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☆ LiquidStack helps data centers cut energy and water use. Check out the 13-slide deck it used to raise $20 million from Tiger Global.
▼ + stars: | 2024-10-01 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

LiquidStack has secured a $20 million Series B extension from Tiger Global. The startup has launched various cooling technologies for data centers. AdvertisementLiquidStack, a Texas-based startup developing technologies to cool down data centers, has secured a $20 million Series B extension from investment firm Tiger Global. LiquidStack has also launched a two-phase immersion cooling unit to reduce energy in high-density server environments. The $20 million Series B extension, led by US-based investment firm Tiger Global, brings the total Series B round to $35 million.

Persons: LiquidStack, —, Joe Capes, PitchBook Organizations: Tiger Global, Service, US, Trane Technologies Locations: Texas

☆ Electric bill: Home heating costs expected to rise this winter
▼ + stars: | 2024-10-01 | by ( Tami Luhby | ) edition.cnn.com time to read: +3 min

Consumers who heat with electricity will be hit the hardest, with their costs projected to rise 13.6% to $1,208 for the winter season, the association found. The expense of maintaining and upgrading the electric grid is driving up costs, particularly in the West, where fires have ravaged the grid and electric heating costs could soar nearly 23%. The price tag for heating with propane will rise 7.3% to $1,442 this winter, while natural gas users will see a 7.2% increase to $644. Natural gas prices have stabilized but are expected to rise over the winter as US exports increase, said Mark Wolfe, the association’s executive director. But those who heat with oil will catch somewhat of a break after a pricey heating season last year, with costs expected to rise only 6.1% to $1,963 this winter.

Persons: Mark Wolfe, Wolfe, ”, “ Organizations: CNN, Northeast, National Energy Assistance, Association, Consumers, Low Income, Energy Assistance Locations: Midwest

Biden on Sunday called the storm damage "tragic" and said his administration was trying to determine the number of victims. Biden was briefed by Criswell and homeland security adviser Liz Sherwood-Randall on the hurricane's impacts in the states that were significantly affected: Florida, Georgia, North Carolina, South Carolina, Tennessee, Alabama and Virginia. Criswell was scheduled to visit North Carolina on Monday after she surveyed damage in Florida and Georgia over the weekend. Brian Kemp and North Carolina Gov. In addition to Kemp, Biden spoke to Asheville Mayor Esther Manheimer and South Carolina Gov.

Persons: Joe Biden, Hurricane Helene, ” Biden, Biden, Deanne Criswell, Liz Sherwood, Randall, Criswell, Donald Trump, Kamala Harris, Trump, Harris, ” Trump, “, ”, Brian Kemp, Roy Cooper, Kemp, we’re, Asheville Mayor Esther Manheimer, Henry McMaster Organizations: Emergency, Center, NBC, Sunday, Federal Emergency Management Agency, Criswell, FEMA, Georgia Gov, North Carolina Gov, Republican, Asheville Mayor, South Carolina Gov, Biden Locations: North Carolina, Hurricane, Raleigh, Asheville, Georgia, Florida, North, Buncombe County, South Carolina , Tennessee, Alabama, Virginia, Erie , Pennsylvania, Valdosta , Georgia, San Francisco, Washington

Hurricane Helene ravaged western North Carolina over the weekend, leaving behind a trail of death and devastation. North Carolina emergency crews were racing Monday to deliver food and other essential supplies to areas hit hard by Helene. At least 40 people were dead in Buncombe County, home of the thriving mountain city of Asheville, according to law enforcement officials. Photos and videos from Asheville, home to some 95,000 people, captured harrowing scenes and showed neighborhoods rendered unrecognizable by Helene’s impact. The approximately 44 people dead in North Carolina represent a third of all fatalities from the storm.

Persons: Helene, Roy Cooper, Will Overfelt, ”, John Finley, Karol Chase, Jonathan Collier, “, Buncombe County Sheriff Quentin Miller, ” Miller, ” Helene, Melissa Sue Gerrits, NBC’s, Buncombe, ” Lillian Govus, Mark Goldthwaite, “ It’s, Joe Biden, Harris, Biden, Jessica Drye Turner, Turner Organizations: ”, NBC News, Mobile, Gatorade, Health, Buncombe County Sheriff, Homes, Biltmore, Asheville, NBC, Biden, White, Facebook Locations: North Carolina, Carolina, Buncombe County, Asheville, Charlotte, Florida , Georgia, South Carolina, Florida, Appalachia, Boone , North Carolina, Biltmore, Black, “, Florida’s Big Bend, Georgia, Carolinas, Tennessee

A man embraces his daughter-in-law among the debris of his destroyed home in Horseshoe Beach, Florida, on Saturday. Some of the roads and bridges they need to do the job aren’t there anymore. Helene’s path of destruction stretched more than 500 miles, from coastal Florida to the Blue Ridge Mountains. Power companies are dealing with damaged and blocked roads as they work to restore power to homes and businesses. The president approved disaster relief and has been in contact with the governors where the damage was most severe.

