China’s November export, import growth shrinks, showing weak demand

China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country’s growth rate from slipping too much. Analysts say the export data showed that the “front-loading” impact as firms rushed out shipments to beat planned U.S. tariff hikes faded, and that export growth is likely to slow further as demand cools. The customs data showed that annual growth for exports to all


China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country’s growth rate from slipping too much. Analysts say the export data showed that the “front-loading” impact as firms rushed out shipments to beat planned U.S. tariff hikes faded, and that export growth is likely to slow further as demand cools. The customs data showed that annual growth for exports to all
China’s November export, import growth shrinks, showing weak demand Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-08  Authors: photographer, collection, getty images
Keywords: news, cnbc, companies, showing, rose, shrinks, data, shipments, customs, import, exports, earlier, demand, chinas, weak, growth, export, showed


China's November export, import growth shrinks, showing weak demand

China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country’s growth rate from slipping too much.

November exports only rose 5.4 percent from a year earlier, Chinese customs data showed on Saturday, the weakest performance since a 3 percent contraction in March, and well short of the 10 percent forecast in a Reuters poll.

Analysts say the export data showed that the “front-loading” impact as firms rushed out shipments to beat planned U.S. tariff hikes faded, and that export growth is likely to slow further as demand cools.

The customs data showed that annual growth for exports to all of China’s major partners slowed significantly. Exports to the United States rose 9.8 percent in November from a year earlier, compared with 13.2 percent in October.

To the European Union, shipments increased 6.0 percent, compared with 14.6 percent in October. Exports to South Korea fell from a year earlier, while in October they rose 7.7 percent.


Company: cnbc, Activity: cnbc, Date: 2018-12-08  Authors: photographer, collection, getty images
Keywords: news, cnbc, companies, showing, rose, shrinks, data, shipments, customs, import, exports, earlier, demand, chinas, weak, growth, export, showed


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Arrest of Huawei CFO shows ‘the gloves are now fully off,’ says Eurasia Group

The arrest of Huawei’s global chief financial officer in Canada, reportedly related to a violation of U.S. sanctions, will corrode trade negotiations between Washington and Beijing, risk consultancy Eurasia Group said Thursday. “Beijing is likely to react angrily to this latest arrest of a Chinese citizen in a third country for violating U.S. law,” Eurasia analysts wrote. Canada’s Department of Justice said on Wednesday the country arrested Meng Wanzhou in Vancouver, where she is facing extradit


The arrest of Huawei’s global chief financial officer in Canada, reportedly related to a violation of U.S. sanctions, will corrode trade negotiations between Washington and Beijing, risk consultancy Eurasia Group said Thursday. “Beijing is likely to react angrily to this latest arrest of a Chinese citizen in a third country for violating U.S. law,” Eurasia analysts wrote. Canada’s Department of Justice said on Wednesday the country arrested Meng Wanzhou in Vancouver, where she is facing extradit
Arrest of Huawei CFO shows ‘the gloves are now fully off,’ says Eurasia Group Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-06  Authors: huileng tan, photographer, collection, getty images, source
Keywords: news, cnbc, companies, related, statement, cfo, fully, sanctions, chinese, violation, group, trade, telecommunications, arrest, gloves, told, huawei, shows, eurasia


Arrest of Huawei CFO shows 'the gloves are now fully off,' says Eurasia Group

The arrest of Huawei’s global chief financial officer in Canada, reportedly related to a violation of U.S. sanctions, will corrode trade negotiations between Washington and Beijing, risk consultancy Eurasia Group said Thursday.

“Beijing is likely to react angrily to this latest arrest of a Chinese citizen in a third country for violating U.S. law,” Eurasia analysts wrote.

In fact, Global Times — a hyper-nationalistic tabloid tied to the Chinese Communist Party — responded to the arrest by posting on Twitter a statement about trade war escalation it attributed to an expert “close to the Chinese Ministry of Commerce.”

“China should be fully prepared for an escalation in the #tradewar with the US, as the US will not ease its stance on China, and the recent arrest of the senior executive of #Huawei is a vivid example,” said the statement, paired with a photo of opposing fists with Chinese and American flags superimposed upon them.

Canada’s Department of Justice said on Wednesday the country arrested Meng Wanzhou in Vancouver, where she is facing extradition to the U.S. The arrest is related to violations of U.S. sanctions, a person familiar with the matter told Reuters.

