Top News & Analysis New Jersey

  • Hurricane Sandy Shuts Down Stock Trading

    CNBC's Kayla Tausche reports on the storm's surge along New Jersey's coast; and The Weather Channel's Maria LaRosa tracks Sandy's high winds. Also, crunching the numbers on the potential damage and its impact on insurance, with Chuck Watson, Kinetic Analysis Corp, and Mike Santoli, Yahoo Finance senior columnist.

  • New Jersey Powering Up For the Storm

    Ralph LaRossa, PSE&G president & COO, explains how his power company is preparing to handle a storm of this magnitude as it heads to the Garden State.

  • SINGAPORE, Oct 29- Oil slipped on Monday, with Brent near $109 a barrel, as refineries along the U.S. East Coast wind down operations ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • *Stock, options markets shutting down Monday. NEW YORK, Oct 28- U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy.

  • NEW YORK, Oct 28- Wall Street firms were set to open with limited staffing on Monday, as stock markets remain closed ahead of Hurricane Sandy's approach and many traders in other markets as well as other financial professionals worked from home.

  • *NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE, NYMEX floor trading operations suspended. NYSE said on Sunday afternoon that it will close its physical trading floor operations for the first time in nearly three decades due to a weather-related emergency, but would move trading of NYSE- listed stocks to its fully electronic exchange.

  • SINGAPORE, Oct 29- U.S. crude futures slipped below $86 a barrel on Monday as refineries along the East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer. *U.S. crude for December delivery fell 43 cents to $85.85 a barrel by 2316 GMT.

  • NEW YORK, Oct 28- Oil refineries along the U.S. East Coast began to cut rates and companies prepared other energy facilities on Sunday ahead of Hurricane Sandy's expected landfall along New Jersey's barrier islands.

  • New York, Philadelphia, Washington, Boston in its path. *New York, New Jersey, Amtrak transit systems to shut. The massive storm, which has already killed 66 people in the Caribbean, was headed toward a densely populated region that includes Washington, New York and Boston and its effects could be felt for hundreds of miles, officials warned.

  • *NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE suspends trading floor for first time since 1985. But NYSE said on Sunday afternoon that it would close its physical trading floor operations for the first time since 1985. It will instead trade NYSE- listed securities on its fully electronic exchange, NYSE Arca.

  • *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.

  • 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.

  • 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.

  • 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.

  • 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.