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☆ Hurricane Milton morphed into a Category 5 in 2 days. Take a look at the storm's rapid evolution from space.
▼ + stars: | 2024-10-08 | by ( Jessica Orwig | Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Hurricane Milton, now a Category 4, is expected to hit Florida's west coast Wednesday. Hurricane Milton rapidly intensified to a Category 5 storm on Monday, leading Florida Gov. AdvertisementNOAA's GOES-16 satellite is tracking Hurricane Milton from space. Hurricane Milton underwent an explosive intensification within 48 hours from a tropical storm to a Category 5. By Tuesday morning, Hurricane Milton had lost some of its strength and is now a Category 4.

Persons: Milton, —, Hurricane Helene, Hurricane Milton, Ron DeSantis, Hurricane Wilma, Hurricane Felix, Stephanie Zick, Zick, Matthew Rosencrans, that's, Rosencrans Organizations: Service, Florida Gov, National Hurricane Center, NOAA, Milton, Hurricane, Virginia Tech's Department of Geology, Astronauts, Space, Hurricane Milton, NHC Locations: Milton, Gulf of Mexico, Hurricane, Florida, Charlotte, Hillsborough, Manatee, Gulf, Mexico, Tampa, Tampa Bay

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Microsoft, Wells Fargo, Disney, Apple, First Solar & more
▼ + stars: | 2024-10-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We reiterate our Overweight rating on the name as NVDA remains our Top Pick." JPMorgan reiterates Charles Schwab as overweight JPMorgan raised its price target on the stock to $86 per share from $78. "We are initiating coverage of Morningstar (MORN) with a Buy rating and a $390 price target. Wells Fargo reiterates Tesla as underweight Wells says it remains "skeptical" heading into Tesla's robotaxi day later this week. "We are initiating coverage of MBX Biosciences with an Overweight rating and Dec 2025 price target of $30."

Persons: Cantor Fitzgerald, Cantor, TD Cowen, Cowen, Wolfe, Wells, Bernstein, Oppenheimer, Goldman Sachs, Milton, Irma, JPMorgan, Charles Schwab, Morningstar, Redburn, Goldman, Tesla, TSLA, Key, Affirm's, it's, Morgan Stanley, it's bullish, Abbott, Susquehanna, KeyBanc Organizations: Anheuser Busch InBev, InBev, Humana, STARS, Microsoft, Disney, JPMorgan, UBS, Biotech, Legend Biotech, Barclays, Optimus, Qualcomm, Express, American Express, Netflix, Bicara Therapeutics, Abbott Labs, Howmet Aerospace, Commercial Aerospace & Defense, Bank of America, Apple, MBX Biosciences, Delta, Argus, McDonald's Corp Locations: China, Wells Fargo, F4Q17, 1H26, Tesla's

☆ Airbus' game-changing A321XLR will enter service soon. These airlines have already announced routes with the new plane, including 3 to the US.
▼ + stars: | 2024-10-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Airlines, including Iberia, Wizz Air, and Aer Lingus, have announced their first A321XLR routes. Irish carrier Aer Lingus said in October that it will launch its first A321XLR flight between Dublin and Nashville in April. The eight-and-a-half-hour route is a niche nonstop for the industry, with Aer Lingus as the only operator. Related storiesOther potential A321XLR routesWhile only a handful of A321XLR routes are officially on the books, many previously unserved city pairs could fit the bill, airlines have said. Qantas' list of potential A321XLR routes includes routes like Brisbane to Tokyo, Perth to the Maldives, and Melbourne to Bangkok.

Persons: —, Wizz's, Thomas Pallini, America — Organizations: Airbus, Airlines, Aer Lingus, Service, Airbus A321XLR, Spanish, Iberia, Boston, Washington Dulles, Wizz, London, United, Irish, Nashville, Saudia, Business, JetBlue Airways, JetBlue Airways Airbus, Australia —, Qantas, Jetstar, JetSMART Locations: Iberia, Wizz, Madrid, Washington, London Gatwick, Jeddah, Saudi Arabia, Milan, Abu Dhabi, United Arab Emirates, Dublin, Barcelona, Rome, Brussels, Maldives, Dakar, Senegal, New York, Boston, Los Angeles, San Francisco, Europe, Aer, United, Las Vegas , Houston, Australia, Asia, Brisbane, Tokyo, Perth, Melbourne, Bangkok, South, America, Chile, Miami

