Hurricane Irma Turns Deadly in Caribbean Before it Heads to Florida (2017)
Channel: TheStreet
Date: 2017-09-07

The Caribbean island of Barbuda reportedly has 90% of its building destroyed by Hurricane Irma. The Turks & Caicos are expected to be hit today. Irma has turned deadly as it left a trail of destruction in the Caribbean and is expected to hit Florida this weekend. Meanwhile, the Miami Herald reports that some Floridians are accusing the airlines of price gouging, with fares up as much as 300% Nelson Peltz has put forth a plan to shake up Procter & Gamble ( PG ). It's a 94 page white paper that details splitting up the company into 3 separate businesses. Peltz wants to split P&G into beauty, home care and family care units, each with different regional leaders. Procter & Gamble executives say they don't agree with Peltz's assessment of the company or the strategy he laid out. It looks less likely that Gary Cohn will be named Chair of the Federal Reserve. President Trump had previously told the Wall Street Journal that he was considering Cohn, his top economic advisor, for the job to replace Janet Yellen. Now sources tell the Journal the shift in Cohn's prospects for the top Fed job arises largely from his criticism of Trump's response to the violence in Charlottesville, Virginia.