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German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.
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NEW YORK, Nov 4- A housing crisis loomed in New York City as victims of superstorm Sandy struggled on Sunday against near-freezing temperatures and officials fretted that displaced voters would not be able to cast ballots in Tuesday's presidential election. Mayor Michael Bloomberg said 30,000 to 40,000 people in New York City alone would need housing.
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*Two more deaths in New Jersey, one from hypothermia. By Michelle Nichols and Robin Respaut.
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By Michelle Nichols and Jeanine Prezioso. NEW YORK, Nov 4- Victims of superstorm Sandy on the East Coast struggled against the cold on Sunday amid fuel shortages and power outages, two days ahead of an election that polls suggest is a dead heat between President Barack Obama and his Republican rival.
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NEW YORK, Nov 3- Fuel supplies headed toward disaster zones in the U.S. President Barack Obama, neck-and-neck in opinion polls with Republican rival Mitt Romney three days before the general election, told emergency response officials to cut through government ``red tape'' and work without delay to help ravaged areas return to normal as quickly as possible.
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NEW YORK, Nov 3- Fuel supplies headed toward disaster zones in the U.S. The power restorations relit the skyline in Lower Manhattan for the first time in nearly a week and allowed 80 percent of the New York City subway service to resume, but more than a million homes and businesses still lacked power, down from 3.5 million on Friday.
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*New York City subway service mostly restored. NEW YORK, Nov 3- Fuel flowed toward disaster victims on Saturday and the lower Manhattan skyline lit up for the first time since superstorm Sandy slammed into the U.S.
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Northeast while thousands of storm victims in New Jersey and elsewhere remained in the dark and awaiting disaster relief.
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NEW YORK, Nov 3- While power returned to much of Manhattan and fuel supplies were headed for the disaster zone, residents of some of the hardest-hit areas faced a long wait for electricity and help after superstorm Sandy's devastating strike on the U.S.
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By Edith Honan and Michelle Nichols. NEW YORK, Nov 2- Tempers frayed in long gas lines and millions were still without electricity across the U.S. Northeast on Friday as the death toll from superstorm Sandy hit 102 and crews searched for more victims in devastated communities in New York and New Jersey.
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New York City canceled its annual marathon in the face of mounting anger as utilities restored power to about a million East Coast homes and businesses but still had about 3.5 million customers in the dark four days after Sandy hit the U.S. coast.
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SAN JUAN, Puerto Rico-- Construction has started in Puerto Rico on what will soon be the Caribbean's largest solar energy park. The $265 million project is being built in southern Puerto Rico and is expected to generate enough electricity to power more than 13,000 homes in the U.S. territory.
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Nov 2- Penske Automotive Group Inc, the No. 2 U.S. car dealership group, posted a stronger-than-expected quarterly profit on Friday, but shares fell more than 2 percent as gross margins and vehicle pricing disappointed.
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DUBLIN, Nov 2- Ireland jailed former billionaire Sean Quinn on Friday for failing to disclose assets he was hiding abroad, completing the fall from grace of the richest man in Ireland's ``Celtic Tiger'' boom.
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By Radu Marinas and Sam Cage and Justyna Pawlak and Raissa Kasolowsky. BUCHAREST/ BRUSSELS/ DUBAI, Nov 2- Two months into anti-government protests in Syria last year, as the military crackdown grew more vicious, the European Union and United States introduced sanctions against President Bashar al-Assad, his security chiefs and members of his family.
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*Scarabeo 9 drilling rig leaving Cuba for West Africa. Communist Party newspaper Granma reported that a well drilled off western Cuba by Venezuelan state oil company PDVSA had been plugged because it ``did not offer possibilities of commercial exploitation.''.
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*Residents of hard-hit Staten Island complain of being ignored. NEW YORK, Nov 2- From New York City's Staten Island to the popular beach towns of the Jersey Shore, rescuers and officials on Friday faced growing evidence of widespread destruction wrought by superstorm Sandy, mounting anger over delayed relief and a rising death toll.
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NEW YORK/ SEASIDE HEIGHTS, N.J., Nov 1- Rescuers searched flooded homes for survivors, drivers lined up for hours to get scarce gasoline and millions remained without power on Thursday as New York City and nearby towns struggled to recover from one of the biggest storms to hit the United States.
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*Dow up 1 pct, S&P 500 up 1.1 pct, Nasdaq up 1.4 pct. NEW YORK, Nov 1- The S&P 500 scored its best day in seven weeks on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S.
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*At least 93 dead, cost estimated at up to $50 billion. NEW YORK/ SEASIDE HEIGHTS, N.J., Nov 1- Rescuers searched flooded homes for survivors, drivers lined up for hours to get scarce gasoline and millions remained without power on Thursday as New York City and nearby towns struggled to recover from one of the biggest storms ever to hit the United States.
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*Dow up 1 pct, S&P 500 up 1.1 pct, Nasdaq up 1.4 pct. NEW YORK, Nov 1- The S&P 500 scored its best day in seven weeks on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S.