☆ Want to get into the AI industry? Head to Abu Dhabi.
▼ + stars: | 2024-10-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

The UAE's AI minister believes we'll have "centers and nodes of excellence across the world." Last year, the country's wealthiest emirate, Abu Dhabi, launched Falcon — its first open-source large language model. Abu Dhabi's ruling family also controls several of the world's largest sovereign wealth funds, including the Abu Dhabi Investment Authority and Mubadala Investment Company, a founding partner of MGX. In 2010, New York University launched a branch in Abu Dhabi that has since developed a focus on AI. Its "true strengths lie in the leadership's strategic vision, substantial investments in AI research and compute capacity, and government-led initiatives in industry.

Persons: we'll, —, Omar Sultan Al Olama, Al Olama, Abu Dhabi's, PwC, It's, Mohamed bin, Abu Dhabi, Nancy Gleason, Mohamed Organizations: United, United Arab Emirates, Service, Stanford's Center, Atlantic Council, International Trade Administration, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Atlantic, New York University, University of Artificial Intelligence, Intelligence, NYU Abu Locations: United Arab, Silicon Valley, Malta, Paris, United Arab Emirates, UAE, Silicon, Abu Dhabi, United States, China, Dubai, University, Abu, NYU Abu Dhabi

☆ How the source of your tissues is fueling wildfires thousands of miles away
▼ + stars: | 2024-10-08 | by ( Vasco Cotovio | ) edition.cnn.com time to read: +9 min

Certain toilet paper, tissue and office paper brands are made with materials from eucalyptus trees, a non-native species to Portugal. CNN PortugalThe problem is eucalyptus trees are particularly flammable. The eucalyptus tree is native to Australia and provides food and shelter to koalas, among other wildlife. As the Portuguese paper and timber industries grew in the mid-1900s, so too did eucalyptus plantations, and the species now covers nearly 2 million acres. In California, the eucalyptus tree has been naturalized, meaning it now grows beyond the places it was planted.

Persons: it’s, Patricia De Melo, Patricia De Melo Moreira, Domingos Patacho, Brais Lorenzo, Patacho, Henrique Pereira dos Santos, de Santos, Juan Manuel Castro Prieto, Luís, Sarabando, Octavio Passos, Jose Sarmento Matos, “ Organizations: Lisbon CNN —, CNN, Firefighters, Getty, AFP, National Park Service, Bloomberg, Northwestern, Agence, Vouga Forestry Association, Navigator Locations: Lisbon, Portugal, Europe, Albergaria, CNN Portugal, Australia, Portuguese, ”, California, Velha, Agueda, Northwestern Portugal, Greece, Italy, Finland, Constancia, Abrantes, United States, New York City, Arouca

☆ Shares of generator maker soar, insurance stocks fall as Hurricane Milton intensifies
▼ + stars: | 2024-10-07 | by ( Spencer Kimball | Yun Li | ) www.nbcnews.com time to read: +1 min

Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is forecast to move north of the Yucatan Peninsula on Monday and Tuesday before crossing the Gulf of Mexico to approach the west coast of Florida by Wednesday, according to the National Hurricane Center. Hurricane Milton comes on the heels of Hurricane Helene, which killed more than 220 people and wrought devastation across the Southeast, particularly in North Carolina. Insurance stocks that have weather catastrophe exposure, meanwhile, are falling on potential insured losses tied to Hurricane Milton. Allstate, Travelers and Chubb saw their shares fall more than 3%, while Progressive and AIG all declined more than 1%.

Persons: Hurricane Milton, Generac, Hurricane Helene, Chubb, Milton, Joshua Shanker Organizations: Generac Holdings, Hurricane, National Hurricane Center, North Carolina . Insurance, Hurricane Milton, Allstate, Travelers, Progressive, AIG, Universal Insurance, Bank of America, Colorado State University, Research Locations: Hurricane, Yucatan, Mexico, Florida, Tampa, North Carolina, Fort Lauderdale , Florida

Hurricane Milton is expected to continue to develop rapidly as it soaks up its natural fuel, warm water in the Gulf of Mexico. It could be pushing out sustained winds of 145 mph by them, according to its projections, making it a Category 4 hurricane. Rain, strong winds and possible storm surges were expected to begin Tuesday night along Florida’s west coast, according to NBC News meteorologists. Up to 8 inches of rain was forecast, with storm surges of 6 feet and more possible for coastal cities, they said. By late afternoon Saturday, Tropical Depression 14 had become Tropical Storm Milton, according to the National Hurricane Center.