U.S. authorities have been probing Huawei, one of the world’s largest makers of telecommunications network equipment, since at least 2016 for allegedly shipping U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws, sources told Reuters in April.

The analysts said the Huawei executive’s arrest will not derail the start of trade negotiations after U.S. President Donald Trump and Chinese President Xi Jinping’s meeting last weekend in Argentina saw them agree to first steps to resolve their trade dispute. Still, they acknowledged, the incident involving Chinese telecommunications giant Huawei is likely to cloud talks.


Company: cnbc, Activity: cnbc, Date: 2018-12-06  Authors: huileng tan, photographer, collection, getty images, source
Keywords: news, cnbc, companies, related, statement, cfo, fully, sanctions, chinese, violation, group, trade, telecommunications, arrest, gloves, told, huawei, shows, eurasia


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Everyday conveniences will win over concerns about personal data collection: A.I. start-up SenseTime

On its own, tech cannot generate value: SenseTime 1:27 AM ET Wed, 28 Nov 2018 | 02:38The public will come to accept the applications of artificial intelligence in daily life and embrace conveniences such as facial recognition easing airport security lines, and virtual assistants in homes, according to a vice president at SenseTime — one of the most valuable AI start-ups in the world. While AI has prompted privacy concerns over possible abuses — such as government surveillance and invasion of pri


On its own, tech cannot generate value: SenseTime 1:27 AM ET Wed, 28 Nov 2018 | 02:38The public will come to accept the applications of artificial intelligence in daily life and embrace conveniences such as facial recognition easing airport security lines, and virtual assistants in homes, according to a vice president at SenseTime — one of the most valuable AI start-ups in the world. While AI has prompted privacy concerns over possible abuses — such as government surveillance and invasion of pri
Everyday conveniences will win over concerns about personal data collection: A.I. start-up SenseTime Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: andrew wong
Keywords: news, cnbc, companies, worldwhile, vicepresident, tech, virtual, startup, data, conveniences, concerns, ai, personal, everyday, win, privacy, collect, sensetime, west, collection


Everyday conveniences will win over concerns about personal data collection: A.I. start-up SenseTime

On its own, tech cannot generate value: SenseTime 1:27 AM ET Wed, 28 Nov 2018 | 02:38

The public will come to accept the applications of artificial intelligence in daily life and embrace conveniences such as facial recognition easing airport security lines, and virtual assistants in homes, according to a vice president at SenseTime — one of the most valuable AI start-ups in the world.

While AI has prompted privacy concerns over possible abuses — such as government surveillance and invasion of privacy, but SenseTime said it does not collect personal data indiscriminately.

“My point is that we don’t collect the data or use the data without the permission of users,” Leo Liu, group vice-president of SenseTime told CNBC at the East Tech West conference in the Nansha district of Guangzhou, China.


Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: andrew wong
Keywords: news, cnbc, companies, worldwhile, vicepresident, tech, virtual, startup, data, conveniences, concerns, ai, personal, everyday, win, privacy, collect, sensetime, west, collection


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Here’s how to start a wine collection — on a budget

Competition for collectable wine can be fierce. Just ask Nicholas Paris, who holds the prestigious Master of Wine designation from the Institute of Masters of Wine in London. Paris, 42, who has worked in the wine industry for years, once helped field competing bids from two executives at major Fortune 500 firms over a bottle of wine being auctioned at Christie’s. The executives, who were bidding by phone, did not know the identity of whom they were competing with over a 1947 Burgundy. But their


Competition for collectable wine can be fierce. Just ask Nicholas Paris, who holds the prestigious Master of Wine designation from the Institute of Masters of Wine in London. Paris, 42, who has worked in the wine industry for years, once helped field competing bids from two executives at major Fortune 500 firms over a bottle of wine being auctioned at Christie’s. The executives, who were bidding by phone, did not know the identity of whom they were competing with over a 1947 Burgundy. But their
Here’s how to start a wine collection — on a budget Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: lorie konish, j gallo winery, louis m martini winery
Keywords: news, cnbc, companies, win, prestigious, paris, collection, wine, heres, worked, phone, competing, executives, budget, helped, price, start


Here's how to start a wine collection — on a budget

Competition for collectable wine can be fierce.

Just ask Nicholas Paris, who holds the prestigious Master of Wine designation from the Institute of Masters of Wine in London.

Paris, 42, who has worked in the wine industry for years, once helped field competing bids from two executives at major Fortune 500 firms over a bottle of wine being auctioned at Christie’s.

