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Mitchell Tsai
Gustav Loses Steam As It Moves Inland [TheStreet - 9/1/08 3:49 pm EDT] - http://www.thestreet.com/s...
At 3 p.m. EDT, Gustav's center was located near Franklin, La. and was moving toward the northwest at about 16 mph. - Mitchell Tsai from Bookmarklet
Forecasters said the hurricane would continue in this direction over the next couple of days but that its speed would decrease. The trajectory puts Gustav in eastern Texas on Tuesday. - Mitchell Tsai
In New Orleans, wind-blown water splashed over the top of the floodwall to the city's Industrial Canal, but the Army Corp of Engineers said they expected the levees would hold, according the AP. There was ankle- to knee-deep flooding on some of the streets closest to the canal Monday in the Upper Ninth Ward, the AP also reported. - Mitchell Tsai