Persons: Marco Bello, –, Joe Biden, “ Organizations: Carolinas, White House Locations: Horseshoe Beach , Florida, North Carolina, South Carolina, Georgia, Florida, Tennessee andtwo, Virginia, Asheville

☆ Trump to speak, hand out supplies in Georgia as Hurricane Helene fallout gets political
▼ + stars: | 2024-09-30 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential nominee, former U.S. President Donald Trump pauses before speaking during a campaign rally at the Mosack Group warehouse on September 25, 2024 in Mint Hill, North Carolina. Republican presidential nominee Donald Trump is set Monday to deliver remarks and help hand out supplies in the hurricane-blasted swing state of Georgia, one day after he leveraged the devastating storm as a political attack against Democratic nominee Kamala Harris. Deaths have also been reported in Florida, South Carolina, North Carolina, Tennessee and Virginia. Ferocious rains, wind and floods have left millions of people without electricity, and entire towns — including those hundreds of miles inland, like Asheville, North Carolina — have been submerged under feet of water. On Sunday, Trump attacked Biden and Harris in politically charged terms over their response to Helene.

Persons: Donald Trump, Kamala Harris, Trump, Hurricane Helene, Harris, Joe Biden, Brian Kemp, Asheville , North Carolina —, Biden, Helene Organizations: Mosack, Republican, Democratic, Washington , D.C, Federal Emergency Management Agency, NBC Locations: Mint Hill, North Carolina, Georgia, Valdosta, Las Vegas, Washington ,, Florida, Florida , South Carolina, North Carolina , Tennessee, Virginia, Asheville , North Carolina

☆ UK coal-burning for electricity to end as last power plant shuts down
▼ + stars: | 2024-09-30 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

CNN —Britain’s last coal-fired power plant will close on Monday, ending 142 years of coal-generated electricity in the nation that sparked the Industrial Revolution. The Ratcliffe-on-Soar station in central England is to finish its final shift at midnight, after more than half a century of turning coal into power. The UK government hailed the closure as a milestone in efforts to generate all of Britain’s energy from renewable sources by 2030. We owe generations a debt of gratitude as a country.”An aerial view of the Ratcliffe-on-Soar Power Station emitting steam on January 10, 2024 in Nottingham, England. An archive image dated to 1964 of Ratcliffe-on-Soar Power Station under construction.

Persons: CNN —, Ratcliffe, Uniper, Michael Shanks, Christopher Furlong, ”, Thomas Edison’s, Dhara Vyas, ” Vyas Organizations: CNN, Britain, Energy, Thomas Edison’s Edison, National Grid Locations: Soar, England, Sweden, Belgium, Nottingham, London, Uniper

☆ Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
▼ + stars: | 2024-09-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Palisades nuclear plant in Michigan has closed a $1.5 billion loan to support the first reactor restart in U.S. history, the Department of Energy announced Monday. Palisades' owner, Holtec International, hopes to restart the plant in the fourth quarter of 2025, subject to approval by the U.S. Nuclear Regulatory Commission. Demand for nuclear power is growing as the U.S. seeks carbon-free energy to meet rising electricity demand while meeting its climate goals. In the case of Palisades, the power is spoken for by Wolverine Power Cooperative, a nonprofit that provides electricity to rural communities in Michigan. Palisades will support 600 jobs in Covert Township near Lake Michigan and provide enough power for 800,000 homes, Turk said.

Persons: Nick Culp, Holtec, Culp, David Turk, Turk Organizations: Department of Energy, Holtec, U.S . Nuclear Regulatory Commission, NRC, . Company, U.S . Palisades, Palisades, Constellation Energy, Microsoft, Wolverine Power Locations: Michigan, Jupiter , Florida, Palisades, U.S, Covert, Lake Michigan

☆ I'm a millennial who lives alone in a tiny house in the countryside. I don't feel like I'm missing out on city life.
▼ + stars: | 2024-09-30 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Nikky de Graaf, 30, moved to the countryside to live in a cottage on her parents' land. She spent $3,000 to set up the tiny home and doesn't feel like she is missing out on big-city life. Nikky de Graaf lives in a cottage in the rural countryside of the Netherlands. It has a beautiful view of the surrounding fields, and I really love it. AdvertisementI love this life, and I don't really miss out on any of the city activities, because living in the countryside gives me so many other things to enjoy.

