Top News & Analysis New Jersey

  • *Philadelphia's 330,000- bpd refinery restarting. *Hess 70,000- bpd NJ refinery, Imperial plant suffer outages.

  • *Verizon has flooding central offices, West Street out of action. *AT&T, T-Mobile USA, Sprint suffer service problems. While all the region's telecom service providers were having problems, Verizon Communications, which serves many of the states in the hurricane's path, may have suffered some of the worst damage from the storm to its wireline network.

  • Oct 30- U.S. East Coast electric companies report that outages from Hurricane Sandy have hit more than 8.2 million homes and businesses, the U.S. Department of Energy said in a report early on Tuesday.

  • Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.

  • *JFK, LaGuardia and Newark airports are closed until further notice, according to the Port Authority. *US Airways Group Inc is not operating in New York, Washington, Philadelphia, Boston and several other Northeast airports on Tuesday. *American Airlines has flights scheduled into Richmond, Virginia, several Ohio airports, Pittsburgh and Boston on Tuesday.

  • *NYSE, Nasdaq OMX testing trading systems on Tuesday. *NYSE could switch to electronic trading if necessary. NYSE Euronext said the New York Stock Exchange would open, although it would switch to fully electronic trading if necessary.

  • Oct 30- Citigroup Inc said it is ready for markets to re-open on Wednesday despite power outages in the waterside neighborhood around its trading floors and flood damage in a building where its investment bankers are based. It is also used by Citigroup's transaction services unit, which caters to corporations and governments around the world.

  • NEW YORK, Oct 30- The euro rallied against the dollar and yen on Tuesday after data showed the Spanish economy contracted slightly less than expected in the third quarter and Italy's borrowing costs fell at a sale of five- and 10- year debt.

  • Oct 30- More than 7.3 million homes and businesses along the U.S. East Coast were still without power Tuesday afternoon as the remnants of Hurricane Sandy continued to move across western Pennsylvania. Sandy made landfall in New Jersey Monday night.

  • Sandy Death Toll Climbs to 44

    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.

  • NEW YORK, Oct 30- Residents of lower Manhattan faced up to four days without power on Tuesday as Consolidated Edison, New York City's power provider, scrambled to repair the damage wrought by Hurricane Sandy.

  • Protecting Your Home From Storm Scams

    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.

  • Markets to Open As Normal Tomorrow

    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.

  • Kudlow: Don't Underestimate the American Spirit

    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.

  • NEW YORK, Oct 30- U.S. gasoline and heating oil futures slid on Tuesday, pulling back from pre-Hurricane Sandy gains as several key East Coast refineries and pipelines restored operations and traders bet on an enormous hit to demand for fuel.

  • Amtrak Restoring Some Services Tomorrow

    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.

  • *Saks, Macy's hope to open in New York City on Wednesday. *Wal-Mart says holiday plans intact. Luxury department store Saks Inc said it would reopen on Tuesday three of the stores that it had to close because of Sandy, including stores in greater Washington and Philadelphia.

  • Devastations From Sandy

    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.

  • *NYSE, Nasdaq OMX testing trading systems on Tuesday. NYSE Euronext said the New York Stock Exchange would open, although it would switch to fully electronic trading if necessary. Lower Manhattan, where Wall Street and the NYSE are located, lost power on Monday after being buffeted by Sandy, the worst storm to hit New York since at least 1938..

  • *Camden International says its 9 cocoa warehouses not damaged by storm. NEW YORK/ LONDON, Oct 30- Arabica coffee futures turned lower on Tuesday, giving back the previous session's gains, as many traders believed exchange stocks in U.S. East Coast warehouses were unscathed by Hurricane Sandy, one of the biggest storms ever to hit the region.