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Storm leads companies to postpone earnings reports

Storm leads companies to postpone earnings reports
NEW YORK (AP) - A number of major U.S. companies postponed quarterly earnings reports scheduled for Monday and Tuesday, as Hurricane Sandy barreled into the East Coast and caused the first unplanned shutdown of financial markets since 2001. Pfizer Inc., Thomson Reuters Corp., Time Warner Cable Inc

Mammoth storm Sandy plunges NYC into darkness

Mammoth storm Sandy plunges NYC into darkness
By JENNIFER PELTZ and TOM HAYSAssociated Press NEW YORK (AP) - Much of New York was plunged into darkness Monday by a superstorm that overflowed the city's historic waterfront, flooded the financial district and subway tunnels and cut power to hundreds of thousands of people. The city had

Sandy gains power and aims for Northeast

Sandy gains power and aims for Northeast
By ALLEN G. BREED and JENNIFER PELTZAssociated Press NEW YORK (AP) - Gaining strength and threatening 50 million people, Hurricane Sandy chugged north Monday, raking ghost-town cities along the Northeast corridor with rain and wind gusts. Subways and schools were closed, the floor of the New York

Sandy gains power and aims for Northeast

Sandy gains power and aims for Northeast
By ALLEN G. BREED and JENNIFER PELTZAssociated Press NEW YORK (AP) - Gaining strength and threatening 50 million people, Hurricane Sandy chugged north Monday, raking ghost-town cities along the Northeast corridor with rain and wind gusts. Subways and schools were closed, the floor of the New York

A week to go: Sandy disrupts presidential campaign

A week to go: Sandy disrupts presidential campaign
By DAVID ESPO and JULIE PACEAssociated Press WASHINGTON (AP) - Eight days before the election, President Barack Obama switched from campaigner to hands-on commander of the federal response to Superstorm Sandy as it barreled across the Eastern Seaboard. Republican Mitt Romney scaled back his

A week to go: Sandy disrupts presidential campaign

A week to go: Sandy disrupts presidential campaign
By DAVID ESPO and JULIE PACEAssociated Press WASHINGTON (AP) - Eight days before the election, President Barack Obama switched from campaigner to hands-on commander of the federal response to Superstorm Sandy as it barreled across the Eastern Seaboard. Republican Mitt Romney scaled back his

Refineries scale back as storm moves in; oil falls

Refineries scale back as storm moves in; oil falls
By JOSHUA FREEDAP Business Writer The biggest refineries in the Northeastern United States shut down or throttled back sharply on Monday as Hurricane Sandy moved in. Oil prices fell as it appeared the massive storm will reduce demand by keeping drivers off the road and shutting businesses.

Asia stocks up slightly despite US superstorm

Asia stocks up slightly despite US superstorm
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets treaded upward Tuesday, kept afloat by expectations that Japan's central bank will announce action to help the country break out of its economic slump. But trading was subdued as a massive storm hobbled New York and much

East Coast grinds to a halt as superstorm nears

East Coast grinds to a halt as superstorm nears
By ALLEN G. BREED and JENNIFER PELTZAssociated Press NEW YORK (AP) - Hurricane Sandy bore down on the Eastern Seaboard's largest cities Monday, forcing the shutdown of mass transit, schools and financial markets, sending coastal residents fleeing for higher ground, and threatening a

Hurricane forces NYSE to shutter on Monday

Hurricane forces NYSE to shutter on Monday
NEW YORK (AP) - The New York Stock Exchange and other U.S. financial markets are shutting down Monday as Hurricane Sandy bears down on the nation's largest city. The NYSE's parent company said late Sunday that it had decided to close all of its markets the next day. The shutdown might be