Massive cleanup and recovery efforts are underway in the aftermath of Hurricane Helene. With roads washed out or blocked by debris, President Biden is set to take an aerial tour of the widespread destruction in the region. TODAY’s Craig Melvin reports from North Carolina.
Category Archives: business
JD Vance’s mic gets cut while talking about Springfield at VP debate
Republican vice presidential nominee JD Vance said “Kamala Harris’ open border” has “destroyed” the lives of American citizens in Springfield, Ohio, before having his mic cut by debate moderators.
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
PepsiCo said Tuesday that it’s buying Mexican American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years.
With Hurricane Helene disrupting travel, here’s what fliers need to know
As the Southeast U.S. recovers in the aftermath of Hurricane Helene’s destruction, consumers looking to change their air travel plans to or from affected areas without taking a financial hit may be out of luck, experts said.
Why the Fed’s rate cut won’t immediately help car buyers or sales
DETROIT — The Federal Reserve’s decision to cut interest rates for the first time in more than four years is expected to eventually boost new vehicle sales, but not as quickly or by as much as some may expect.
Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases.
Flood insurance in focus after Hurricane Helene destruction
Only 6% of U.S. homeowners have flood insurance but even an inch of water in your home can cause up to $25,000 worth of damage. With storms like Hurricane Helene getting stronger, experts say many people nationwide do not have the coverage they need. NBC’s Stephanie Gosk reports for TODAY.
East and Gulf coast ports shut down as dock workers go on strike
Tens of thousands of dock workers are now on the picket lines from Main to Texas in what could be one of the most disruptive strikes in decades, with shipping up and down the East Coast brought to a standstill. NBC’s Christine Romans reports for TODAY.
East and Gulf Coast ports are headed for a major strike at midnight
Tens of thousands of longshoremen are likely to go on strike at midnight, shutting down dozens of major ports and choking off deliveries of a range of goods.
Verizon says network issues are resolved after a wave of outage reports
Verizon said it had restored service after experiencing a technical issue that led to hundreds of thousands of reports of outages on Monday.