Persons: Nikky, —, Nikky de, I've, Nikky de Graaf, de, that's, De Graaf, de Graaf Organizations: Service, Utrecht —, Amsterdam —, YouTube Locations: Graaf, Nikky de Graaf, Netherlands, Utrecht, Amsterdam, de Graaf, that's

☆ TD sees one stock as biggest industrial beneficiary of AI-driven nuclear power revival
▼ + stars: | 2024-09-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Flowserve supplies fluid motion controls and instrumentation to nuclear plants, with that side of the business currently accounting for about 5% of total revenue. TD Cowen sees 11% upside for Flowserve with a stock price target of $57. TD Cowen sees a big opportunity servicing nuclear reactors for maintenance, repair, advanced diagnostics and retrofitting. "This is especially pertinent for the U.S. market, given it has the largest amount of existing nuclear reactors in the world," Giordano told clients. Nuclear plants with the equivalent of 85 gigawatts of capacity are in various stages of shutdown across the U.S. and Europe, according to TD Cowen.

Persons: TD Cowen, Cowen, Joe Giordano, " Giordano, Flowserve, Giordano Organizations: Flowserve, Constellation Energy, U.S Locations: Michigan, Pennsylvania, Europe

High risk of natural disaster and extreme heat For two decades, they’ve also been some of the most popular places to move as Americans have flocked to the South and West. Much of Vermont, which is not highlighted as high risk in the maps above, saw devastating flooding last year following a record-breaking storm. Jacksonville Tallahassee Gainesville Daytona Beach Orlando Tampa HIGH HURRICANE WIND RISK Sarasota The Tampa metro area has been one of the fastest growing in the country. Many of these new residents have settled in coastal communities that are at high risk for hurricanes. Dallas-Fort Worth sits in an area at high risk for serious thunderstorms, hailstorms and tornadoes.

☆ Hurricane Helene: Now comes the hard work of recovering
▼ + stars: | 2024-09-29 | by ( Steve Almasy | ) edition.cnn.com time to read: +18 min

Kathleen Flynn/Reuters Boats displaced by Hurricane Helene sit in front of homes in Treasure Island, Florida, on Saturday. Joe Raedle/Getty Images Hurricane Helene is seen in a satellite photo Thursday afternoon. He was briefed Sunday by Federal Emergency Management Agency Administrator Deanne Criswell and Homeland Security Adviser Liz Sherwood-Randall on recovery efforts from Hurricane Helene. Heavy rains from hurricane Helene caused record flooding and damage on September 28 in Asheville, North Carolina. Workers clear Cane Creek Road in the aftermath of Hurricane Helene on September 29 in Fairview, North Carolina.

Persons: Joe Biden, “, Meredith Keisler, Keisler, ”, Krista Cortright, Cortright, ” Cortright, Hurricane Helene, Gerald Herbert, Melissa Sue Gerrits, Sean Rayford, Elmira Glover, Kathleen Flynn, Helene, Joe Raedle, Marco Bello, Jonathan Drake, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Mike Stewart, Candice Ocvil, Jibri Tolen, Erik S, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante, Michael Callahan, Duke, ” Callahan, –, Avril Pinder, Craig Fugate, William Ray, ” Fugate, ” Cooper, Biden, Brian Kemp, Roy Cooper, Deanne Criswell, Liz Sherwood, Randall, Criswell, Donald Trump, ” Trump, “ It’s, It’s, Ken Graham, Esther Manheimer, ” Manheimer, Michelle Coleman, CNN she’s, Coleman, ” Coleman, Gary O’Dell, he’s, I’ve, ” CNN’s Robert Shackelford, Sarah Dewberry, Rafael Romo, Jade Gordon, Ashley R, Williams, DJ Judd, Sunlen Serfaty, Lauren Mascarenhas, Eric Levenson, Isabel Rosales, Taylor Galgano, Sara Smart, Conor Powell, Caroll Alvarado, Caroline Jaime, Emma Tucker, Artemis Moshtaghian, Afshar, Raja Razek Organizations: CNN, White House, ” Workers, Hurricane, Getty, Reuters, USA, Tampa Bay Times, AP, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA, Buncombe County , North Carolina –, Emergency, ”, Sunday, Georgia Gov, North Carolina Gov, Federal Emergency Management, Homeland, Weather, National Weather Service, Workers, WLOS, Asheville Dream Center Locations: North Carolina, South Carolina, Georgia, Florida, Tennessee, Virginia, Carolinas, Asheville, Marion, Western North Carolina, Hurricane, Steinhatchee , Florida, , North Carolina, Asheville , North Carolina, Treasure Island , Florida, Horseshoe Beach , Florida, Boone , North Carolina, Valdosta , Georgia, AFP, Laurel, Vilas , North Carolina, Crystal River , Florida, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Port Saint Joe , Florida, Bay Lake , Florida, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Artemisa province, Cuba, Panacea , Florida, Puerto Juarez, Cancun, Mexico, Clearwater , Florida, Buncombe County , North Carolina, ”, Washington, North Carolina , Tennessee, Rehoboth Beach , Delaware, Florida , Georgia, Alabama, Bend, Alabama , Tennessee, Erie , Pennsylvania, West Virginia, Kentucky, Baltimore, Fairview , North Carolina, Vietnam

