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A123 bankruptcy financing gets final approval

Submitted by Fox First at Ten on November 26th

By RANDALL CHASEAP Business Writer WILMINGTON, Del. (AP) - A Delaware judge is giving final approval for Chinese auto-parts maker Wangxiang Group to provide $50 million in bankruptcy financing for battery maker A123 Systems. A123, which makes lithium ion batteries for electric cars, sought

Cuomo: Sandy cost NY, NYC $32B in damage and loss

Submitted by Fox First at Ten on November 26th

By MICHAEL GORMLEYAssociated Press ALBANY, N.Y. (AP) - Top political leaders in New York put their heads together Monday on big requests for federal disaster aid as Gov. Andrew Cuomo announced that Superstorm Sandy ran up a bill of $32 billion in the state and the nation's largest city. The

Cuomo: Sandy cost NY, NYC $32B in damage and loss

Submitted by Fox First at Ten on November 26th

AP IMPACT: NYC flood protection won't be easy

Submitted by Fox First at Ten on November 26th

By ADAM GELLERAP National Writer NEW YORK (AP) - Inside tunnels threading under a Houston medical campus, 100 submarine doors stand ready to block invading floodwaters. Before commuters in Bangkok can head down into the city's subways, they must first climb three feet of stairs to raised

Why is Kristen Stewart "desperate"?

Submitted by Fox First at Ten on November 15th

By Sadie Gennis,

NY utilities Con Ed, LIPA subpoenaed in Sandy work

Submitted by Fox First at Ten on November 15th

By MICHAEL GORMLEYAssociated Press ALBANY, N.Y. (AP) - The utility companies Consolidated Edison and Long Island Power Authority confirmed Wednesday they received subpoenas from the state attorney general and were cooperating with his investigation into their preparation for and response to

At a glance: Recovery from Superstorm Sandy

Submitted by Fox First at Ten on November 13th

By The Associated Press The latest on Superstorm Sandy recovery efforts in New Jersey and New York: POWER - The main utility on New York's Long Island, the Long Island Power Authority, says that more than 14,000 homes and businesses still lack power but that most should have it back on by

Many on NY's Long Island still dark after Sandy

Submitted by Fox First at Ten on November 12th

By FRANK ELTMAN and MICHAEL VIRTANENAssociated Press HICKSVILLE, N.Y. (AP) - Two weeks after Superstorm Sandy, while most utilities have restored electricity to nearly all their customers, there was one glaring exception Monday: a Long Island power company with more outages - almost 60,000

NY governor to seek $30B in superstorm federal aid

Submitted by Fox First at Ten on November 12th

By MICHAEL VIRTANENAssociated Press ALBANY, N.Y. (AP) - Gov. Andrew Cuomo plans to request $30 billion in federal aid to rebuild after Superstorm Sandy, which heavily damaged parts of New York City and Long Island, he said Monday. The administration will seek a supplemental appropriation to cover

Gas rationing, shortage fray nerves in NYC

Submitted by Fox First at Ten on November 9th

By JIM FITZGERALD and TOM HAYSAssociated Press NEW YORK (AP) - A gasoline shortage caused by Superstorm Sandy forced 1970s-era rationing on New Yorkers Friday, adding a fuel-gauge obsession to their frayed nerves and dwindling patience. "I take passenger, I look at gas. I take another passenger