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'Cloud Warriors' author Tom Weber on the meteorology business, importance of hyperlocal forecasting
CNBC Television· 2025-06-30 11:29
The business of weather forecasting is increasingly precise and competitive as consumers expect more targeted hyper local forecasts and businesses require them too. That comes despite cuts to key government agencies by the Trump administration. And joining us right now is Tom Weber.He's the author of a book called Cloud Warriors: Deadly Storms, Climate Chaos, and the Pioneers Creating a Revolution in Weather Forecasting. Full disclosure, Tom's been a friend of mine for over 30 years. We used to be reporters ...
US Power Grids Under Pressure With Dangerous Heat Wave
Bloomberg Television· 2025-06-24 17:35
Well, unfortunately, we're not dry, Tom, and that's why it's going to be so uncomfortable today. The two points across much of the eastern United States now are exceeding 70 degrees. So when you add that to an air temperature of 100, you end up feeling about 105 to 110.You can see from more or less what's taking place over the next couple of days over the eastern United States. We're dealing with heat advisories that extend from Louisiana and Mississippi all the way into the southern Great Lakes, western an ...
Magnera’s TYPAR® Brand Launches Liquid Flashing for Superior Weather Protection in Residential and Commercial Applications
Globenewswire· 2025-06-24 13:00
"TYPAR Liquid Flashing is designed for building professionals who prioritize long-lasting solutions and efficiency," said Soujanya Muralidhara, Product Line Manager, TYPAR. "Whether used in high-end residential projects or large-scale commercial developments, its technical excellence matches durability with convenience for a better building envelope. Backed by the industry's most comprehensive Weather Protection System, this product is an essential addition for professionals looking for innovative, high-qua ...
What if wealth was measured by the damage you don't do? | Sandeep Ahuja | TEDxAtlanta
TEDx Talks· 2025-06-16 16:49
Let me tell you about the moment everything changed for me. No, it wasn't in a conference room. It wasn't in a boardroom.It was 10 years ago when I was visiting my home in India and we were at a family gathering and we were all talking about the the past. We were reminiscing and that's when I saw my grandma. Her eyes, they were starting to tear up as she talked about her childhood. As she talked about her family home, her family farmland, the land that had been in our family for generations.It supported her ...
Primo Brands Under Pressure In Recent Weeks? Analyst Blames Cool, Wet Weather
Benzinga· 2025-06-13 19:01
Core Viewpoint - Primo Brands Corporation's stock has faced pressure due to poor spring weather affecting bottled water sales, particularly in the Northeast and Mid-Atlantic regions [1] Group 1: Sales Performance - Bottled water sales have declined, with a reported 3.7% year-over-year decrease in retail volumes for Primo Brands in May [3] - Poland Spring, a key brand, experienced an 8.4% drop in sales, attributed to record rainfall in May, which was the third-wettest since 1895 with 6.6 inches of precipitation [4] - The Northeast and Mid-Atlantic regions saw sharp declines in sales, with year-over-year changes of -18.6% and -9.3%, respectively [5] Group 2: Future Outlook - Analyst Peter T. Galbo anticipates a rebound in demand as summer heat arrives, particularly for brands like Poland Spring and Deer Park [2] - A new summer weather tracker will be introduced to monitor weather trends, as the second and third quarters account for approximately 53% of annual sales [2] - NOAA forecasts indicate higher-than-normal temperatures across much of the U.S., which could positively impact sales for brands like Deer Park, Ozarka, Arrowhead, and Zephyrhills [5] Group 3: Weather Impact - The recent cooler and wetter weather has negatively impacted demand, especially over the Memorial Day weekend [1] - Heavier rainfall is expected in parts of the South and Upper Midwest, which may affect sales for Ozarka and Ice Mountain, while drier conditions in the West could benefit Arrowhead [6]
‘We may be flying blind,’ says meteorologist after budget cuts
NBC News· 2025-06-10 22:30
Miami's John Morales has been a voice of calm in the storm for years. It's not turning. It's coming straight to us. Now, the NBC 6 meteorologist is going viral for a different kind of forecast. Remember that? That was about 6 years ago. Confidently, I went on TV and I told you it's going to turn. You don't need to worry. It is going to turn. And I am here to tell you that I'm not sure I can do that this year. His warning at the start of this year's hurricane season is sobering. He says that slashing federal ...
