NEW YORK (AFP) – New Yorkers were inundated by flash flooding and heavy rains yesterday as Storm Ida wreaked further havoc on the northeast United States, forcing airport closures and state of emergency declarations in their state and neighboring New Jersey, with media reporting at least nine deaths.
Ida slammed into the southern state of Louisiana over the weekend, bringing severe flooding and tornadoes as it blazed a trail of destruction north.
New York Governor Kathy Hochul declared a state of emergency as the remnants of the storm caused massive flooding in the US’ financial and cultural capital, leaving the boroughs of Brooklyn and Queens inundated by the deluge.
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Stiffer sanctions on cigarette smuggling to boost revenues
The impending enactment of a law that would slap more penalties and make cigarette smuggling a non-bailable offense is seen plugging massive losses of the government as illicit tobacco trade continues to grow at alarming levels.
Metrobank sees BSP rate cuts in Q4
Metropolitan Bank & Trust Co. (Metrobank) expects the Bangko Sentral ng Pilipinas (BSP) to start cutting interest rates in the fourth quarter and maintain a restrictive policy environment for the most part this year amid upside risks to inflation.
Kevin Tan named AGI president; Travellers ushers in new leadership
The 44-year-old Kevin Tan is taking over as president of the listed holding company of his father, tycoon Andrew Tan, in line with the retirement of key executive Kingson Sian.
Cebu Pacific shoots for record 24 M travelers in 2024
Low-cost carrier Cebu Pacific is poised to fl y a record 24 million passengers this year, breaching its prepandemic high of 22 million, as the airline recovers its overseas market slowly but surely.
Stocks up, peso falls to 19-month low
The stock market sustained Fridayâs momentum opening on a high note yesterday as investors shopped for bargains. The peso meanwhile, retreated to a 19-month low against the greenback.
Manufacturing growth slows in May
The Philippine manufacturing sector expanded at a slower pace in May despite improved demand conditions as firms saw declining workforce numbers, according to S&P Global.
New set of poles coming for EJ
Philippine Athletics Track and Field Association of the Philippines president Terry Capistrano has procured new poles for Paris Olympics medal hopeful EJ Obiena, who has dealt with two broken poles over the past couple of weeks.
Vargas brings luck to boxers
From when ABAP chairman Ricky Vargas arrived in Bangkok last Thursday to witness the final four days of competition at the World Olympic Boxing Qualifiers, Carlo Paalam and Hergie Bacyadan went undefeated on their way to booking tickets to the Paris Olympics.
First title for Meralco or repeat for SMB?
A champion that's been there, done that against a challenger hungry for its PBA milestone. An offensive juggernaut versus a defensive machine. A \"retro\" duel of teams from the old MICAA days.
'Biden's Gaza plan not good, but Israel accepts it'
An aide to Israeli Prime Minister Benjamin Netanyahu confirmed on Sunday that Israel had accepted a framework deal for winding down the Gaza war now being advanced by US President Joe Biden, though he described it as flawed and in need of much more work.
