CABO SAN LUCAS, Mexico— Residents and tourists hunkered down in shelters and hotel conference rooms overnight as a powerful and sprawling Hurricane Odile made landfall on the southern Baja California peninsula.» Read More
Sandy could be the fifth-biggest hurricane in US history in terms of insured losses, according to early industry estimates, Allstate CEO Thomas Wilson told CNBC’s “Closing Bell” on Wednesday.
Dissecting the day's major business news, after the stock market opened for the first time since Sandy, with the Fast Money traders and CNBC's Bob Pisani. Michael LaBranche, LaBranche Advisors Principal, weighs in on today's trading action; and Brian Marshall, ISI Group analyst, says Apple is trying to rally back today.
The stock exchange is open for business today but the rest of lower Manhattan is just starting to recover, reports CNBC's Scott Cohn.
While rebuilding can be an offset to the losses from natural disasters, it's the general economic thinking that you rarely end up positive when all the costs are counted, reports CNBC's Steve Liesman.
The "Squawk on the Street" news team discusses the reopening of the NYSE, and the challenges facing New York City in the aftermath of Hurricane Sandy.
CNBC's Mary Thompson reports home improvement retailers are providing supplies in cleanup efforts after the storm.
CNBC's Kayla Tausche reports from Atlantic City that while most of the big casinos plan to reopen tomorrow, it will be difficult to get back to business as usual amid the devastation of Sandy. (3:44)
Captain Gordon Loebl, U.S. Coast Guard, discusses rescue and recovery efforts at sea after Super Storm Sandy.
CNBC's Scott Cohn reports on the opening of the Big Board today, as Lower Manhattan springs to life after Super Storm Sandy hit the area. And, a look at recovery efforts at the New Jersey shore, with CNBC's Kayla Tausche.
Many of the damage estimates from Sandy are not yet fully known, with CNBC's Steve Liesman and Brian Shactman; and Meteorologist Todd Gross says we are still dealing with Sandy for 3 reasons: it has moved backwards East to West, the storm stalled, and because of its size.
CNBC's Sharon Epperson breaks down the details of how to insure your home properly and avoid storm scams; and Tony Rodio, Tropicana Entertainment president & CEO, says the destruction in New Jersey is overwhelming, but Atlantic City came through as well as it could.
CNBC's Bob Pisani reports Duncan Niederauer, CEO of the NYSE Euronext, said the exchange's data center is in New Jersey and was unaffected by the story; and Janele Klein, The Weather Channel, says Sandy has brought 2 feet of snow already to West Virginia.
CNBC's Larry Kudlow says the human tragedy is the worst part of the Sandy story, and in terms of restoration from the storm, Kudlow says to not underestimate the power of the American spirit.
CNBC's Phil LeBeau reports one day after Sandy slammed into the East Coast, Newark, LaGuardia and JFK airports remain closed; Marc Magliari, Amtrak Media Relations Manager says some Northeast train services will begin operating tomorrow; and Ralph LaRossa, Public Service Electric & Gas Co. president and COO says more than 25 percent of customers services have been restored.
Meteorologist Todd Gross reports there are signs of Sandy re-strengthening. Assessing the damages from Sandy, with CNBC's Scott Cohn, Kayla Tausche and Mary Thompson; and Rep. Peter King (R-NY), discusses the devastation in New York due to the superstorm.
As our thoughts remain with all those who have been horribly affected by the devastation that hit the U.S. Eastern seaboard and its aftermath, we are being asked about the implications of Hurricane Sandy for markets
Digging into the fallout from Sandy, with the Fast Money traders, and CNBC's Scott Cohn and Courtney Reagan. Power outages totaled 7.8 million customers.
New York City is dealing with a historic power outage, reports CNBC's Courtney Reagan.
Koch admits the company missed a few deliveries, "But this is the Northeast. I mean, we have snowstorms, we have hail storms, we have hurricanes, this is not LA, you know, life is not easy out here."
CNBC's "Closing Bell" team offers insight on the damage and debris after Sandy barreled through New York City last night.