Milton
The Small Business Administration ran out of funding for its disaster loan program on October 15.The lapse could slow recovery efforts by small businesses damaged by hurricanes Helene, Milton.The SBA can’t resume loans until Congress passes new funding, likely in November. Locally owned businesses in places like Asheville still reeling…
Investing.com — In a Wednesday note to clients, Morgan Stanley analysts discussed the potential impacts on leisure stocks from Hurricane Milton Sun, a Category 5 storm approaching Florida. According to the Wall Street firm, the impact is expected to be mixed across different companies in the leisure sector. While some…
Allie Rae chronicled her family’s experience sheltering in place during Hurricane Milton.The 40-year-old content creator and mother of three called it the scariest night of her life.Rae told Business Insider the storm hasn’t shaken her love for Florida. Allie Rae is a mother, entrepreneur, and OnlyFans creator who said she…
Multiple Disney World employees told BI about their disappointment with how the company handled Milton.Cash-strapped employees felt pressured to work well into the afternoon as weather forecasts looked increasingly dire.A Disney spokesperson said, in part, “Safety is always our first and most important factor when making decisions.” Rain began falling…
As Hurricane Milton hit, TikTok was filled with live streams from people in Florida.But even though there were plenty of live videos, it was hard to follow for breaking news.TikTok also amplified controversy, like with a woman who refused to evacuate her waterfront house. As Hurricane Milton approached Florida this…
Sandra Guadarrama-Baumunk and her family holed up at a Disney resort hotel during Hurricane Milton.Guests were told to stay in their rooms from 8:30 p.m. before the storm made landfall in Florida.The mom said the only drama was a fire alarm, but Disney handled everything smoothly. This as-told-to essay is…
Hurricane Milton devastated parts of Florida, hitting the wedding industry hard during peak season.Makeup artist Jennifer Gaffney relies on weddings for her income, but many have been canceled.She told BI that it could result in a $10,000 loss for her, impacting her business and family. This as-told-to essay is based…
Allison Gilgenbach checked into a Florida hotel at Universal Studios ahead of Hurricane Milton.The mom and her daughters, 11 and 8, intend to continue their vacation at the resort and feel safe.They brought battery lights and had extra food and water delivered by InstaCart. This as-told-to essay is based on…
By Suzanne McGee and Svea Herbst-Bayliss (Reuters) – Florida’s sun and low taxes enticed many hedge funds and other financial professionals to move south. Now another massive hurricane is putting that love affair to the test, but many big-name managers are committed to remaining in “Wall Street South” for the…
Hurricane Milton threatens Florida’s Central Gulf Coast with Category 4 winds and storm surge.Residents are still recovering from Hurricane Helene, which hit the area in early October.Evacuations create financial strain, as residents like Makayla Pelletier flee to safety. For the first few hours of the roughly 80-mile drive from Tampa…