The executives, who were bidding by phone, did not know the identity of whom they were competing with over a 1947 Burgundy. But their determination to win helped drive the price from $8,000 to $50,000.


Company: cnbc, Activity: cnbc, Date: 2018-11-30  Authors: lorie konish, j gallo winery, louis m martini winery
Keywords: news, cnbc, companies, win, prestigious, paris, collection, wine, heres, worked, phone, competing, executives, budget, helped, price, start


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General Motors pushes for National Zero Emissions Program

Alongside environmental considerations, GM’s national program would aim to “preserve U.S. industrial leadership for years to come.” The company said it anticipated that the program had the potential to place more than 7 million long-range electric vehicles on the road by 2030. If achieved, CO2 emissions could be reduced by 375 million tons between 2021 and 2030. Modelled on California’s Zero Emissions Vehicle (ZEV) Program, GM’s proposal provides several framework recommendations, such as establ


Alongside environmental considerations, GM’s national program would aim to “preserve U.S. industrial leadership for years to come.” The company said it anticipated that the program had the potential to place more than 7 million long-range electric vehicles on the road by 2030. If achieved, CO2 emissions could be reduced by 375 million tons between 2021 and 2030. Modelled on California’s Zero Emissions Vehicle (ZEV) Program, GM’s proposal provides several framework recommendations, such as establ
General Motors pushes for National Zero Emissions Program Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-26  Authors: chloe taylor, car culture, collection, getty images
Keywords: news, cnbc, companies, vehicle, electric, national, program, general, requirements, million, recommended, pushes, zero, vehicles, infrastructure, emissions, motors


General Motors pushes for National Zero Emissions Program

Alongside environmental considerations, GM’s national program would aim to “preserve U.S. industrial leadership for years to come.”

The company said it anticipated that the program had the potential to place more than 7 million long-range electric vehicles on the road by 2030. If achieved, CO2 emissions could be reduced by 375 million tons between 2021 and 2030.

Modelled on California’s Zero Emissions Vehicle (ZEV) Program, GM’s proposal provides several framework recommendations, such as establishing annual zero emissions vehicle requirements. This would start at 7 percent in 2021 and rise by 2 percent each year, bringing the requirement to 25 percent by 2030.

The firm also recommended the introduction of requirements after 2025 that would make electric vehicle batteries commercially viable – proposing a cost of $70 per kilowatt hour and the development of sufficient infrastructure to support the use and manufacturing of the vehicles.

The establishment of a Zero Emissions Task Force was an additional recommendation, as well as developing electric vehicles in self-driving vehicle projects.

GM suggested that the program should be terminated when its 25 percent target was met, unless it was concluded that the battery cost or infrastructure targets were not practicable within the recommended timeframe.


Company: cnbc, Activity: cnbc, Date: 2018-10-26  Authors: chloe taylor, car culture, collection, getty images
Keywords: news, cnbc, companies, vehicle, electric, national, program, general, requirements, million, recommended, pushes, zero, vehicles, infrastructure, emissions, motors


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Hotel rooms growth fuels Whitbread revenue rise

Revenue at Britain’s Whitbread Plc rose 2.6 percent in the first half as investment in expanding its network of Premier Inn hotels bore fruit in a rise in sales ahead of the sale of Costa Coffee to Coca-Cola. The hotel and restaurant group said sales had risen on the back of an influx of tourists to the U.K. and a rise in the overall capacity of the company’s hotels, although it said U.K. consumer demand overall had been weak. Whitbread said in August it was selling the world’s biggest coffee ch


Revenue at Britain’s Whitbread Plc rose 2.6 percent in the first half as investment in expanding its network of Premier Inn hotels bore fruit in a rise in sales ahead of the sale of Costa Coffee to Coca-Cola. The hotel and restaurant group said sales had risen on the back of an influx of tourists to the U.K. and a rise in the overall capacity of the company’s hotels, although it said U.K. consumer demand overall had been weak. Whitbread said in August it was selling the world’s biggest coffee ch
Hotel rooms growth fuels Whitbread revenue rise Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-23  Authors: photographer, collection, getty images
Keywords: news, cnbc, companies, overall, premier, rooms, inn, rise, whitbread, sales, uk, rose, consumer, revenue, growth, fuels, demand, company, hotel


Hotel rooms growth fuels Whitbread revenue rise

Revenue at Britain’s Whitbread Plc rose 2.6 percent in the first half as investment in expanding its network of Premier Inn hotels bore fruit in a rise in sales ahead of the sale of Costa Coffee to Coca-Cola.