Persons: Milton, Hurricane Helene Organizations: National Hurricane Center, NBC, NBC News, Hurricane Milton Locations: Gulf of Mexico, Florida, Mexico, Cuba, Tampa, Naples, Orlando, Daytona Beach , Sarasota, Fort Myers, Southeastern, Hurricane, Florida's Big Bend, Caribbean, Gulf's, Campeche, Mexico’s Yucatán, Progreso

The terror attack has helped push the Middle East to the brink of a wider regional war. One year after the massacre, the Middle East has only plunged deeper into violence and is on the brink of a broader war. Globally, the immediate concern is that oil supplies will diminish significantly should conflict spill over to the rest of the Middle East. Everyone but Biden can see this," wrote Andrew Exum, a former US deputy assistant secretary of defense for Middle East policy, in The Atlantic last week. The global economy on edgeWhen the conflict began a year ago, there were fears that wider conflict in the Middle East could impact the global economy.

Persons: —, Israel, Chuck Frielich, Frielich, Yemen's Houthi, Mohammed Hamoud, barraged, Ammar Safarjalani, Ismail Haniyeh, Haniyeh, Fuad Shukr, Hasan Nasrallah, Qasem Soleimani, JOSEPH EID, JALAA MAREY, Nasrallah, bode, Benjamin Netanyahu, Carmel Gat, Netanyahu, Joe Biden, Biden, Andrew Exum, Brent, Vladimir Putin Organizations: Service, Israel Defense Forces, Hamas, Iranian Revolutionary Guard Corps, The Washington Institute for Near East, Getty Images Iran, Getty, Israel's, United Nations General Assembly, Citigroup, Iranian, US, Middle, Business, Bank of Israel, Reuters, IMF Locations: Israel, Iran, Gaza, Suez, Aden, Red, Palestine, Syria, Damascus, Xinhua, Tehran, Beirut, Haniyeh, Shukr, Lebanon, AFP, Hezbollah's, United States, Ukraine

Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.

Persons: —, Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park

☆ See the Ocean Heat Fueling Hurricane Milton, in One Chart
▼ + stars: | 2024-10-07 | by ( Raymond Zhong | Mira Rojanasakul | ) www.nytimes.com time to read: +3 min

Source: Brian McNoldy; University of Miami Upper Ocean Dynamics LabSee the Ocean Heat Fueling Hurricane Milton, in One ChartThe energy that supercharged Hurricane Milton into a Category 5 storm on Monday came from the waters of the Atlantic Ocean, which have been abnormally warm not just at the surface, but at depth, too. The seas absorb most of the extra heat that carbon dioxide and other greenhouse gasses trap near Earth’s surface. So the same human-caused forces that have been bringing abnormal heat to towns, cities and landscapes are helping to warm the oceans. Ocean heat content is a metric that captures the amount of thermal energy stored from the sea surface down through the ocean depths. “It’s felt like an entire hurricane season has taken place over the past few weeks,” Dr. Wood said.

Persons: Jan, Brian McNoldy, Milton, Helene, Kim Wood, “ It’s, ”, Wood Organizations: University of Miami Upper Ocean Dynamics, Hurricane Milton, National Centers for Environmental, University of Arizona Locations: Gulf of Mexico, Gulf, Mexico, Milton, Asheville, N.C

☆ I paid $1,100 to upgrade my flight to upper class. It was great, but a few drawbacks made me hesitant to splurge again.
▼ + stars: | 2024-10-07 | by ( Emma Kershaw | ) www.businessinsider.com time to read: +1 min

I spent $1,100 to fly upper class with Virgin Atlantic from Manchester, England, to New York. While looking at ticket prices, I noticed Virgin Atlantic, deemed one of the world's top 20 airlines, had a deal to fly upper class for $1,100. The Virgin Atlantic upper-class tickets I've seen usually cost considerably more — I've seen them as pricey as $8,000 — so I snapped up the deal. My original flight cost $865, with a premium-economy ticket from New York to Manchester and an economy ticket from Manchester to New York. AdvertisementHere's what flying upper class on Virgin Atlantic was like.

