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  • *New York, Philadelphia, Washington, Boston in its path. Sandy, expected to come ashore late on Monday, could deliver a harsh blow to major cities including New York, Philadelphia, Washington, Baltimore and Boston. Its center was forecast to strike the New York- New Jersey area and then move inland toward Philadelphia and the rest of Pennsylvania.

  • *Coast Guard issues storm conditions for Mid-Atlantic. Hurricane Sandy, which is expected to come ashore late on Monday, could be the biggest storm to hit the U.S. mainland, bringing strong winds and dangerous flooding to the East Coast from the mid-Atlantic states to New England, forecasters said.

  • Governments to debate 50 bln euro cut to EU budget Sunday, 28 Oct 2012 | 7:58 PM ET

    BRUSSELS, Oct 28- European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro long-term budget, a source familiar with the issue said.

  • *Bank of Japan poised to ease as economy takes a hit. LONDON, Oct 28- The last employment report before the U.S. presidential election is likely to have something for everyone- for those bullish and bearish on the economy and for Barack Obama and Mitt Romney.

  • NEW YORK, Oct 28- The CME said it will suspend floor trading on Monday at its NYMEX world headquarters because of mandatory evacuation by the city of New York ahead of Hurricane Sandy but the move is unlikely to affect trade as higher-volume electronic dealing will operate normally.

  • Oct 28- Goldman Sachs& Co. told employees in an internal memo Sunday that the firm will be open for business on Monday as Hurricane Sandy approaches, though only employees ``critical'' to operations will be asked to get to downtown Manhattan, and then only if they can do so safely.

  • *New York, Philadelphia, Washington, Boston in its path. Sandy, expected to come ashore late on Monday, could deliver a harsh blow to major cities in its target zone including New York, Philadelphia, Washington, Baltimore and Boston. Its center was forecast to strike New York- New Jersey area and then move inland toward Philadelphia and the rest of Pennsylvania.

  • *New York, Philadelphia, Washington, Boston in its path. Sandy, expected to come ashore late on Monday, could deliver a harsh blow to major cities in its target zone including New York, Philadelphia, Washington, Baltimore and Boston. Its center was forecast to strike New York- New Jersey area and then move inland toward Philadelphia and the rest of Pennsylvania.

  • *Debt-limit hike could be too much for lame-duck Congress. WASHINGTON, Oct 28- A U.S. debt-ceiling increase could be headed for a Wall Street- rattling s howdown in 2013 if Congress, as expected, shuns a quick and easy fix at the end of this year in favor of another round of last-minute brinkmanship.

  • Ukraine ruling party claims victory in election Sunday, 28 Oct 2012 | 6:08 PM ET

    KIEV, Ukraine-- Ukrainian President Viktor Yanukovych's party claimed victory Sunday in a parliamentary vote tainted by the jailing of the country's top opposition leader.

  • Eastern US braces for dangerous superstorm Sunday, 28 Oct 2012 | 6:08 PM ET

    NEW YORK-- From Washington to Boston, big cities and small towns Sunday buttoned up against the onslaught of a superstorm that could endanger 50 million people in the most heavily populated corridor in the nation, with forecasters warning that the New York area could get the worst of it _ an 11- foot wall of water.

  • *New York mass transit system to close at 7 p.m. Sunday. NEW YORK, Oct 28- U.S. stock exchanges and Wall Street banks are sending employees into Manhattan on Sunday to stay in hotels and coworkers' homes, as markets prepare to open for business on Monday even as Hurricane Sandy brings public transportation to a halt.

  • WASHINGTON, Oct 28- The United States runs the risk of a recession far deeper than many investors and policymakers may think if lawmakers fail to avert looming tax hikes and cuts to public spending.

  • TORONTO, Oct 28- Workers at Lear Corp's Whitby, Ontario plant, which supplies car seats to General Motors Co in Canada, went on strike on Sunday with employees and management far apart on a range of issues, the Canadian Auto Workers union said. The Whitby factory makes seats for vehicles at the GM plant in Oshawa, Ontario.

  • U.S. Insurers prepare for impact of Hurricane Sandy Sunday, 28 Oct 2012 | 4:36 PM ET

    Travelers is the third-largest insurer in New York for both personal home and auto and commercial lines of insurance, and the second-largest in Connecticut. Weather is unlikely to interfere with claims processing, a spokesman said, even though the company is headquartered in New Jersey, Chubb has a major center in Arizona that can handle claims as needed.

  • NYSE to trade electronically Monday, shut floor Sunday, 28 Oct 2012 | 4:23 PM ET

    NEW YORK-- The New York Stock Exchange will close its trading floor Monday as Hurricane Sandy barrels its way up the Northeast, but Big Board trading will continue electronically. NYSE Euronext said Sunday it is putting in place its contingency plans beginning Monday and will announce later when the trading floor will reopen.

  • Six East Coast oil refineries representing 1.19 million barrels per day- or 7 percent of total U.S. capacity- could potentially be hit by the deadly storm, which left at least 41 dead as it roared through the Caribbean and churned northward.

  • French bosses urge 30 bln euro cut in payroll tax Sunday, 28 Oct 2012 | 3:51 PM ET

    PARIS, Oct 28- Executives from nearly 100 of France's biggest companies called on the Socialist government on Sunday to cut payroll taxes by 30 billion euros over two years to regain waning competitiveness.

  • Oct 28- New York City Mayor Michael Bloomberg on Sunday ordered public schools closed on Monday and said that areas of the city from City Island to Coney Island to Battery Park City were under mandatory evacuation because of approaching Hurricane Sandy.

  • NEW YORK, Oct 28- Earnings season may be only half over, but the focus on profits should subside this week as investors turn their attention to the coming election and Friday's jobs data- the last major economic indicator before the Nov. 6 contest.

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