Bank of America's ex-CEO Kenneth Lewis has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch.» Read More
*New York mayor says 30,000 to 40,000 need housing. NEW YORK, Nov 4- With freezing temperatures forecast, tens of thousands of people hit by superstorm Sandy need temporary housing, New York officials said on Sunday, but it was not immediately clear where they could all be sheltered.
NEW YORK, Nov 4- A housing crisis loomed in New York City as victims of superstorm Sandy struggled on Sunday without heat in near-freezing temperatures, and officials fretted displaced residents would not be able to vote in Tuesday's presidential election. Mayor Michael Bloomberg said 30,000 to 40,000 people in New York City alone would need housing.
Northeast fell to 1.9 million on Sunday morning, down from 2.5 million the previous afternoon, although a quarter of New Jersey and almost a tenth of New York remained in the dark, the Department of Energy said.
NEW YORK, Nov 4- With freezing temperatures forecast, tens of thousands of people hit by superstorm Sandy need temporary housing, New York officials said on Sunday, but it was not immediately clear where they could all be sheltered. But nearly 1 million people in New Jersey and almost 730,000 in New York state are still without power, authorities said.
NEW YORK, Nov 4- More fuel terminals came back online in the New York harbor network on Sunday as mainline power was restored nearly a week after super storm Sandy, but gasoline shortages persisted and some major facilities remained idle.
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.
NEW YORK, Nov 4- Tens of thousands of people affected by superstorm Sandy could soon need housing as cold weather descends on the state of New York, Governor Andrew Cuomo said on Sunday.
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.
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.
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.
Nov 3- The New York area's energy network remained under strain on Saturday, six days after Hurricane Sandy shut down pipelines, fuel terminals and refineries and left millions without power in the country's most densely populated region.
NEW YORK-- The lights went back on Saturday in lower Manhattan, prompting screams of sweet relief from residents who'd been plunged into darkness for nearly five days by Superstorm Sandy. But nowhere was the scene more confused than at a refueling station in Brooklyn, where the National Guard gave away free gas.
*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.
NEW YORK, Nov 3- When Jeroen Aerts, a Dutchman tasked with crafting a plan to defend New York City from flooding, first looked at its coastline seven years ago, he was taken aback by how vulnerable it was.
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.
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.
*Traffic on Manhattan bridges, tunnels down 48 pct vs normal. NEW YORK, Nov 2- A third day of gasoline ``panic buying'' among storm-stricken New York area motorists prompted authorities on Fr iday to tap strategic oil reserves and waive shipping regulations even as limited deliveries resumed in the battered region.
Nov 2- U.S. utilities restored power on Friday to about a million East Coast homes and businesses plunged into darkness by Hurricane Sandy, a slowdown from the past two days, as crews began to work on the hardest-hit areas that may take days to fix.
NEW YORK, Nov 2- A third day of ``panic buying'' of gasoline among Sandy-struck New York area motorists o n F riday prompted action from authorities, who waived shipping regulations even as pipelines and oil tankers resumed limited shipments.
*Traffic on Manhattan bridges, tunnels down 48 pct vs normal. NEW YORK, Nov 2- The lines of New York area motorists scrambling for gasoline lengthened on Friday, as a third day of ``panic buying'' intensified even as pipelines and oil tankers resumed limited shipments. Two New Jersey refineries were still shut, with reports of severe damage at one.