The World Meteorological Organization removed the name 'Isis' from the list of hurricane names.» Read More
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See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
The Chubb Corp. hit a 52-week high but is the wind about to blow the other way on insurance stocks as hurricanes come rolling in? Brian Meredith, managing director at UBS shared his insights.
Flaws in flight simulator training helped trigger some of the worst airline accidents in the past decade, according to a USA TODAY analysis of federal accident records.
After Hurricane Katrina, as the city lost billions of dollars in tourism business, the New Orleans Convention and Visitors Bureau embarked on a mission to overcome unprecedented brand impairment. Today, the tourism industry stands taller, stronger than before.
Michael Brown, the former administrator of the Federal Emergency Management Agency and the initial poster child for all that went wrong in the aftermath of Hurricane Katrina, is visiting New Orleans for the fifth anniversary of the event that made him said poster child.
A major disaster sets the perfect stage for grandstanding. And nothing was more “major” at the time than Hurricane Katrina. Business and government leaders laid out their dramatic plans to come to the rescue.
The Katrina anniversary is all about contrasts. More than one resident has called it a tale of two cities and, as cliched as that phrase may be, it certainly applies here. Unemployment is below the national average, but poverty is twice the national rate.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
It's a tall order to transform New Orleans by 2030, but that's the aim of the city's new master plan—five years after Hurricane Katrina hobbled this historic place and the surrounding Gulf coast region.
Nearly five years after Katrina and the devastating failures of the levee system, New Orleans is well on its way to getting the protection system Congress ordered: a ring of 350 miles of linked levees, flood walls, gates and pumps that surrounds the city and should defend it against the kind of flooding that in any given year has a 1 percent chance of occurring.
Buyers are walking away when sellers refuse last-minute demands, making a drop in sales worse than expected, the NYT reports.
As the Gulf Coast battles the worst oil spill in U.S. history, residents are also bracing for what forecasters predict will be the most active hurricane season in recent years.
The owner of Lousiana's largest oyster producer, Motivatit Seafood, says he will have to raise prices if the water where he harvests oysters gets over-run by the coming tide of oil.
Caught in the middle of the nationwide housing storm, the residents of an unfinished housing development outside Fort Myers, Fla., now now see a ray of light.
The volcanic ash is starting to settle, but Hollywood is still taking stock of the impact of the natural disaster on the entertainment business.
Europe is under an utterly unexpected and unprecedented emergency regime and neither governments nor businesses really have any backup plans for this kind of event.
Austrian authorities reopened the nation’s airspace Monday, but that does not mean travel headaches are over, either in Austria or across the world.
Today the National Association of Realtors reported an unexpected 7.6 percent monthly drop in its Pending Homes Sales Index in January.
U.S. jobs data and developments in the Greek financial crisis could be important catalysts for stocks in the week ahead.