Spring may be nearly two weeks away, but winter seems to be making (at least!) one last stand.
“We think there’s going to be a storm developing across the South this weekend, bringing heavy rains and thunderstorms to portions of the southeastern U.S,” Jon Porter, VP and head of AccuWeather Enterprise Solutions, told Cheddar.
“It does look like that’s going to be a threat to the Middle Atlantic and Northeast as we head into Sunday and Monday.”
The East Coast is still recovering from the second nor'easter to hit the region in the past week.
Just Wednesday, a New Jersey school teacher was struck by lighting during the thundersnow, and some New Yorkers were barricaded by up to 26 inches of snow. The snow fell at a rate of two to three inches per hour.
By Thursday morning, Winter Storm Quinn had left more than 1 million people without power. Porter told Cheddar that it’s going to take some time before everything is restored.
While a storm this weekend is not a “sure bet,” Porter told Cheddar “it’s something to watch as we head into the next several days.”
For the full interview, [click here](https://cheddar.com/videos/recapping-the-damage-of-winter-storm-quinn).
The airlines announced the cuts Tuesday morning after markets suffered their biggest drop since the 2008 recession. The shock came as demand for flights sunk worldwide.
These are the headlines you Need 2 Know for Tuesday, March 10, 2020.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets. The sharp drops triggered the first automatic halts in trading in two decades.
Officials at the World Health Organization said Monday that of about 80,000 people who have been sickened by COVID-19 in China, more than 70 percent have recovered and been discharged from hospitals.
Stocks are falling sharply Monday on Wall Street on a combination of coronavirus fears and plunging oil prices, triggering a brief, automatic halt in trading to let investors catch their breath.
Lenore Hawkins, chief macro strategist for Tamatica Research, told Cheddar that the combination of the COVID-19 outbreak and the oil price war between Saudi Arabia and Russia is an unprecedented set of circumstances for investors.
The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus.
These are the headlines you Need 2 Know for Monday, March 9, 2020.
MindMed became the first publicly listed psychedelics company in the world after kicking off trading on the Canadian stock exchange NEO this week.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