The hotel and restaurant group said sales had risen on the back of an influx of tourists to the U.K. and a rise in the overall capacity of the company’s hotels, although it said U.K. consumer demand overall had been weak.

Whitbread said in August it was selling the world’s biggest coffee chain to Coke in a 5-billion pound deal that will leave the 276-year-old company focusing on its hotel brands.

Total U.K. sales growth in the U.K. at Premier Inn was 4.8 percent, although like-for-like growth was just 0.2 percent reflecting the weakening of consumer demand, the company said, pointing to turbulence in the U.K. economy ahead of next year’s planned departure from the European Union.

“Given the recent economic and political environment, along with inflationary pressures in the consumer sector, there is a degree of caution on demand,” the company said in statement.

Costa Coffee’s statutory profit rose 3.5 percent to 47 million pounds ($60.85 million) for the first half, which the company reported as a discontinued operation for the same period.

Whitbread said it expects to open 4,000-4,500 Premier Inn rooms in the U.K. and Germany in 2019, aiming to cash in on the trend of holidaymakers and business travelers towards cheaper accommodation.


Company: cnbc, Activity: cnbc, Date: 2018-10-23  Authors: photographer, collection, getty images
Keywords: news, cnbc, companies, overall, premier, rooms, inn, rise, whitbread, sales, uk, rose, consumer, revenue, growth, fuels, demand, company, hotel


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ASOS full-year profit up 28 pct, says potential is ‘huge’

Retail sales rose 26 percent to 2.36 billion pounds, in line with guidance issued in July, with growth of 23 percent in the UK and 27 percent overseas. ASOS forecast sales growth of 20-25 percent for the 2018-19 year and said it expected to grow at that rate for the medium term, with annual capital expenditure of 230-250 million pounds. The potential for our business is huge,” said Chief Executive Nick Beighton. They fell sharply in July after the firm missed analysts’ forecasts for sales growth


Retail sales rose 26 percent to 2.36 billion pounds, in line with guidance issued in July, with growth of 23 percent in the UK and 27 percent overseas. ASOS forecast sales growth of 20-25 percent for the 2018-19 year and said it expected to grow at that rate for the medium term, with annual capital expenditure of 230-250 million pounds. The potential for our business is huge,” said Chief Executive Nick Beighton. They fell sharply in July after the firm missed analysts’ forecasts for sales growth
ASOS full-year profit up 28 pct, says potential is ‘huge’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: photographer, collection, getty images
Keywords: news, cnbc, companies, pounds, 26, billion, uk, valuing, united, growth, huge, 28, warehouse, fullyear, pct, sales, business, profit, potential, asos


ASOS full-year profit up 28 pct, says potential is 'huge'

Retail sales rose 26 percent to 2.36 billion pounds, in line with guidance issued in July, with growth of 23 percent in the UK and 27 percent overseas. Active customers increased 19 percent.

ASOS forecast sales growth of 20-25 percent for the 2018-19 year and said it expected to grow at that rate for the medium term, with annual capital expenditure of 230-250 million pounds.

“ASOS is moving fast and is as differentiated as ever. The potential for our business is huge,” said Chief Executive Nick Beighton.

Listed on London’s junior AIM market, ASOS shares have fallen 26 percent so far this year. They fell sharply in July after the firm missed analysts’ forecasts for sales growth in the four months to June 30.

It said it had reined in marketing efforts as it focused on ramping up warehouse space in Germany and the United States.

The stock closed Tuesday at 5,000 pence, valuing the business at 4.2 billion pounds.


Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: photographer, collection, getty images
Keywords: news, cnbc, companies, pounds, 26, billion, uk, valuing, united, growth, huge, 28, warehouse, fullyear, pct, sales, business, profit, potential, asos


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Amazon launches online store featuring ‘Shark Tank’ products

Amazon announced on Monday that it has partnered with “Shark Tank” to feature products made by the entrepreneurs featured on the hit show. “We are excited for the Amazon Launchpad Shark Tank Collection to bring products from our entrepreneurs to retail for customers and fans of the series.” The Amazon Launchpad Shark Tank Collection launched with 70 products that were successfully funded on the first nine seasons of the show. “Our first big break as a company came with ‘Shark Tank.’ Disclaimer:


