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Weather Natural Disasters

  • LOS ANGELES— President Donald Trump's budget proposal would cut federal funding for an earthquake early warning system for California, Oregon and Washington state, a development that seismology experts and some local leaders say would be the end of the project. The proposed funding cuts for the next fiscal year starting Oct. 1 would come from the budget of the...

  • NEW YORK, May 23- The Trump administration is proposing to sell off in the coming fiscal year the entire gasoline reserve created in the aftermath of Hurricane Sandy, according to its budget proposal unveiled on Tuesday. It consists of 1 million barrels of gasoline blendstock and is stored in commercial storage terminals in Maine, Massachusetts and New Jersey.

  • A massive landslide that went into the Pacific Ocean is the latest natural disaster to hit a California community that relies heavily on an iconic coastal highway and tourism to survive, and it adds to a record $1 billion in highway damage from one of the state's wettest winters in decades. The weekend slide in Big Sur buried a portion of Highway 1 under a 40- foot...

  • WELLINGTON, New Zealand— When researchers in New Zealand drilled deep into an earthquake fault, they stumbled upon a discovery they say could provide a significant new energy source for the South Pacific nation. Led by Victoria University of Wellington professor Rupert Sutherland, the study was published Thursday in the journal Nature.

  • TOKYO, May 11- Japan's Tokyo Electric Power Co said on Thursday it will seek partners for its nuclear business as part of a recovery plan after the Fukushima disaster of six years ago brought the utility to its knees and put it under state control. Central to its efforts to boost profits and pay for the costs of the disaster is the restart of its Kashiwazaki-Kariwa...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • MEXICO CITY, May 10- Tropical Storm Adrian, which strengthened in the Pacific Ocean off Central America on Wednesday, is expected turn in toward the Mexican coast and could become a hurricane by the weekend, the U.S. National Hurricane Center said. Early on Wednesday morning, Adrian was about 460 miles south-southeast of the Mexican port of Salina Cruz, blowing...

  • NEW DELHI, May 9- India looks likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the weather office said on Tuesday, raising prospects of higher farm and economic growth. The state-run India Meteorological Department on April 18 forecast this year's monsoon rains at 96...

  • SINGAPORE, May 4- Chicago corn futures were unchanged on Thursday, holding on to last session's gains as recent wet weather across key growing regions raised fears that some farmers may need to re-plant recently seeded crops. The Chicago Board Of Trade most-active corn contract was flat at $3.74-3/ 4 a bushel by 0226 GMT, having gained 0.7 percent on Wednesday.

  • NEW YORK, May 3- The U.S. insurance industry is suffering from lower property-casualty premiums, bad weather claims and interest rates that are still too low to move the needle, according to earnings reports by some of the largest players this week. A single hailstorm in Texas cost Allstate over $250 million during the quarter, Chief Executive Tom Wilson said in an...

  • NEW YORK, May 3- The U.S. insurance industry is suffering from lower property-casualty premiums, bad weather claims and interest rates that are still too low to move the needle, according to earnings reports by some of the largest players this week. A single hailstorm in Texas cost Allstate over $250 million during the quarter, Chief Executive Tom Wilson said in an...

  • TOKYO, April 28- Sony Corp said on Friday it expects operating profit to rise 73.2 percent in the financial year through March 2018 as its cash-cow image sensor business recovers from earthquake damage that had suspended a key plant in southern Japan. Sony forecasts operating profit to rise to 500 billion yen from 288.7 billion yen a year prior, when earnings...

  • LIMA, April 19- Peru's economy will recover in coming years with investment in construction after recent flooding, likely growing 4.5 percent in 2018 and 5 percent in 2019, Finance Minister Alfredo Thorne said on Wednesday. "The shock will be temporary," Thorne said in a presentation at Lima's Chamber of Commerce. Peru's economy, which has also been hurt by...

  • ZURICH, April 13- Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world's second-biggest reinsurer said on Thursday, an unusually high loss that could see reinsurance prices rise in Australia. Cyclone Debbie, a Category 4 storm, slammed into Australia on March 28. The disaster zone stretched 1,000 km...

  • STRASBOURG, April 4- Britain will get 60 million euros from the European Union to repair damage caused by the floods last year, a lawmaker said on Tuesday. Britain had asked for EU support to rebuild infrastructure damaged by heavy rains in the winter of 2015-16. European Parliament lawmakers will approve the grants on Wednesday, clearing the way for the funds to...

  • STRASBOURG, April 4- Britain will get 60 million euros from the European Union to repair damage caused by the floods last year, a lawmaker said on Tuesday. Britain had asked for EU support to rebuild infrastructure damaged by heavy rains in the winter of 2015-16. European Parliament lawmakers will approve the grants on Wednesday, clearing the way for the funds to...

  • A woman cries over the coffin of a relative killed in the mudslides caused by heavy rains, at the cemetery in Mocoa, Putumayo department, Colombia on April 3, 2017.

    Rescuers continued to search for victims of flooding and landslides that devastated southern Colombia, killing at least 273 people.

  • The disaster zone stretched 1,000 km from Queensland state's tropical resort islands and Gold Coast tourist strip to the farmlands of New South Wales state. The body of 77- year-old Nelson Raebel was found in floodwaters in the state of Queensland on Saturday afternoon, Queensland Police said, bringing the national death toll to three since the cyclone hit on...