Persons: — Organizations: Virgin Atlantic, Service, Virgin Locations: Manchester, England, New York, New York City

As a matter of fact, arrivals quadrupled from the last year of President Trump. Walz says Harris told him to be more careful with his wordsLater, it also featured Harris’ running mate, Minnesota Gov. Trump sat down with “60 Minutes” correspondent Lesley Stahl in October 2020 and abruptly ended the interview when he apparently objected to Stahl’s questions. Trump told reporters in Wisconsin last week that he’d “like to get an apology” for that interview before sitting down for another one. “If he is not going to give your viewers the ability to have a meaningful, thoughtful conversation, question and answer with you, then watch his rallies,” Harris told Whitaker.

Persons: Kamala Harris, she’d, nominee’s, Harris, Alex Cooper, ABC’s, Howard Stern, Stephen Colbert, she’s, Donald Trump, Harris ’, Joe Biden’s, should’ve, Biden, tanking, Trump, Bill Whitaker, It’s, ” Harris, ”, Putin Harris, Vladimir Putin, “ Putin, Volodymyr Zelensky, “ I’ve, Ukraine –, Ripon , Wisconsin –, Liz Cheney, Cheney, she’ll, ’ —, would’ve, ‘, ’ ” Cheney, “ That’d, “ She’s, ” Cheney, Walz, Tim Walz, ‘ Tim, ” Walz, Scott Pelley, Lesley Stahl, Whitaker, “ You’re, ” CNN’s Aaron Pellish Organizations: CNN, Democratic, CBS, “, UN, Atlantic Treaty Organization, White, Ukraine, Republican Party, Wyoming, Trump, Capitol, Minnesota Gov, Republicans, Fox News Locations: Russia, Ukraine, Univision, “ Ukraine, Kyiv, “, Ripon , Wisconsin, Hong Kong, Tiananmen, Lago, Wisconsin

☆ Hurricane Milton is a Category 5. Florida orders evacuations and scrambles to clear Helene's debris
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +2 min

A hurricane warning was issued for parts of Mexico's Yucatan state, and much of Florida's west coast was under hurricane and storm surge watches. It had maximum sustained winds of 160 mph (257 kph), the National Hurricane Center said. Its center could come ashore Wednesday in the Tampa Bay area, and it could remain a hurricane as it moves across central Florida toward the Atlantic Ocean. That would largely spare other states ravaged by Helene, which killed at least 230 people on its path from Florida to the Appalachian Mountains. The Tampa Bay area is still rebounding from Helene and its powerful surge.

Persons: Milton, Hurricane Helene, Jane Castor, Nature, Helene Organizations: Tampa, National Hurricane Center Locations: Gulf of Mexico, Florida, Tampa Bay, Hurricane, Mexico's Yucatan, Florida's, Okeechobee, Progreso, Mexico, Tampa, St, Petersburg, Clearwater

☆ 23andMe is floundering. Here is how to delete your data.
▼ + stars: | 2024-10-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Here is how to delete your 23andMe data. A data breach notification filing in January said it took 23andMe five months to realize hackers had stolen the data. Here's how to ask 23andMe to delete your dataUsers who want their personal information removed from 23andMe can opt-out in the "23andMe Data" section in Account Settings. For users who participated in 23andMe Research, their genetic data and self-reported information won't be used in future research projects. "Deleting an account and associated data will permanently delete the data associated with all profiles within the account.

Persons: —, 23andMe, 23andMe's, Anne Wojcicki, Steve Jennings, Wojcicki, James Hazel Organizations: Service, 23andMe, Reuters, Company, Getty, Street Journal, SEC, Electronic Frontier Foundation, Research Locations: Crunchbase

☆ False claims about the federal response to Helene are an ominous sign for the coming election
▼ + stars: | 2024-10-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —False claims about the federal response to the historic devastation left by Hurricane Helene are spreading out of control on social media, hampering recovery efforts in hard-hit areas, according to local officials. Elon Musk, the X owner who has endorsed Trump, has repeatedly posted rumors and innuendo denigrating the federal government’s response to Helene. Most of the misinformation is brazenly political, portraying President Joe Biden and Harris as incompetent in an attempt to help Trump win reelection. Some of the most-shared lies on social media have involved FEMA’s response. “Republican elected officials keep rebutting the BS, and MAGA does not care,” conservative columnist David French said in a social media post Saturday.