Amazon announced on Monday that it has partnered with “Shark Tank” to feature products made by the entrepreneurs featured on the hit show. “We are excited for the Amazon Launchpad Shark Tank Collection to bring products from our entrepreneurs to retail for customers and fans of the series.” The Amazon Launchpad Shark Tank Collection launched with 70 products that were successfully funded on the first nine seasons of the show. “Our first big break as a company came with ‘Shark Tank.’ Disclaimer:
Amazon launches online store featuring ‘Shark Tank’ products Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: catherine clifford, abc, matt petit
Keywords: news, cnbc, companies, entrepreneurs, featuring, collection, tank, shark, provides, statement, launches, launchpad, released, amazon, products, online, store


Amazon launches online store featuring 'Shark Tank' products

Call it a match made in entrepreneurs heaven.

Amazon announced on Monday that it has partnered with “Shark Tank” to feature products made by the entrepreneurs featured on the hit show.

“For the first time ever, ‘Shark Tank’ has a store on Amazon.com dedicated to helping our entrepreneurs scale their businesses and highlight top products from the show,” says Barbara Corcoran, one of the investors on the popular show, in a statement released Monday. “We are excited for the Amazon Launchpad Shark Tank Collection to bring products from our entrepreneurs to retail for customers and fans of the series.”

The Amazon Launchpad Shark Tank Collection launched with 70 products that were successfully funded on the first nine seasons of the show. Products for sale include the Hatch Baby (a smart baby-changing pad), Third Wave Water (a mineral supplement intended to enhance the taste of coffee) and Stasher (a reusable silicon food bag).

“Our first big break as a company came with ‘Shark Tank.’ It got us the attention we needed to attract a wide audience,” says Ann Weiss, CEO of Hatch Baby, in a statement released Monday. “Working with Amazon Launchpad feels like our second big break. We’re lucky to work with a team that understands the unique challenges facing entrepreneurs and who specifically supports and provides us with what we need to grow our business.”

Any entrepreneurs who have received investments from the Sharks will be considered for inclusion in the program. Those whose products are included in the collection will receive a $15,000 credit for Amazon Web Services, which provides cloud-computing services.

Disclaimer: CNBC owns the exclusive off-network cable rights to “Shark Tank.”


Company: cnbc, Activity: cnbc, Date: 2018-10-15  Authors: catherine clifford, abc, matt petit
Keywords: news, cnbc, companies, entrepreneurs, featuring, collection, tank, shark, provides, statement, launches, launchpad, released, amazon, products, online, store


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Chrissy Teigen launches a housewares collection in Target stores

TV host, model, social media star and cookbook author Chrissy Teigen will add domestic lifestyle influencer to her resume when she debuts a cookware collection at Target later this month. The Cravings by Chrissy Teigen collection will feature “all the essentials that Chrissy uses to prep, cook and serve up her favorite recipes,” the company said in a statement, including a cast iron Dutch oven, serveware, cutlery and glassware. The exclusive version of “Hungry for More” will be available in Targ


TV host, model, social media star and cookbook author Chrissy Teigen will add domestic lifestyle influencer to her resume when she debuts a cookware collection at Target later this month. The Cravings by Chrissy Teigen collection will feature “all the essentials that Chrissy uses to prep, cook and serve up her favorite recipes,” the company said in a statement, including a cast iron Dutch oven, serveware, cutlery and glassware. The exclusive version of “Hungry for More” will be available in Targ
Chrissy Teigen launches a housewares collection in Target stores Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-19  Authors: anne stych, biz women, theo wargo, getty images
Keywords: news, cnbc, companies, social, housewares, teigen, collection, cravings, target, hungry, cookbook, chrissy, teigens, statement, stores, launches


Chrissy Teigen launches a housewares collection in Target stores

TV host, model, social media star and cookbook author Chrissy Teigen will add domestic lifestyle influencer to her resume when she debuts a cookware collection at Target later this month.

The Cravings by Chrissy Teigen collection will feature “all the essentials that Chrissy uses to prep, cook and serve up her favorite recipes,” the company said in a statement, including a cast iron Dutch oven, serveware, cutlery and glassware.

Items in the 40-piece collection range in price from $4 to $140 (for 12-piece cookware set).

See the Instagram post here.

More from Biz Women:

Target races to fill toy void left by rival

Target had a booming quarter, with best sales growth since 2005

Behind Jeff Fager’s dismissal

Target will also feature an exclusive edition of “Cravings: Hungry for More,” the follow-up to Teigen’s bestselling cookbook “Cravings: Recipes for All the Food You Want to Eat.” The exclusive version of “Hungry for More” will be available in Target stores and online Wednesday, Sept. 18, which is also the widespread release date.

