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Top News & Analysis New Jersey

  • NEW YORK, Oct 29- U.S. gasoline futures rallied while benchmark crude oil prices dipped on Monday as Hurricane Sandy slowed East Coast fuel deliveries to a crawl, with major refineries shut, pipelines idle and ports closed.

  • *New York, Philadelphia and Washington in its path. NEW YORK/ REHOBOTH BEACH, Del., Oct 29- Hurricane Sandy, one of the biggest storms ever to hit the United States, battered the densely populated East Coast on Monday, shutting down transportation, forcing evacuations in flood-prone areas and interrupting the presidential election campaign.

  • Oct 29- U.S. stock and bond markets will be closed on Tuesday, as Hurricane Sandy forced Wall Street to shut down trading for at least a second straight day. NYSE Euronext and Nasdaq OMX Group said they made their decision in consultation with industry executives and regulators, and intend to reopen Wednesday, conditions permitting.

  • NEW YORK, Oct 29- For some homeowners, the aftermath of Hurricane Sandy could bring a whole second round of troubles. You may be unpleasantly surprised: After Hurricane Irene hit in August 2011, more insurers tucked hefty wind and hurricane deductibles into their policies.

  • Oct 29- U.S. stock and bond markets will be closed on Tuesday, as Hurricane Sandy forced Wall Street to shut down trading for at least a second straight day. NYSE Euronext and Nasdq OMX Group said they made their decision in consultation with industry executives and regulators, and intend to reopen Wednesday, conditions permitting.

  • *U.S. East Coast refineries shutting ahead of hurricane. *Hurricane expected to hit U.S. East Coast later Monday. NEW YORK, Oct 29- U.S. gasoline futures rallied even as Brent crude seesawed and U.S. crude retreated on Monday as over two-thirds of the East Coast refining sector shut down ahead of Hurricane Sandy.

  • NEW YORK/ LONDON, Oct 29- Arabica coffee futures trading on ICE turned higher after hitting a four-month low on Monday, on concern about possible flooding in areas where stocks are stored on the U.S. East Coast and as the market approached a key support level.

  • Oct 29- Hurricane Sandy, located about 110 miles southeast of Atlantic City, New Jersey, and about 175 miles south-southeast of New York City, is expected to make landfall early Monday evening, the U.S. National Hurricane Center said in its latest bulletin. ``Sandy is now moving toward the northwest near 28 miles per hour.

  • *New York, Philadelphia and Washington in its path. NEW YORK/ REHOBOTH BEACH, Del., Oct 29- Hurricane Sandy, one of the biggest storms ever to hit the United States, began battering the densely populated East Coast on Monday, shutting down transportation, forcing evacuations in flood-prone areas and interrupting the presidential campaign.

  • Oct 29- U.S. stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday because of Hurricane Sandy, with an official announcement coming shortly, said people who were on an industry-wide call on the matter on Monday.

  • *U.S. East Coast refineries shutting ahead of hurricane. *Hurricane expected to hit U.S. East Coast later Monday. NEW YORK, Oct 29- U.S. gasoline futures rallied even as Brent and U.S. crude retreated on Monday as over two-thirds of the East Coast refining sector shut down ahead of Hurricane Sandy.

  • *U.S. East Coast refineries shutting ahead of hurricane. NEW YORK, Oct 29- U.S. gasoline futures jumped as much as 4 percent while benchmark Brent crude was little changed on Monday as over two-thirds of the East Coast refining sector shut down ahead of Hurricane Sandy.

  • NEW YORK, Oct 29- More than two-thirds of the U.S. East Coast's refining capacity shut on Monday ahead of Hurricane Sandy, sending gasoline futures up as much as 4 percent as operators braced for potentially damaging power outages and flooding.

  • The nuclear reactors in Sandy's current path include units at Public Service Enterprise Group Inc's 2,332- megawatt Salem and 1,161- MW Hope Creek plants in New Jersey, which were likely to bear the brunt of the storm before it moves inland.

  • *New York, Philadelphia, Washington, Boston in its path. NEW YORK/ REHOBOTH BEACH, Del., Oct 29- Hurricane Sandy began battering the U.S. East Coast on Monday with fierce winds and driving rain, as the monster storm shut down transportation, shuttered businesses and sent thousands scrambling for higher ground hours before the worst was due to strike.

  • Superstorm Accelerates Towards NJ

    Meteorologist Todd Gross says Hurricane Sandy is a "deep storm."

  • NEW YORK, Oct 29- New York Governor Andrew Cuomo said two key tunnels connecting Manhattan to New Jersey and Brooklyn would be closed later on Monday ahead of Hurricane Sandy. Cuomo said the Holland Tunnel, which opened in 1927 and remains one of the main connections between New Jersey and New York City, would close as a precaution at 2 p.m..

  • Shipping Disruptions?

    The ports of New York/New Jersey and Delaware Bay are closed, with CNBC's Mary Thompson.

  • Sandy was expected to lose some punch as she moves over Pennsylvania and Maryland, crossing near Constellation Nuclear Energy Group's 1,705- MW Calvert Cliffs nuclear plant in Maryland, Exelon Corp's 2,244- MW Peach Bottom, 805- MW Three Mile Island and 2,264- MW Limerick in Pennsylvania, and PPL Corp's 2,450- MW Susquehanna in Pennsylvania.

  • With Sandy gaining strength overnight as the vast storm turned westward toward New Jersey, Philadelphia Energy Solutions began the precautionary closure of key units at its 330,000 barrel-per-day Philadelphia refinery, the biggest in the region, said one source familiar with operations.