Jim Chesko, Amazon, Hurricane Nicole discussed on News, Traffic and Weather

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FM 97 7 spurred by a welcome report about the U.S. inflation picture stocks today enjoyed their biggest rally of the year. The S&P 500 and NASDAQ composite soared 5 and a half percent and 7 and a third percent respectively, while the down industrials rallied 1200 points. Last week, Amazon announced it would freeze corporate hiring for the next several months. Now the ecommerce and tech giant is starting to cost cutting review and Wall Street Journal reports that employees in some unprofitable divisions will see their teams suspended or closed. Even though rivian automotive late yesterday reported weaker than expected quarterly revenue, the electric vehicle maker reaffirmed its production goal for the full year, also partner Amazon confirmed that it would be rolling out 1000 EDs for the holiday season. The initial portion of it 100,000 order agreement. That's your money now. I'm Jim chesko, northwest news radio. Millions of Americans are preparing for the impact of hurricane Nicole, one of the latest hurricanes to make landfall in decades, bringing rain high winds and more all along the east coast this weekend. ABC's senior meteorologist rob Marciano has the latest on the storm's path from Atlanta. Tomorrow morning, heavy rain and wind here, severe weather threat across the Carolinas up and over the appalachians in through the mid Atlantic by tomorrow afternoon. And by the rush hour tomorrow, look at how heavy rain and wind coming into the northeast I 95 corridor. We will see some rain that will have some flooding, but it's moving quick enough, I think. It'll just be spotted. The main impacts will be the wind, the dangerous surf, the coastal flooding, and that wind will bring down some trees, power outages as well. As Russian soldiers retreat from the key city of kirsan, some Ukrainian officials are still wary of their

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