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Business News

Location American Business News for 3 November 2012

In Election-Night Party Planning, Flexibility Is a Must

The New York Times - 3 Nov 2012 21:55
As a feat of event planning, there is nothing quite like an election-night party, which could be an evening of triumph or fiasco, a celebration or a wake.
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Katie Bardaro: October Jobs Report Unlikely to Help Either Candidate In some ways, the tragic events in the Northeast from Hurricane Sandy and discussions around the upcoming fiscal cliff are likely to overshadow this lackluster jobs report as it generally just showed things are improving...
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NEW YORK (Reuters) - Colonial Pipeline, the nation's largest gasoline and heating oil pipeline, said on Saturday it was delivering oil products to three oil product terminals in Linden, New Jersey, with six more expected...
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(Reuters) - The 16-million-barrel International-Matex Tank Terminals oil terminal in Bayonne, New Jersey has partially re-opened following power losses due to superstorm Sandy, its operator said on Saturday.
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Asbestos May Pose Health Hazards In Sandy's Wake

The Huffington Post - 3 Nov 2012 22:24
Asbestos May Pose Health Hazards In Sandy's Wake Among the wreckage removed in Joplin, Mo., after the 2011 tornado was 2,600 tons of asbestos debris. "That was a small community," said Linda Reinstein,...
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While much of New York has power back and subway service has resumed, hundreds of thousands of people in New Jersey remain without electricity and some are being told it could be several more days until its restored..
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Did GM Bail Out Mitt Romney?

The Huffington Post - 3 Nov 2012 21:52
Did GM Bail Out Mitt Romney? In 2000, a financially struggling plastics company that supplied car parts received emergency funding from auto manufacturers General Motors and Ford Co. The plastics company...
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Syrian rebels attack air base

Market Watch - 3 Nov 2012 21:33
Syrian rebels attacked a military air base on Saturday in an attempt to separate the country’s biggest city, Aleppo, from its capital Damascus, which is President Bashar al-Assad’s stronghold.
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Terry O'Neill: The Romney-Ryan Budget: Reward the Rich, Punish the Rest Running throughout the Romney-Ryan budget is a suspicion that by helping people you make them weaker, that the poor are easily swayed into behaving irresponsibly. The sad thing is, Romney and Ryan are the irresponsible o...
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'Couple more days' before NYC gas crunch eases, Bloomberg says New York had to back off its promise of free gasoline, courtesy of the Department of Defense, and told the public to stay away until first responders could fuel up.
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New York sports come back, but not the marathon

Market Watch - 3 Nov 2012 20:24
Basketball and football carry on as they’re considered less likely to draw crucial resources away from neighborhoods destroyed by superstorm Sandy.
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This is an interesting little development out of the MIT labs: Predicting what topics will trend on Twitter A new algorithm predicts which Twitter topics will trend hours in advance and offers a new technique for analyzi...
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Obama, Romney tour swing states

Market Watch - 3 Nov 2012 19:57
President Barack Obama and Republican candidate Mitt Romney are spending the last days of the election campaigning through states which could swing either way come Tuesday.
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Vettel on his F1 title hopes

CNN - 3 Nov 2012 18:34
Two-time F1 champion Sebastian Vettel takes CNN's John Defterios for a drive.
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INTERACTIVE PHOTOS: Before/After Hurricane Sandy

The Huffington Post - 3 Nov 2012 18:30
INTERACTIVE PHOTOS: Before/After Hurricane Sandy As the U.S. East Coast assesses the damage wreaked by Hurricane Sandy, photos have emerged revealing a very changed coastline. As NBC's Brian Williams said...
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Jack Welch Invents '2009 Recession' And New Economic Metric To Criticize Barack Obama WASHINGTON -- Former General Electric CEO Jack Welch rewrote economic history during a Saturday appearance on Fox News, criticizing President Barack Obama for "the 2009...
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David K. Levine: Why Do Nations Fail?

The Huffington Post - 3 Nov 2012 18:15
David K. Levine: Why Do Nations Fail? Why Nations Fail is grand history in the style of Jared Diamond. Provocative and fun, the theme is that the reason nations fail or succeed is not economic policies, geography, culture, or value systems -- but rather poli...
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Photos: Jane Fonda Sells LA Home

ABC News - 3 Nov 2012 18:10
Photos: Jane Fonda Sells LA Home Jane Fonda and boyfriend and Richard Perry have sold a home in West Hollywood for $8.5 million, the Los Angeles Times reported. Fond has reportedly been living in the 5-bedroom, 7-bathroom home with Perry, who has worked...
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Meet The Most Indebted Man In The World

The Huffington Post - 3 Nov 2012 18:01
Meet The Most Indebted Man In The World He can earn million-dollar gains without anybody knowing. He can execute make-believe trades by sending fake emails from hacked computers. He doesn't always lose money....
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OTTAWA (Reuters) - Prime Minister Stephen Harper, in some of his toughest remarks on foreign investment yet, signaled a willingness to block foreign purchases of Canadian companies if other countries are not open to Cana...
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NewsWatch: U.S. stocks fall sharply; election eyed

Market Watch - 3 Nov 2012 17:00
U.S. stocks turn lower on Friday, giving up early gains as cheer over better-than-expected employment data give way to nervousness ahead of the U.S. presidential election next week.
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Most New York subway service resumes

Market Watch - 3 Nov 2012 16:45
The majority of New York subway service was restored Saturday, easing a tremendous transportation crunch in recent days after superstorm Sandy knocked out power and flooded tunnels.
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