He was rushed to a hospital emergency room and then discharged to the care of his son, Brandon Bracciale, who lives inland. Stephen Bracciale and Brandon Bracciale. NBC NewsBack at the house, Stephen Bracciale’s 72-year-old wife, Debra, is stranded, too — with no running water. The couple’s car is submerged in floodwaters, Stephen Bracciale said, so driving to any place that sells water isn’t an option. Despite everything he’s been through, Bracciale said he’s in good spirits.

Persons: — Stephen Bracciale, Pete, Bracciale, Brandon Bracciale, Pete Beach, Stephen Bracciale hasn’t, “ We’ve, ” Brandon Bracciale, Stephen Bracciale, Stephen Bracciale’s, Debra, ”, he’s, “, I’ve, ” Marissa Parra, Elizabeth Chuck Organizations: NBC Locations: CLEARWATER, Fla, —, St, Pete Beach , Florida, Tampa, Clearwater , Florida, New York

☆ Photos: Hurricane Helene leaves flooding and destruction across the southeastern U.S.
▼ + stars: | 2024-09-28 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

David Hester inspects damages of his house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. Hurricane Helene is ravaging communities across the southeastern United States as mass flooding and brutal winds descend on Florida, Georgia, North Carolina, South Carolina and Tennessee. As of Saturday, the Category 4 storm had killed at least 52 people, according to the Associated Press. Evacuations began before the storm made landfall and have been ongoing in the days since. Here are photos of some of the wreckage left in the wake of Helene:

Persons: David Hester, Hurricane Helene, Joe Biden, Kamala Harris, Helene Organizations: Associated Press Locations: Horseshoe Beach , Florida, United States, Florida , Georgia, North Carolina, South Carolina, Tennessee

☆ Pregnant mom of two is ‘completely trapped’ in her North Carolina home
▼ + stars: | 2024-09-28 | by ( Jay Croft | Isabel Rosales | ) edition.cnn.com time to read: +7 min

Asheville, North Carolina CNN —No power. These are the conditions some North Carolina residents face amid the worst of the flooding caused by tropical depression Helene. Jennifer Replogle, a pregnant mother of two young children, is “completely trapped” at her home above Boone in Tater Hill, North Carolina, elevation 4,200 feet, where severe flooding from tropical storms is not the norm. Melissa Sue Gerrits/Getty ImagesHelene “is one of the worst storms in modern history for parts of North Carolina,” Gov. The storm has exposed other North Carolina residents to life-or-death situations.

Persons: Helene, Jennifer Replogle, ”, Replogle, ” Replogle, Melissa Sue Gerrits, Helene “, Roy Cooper, Sofia Grace Kunst, ” Kunst, “, Matt Lewis, ” Lewis, Patrick McNamara, McNamara, ” McNamara, it’s, “ We’re, Yancey, McDowell Organizations: North Carolina CNN, North, ”, Department of Transportation, CNN, Kunst, Asheville Locations: Asheville, North Carolina, Boone, Tater Hill, Watauga County, Watauga, Florida, Boone , North Carolina, Yancey County, Tennessee, Western NC, Sofia, Black, Kunst, McDowell County

☆ Utilities are the hottest part of the stock market right now, on track for their best year since 2000
▼ + stars: | 2024-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Utility stocks this year have mounted a rally unseen in more than two decades. In the third quarter, utilities are the best out of 11 sectors that comprise the S & P 500, climbing 18%. As a group, utilities are poised to score their largest quarterly gain since George W. Bush was president in 2003. If that holds through yearend, utilities will see their biggest annual advance since 2000, when they surged more than 50%. "Utilities are the hottest sector in the market currently," Wolfe Research Rob Ginsberg said in a note to clients in August.

