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Top News & Analysis Philadelphia

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  • Nov 2- Delta Air Lines said on Friday that a key revenue measure improved in October, helped by corporate travel and cancellations in the wake of superstorm Sandy.

  • For Romney, Obama, a final jobs report fuels race Friday, 2 Nov 2012 | 7:43 AM ET

    COLUMBUS, Ohio-- In the final throes of a spirited campaign, President Barack Obama and rival Mitt Romney are awaiting one more measure of the nation's economic pulse _ a monthly jobs report that will leave an imprint on the last four frenetic days of the presidential contest.

  • At the heart of the problem is the fact that Sandy has devastated the energy industry's ability to move fuel into and around the New York City region, particularly the harbor, by any of the three means that normally supply the area: tanker imports from abroad; pipeline shipments from the U.S. Gulf Coast; or refinery production from the mid- New Jersey area.

  • *Costco, Nordstrom, Rite Aid say storm may affect November sales. Costco Wholesale Corp, Nordstrom Inc and Rite Aid Corp all said on Thursday that November sales would suffer because of store closures due to Sandy, one of the largest storms to ever hit the United States. Costco, however, said the effects would be minimal.

  • *AT&T, T-Mobile USA sign wireless roaming agreement. *Sprint, AT&T say making progress in network improvements. Sprint Nextel Inc, the No. 3 U.S. wireless provider, and AT&T, the No. 2 wireless service, said they were making progress in improving their wireless services.

  • NEW YORK, Oct 31- Corporate treasurers laid in extra cash reserves as the devastating storm Sandy approached the U.S. East Coast, to ensure they could meet payrolls, buy inventory and contend with other short-term needs after the storm hit.

  • Big US companies squirreled cash in face of storm Wednesday, 31 Oct 2012 | 9:48 PM ET

    NEW YORK, Oct 31- Corporate treasurers laid in extra cash reserves as the devastating storm Sandy approached the U.S. East Coast, to ensure they could meet payrolls, buy inventory and contend with other short-term needs after the storm hit.

  • Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.

  • *AT&T, T-Mobile USA sign wireless roaming agreement. *Sprint, AT&T say making progress in network improvements. Rivals AT&T Inc and T-Mobile USA said they agreed to open their networks to each other's customers in New York and New Jersey to help their coverage as a result of the storm.

  • Companies like environmental cleanup specialist Clean Harbors, building supply chains Home Depot and Lowe's, building products makers Owens Corning and Beacon Roofing and generator manufacturer Generac Holdings surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.

  • *U.S. stocks flat to lower as Wall Street reopens after 2- day closure. NEW YORK, Oct 31- Wall Street began trading on Wednesday after monster storm Sandy forced a two-day closure, with shares trading lower and crude oil rising even though most refineries emerged unscathed.

  • *OPEC crude oil output rises slightly in October- survey. LONDON, Oct 31- Brent crude rose above $109 a barrel on Wednesday as the U.S. East Coast began to pick itself up from a massive storm, but gains were capped by concerns over the demand impact on the world's largest oil consumer.

  • UPDATE 3-Brent rises over $109; recovery eyed after Sandy Wednesday, 31 Oct 2012 | 10:59 AM ET

    *Power outages, flooding hit U.S. East Coast after Sandy. LONDON, Oct 31- Brent crude rose to above $109.50 a barrel on Wednesday, supported by a weaker dollar, as the U.S. East Coast began to pick itself up after storm Sandy, but gains were capped by demand worries in the world's largest oil consumer.

  • *Power outages, flooding hit U.S. East Coast after Sandy. SINGAPORE, Oct 31- Brent crude held steady near $109 a barrel on Wednesday after the huge storm Sandy whiplashed the U.S. East Coast, reducing fuel demand even as refineries in the region gradually resumed operations.

  • UPDATE 1-Brent hovers near $109; recovery eyed post Sandy Wednesday, 31 Oct 2012 | 5:08 AM ET

    *Power outages, flooding hit U.S. East Coast after Sandy. SINGAPORE, Oct 31- Brent crude held steady near $109 a barrel on Wednesday after the huge storm Sandy whiplashed the U.S. East Coast, reducing fuel demand even as refineries in the region gradually resumed operation.

  • *Three major New York area airports still closed. *JFK, Newark to resume limited services Wednesday.

  • Late Tuesday, Port Authority of New York and New Jersey said it was possible that there would be limited service on Wednesday at John F. Kennedy International Airport. Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.

  • *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.

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