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- You can sign up for as power plants are expected to be left idling as demand evaporates.
- A short-seller takes aim at Roblox for “lying to investors.” Hindenburg Research accused the online gaming platform of : It’s meant to project an upscale image, distancing itself from other fast-fashion brands.
- The “happiest place on earth” takes a rain check. There are literally storm clouds forming over Florida’s family-friendly amusement parks, as the state braces for Hurricane Milton. It’s a rare occasion for Disney World, which has only closed its gates nine times in more than 50 years.
- Tesla executives are hitting the exits. In the past week, four of Elon Musk’s direct reports have announced they’re leaving, or have already left, the company. Their departures come ahead of Robotaxi Day tomorrow, where Musk is tasked with convincing investors that Tesla is more than just a car company.
- Hurricane Milton is projected to hit the west coast of Florida, including the Tampa Bay area.
- Federal Open Market Committee’s September meeting minutes and forecast published.
What’s happening today
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Milan Sehmbi, fellow, in London. Amanda Yen, fellow, in New York.
Read the original article on Business Insider
https://www.businessinsider.com/interest-rate-cut-no-landing-borrowing-costs-economy-relief-2024-10