Persons: Hurricane Helene, Biden, Donald Trump, Kamala Harris, ” Tim Alberta, Elon Musk, Trump, Helene, Joe Biden, Harris, Kerry Giles, ” Giles, ” Trump, “, MAGA, David French, ” Mike Rothschild, ”, Appodlachia, Billy Ball Organizations: New, New York CNN, Hurricane, FEMA, The Atlantic, Trump, Republican, CNN, “ Republican, Facebook, North Locations: New York, Georgia, North Carolina, Rutherford County , NC, Lake Lure, “, U.S

☆ A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
▼ + stars: | 2024-10-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +11 min

Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company's LC-36 facility in Florida. Blue OriginDave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire's space venture. "Jeff felt that [Blue Origin] needed manufacturing expertise; it needed decisiveness; it need a little bit of energy," Limp said. CEO Dave Limp, third from the left, with Blue Origin employees at the company's New Glenn facility in Florida. In the mission's place, Blue Origin will fly a demonstration of its spacecraft Blue Ring on the first New Glenn launch.

Persons: Dave Limp, Jeff Bezos, Jeff, Limp, Bezos, It's, I'm, New Glenn, Allen Parker, Jennifer Pena, Leanos, Ian Richardson, Tim Collins, it's, Origin's, ULA, Paul Hennessy, Glenn, We've, Starliner, Shepard, Blue, let's Organizations: Glenn, Florida ., Amazon, CNBC, Blue, SpaceX, United Launch Alliance, Lab, Firefly Aerospace, Company, NASA, Amazon Devices, Flexport, Vulcan, Cape Canaveral Space Force, Anadolu, Getty, New Glenn, Falcon, Shepard, National Security, Washington , D.C Locations: Florida, New, Mars, Seattle, Kent , Washington, Texas , Florida, Alabama, ULA, West Texas, Cape Canaveral , Florida, Glenn, Washington ,, Huntsville , Alabama, Cape Canaveral , Texas

Hezbollah has also been accused of obstructing the election of a new president, leaving Lebanon leaderless for the past two years. A pro-Iranian Hezbollah supporter holds up a poster of assassinated Hezbollah leader Hassan Nasrallah in Beirut, on Thursday. While some Lebanese believe Hezbollah hijacked Lebanon’s political system, it also held it up. Lebanon has already suffered a year of lower-level fighting between Israel and Hezbollah along its southern border. But Lebanese political leaders are still relishing Hezbollah’s decline, he said, even some among the group’s Shia Muslim co-religionists.

Persons: Hassan Nasrallah, ” Fouad Siniora, ”, Rafik Hariri, Marwan Naamani, Sarah Zaaimi, Firas Maksad, “, ” Maksad, Nabih Berri, Jeffrey Feltman, Berri, Israel –, ” Ibrahim Moussawi, —, Siniora Organizations: NBC News, United, Getty, Hezbollah, Hariri, & Middle, Middle East Institute, WikiLeaks, Security, Keystone, —, The Washington Institute Locations: BEIRUT, Lebanon, Israel, Beirut, Iran, United Nations, Lebanese, Syria, AFP, Washington, U.S, Paris, Tehran, Riyadh, Jerusalem, “

A scorching streak in Phoenix has set new daily records for 10 straight days during an October heat wave sweeping much of the West. The forecast calls for this streak of broken records to potentially reach up to 16 days in a row. The current record at a U.S. climate station for the number of consecutive daily record highs is 14 from Burlington, Iowa, recorded during the Dust Bowl in 1936. Dozens more October monthly record highs were set Thursday in states such as Kansas and Nebraska. The National Hurricane Center also continues to watch Hurricane Kirk and Tropical Storm Leslie in the open Atlantic, though neither pose any threat to land.