US Business Owners are Taking Extra Precautions to Safeguard Their Businesses, According to Gallagher Study
Prnewswire· 2025-06-03 13:00
Core Insights - A recent survey by Gallagher indicates that U.S. business owners are increasingly concerned about external threats to their businesses, particularly supply chain disruptions, severe weather, and cyber-attacks [1][3][7] Business Concerns - 69% of U.S. business owners are worried about supply chain disruptions, while 69% also express concern over severe weather, and 72% are apprehensive about cyber-attacks [1][3] - The concern over cyber-attacks has risen from 69% in 2024 to 72% in 2025 [3] Insurance Claims and Coverage - Nearly 87% of U.S. business owners with insurance coverage made a claim in 2024, with 73% of those claims being $25,000 or more [2] - Coverage for claims varied, with 29% related to property, 28% to employment practices liability, 27% to cyber, and 27% to flood insurance [2] Cybersecurity and AI - 36% of U.S. business owners are looking to acquire or expand their insurance coverage for cyber-attacks [3] - 93% of business owners are somewhat worried about AI's impact on their businesses, an increase from 85% the previous year [4] - 95% agree that AI misuse requires stronger regulation, and 90% seek better protection [4] Supply Chain Investments - To mitigate supply chain disruptions, 40% of U.S. business owners are investing in AI and machine learning technologies, while 37% are focusing on supply chain automation and cloud computing [5] - 75% have contingency suppliers in place to manage potential disruptions [5] Weather-Related Concerns - 57% of U.S. business owners are considering relocating or investing in more resilient facilities to combat severe weather [7] - Flooding is viewed as a significant threat by 35% of business owners, yet only 30% currently have flood insurance [8] - Among those with flood insurance, 71% have made at least one claim, and 27% have made multiple claims [8] Precautionary Measures - After filing weather-related claims, business owners have taken steps to protect against various weather conditions, including floods (40%), fires (39%), and hurricanes (32%) [9] Expert Commentary - J. Patrick Gallagher, Jr., emphasizes the necessity of advanced mitigation strategies to manage the complexities of global risks, advocating for proactive planning and investment in resilience [6][10]
BofA Report: 60% of Homeowners and Prospective Buyers Uncertain About the Housing Market - A Three-Year High
Prnewswire· 2025-05-28 13:00
Core Insights - 52% of prospective homebuyers are optimistic about the homebuying market, believing it is better than a year ago, with 75% expecting home prices and interest rates to decline [1][2] - The desire for homeownership remains strong among Gen Z and Millennials, with many making sacrifices to achieve this goal, as 75% of current homeowners in these demographics view owning a home as a significant milestone [2][6] - Concerns about severe weather and natural disasters are prevalent, with 62% of homeowners and prospective buyers worried about their impact on homeownership, and 73% prioritizing lower-risk areas for purchasing homes [3][7] Market Trends - The Bank of America Homebuyer Insights Report indicates that a national survey conducted from March 20 to April 22, 2025, included 2,000 respondents, with a margin of error of +/- 2.2% at a 95% confidence level [4] - The Bank of America Institute, established in 2022, utilizes extensive data from 69 million clients and $4.3 trillion in total payments to provide insights on economic trends and consumer behavior [5] Gen Z Homebuying Behavior - 30% of Gen Z homeowners financed their down payments by taking on extra jobs, an increase from 24% in 2023 [6] - 22% of Gen Z homeowners purchased homes with siblings, up from 4% in 2023, indicating a trend towards collaborative homebuying [6] - 34% of Gen Z prospective homebuyers are considering living with family or friends while saving for a home, and 21% plan to use loans from family for down payments, reflecting a shift in financial strategies [6]
Tesla: Elon Musk Can't Save This Anymore
Seeking Alpha· 2025-05-24 16:00
Core Insights - The article discusses the experience of an investor in Ukraine who has successfully navigated a volatile market environment due to geopolitical shocks, particularly the ongoing war in Ukraine [1] Group 1: Investor Experience - The investor has built an all-weather portfolio that thrives in volatile markets, indicating a strategy focused on resilience during economic and political uncertainty [1] - The goal is to assist other investors in identifying event-driven geopolitical investment opportunities that can yield strong returns [1] Group 2: Market Context - The article highlights the systemic geopolitical shocks that can impact investment strategies, emphasizing the importance of adapting to such conditions [1]
UnitedHealth: Should You Buy This Falling Knife?
Seeking Alpha· 2025-05-15 15:29
I'm quite familiar with UnitedHealthcare "UNH" (NYSE: UNH ), as the healthcare giant towers over the skyline of my home state, Connecticut. I also have a confession to make. I recently purchased UNH's stock atAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2024 69% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Dividend Plan and e ...