Flood Locations: New York, Florida, Florida , North Carolina, South Carolina, Georgia, Helene’s, North Carolina, Tampa, St, Petersburg, Gulf of Mexico, Hurricane, Perry

☆ Fed cuts could turn the tide for commercial real estate. Where to find opportunity
▼ + stars: | 2024-10-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Federal Reserve interest rate cuts may help turn the tide for commercial real estate. "Lower interest rates are not a magic bullet, but less restrictive monetary policy lays the groundwork for a commercial real estate recovery," wrote senior economist Charlie Dougherty. "Decreased long-term interest rates appear to be easing upward pressure on cap rates and slowing declines in property valuations. "That said, reduced interest rates should prevent distress from spreading and shorten the hurdles coming down the road," he added. Gimple specifically likes single-asset, single-borrower CMBS and commercial real estate collateralized loan obligations.

Persons: Wells Fargo, Charlie Dougherty, Dougherty, Douglas Gimple, Gimple, It's, that's Organizations: Treasury, Companies, Fed Locations: Central, Diamond, Los Angeles, New York, Miami, Hawaii

"We have kind of a two-level house — it's not a two-story, but there are two levels," Smith-Frady told Business Insider. AdvertisementIn May 2024, the average cost of flood insurance in Florida was $781 a year, according to personal-finance company NerdWallet. Advertisement"It basically makes the home a total loss if they don't have flood insurance," Meyer Lucas said. "In Florida, there's really high flood risk, which I think is broadly understood, but that the cost associated with that flood risk is not being captured in home values." "The storms are happening so diversely in so many different areas of the state," D'Amario told Business Insider.

Persons: Helene, —, Hurricane Helene, Alexis Smith, Smith, Frady, Idalia, She's, Katie Mallah, Mallah, Katie Mallah Mallah, it's, Heather Cameron, Cameron, Holly Meyer Lucas, Meyer Lucas, Jon Schneyer, Pete, haven't, Jesse Gourevitch, there's, Ryan D'Amario, D'Amario Organizations: Service, FEMA, Business, Flood Insurance, Hurricanes, Sunshine State, Farmers Insurance, Bankers Insurance, Miami Herald, Capital Economics, Palm, Street Journal, Environmental Defense Fund Locations: Florida, St, Petersburg, Hurricane, Bradenton, North Carolina, Tampa, Sarasota, St . Petersburg, Shore, Shore Acres , Florida, Insurify, Palm Beach, Nature, Appalachia, Gulf

☆ ‘Hotel in nature’: Inside the world’s best new skyscraper
▼ + stars: | 2024-10-06 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

This is Singapore’s Pan Pacific Orchard, which has just been named the world’s best new tall building by the Council on Tall Buildings and Urban Habitat (CTBUH). Video Ad Feedback Watch: Take a look inside Pan Pacific Orchard. In some areas, Singapore’s strict building codes even require property developers to include large amounts of greenery when constructing new towers. Combined, the green spaces at Pan Pacific Orchard amount to around three times more than this legal minimum. “Pan Pacific Orchard represents the best in responsible vertical urbanism today,” said CTBUH’s CEO, Javier Quintana de Uña, in a statement.

Persons: Darren Soh, ”, Hong Wei, Phua, Singapore’s, Lee Kuan Yew, Marc Tan, Mun Summ Wong, 3XN, Javier Quintana de Uña Organizations: Singapore CNN, CNN, UOL Group, Pan, ”, Vanderbilt Locations: Singapore, Pacific, WOHA, Orchard, ”, Pacific Orchard, New York City

☆ How my family of 3 spent $2,855 for a single day at Universal Hollywood — and what we'll do differently next time
▼ + stars: | 2024-10-06 | by ( Amanda Adler | ) www.businessinsider.com time to read: +1 min

We flew to California to visit Universal Hollywood despite living near the company's Florida parks. Although this was a pricey experience, there's very little I would do differently next time. Go to newsletter preferences Thanks for signing up! AdvertisementLast year, I took my family of three from Orlando to Southern California for a trip to Universal Studios Hollywood. AdvertisementAlthough this figure seems high — especially given that we live mere miles from the Universal theme parks in Florida — there's very little I'd change about how we spent our money.

