US charges Russian billionaire Oleg Deripaska with violating sanctions

NEW YORK, Sept 29 (Reuters) – US prosecutors on Thursday unveiled criminal charges accusing the Russian billionaire Oleg Deripaska of violating sanctions imposed after Russia invaded Ukraine. Deripaska, the 54-year-old founder of aluminum giant Rusal (RUAL.MM), , was among two dozen Russian oligarchs and government officials blacklisted by Washington in 2018 in reaction to Russia’s … Read more

Sanibel Causeway will need to be rebuilt, governor says

Devastating flooding in Fort Myers due to Hurricane Ian Hurricane Ian made landfall Wednesday afternoon near Fort Myers as a major hurricane just shy of a Category 5. The area was somewhat caught off-guard after the storm’s projected path began to shift south a day before. Residents had little time to evacuate their homes before … Read more

Britain’s market rout stokes contagion fears around the globe

NEW YORK/LONDON, Sept 28 (Reuters) – The scale and speed of the sell-off in British assets has jolted world markets, raising concern about contagion as chaos in a major developed economy adds to unease already generated by sharp interest rate rises from the United States and elsewhere. Following Friday’s UK mini-budget, which flagged 45 billion … Read more

Here’s how the ‘Waffle House Index’ measures a hurricane’s potential impact

Waffle House Index used to measure severity of storms With Waffle House’s reputation for staying open during severe weather, even FEMA uses the ‘Waffle House Index’ to measure the severity of a storm. TAMPA, Fla. – More than 20 Waffle House restaurants from Bradenton to Naples are closed as extreme weather from Hurricane Ian comes … Read more

Live updates: Hurricane Ian pummels Florida

Rescue and emergency response missions have been delayed in some heavily-impacted parts of Florida because of risky storm conditions, state and local officials said. In Charlotte County, Emergency Management Director Patrick Fuller said Wednesday night that emergency response teams there will not be able to answer calls for help “until the hazards conditions end.” Officials … Read more

Russia set to annex Ukraine territory; West wars of new sanctions

Russia says overwhelming support for annexation Russian parliament may consider annexation on Tuesday Ukraine rejects referendums as illegal West prepares new sanctions on referendums ZAPORIZHZHIA, Ukraine, Sept 29 (Reuters) – Russia was poised to annex a swath of Ukraine within days, releasing what it called vote tallies showing overwhelming support in four provinces to join … Read more

US FDA proposes new rules for packaged foods to qualify as ‘healthy’

Sept 28 (Reuters) – The US Food and Drug Administration (FDA) on Wednesday proposed new rules for labeling packaged foods as “healthy”, as it seeks to help people make informed nutritional choices which can help lower the risk of chronic diseases. The proposed changes to food labeling come on the day of the first White … Read more

Bed, Bath & Beyond investors watching merchandise mix during sales slump

NEW YORK, NY, Sept 28 (Reuters) – Bed Bath & Beyond (BBBY.O) investors will be closely watching the home goods retailer’s second quarter earnings on Thursday for clues as to how customers are responding to its merchandise overhaul. The holiday season will be Bed Bath & Beyond’s “make-or-break moment” to show shoppers that its new … Read more

Darrell Brooks can defend self in parade trial, Judge Dorow rules

Darrell Brooks to defend himself Darrell Brooks will defend himself in the Waukesha Christmas parade trial which begins Monday, Oct. 3. WAUKESHA, Wis. – Waukesha County Judge Jennifer Dorow ruled Wednesday, Sept. 28 Darrell Brooks can defend himself and waive his right to an attorney in the Waukesha Christmas parade attack trial. It’s a decision … Read more

US unveils $1.1 billion Ukraine arms package

WASHINGTON, Sept 28 (Reuters) – The United States unveiled a $1.1 billion arms package for Ukraine’s battle with Russia that includes 18 High Mobility Artillery Rocket System (HIMARS) launcher systems, accompanying munitions, various types of counter drone systems and radar systems, US officials said on Wednesday. The Pentagon’s announcement kicks off a contracting process to … Read more