Persons: Hurricane Helene, Kirk, Tropical Storm Leslie Organizations: National Weather Service, NWS, Southwest, Rockies, National Hurricane Center, Daytona, West Palm Beach, Tropical, Hurricane Iota Locations: Phoenix, U.S, Burlington , Iowa, Kansas, Nebraska . California, Hanford, Stockton, Fresno, Plains, Midwest, Gulf, Mexico, Florida, Tampa, Sarasota, Naples, West Palm, Caribbean, Gulf of Mexico, Atlantic

☆ I travel often with my 5 kids, and it's rarely easy. A scheduling mistake on a trip to Canada almost broke us.
▼ + stars: | 2024-10-04 | by ( Victoria Marie Lees | ) www.businessinsider.com time to read: +5 min

On a trip to Canada, my family missed an important ferry ride, messing up our travel plans. Before we leave home, we usually have several destinations, campground reservations, and various activities in place. On our trip to Newfoundland, we ran into some serious trouble and needed to recalculate our schedules. The campground owner was sweeping the floor of the store. Include extra days into your itinerary when travelingBecause of our difficult Newfoundland trip, we've readjusted our planning for family vacations.

Persons: —, Saint, Saint Lawrence Seaway —, we've Organizations: Service, Saint Lawrence Seaway, Marine Locations: Canada, Newfoundland, New Jersey, Nova Scotia, —, Deer, Saint Lawrence

☆ Stellantis files federal lawsuit against UAW union over strike threats
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

A supermajority of UAW members at Stellantis' Los Angeles Parts Distribution Center voted to request strike authorization from the International Executive Board if the company and union can't reconcile, the union said Friday morning. The lawsuit argues that if the union does strike, the court "should award Stellantis monetary damages" that result from a breach of contract. UAW President Shawn Fain has routinely said the union will strike if needed, however Stellantis has argued that would be unlawful under the contract. The lawsuit came the same day Fain and union members held their latest rally against Stellantis in suburban Detroit. Stellantis, in the lawsuit, called the grievances a sham designed to "justify mid-contract strikes against Stellantis that otherwise would violate the [contract's] no strike clause."

Persons: Carlos Tavares, Tobin Williams, Stellantis, Shawn Fain, Kamala Harris, Tim Walz, Fain, it's, it's Stellantis Organizations: Stellantis NV, UAW, Parts Distribution, International, North, DETROIT, United Auto Workers, Atlantic, CNBC, U.S, Democratic, Central District of, Stellantis Locations: Sochaux, France, Los, North America, California, Romulus , Michigan, U.S, Central District, Central District of California, Detroit

The National Hurricane Center is monitoring two more tropical cyclones growing stronger in the Atlantic on Thursday. Hurricane Kirk and Tropical Storm Leslie currently pose no direct threat to land, but threaten to bring more rain to regions already reeling in the aftermath of Hurricane Helene. The NHC classifies this system as a major hurricane, with maximum sustained winds of 125 miles per hour and a minimum central pressure of 948 millibars. It’s currently located 515 miles southwest of the southernmost Cape Verde Islands, but there are no hazards affecting land at this time. Heavy rainfall from this system is not currently expected to affect parts of North Carolina, South Carolina and Georgia that were hard-hit by Helene.

Persons: Hurricane Kirk, Tropical Storm Leslie, Hurricane Helene, Kirk, Leslie, millibars, Helene Organizations: National Hurricane Center, Tropical, NHC, Northern, Greater Locations: Hurricane, It’s, Northern Leeward, Leeward Islands, Bermuda, U.S, East, Cape Verde Islands, Gulf of Mexico, Gulf Coast, Florida, North Carolina, South Carolina, Georgia

☆ Ukraine gives the US a sweet deal with one dead Russian soldier for every $20,000 spent on drones, unit commander says
▼ + stars: | 2024-10-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

A Ukrainian drone commander says his unit can use $100 million to carry out 5,000 lethal strikes, per The Atlantic. The big takeaway was that, on average, for each $20,000 spent on his unit, Ukraine could score one kill on Russian forces. According to The Atlantic's writers, the commander's slides said that a drone unit funded with $100 million could stay on the battlefield for a full year, carrying out 5,000 lethal strikes. AdvertisementThe commander is based out of Kharkiv, according to his Telegram channel, which publishes clips of his drones attacking Russian forces and equipment. In February, Ukraine's then-military chief, Valerii Zaluzhnyi, called for a mindset shift away from a reliance on Western aid and instead toward cheap drones.