Persons: George W, Bush, Wolfe, Rob Ginsberg, hasn't, It's, buildout, Ginsberg, Subramanian, Wells Fargo, Christopher Harvey, Harvey, LSEG Organizations: Utilities, Federal Reserve, Bank of, Nasdaq, Bank of America, Constellation Energy, CenterPoint Energy Locations: yearend, The Texas, Houston

☆ Patients and staff were stranded at a flooded Tennessee hospital
▼ + stars: | 2024-09-27 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

More than 50 people were stranded Friday at an eastern Tennessee hospital due to fast-rising water and high winds, after several attempts to airlift them failed during a dangerous rescue operation, Ballad Health officials said. The high winds and water levels prevented helicopter crews from airlifting patients and staff from Unicoi County Hospital in Erwin, Tennessee, hospital officials said. “The situation at the hospital is very dangerous,” Ballad Health said on X, adding the Tennessee Emergency Management Agency and National Guard were engaged “in what can only be described as a dangerous rescue operation.”Patients and staff members are evacuated from Unicoi County Hospital on Friday. County leaders in Unicoi initially deployed ambulances but unusually high flooding prevented medics from safely approaching, Ballad Health said. The Tennessee Emergency Management Agency has been working with local emergency management agencies to deploy boats for hospital evacuations, but water surrounding and entering the building became dangerous and impassable.

Persons: Regan Tilson, “ We’ve, ”, Patrick Sheehan, Hurricane Helene Organizations: Health, Tennessee Emergency Management Agency, National Guard, Erwin, TEMA, Virginia State Police, Emergency Management Agency Locations: Tennessee, Unicoi, Erwin , Tennessee, Georgia

Susan Grant, 63, whose home in Steinhatchee was damaged by Hurricane Helene. Daniella Silva / NBC NewsWhile thankful she still had a home to return to, her longtime workplace and local landmark, Crabbie Dad's Bar & Grill, was flattened to the ground. It’s sad that we’ve had to endure this much in one year.”A scene of devastation in Steinhatchee, Fla., on Friday. Daniella Silva / NBC NewsThe street in front of Gary Keen’s house was unrecognizable Friday after the surge retreated, leaving behind layers of branches, seaweed and other plant debris. A scene of devastation at Roy’s restaurant in Steinhatchee, Fla., on Friday.

Persons: Hurricane Helene, we’ve, ”, Susan Grant, Daniella Silva, ” Grant, Helene, Grant, Idalia, they’ve, it’s, Gary Keen’s, Keen, “ I’m, Paul Nawlin, Ron Bloom, First Baptist Church Steinhatchee, Hurricane Idalia, “, they’re, Alicia Victoria Lozano Organizations: — Residents, NBC, National Hurricane Center, First Baptist Church Locations: Fla, Hurricane, Steinhatchee, Florida, Roy’s, Los Angeles

☆ The U.S. wants to triple nuclear power by 2050. America's coal communities could provide a pathway.
▼ + stars: | 2024-09-27 | by ( Spencer Kimball | Gabriel Cortés | Gabriel Cortés Is A Data Visualization Journalist For Cnbc. | ) www.nbcnews.com time to read: +7 min

The U.S. needs to add 200 gigawatts of nuclear, Goff told CNBC in an interview. “A lot of the data centers are coming in and saying they do need firm, 24/7, baseload clean electricity,” Goff said. But restarting reactors in the U.S. will only provide a small fraction of the nuclear power that is needed, he said. From coal to nuclearCoal communities across the U.S. could provide a runway to build out a large number of new nuclear plants. Between coal and nuclear sites, the U.S. potentially has space for up to 269 gigawatts of additional nuclear power.

