Tag: disasters

Billion-dollar disasters have been sweeping across the US this year

Two severe weather events in May brought the number of billion-dollar disasters for the United States in 2024 up to nearly a dozen. The month began with a tornado outbreak from May 6 to May 10 that stretched across 23 states, going from South Dakota to Florida. There were 167 tornadoes confirmed, including a deadly […]

Why ‘black swans’ are behind the Key Bridge and other shipping disasters

Editor’s Note: Salvatore R. Mercogliano, Ph.D., is an associate professor of history at Campbell University, a former merchant mariner, the host of “What’s Going on With Shipping” on YouTube and contributor to gCaptain maritime. The views expressed here are his own. View more opinion articles on CNN. The allision between the container ship MV Dali and the Francis Scott […]

Maryland bridge disasters through the years

Mar. 27—By Mike Klingaman — jklingaman@baltsun.com PUBLISHED:March 27, 2024 at 5:00 a.m.| UPDATED:March 27, 2024 at 9:02 p.m. June 1999: A tractor-trailer carrying an oversized load struck a pedestrian bridge over the Baltimore Beltway near Catonsville, hurling debris onto the highway, killing one motorist and seriously injuring three others. The rig’s load exceeded the maximum […]

Maryland bridge disasters through the years

BALTIMORE — June 1999: A tractor-trailer carrying an oversized load struck a pedestrian bridge over the Baltimore Beltway near Catonsville, hurling debris onto the highway, killing one motorist and seriously injuring three others. The rig’s load exceeded the maximum height by 3 feet. August 1989: During repairs, the Route 198 bridge over the Baltimore-Washington Parkway […]

Warren Buffett Said His ‘Gruesome’ Investment Mistake Deserves A Spot In ‘Guinness World Records’ As One Of The Biggest Financial Disasters — This Bad Buy Cost $14.3 Billion

Warren Buffett, the billionaire investor and CEO of Berkshire Hathaway Inc., acknowledged one of his biggest financial blunders in buying Dexter Shoe Co. in 1993. Dexter, a Maine-based shoemaker, was initially perceived as a thriving business. Buffett remarked in his 2014 letter to shareholders that he had made many mistakes but one stood out as […]

Kendall Stanley: Disasters waiting

2023 was a disastrous year, and I don’t mean politically as MAGA would have you believe. Nope, Mother Nature hammered us to the tune of $92.9 billion in damages from winter and summer storms, wildfires, hurricanes, freezes, flooding and drought. The number of billion-dollar-a-year events have been rising, according to a report from the National […]