Persons: —, Karl Marlantes, Elliot Ackerman, Achilles, David Hambling, Joe Biden, Donald Trump, Vladimir Putin, Biden, Ukraine's, Valerii Zaluzhnyi, Stanislav Ivanov, Oleksandr Syrskyi, Oleksandr Kamyshin, Jake Epstein, Volodymyr Zelenskyy Organizations: Service, West, 92nd Assault Brigade, Ukraine, Capitol, Kyiv wanes, Kiel Institute, Getty Locations: Ukrainian, Ukraine, The, Russia, China, Iran, Kharkiv, Kyiv

☆ Typhoon Krathon: Two killed as slow moving storm slams into southern Taiwan
▼ + stars: | 2024-10-03 | by ( Chris Lau | Eric Cheung | ) edition.cnn.com time to read: +3 min

With winds of up to 135 kilometers per hour (85 miles per hour), Typhoon Krathon made landfall along southern Taiwan shortly after noon on Thursday, the equivalent of a Category 1 Atlantic hurricane. The other was a 70-year-old man who fell while trimming a tree during the typhoon, according to the center. A man runs amid heavy rain and powerful winds, as Typhoon Krathon makes landfall in the port city of Kaohsiung, Southern Taiwan, on October 3, 2024. Daniel Ceng/Anadolu/Getty ImagesFor several hours before making landfall, Krathon moved slowly along the southern coast. Strong winds knock down trees during Typhoon Krathon in Kaohsiung.

Persons: Krathon, Daniel Ceng, Lai Ching, Chen Chi, “, Liao Shian, ”, Julien Organizations: Taiwan CNN, Emergency Operations Center, Getty, Taiwan, Ministry of Economic Affairs, Taiwan . Schools, AFP, CNA, Getty Images University, Reuters, Philippine News Agency Locations: Taipei, Taiwan, Kaohsiung, Kaohsiung , Southern Taiwan, Anadolu, Philippines, Krathon, Tainan, Stringer

☆ There's already a queue of cargo ships backing up at US ports
▼ + stars: | 2024-10-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

AdvertisementCargo vessels (green dots) and tankers (red dots) at anchor outside Eastern US ports. AdvertisementCargo vessels (green dots) and tankers (red dots) along the Mid-Atlantic. Cargo vessels (green dots) and tankers (red dots) along the Gulf Coast. Cargo vessels (green dots) and tankers (red dots) outside Savannah, Georgia, and Charleston, South Carolina. Cargo vessels (green dots) and tankers (red dots) outside Norfolk, Virginia.

Persons: —, Andrew Coggins, Coggins, MarineTraffic.com Burt Flickinger, MarineTraffic.com, Brandon Daniels, Daniels, Taft, Hartley, Hurricane Helene Organizations: Industry, Service, International Longshoreman's Association, Reuters, Pace University, MarineTraffic.com, Strategic Resource, ILA, US Marine Alliance Locations: East, Gulf Coast, New York, Virginia Beach, Savannah, Miami , New Orleans, Houston, Gulf, Western, Savannah , Georgia, Charleston , South Carolina, Norfolk , Virginia, Hurricane

☆ Tech journalist Taylor Lorenz breaks down her Substack plans and why she's leaving legacy media for the creator economy
▼ + stars: | 2024-10-03 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +12 min

The tech journalist Taylor Lorenz is going solo and launching her own Substack publication. AdvertisementThe tech journalist Taylor Lorenz is going full creator mode, launching her own Substack publication called User Mag. "We are grateful for the work Taylor has produced at The Washington Post," a Post spokesperson said in a statement. I think Substack is doing a lot more in terms of multimedia. So there's people like that, that I'm really going to miss having access to their minds on a daily basis.

Persons: Taylor Lorenz, Lorenz, —, Vox, Joe Biden, Taylor, Eric Newcomer, Simon Owens, Matthew Yglesias, Yglesias, Peter Kafka, Seibel, He's, Mark, that's, Johnny Harris, Cleo Abram, Ryan Broderick, There's, J Aubrey, Mina Le, Hasan Piker, Kate Lindsay, I'm, Substack, haven't, Zoe Jensen, Drew Harwell, Drew, You've, Tucker Carlson, I'd, I've Organizations: Washington, BI, Service, The New York Times, Washington Post, YouTube, Fox News, The Washington, Post, Garbage, Vox, Business Locations: Substack livestreaming

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