Page 7 - Eric Platt News Today

Several days of storms and wet weather have helped the Austin area keep up with normal rainfall amounts for the year, and more rain in the coming days will be welcome to a region that remains abnormally dry, the National Weather Service said. Storms that have developed over South Texas and Central Texas over the past few days have hit areas south and east of Austin with severe storms, weather service meteorologist Eric Platt said. Hail up to an inch in diameter and 66-mph wind gusts were rep...

After a damp Sunday with scattered showers, Austin residents this week can expect ... more of the same. An active weather pattern will continue through the upcoming week across all of Central Texas, bringing with it a daily chance of showers and thunderstorms through Saturday, according to the National Weather Service. "While we do expect to see some strong to severe thunderstorms at times, we will also see some locally heavy rainfall that may lead to an increased flood threat," Eric Platt, a ...

UpdatedMon, May 17, 2021 at 4:21 pm CT Reply Severe thunderstorms are expected to bring heavy rains and up to quarter-sized hail into some portions of the Austin Metro Monday afternoon. (Shutterstock) AUSTIN, TX — Severe thunderstorms are expected to bring heavy rains and up to quarter-sized hail into some portions of the Austin Metro Monday afternoon. The National Weather Service Austin San Antonio issued a flash flood watch for the Hill County and areas along and east of the U.S. Highway 28...

© Houston Cofield/Bloomberg via Getty Images Berkshire Hathaway, the holding company of legendary investor Warren Buffett, has held its annual shareholder meeting. The event, dubbed “Woodstock for capitalists”, has been happening virtually because of the pandemic . It yielded the usual mixture of folksy commentary and gnomic wisdom. Buffett said that the US economy is “red hot” and Berkshire’s portfolio of businesses “is seeing substantial inflation”. He joked that Charlie Munge...

After storms passed through New Braunfels and Comal County Wednesday night and Thursday, a wet pattern will remain in the area forecast Friday with increasing chances for precipitation Friday night through Saturday night, according to the National Weather Service. Numerous showers and scattered thunderstorms are forecast Friday through Saturday night, with some pockets of local heavy rainfall possible. “A stalled cold front along with an upper-level low-pressure system along far southwest ...

To embed, copy and paste the code into your website or blog: What to consider to avoid a spiral, if your company is the next to go viral. The recent meteoric rise (and subsequent fall) of GameStop, AMC Theaters and a host of other “meme stocks” has prompted hedge funds, investment bankers, regulators and public company executives to critically re-examine their preparedness for extraordinary market volatility.  The meme stock phenomenon is unique in numerous respects that have been well doc...

A blast of arctic air and sheets of freezing rain that pelted much of North and Central Texas left icy accumulations that made road travel deadly, downed power lines, canceled school activities and was expected to strain the states electrical grid. Icy and slick roads across the state caused multiple fender-benders and at least two massive highway crashes. In Fort Worth, five people were killed in a 70-vehicle pileup. In Austin, just outside Cedar Park, five people were hospitalized after ...

Markets shock in 2020 gives way to IPO boom 28 Dec, 2020 04:00 PM 3 minutes to read The US$300b flotation boom included the public debuts of high-flying tech businesses such as DoorDash and Airbnb. Photo / Getty Images Financial Times By: David Carnevali, Eric Platt, Camilla Hodgson and Hudson Lockett Companies raised more money through stock market listings in 2020 than in any year besides 2007, as a rebound in equities valuations lured in businesses and blank-cheque acquisition vehicles rushe...

What can go wrong? Investors views on the big risks to markets in 2021 27 Dec, 2020 04:00 PM 7 minutes to read Financial Times Against a rosy consensus, dangers lurk in inflation, a virus setback, and the sheer weight of optimism. The outlook for markets in 2021 among investors and analysts is easy to describe: cautious optimism. Almost universally, fund managers believe the year will bring a rebound in economic activity, supporting assets that have already soared in value sin...