November 15, 2019

Greenlight Re announces net loss of $89.1 million for the third quarter of 2018

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GRAND CAYMAN, Cayman Islands, Nov. 05, 2018 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE) (“Greenlight Re” or the “Company”) today announced financial results for the third quarter ended September 30, 2018. Greenlight Re reported a net loss of $89.1 million for the third quarter of 2018, compared to net income of $19.9 million for […]

Wages, salaries rise by most in decade as US adds 227,000 jobs

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From Newsmax U.S. wages and salaries rose by the most in a decade while private sector payrolls increased by the most in eight months in October, suggesting overall job growth accelerated this month after Hurricane Florence weighed on restaurant and retail employment in September. The Labor Department’s Employment Cost Index showed wages and salaries, which […]

How flocks of birds got trapped inside the eye of Hurricane Florence

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BY MARK KAUFMAN From Mashable In 1969, researchers spotted a black and white sooty tern in Michigan. This hardy seabird, however, had little business visiting the Midwest. The saltwater species usually spends its life in the tropics, more than 1,000 miles away. Hurricane Camille — one of the most powerful storms in U.S. history — […]

US: FEMA postpones ‘Presidential Alert’ test

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By Jeffrey Rodack From Newsmax The Federal Emergency Management Agency’s “Presidential Alert” test, which was scheduled for Thursday, has been delayed until to Oct. 3. FEMA announced the postponement, citing the “ongoing response effort to Hurricane Florence,” according to NBC News. And in a tweet, the agency noted: “Due to severe weather across much of […]

What it’s really like to fly into a hurricane, and why it’s a critical part of your forecast

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By Hilary Brueck Sfrom Business Insider Hurricane hunters have been flying directly into storms for 75 years. There’s no better way to get a clear, accurate picture of how strong and windy a hurricane is. Scientists in the airplane measure the wind speeds and pressure inside hurricanes. It’s information we can’t get from satellites. They […]

Storm Florence: Disaster declared in North Carolina

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From BBC US President Donald Trump has declared a disaster in North Carolina where a tropical storm has killed five amid warnings the worst is far from over. Florence’s top sustained winds have weakened to 50mph (80km/h), but it is projected to bring further catastrophic flash flooding. Some towns have already had over 2ft (60cm) […]

Photos show the destruction and power of Florence

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BY MARCUS GILMER From Mashable Volunteer Amber Hersel from the Civilian Crisis Response Team helps rescue 7-year-old Keiyana Cromartie and her family from Florence’s flooding in James City, North Carolina.IMAGE: GETTY IMAGES While Florence is, as of 12:00 p.m. ET on Saturday, now “just” a tropical storm, it has still ripped the Carolina coast with […]

Category 2 Florence nears landfall in North Carolina; Catastrophic flooding expected

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By Dr. Jeff Masters From Weather Underground Heavy rains from Category 2 Hurricane Florence are lashing the coast of North Carolina as the dangerous storm heads northwest towards an expected landfall on Friday. Florence may be a Category 2 hurricane by the Saffir-Simpson wind scale, but it is a Category 5 heavy rain and inland […]

Hurricane Florence is forecast to be as big as the whole state of North Carolina when it hits the US

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Hurricane Florence is surging toward the US East Coast with sustained wind speeds of 130 mph. It is forecast to hit North Carolina later this week, by which time the storm could be as large as the state. It is expected to strengthen to a Category 5 storm by Thursday. The National Hurricane Center said […]

Hurricane Florence expected to cause at least $27 billion in damages

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From Newsmax Florence continued to roll toward the U.S. East Coast, poised to become the strongest hurricane in almost 30 years to hit the Carolinas as more than 1 million people began fleeing a coastline that could see a 12-foot storm surge. North Carolina’s Outer Banks are under mandatory evacuation orders and four states declared […]