After Hurricanes, Duke Energy Estimates $2.9 Billion in Restoration Costs

After hurricanes Debby, Milton and Helene, a leading energy producer in the South puts a price tag on replacing lost equipment and turning the lights back on in affected areas.

Business - Inc. - 7 hours ago

Hurricane Helene's damage in North Carolina estimated at record $53 billion

The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, state officials say.

Asheville Tap Water Is Restored, but Not Drinkable, After Hurricane Helene

People in the storm-hit area can resume flushing toilets and taking showers, but the water is often yellow or brown. Officials are asking for patience with repair efforts.

Top stories - The New York Times - October 25

Hurricane Oscar hits Cuba as it struggles with power outage

Millions of people are still without power, with food rotting in fridges and no water supply in many homes.

Full restoration of hurricane power outages in Florida expected Tuesday

Residents face an uphill battle as they rebuild from the back-to-back storms that devastated Florida communities.

Politics - The Hill - October 14

Over 90% of power restored in parts of Florida ravaged by Hurricane Milton

As Florida cleans up and digs out after Hurricane Milton, things are looking a bit brighter in some of the hardest hit places. While some neighborhoods still do not have power, electricity has been ...

Damage Estimates for Helene and Milton Pass $100 Billion

Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.

Business - Inc. - October 17

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Postal Service: Restoring service in hurricane-hit areas may take 'some time'

Officials for the United States Postal Service gave an update Wednesday on recovery efforts following hurricanes Helene and Milton, saying that restoring full service in affected areas may take ...

Politics - The Hill - October 23

Cuba slowly starts restoring power after island-wide blackout

Cuba restored a trickle of power to its grid by mid-evening on Friday, officials said, hours after the island plunged into a countrywide blackout following the collapse of one of its major power ...

Cubans struggle as power not fully restored after days of blackout

Electricity on much of the island has yet to be restored after days of blackout.

World - ABC News - October 20

Cuba's Government Struggles to Restore Power After Nationwide Blackout

Electricity outages have paralyzed an already-crippled economy, leading to shortages of everything from cash to running water.

World - The Wall Street Journal - October 21

Traton Gains After Results Beat Estimates

Traton shares rose after the truck maker’s supply issues cleared and its Scania brand helped lift results above analysts’ estimates.

Business - The Wall Street Journal - October 22

Miami's dizzying second-half run leads No. 5 Hurricanes past upset-minded Duke, former coach Manny Diaz

The Hurricanes went on a 36-3 run over the final 22 minutes of game time

Sports - CBS Sports - 5 days ago

Hurricane Milton’s insured losses could reach $50 billion, says Verisk

Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.

Business - MarketWatch - October 16

Federal Government Approves $1.8 Billion in Hurricane Recovery Funds

After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.

Business - Inc. - October 16

North Carolina lawmakers convene again to address Hurricane Helene's billions in damages

North Carolina state legislators are returning to work to consider further relief for recovery from Hurricane Helene

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.

Business - CNBC - October 16

Trump's plan to deport millions of immigrants would cost billions

Former President Donald Trump is doubling down on his promise to carry out the largest mass deportation effort in American history.

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

World - Yahoo News - October 21

Trump mass deportation plan could cost billions a year

Immigration experts say Donald Trump's mass deportation plan, if carried out, could be complicated and cost billions a year. It could also lead to more family separations.

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