Google's initial public offering (IPO) took place five years later, on August 19, 2004. At that time Larry Page, Sergey Brin, and Eric Schmidt agreed to work together at Google for 20 years, until the year 2024. At IPO, the company offered 19,605,052 shares at a price of $85 per share. Shares were sold in an online auction format using a system built by Morgan Stanley and Credit Suisse, underwriters for the deal. The sale of $1.67 billion gave Google a market capitalization of more than $23 billion.
While moving northwestward, Dorian gradually reorganized. At 06:00 UTC on September 5, Dorian moved over the warm waters of the Gulf Stream and completed its eyewall replacement cycle, reintensifying into a Category 3 hurricane off the coast of South Carolina. However, several hours later, Dorian encountered high wind shear, causing the storm to weaken to a Category 2 hurricane early on September 6. Then, at 12:35 UTC that day, Dorian made landfall in Cape Hatteras, North Carolina as a Category 2 hurricane, with 1-minute sustained winds of 100 mph (160 km/h) and a minimum central pressure of 956 mb (28.2 inHg). Afterward, Dorian began to transition into an extratropical cyclone as it quickly moved northeastward, completing its transition on September 7. The storm maintained its intensity, due to baroclinic processes, generating Category 2 hurricane-equivalent winds. Several hours later, at 7:05 p.m. AST on September 7 (23:05 UTC on September 7), Dorian made landfall on Sambro Creek, Nova Scotia, as a Category 1-equivalent extratropical storm, before making another landfall on the northern part of Newfoundland several hours later. By 11:00 p.m. AST on September 8 (03:00 UTC on September 9), Dorian had moved into the Labrador Sea, 375 miles off the coast, moving northeastward at 24 mph (39 km/h), with wind speeds of 60 mph (97 km/h), maintaining tropical storm-strength winds. As Dorian no longer posed a threat to Atlantic Canada at that time, the NHC issued their final advisory on the storm. On September 10, Dorian's extratropical remnant dissipated off the coast of southern Greenland.
More InfoMany areas along the Atlantic coast reporting gusts of over tropical storm force, especially at Cape Canaveral. At 8 am EDT on September 4 at St. Augustine Beach, a sustained wind of 46 miles per hour (74 km/h) and a gust of 59 miles per hour (95 km/h) was reported. In Jacksonville, the city experienced tropical storm force winds on September 4 which blew around debris and knocked out power. A lifeguard rescued a woman pulled out by a rip current in Jacksonville Beach while other swimmers were ordered out of the water.
More InfoIn April 2019, the ICIJ and European newspapers reported that the global tally of such payments exceeded one billion USD, and is now at 1.2 billion. In comparison, Great Britain recovered the largest position (253 million), followed by Denmark (237 million), Germany (183 million), Spain (164 million), France (136 million) and Australia (93 million). Colombia with 89 million recuperated the highest amount for South and Central American countries, which were heavily involved in the financial scandal. While investigations are ongoing in Austria, Canada and Switzerland, and more payments are to be expected, many countries are conducting continued inspections of companies and private individuals revealed in the report.
More InfoFrom August 26 to August 28, the storm affected several parts of the northernmost Lesser Antilles. Damaging winds primarily affected the Virgin Islands where gusts reached 111 mph (179 km/h). Extensive precautionary measures were taken to mitigate damage, especially in Puerto Rico, where one person died. Elsewhere in the Lesser Antilles, impacts from the storm were relatively minor. In preparation for the storm, the states of Florida, Georgia, South Carolina, North Carolina and Virginia all declared a state of emergency and many coastal counties from Florida to North Carolina issued mandatory evacuation orders. Damage in the Bahamas was catastrophic due to the prolonged and intense storm conditions, including heavy rainfall, high winds and storm surge, with thousands of homes destroyed and at least 77 direct deaths recorded, 74 of which occurred in the Bahamas. The true death toll is unknown with 245 people still missing as of April 2020. Dorian is the costliest disaster in Bahamian history, estimated to have left behind $3.4 billion in damage.
More InfoIncreased tides were experienced in the Bahamas ahead of the storm, with rip currents occurring as well. On September 1, 2019, hurricane conditions arrived in some of the Abaco Islands. A few hours later, destructive conditions arrived, with Hurricane Dorian making landfall as a Category 5 hurricane at 16:40 UTC, becoming the strongest hurricane in modern records to strike the northwestern Bahamas. Around 12:30 pm AST, Category 5 winds arrived at the Bahamas with the eyewall. Gusts of over 200 mph (320 km/h) also occurred. Devastating storm surge of up to 23 feet swept away many buildings and submerged a large part of the affected areas. At 7:00 (UTC) on September 2, 2019, Grand Bahama International Airport was underwater. Minister of Agriculture Michael Pintard reported an estimated storm tide of 20 to 25 ft (6.1 to 7.6 m) at his home on Grand Bahama. The Bahamas prime minister, Hubert Minnis, said "This is a deadly [...] monster storm".
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