Persons: — Organizations: Universal Hollywood, Service, Universal Studios Hollywood, Universal Express, Food Locations: California, Florida, Orlando, Southern California

☆ Historic Biltmore Estate shutters after floods from Hurricane Helene ravage Asheville
▼ + stars: | 2024-10-05 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

ASHEVILLE, N.C. — America’s largest privately-owned estate has abruptly shut down in Asheville after Hurricane Helene caused extensive flooding and building damage along the 8,000 acre property. The iconic Biltmore Estate, situated in the Blue Ridge Mountains, spans 175,000 square feet, boasts 250 rooms, 43 bathrooms, 65 fireplaces and 22 miles of walking trail. “We are still assessing impacts to the estate from Tropical Storm Helene and that will take some time,” the estate said. In forested areas, which is a large portion of the estate, wind damage is extensive to grounds and some structures.” The post also said crews are clearing roads to start repairs. Last weekend, tree branches, logs and a dumpster floated across the nearby Biltmore Village after the area was submerged in water in the wake of the initial landfall.

Persons: Hurricane Helene, Melissa Sue Gerrits, Tropical Storm Helene, Sean Rayford, George Vanderbilt, Cornelius “, ” Vanderbilt Organizations: Biltmore, Hurricane Locations: ASHEVILLE, N.C, —, Asheville, Hurricane, Biltmore, Tropical, Florida, North Carolina, Buncombe, Staten Island , New York

CNN —The death toll from Helene has risen to at least 225 across six states, according to CNN’s tally, after seven more deaths were announced Saturday in North Carolina. Emergency responders from across the US respond to hurricane-ravaged North Carolina county: Hard-hit Buncombe County, North Carolina, is getting help from several hundred emergency responders from agencies nationwide who were on the ground there by Saturday, including from the New York Fire Department. The Federal Emergency Management Agency has more than 3,000 federal responders on the ground in North Carolina, said MaryAnn Tierney, FEMA’s National Incident Management Assistance team lead. About 562,007 customers in South Carolina, North Carolina, Georgia, Florida and Virginia were waiting for power to be restored as of Saturday afternoon. More than 74,000 people were without power in Buncombe County Saturday, according to county manager Avril Pinder.

Persons: Helene, Mike Litterst, Litterst, “, Lillian Govus, MaryAnn Tierney, Avril Pinder, “ Crews, Nathan West, “ It’s, ” West, ” Organizations: CNN, National Park Service, Pictures, New York Fire Department, FDNY, Federal Emergency Management Agency, Incident Management, Biltmore, Black Mountain Presbyterian Church Locations: North Carolina, United States, South Carolina, Georgia, Florida, Tennessee, Virginia, Gooch, Buncombe County , North Carolina, ”, FEMA’s, North Carolina , Georgia, Buncombe County, Carolina, Asheville’s, Asheville, “, Black Mountain , North Carolina

☆ I took my 86-year-old mom on a river cruise. The smaller ship and bingo nights were perfect for her.
▼ + stars: | 2024-10-05 | by ( Rebecca Deurlein | ) www.businessinsider.com time to read: +4 min

I took a river cruise because it was on my mom's bucket list. AdvertisementI took my first river cruise somewhat reluctantly. I wanted these memories with my mom, and a small cruise like this one was manageable and easy. AdvertisementThe small ship made it easier for her to navigateAmerican Cruise Lines booked everything for us, including flights and our pre-cruise hotel. AdvertisementWhile I might not have quite been the target demographic for our river cruise, my mom was, and I got to witness and share in her absolute delight.

Persons: —, Lewis, Clark, I'm, Mom, kayaked, adieu Organizations: Service, American Cruise Lines, Cruise Lines, American Harmony Locations: Columbia, Idaho, Washington, Oregon, American, Astoria , Oregon, Mount St, Helens

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