Cuba begins to turn on lights after Ian blacks out island

HAVANA (AP) — Cuban officials said they had begun to restore some power Wednesday after Hurricane Ian knocked out electricity to the entire island while devastating some of the country’s most important tobacco farms when it hit the island’s western tip as a major storm. At least two people were reported killed. The Energy and … Read more

Deadly Hurricane Ian, now approaching Category 5 strength, threatens ‘catastrophic’ storm surge as it nears Florida

Editor’s Note: Affected by the storm? Use CNN’s lite site for low bandwidth. You also can text or WhatsApp your Ian stories to CNN +1 332-261-0775. CNN  —  Hurricane Ian – now an “extremely dangerous” storm just shy of Category 5 strength – is poised to inflict “catastrophic” winds and storm surge as it nears … Read more

Russia prepares to annex occupied Ukraine despite outcry

KYIV, Ukraine (AP) — Russia stood poised Wednesday to formally annex parts of Ukraine after claiming that voters in areas where it has military control had overwhelmingly endorsed living under Moscow’s rule. Armed troops went door-to-door to collect ballots during five days of voting in Kremlin-organized referendums that asked if the occupied areas should become … Read more

5 things to know before the stock market opens Wednesday, September 28

Traders on the floor of the NYSE, Sept. 27, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Looking for a bottom For a while it looked hopeful U.S. stock markets had fallen as far as they could this year. Since June, stocks had been … Read more

The Truss tax plan cushions the wealthy while pushing borrowers toward a financial cliff

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  After tumbling to a record low against the dollar, the British pound stabilized Tuesday, rising more than 1% to $1.08. But the economic policy that sparked the currency’s historic nosedive … Read more

Hurricane Ian barrels toward Florida as Category 3 storm

Editor’s Note: Affected by the storm? Use CNN’s lite site for low bandwidth. Are you affected by Hurricane Ian? Text or WhatsApp your stories to CNN +1 332-261-0775. ¿Te ha afectado el huracán Ian? Comparte tu historia por mensaje de texto o por WhatsApp a +1 332-261-0775. CNN  —  [Breaking news update, published at 5:00 … Read more

Cuba in nationwide blackout after Hurricane Ian slams into the Caribbean island nation

Editor’s Note: Affected by the storm? Use CNN’s lite site for low bandwidth. Are you affected by Hurricane Ian? Text or WhatsApp your stories to CNN +1 332-261-0775. ¿Te ha afectado el huracán Ian? Comparte tu historia por mensaje de texto o por WhatsApp a +1 332-261-0775. Havana, Cuba CNN  —  Crews in Cuba are … Read more

Cuba without electricity after hurricane hammers power grid

HAVANA (AP) — Hurricane Ian knocked out power across all of Cuba and devastated some of the country’s most important tobacco farms when it slammed into the island’s western tip as a major hurricane Tuesday. Cuba’s Electric Union said in a statement that work was underway to gradually restore service to the country’s 11 million … Read more

Jim Cramer says these 5 high-yielding stocks have his stamp of approval

CNBC’s Jim Cramer on Tuesday offered investors a list of five high-yielding stocks they should have on their shopping lists. Here is his list: Ford KeyCorp Federal Realty Devon Energy ONEOK The two-year Treasury has surged as of late to around 4.3%, which is a sign that the Federal Reserve will continue to raise interest … Read more

‘True carnage’: Stock-market selloff wipes $13 trillion in market cap off broad U.S. benchmark

The U.S. stock market’s latest leg down is spreading the pain for investors. Data from research firm Bespoke Investment Group shows just how broad-based and deep the 2022 selloff has been so far. A 24% year-to-date drop for the broad Russell 3000 RUA, -0.11%, which aims to track the 3,000 largest U.S. traded stocks, wiped … Read more