Persons: Mike Goff, Goff, “, ” Goff, Goldman Sachs, ”, “ It’s, Doug True Organizations: of Nuclear Energy, Department of Energy, U.S, CNBC, Bank of America, Microsoft, DOE, Holtec, Palisades, Nuclear Regulatory Commission, Nuclear Energy Institute Locations: U.S, New York City, Georgia, Michigan

Otis Keys II, 41, The Colony, Texas UPS driver grappling with smaller average paychecks despite a new union contract. When Otis Keys II hit top-level pay for his role at UPS in 2019, he expected to start checking items off his financial bucket list. That’s not what happened, even after the Teamsters union he belongs to negotiated a historic new contract last summer. “There’s a lot of guys that actually had to take a hard layoff and sit home.”Primary source of income: Keys drives full time for UPS. A UPS spokesperson said feeder drivers “are the best compensated in the industry” and “their total pay and benefits package is valued at nearly double our competitors’.”Otis Keys II is a feeder truck driver at UPS.

Persons: Otis Keys, Kamala Harris, —, “, ”, Keys, he’s, Kara Deniz, ” Otis Keys, ” Keys, “ I’m, that’s, ’, “ sneakerholic, “ I’ve, Tesla, Elon Musk, Trump, Trump “, Harris Organizations: NBC, UPS, Teamsters, Fort, Texas, The, Utilities, Dallas, Democratic, Trump, Republican Locations: Colony, Texas, The, Dallas, Fort Worth, U.S, Arlington, New York, America, Tx, “

Hurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Damage is exponential as wind speed increases, meaning a strong Category 3 storm could do up to 60 times as much damage as a weak Category 1 storm. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.

Persons: Helene Organizations: Hurricanes, Simpson Locations: Perry , Florida, Big Bend, “

☆ These are September’s top-performing S&P 500 stocks. Where analysts see them going next
▼ + stars: | 2024-09-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Most analysts think that September's top-performing stocks could continue their ascent. September is a traditionally dicey for stocks: It's the worst month of the year for the S & P 500 , according to the Stock Trader's Almanac . With October right around the corner, CNBC Pro used FactSet data to screen for this month's top-performing stocks in the S & P 500 and find out where analysts see them going next. Constellation Energy is up more than 30% on the month, making it September's second-highest performer in the S & P 500. Power company Vistra has surged nearly 196% in 2024, and it's the top performer in the S & P 500 this month.

Persons: Morgan Stanley, David Arcaro, Vistra, Jefferies, Julien Dumoulin, Smith, Raymond James, Brian Gesuale Organizations: Federal, Dow Jones, CNBC Pro, Analysts, Constellation Energy, Microsoft, Constellation, Energy, Software, Palantir Technologies, Oracle, Delta Air Lines Locations: Thursday's

A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia. The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts of power. The U.S. needs to add 200 gigawatts of nuclear, Goff told CNBC in an interview. "A lot of the data centers are coming in and saying they do need firm, 24/7, baseload clean electricity," Goff said. But restarting reactors in the U.S. will only provide a small fraction of the nuclear power that is needed, he said.

Persons: Mike Goff, Goff, Goldman Sachs Organizations: American Electric Power, of Nuclear Energy, Department of Energy, U.S, CNBC, Bank of America, Constellation Energy, Microsoft Locations: Winfield , West Virginia, U.S, New York City

NASA/ReutersHurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Category 3: 111-129 mphNow in “major hurricane” territory, wind damage is much more widespread. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.

Persons: Helene churns, Helene Organizations: NASA, Reuters, Hurricanes, Simpson Locations: Florida, Perry , Florida, Big Bend, “

☆ Sam Altman is way more interested in AI's next chapter than upheaval at OpenAI
▼ + stars: | 2024-09-26 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Read previewSam Altman might be facing upheaval at OpenAI, but that isn't stopping him from discussing his grand plans for the company's next stage. 'Better everything'"The two trends I'm most excited about for the next couple of decades are abundant intelligence and abundant energy," Altman told the audience. The growth, the increase in quality of life we can have in the world — better sustainability, better education, better healthcare, better everything," he added. AdvertisementIt's not the first time Altman has talked up the glorious future that AI — and by extension, OpenAI — may usher in. AdvertisementAltman has previously called for massive investment in AI infrastructure, warning that making AI technology widespread would require "lots of energy and chips."

Persons: —, Sam Altman, Altman, Mira Murati, Murati, John Elkann, cofounders Ilya Sutskever, John Schulman, Elon Musk, OpenAI, Altman's Organizations: Service, Italian Tech, Business, Google, Elon, Bloomberg, Energy Locations: OpenAI, Italy

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