Friday, October 11th, 2024 - Milton devastation; TD Bank guilty plea, Inflation rises; NYPD shakeup; Diddy trial date

Morning Announcements

Today’s Headlines: Hurricane Milton struck Florida's western central coast, killing 13 people and leaving 3 million homes without power. A reverse storm surge reduced expected damage, but strong winds caused significant destruction, including knocking a crane onto a building and damaging the Tampa Bay Rays' stadium. In other news, TD Bank pleaded guilty to money laundering, facing a historic settlement with the DOJ. September’s inflation report showed a slight rise, while jobless claims hit a 14-month high. NYC’s NYPD Commissioner resigned amid ongoing federal investigations, and Diddy’s trial for racketeering and trafficking charges has been set for May 5th.

Resources/Articles mentioned in this episode:

• AP News: Why Milton's 'reverse surge' sucked water away from flood-fearing Tampa
• AP News: Disney World and other Orlando parks to reopen Friday after Hurricane Milton shutdown
• AP News: TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department
• CNBC: Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
• Politico: NYPD commissioner heading for the exit amid corruption scandal surrounding Mayor Adams
• NY Times: Sean ‘Diddy’ Combs’s Sex Trafficking Trial Is Set for May 5

Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

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