Monday, September 11, 2017

Today's Headlines

  • Irma Weakens to Tropical Storm as Florida Damage Forecast Is Cut. (video) Florida is drenched, tattered -- but fortunate. Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm. By one estimate, the cost of total damages dropped to $49 billion from $200 billion earlier. Still, at least 5.6 million were without power, millions displaced and as much as 15 inches of rain were forecast in what may yet go down as one of the worst storms in Florida’s history. The center of the system, America’s second major hurricane in a week, was expected to soften to a tropical storm Monday morning and a tropical depression by afternoon, the National Hurricane center said in an advisory. As the storm headed north, threatening torrential rains in Atlanta, a storm-surge warning was discontinued for parts of southern Florida.
  • China Set to Unveil Cap-And-Trade Auto Emission, Mileage Rules. China will soon unveil a mandatory cap-and-trade credit program for electric cars, starting the countdown for carmakers to be in compliance with stricter rules on emissions and fuel economy, according to the country’s state-backed auto association.
Wall Street Journal: 
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