CNBC's Bertha Coombs looks at the impact of Irene on the Port of Balitimore, one of the largest on the East Coast. NJ Transit announces it will not operate Monday. Also, CNBC's Darren Rovell looks at the impact on the economy of Montauk, a haven for the rich and famous on Long Island. Ron Pohl, sr. vp, Best Western International, talks about how Irene has affected his company's revenue and possibly, earnings. And Scott Durchslag, Expedia Worldwide, talks about the impact on the overall travel industry.
Irene is the country's tenth multi-billion-dollar disaster this year. CNBC's Brian Shactman looks at the impact the blizzards, tornadoes, and now hurricanes, have had on the insurance industry in the U.S. Chuck Watson, Kinetic Analysis Corporation, discusses the dollar damages face by insurance companies, and how they've worked to mitigate losses. The storm, it turns out, was not nearly as bad as was expected.
CNBC's Phil LeBeau has the details on airlines in the process of preparing to move planes back to the Northeast, CNBC's Sharon Epperson has the update on oil and gas refineries shut down for safety concerns, Bob Pisani & Bertha Coombs take a look at the storm floods and damage in lower Manhattan and Baltimore; and insight on whether Wall Street will be back to normal tomorrow, with Dan Dicker, TheStreet.com and Rich Ilczyszyn, MF Global.
Christine Tezak, Baird senior energy & environmental policy analyst, weighs in on the nation's power grid and whether the replacement cycle and newness of the system will help in the long-term; Sino Forest CEO steps down reports CNBC's Herb Greeneberg, and Tom Hendricks, Air Transport Association explains the current situation in airports as they try to resume operations.