Beryl leaves Houston in the dark
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 9 July 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Tuesday, July 9th. I'm Julie Morgan. |
| 0:12.8 | Barrel leaves Houston in the dark. |
| 0:15.1 | BYD is expanding, and Stellantis has more to offer. |
| 0:20.4 | Most of Houston remains without power after Barrel made landfall along the Texas coast on Monday, |
| 0:26.7 | and the blackout may be extended for days in the hardest hit areas. |
| 0:31.0 | Center Point Energy, ticker symbol, CNP, the Houston area's main electric utility, said close to 2.3 million customers lost power during the storm. |
| 0:41.8 | It restored power to nearly 285,000 customers by Monday night, and expects 1 million customers |
| 0:48.6 | power to be restored by the end of Wednesday. |
| 0:52.0 | Barrel is now a tropical depression. |
| 0:54.2 | It hit the Texas Coast early Monday morning |
| 0:56.7 | as a category one hurricane. |
| 0:58.8 | Center Point Energy mobilize nearly 12,000 |
| 1:01.8 | filled resources for restoration efforts. |
| 1:04.8 | While the center of the storm has moved away from Southeast Texas, |
| 1:08.5 | the region is now facing high temperatures. |
| 1:11.0 | The National Weather Service issued a heat advisory for the region with heat |
| 1:15.0 | index values up to 105. |
| 1:18.3 | Chinese CV maker BYD Company plans to build a massive $1 billion EV plant in Turkey with an annual capacity of 150,000 vehicles. |
| 1:28.8 | Turkey's state-run news agency said on Monday that production is expected to begin at the end of |
| 1:34.4 | 2026. The plant would include a mobility and R&D center and employ 5,000 people. |
| 1:40.5 | Given Turkey's customs union with the EU, this new plant could help |
... |
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