Mark Tritton, Target executive vice president and chief merchandising officer, noted that Teigen’s first modeling job was for a Target catalog.

“When we learned she was launching her own kitchen and tabletop line, we both knew it would be right at home at Target,” he said.

Teigen said the pieces in the housewares collection are “timeless but have character.”

In late June, Teigen, known for her social media influence, encouraged her followers on Instagram to pre-order “Cravings: Hungry for More,” and later posted that that although the cookbook was still in the pre-order stage, it was already a bestseller.

When the host of “Lip Sync Battle” on the Paramount Network announced to her 10 million followers on Snap in March that she would stop using the platform because an update made it difficult for people to find her, among other reasons, the company’s stock fell 3 percent.

Recipes in the new cookbook include Grilled Pork Banh Mi Sandwiches, Butternut & Pomegranate Salad, and Everything Bagel Cream Cheese Breakfast Bake, and said in a statement that her favorite recipe was for corn fritters and hot honey. Teigen said many of the dishes were “Luna approved” by her 2-year-old daughter.


Company: cnbc, Activity: cnbc, Date: 2018-09-19  Authors: anne stych, biz women, theo wargo, getty images
Keywords: news, cnbc, companies, social, housewares, teigen, collection, cravings, target, hungry, cookbook, chrissy, teigens, statement, stores, launches


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How meteorologists predict the next big hurricane

Hurricane forecasts have traditionally focused on predicting a storm’s track and intensity. What’s more, several empirical factors in the forecast models are either determined under laboratory conditions or in isolated field experiments. Such models include the NOAA’s Global Forecast System and European Centre for Medium-Range Weather Forecasts global models. A forecaster’s collection of models can be made larger by tweaking the models and slightly changing the starting conditions. Meteorologist


Hurricane forecasts have traditionally focused on predicting a storm’s track and intensity. What’s more, several empirical factors in the forecast models are either determined under laboratory conditions or in isolated field experiments. Such models include the NOAA’s Global Forecast System and European Centre for Medium-Range Weather Forecasts global models. A forecaster’s collection of models can be made larger by tweaking the models and slightly changing the starting conditions. Meteorologist
How meteorologists predict the next big hurricane Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-12  Authors: mark bourassa, vasu misra, noaa, getty images
Keywords: news, cnbc, companies, forecasters, meteorologists, predict, winds, collection, tropical, track, models, weather, forecast, hurricane, big, forecasts, storm


How meteorologists predict the next big hurricane

Hurricane forecasts have traditionally focused on predicting a storm’s track and intensity. The track and size of the storm determine which areas may be hit. To do so, forecasters use models – essentially software programs, often run on large computers.

Unfortunately, no single forecast model is consistently better than other models at making these predictions. Sometimes these forecasts show dramatically different paths, diverging by hundreds of miles. Other times, the models are in close agreement. In some cases, even when models are in close agreement, the small differences in track have very large differences in storm surge, winds and other factors that impact damage and evacuations.

What’s more, several empirical factors in the forecast models are either determined under laboratory conditions or in isolated field experiments. That means that they may not necessarily fully represent the current weather event.

So, forecasters use a collection of models to determine a likely range of tracks and intensities. Such models include the NOAA’s Global Forecast System and European Centre for Medium-Range Weather Forecasts global models.

The FSU Superensemble was developed by a group at our university, led by meteorologist T.N. Krishnamurti, in the early 2000s. The Superensemble combines output from a collection of models, giving more weight to the models that showed better predicted past weather events, such as Atlantic tropical cyclone events.

A forecaster’s collection of models can be made larger by tweaking the models and slightly changing the starting conditions. These perturbations attempt to account for uncertainty. Meteorologists cannot know the exact state of the atmosphere and the ocean at the time of the start of the model. For example, tropical cyclones are not observed well enough to have sufficient detail about winds and rain. For another example, the sea surface temperature is cooled by the passage of a storm, and if the area remains cloud-covered these cooler waters are much less likely to be observed by satellite.


Company: cnbc, Activity: cnbc, Date: 2018-09-12  Authors: mark bourassa, vasu misra, noaa, getty images
Keywords: news, cnbc, companies, forecasters, meteorologists, predict, winds, collection, tropical, track, models, weather, forecast, hurricane, big, forecasts, storm


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