Wednesday, October 31, 2012

Sandy’s Recovery Could Take Weeks as Millions Struggle




From Wires with CNBC.com: Stock trading resumed Wednesday on Wall Street for the first time this week as the Northeast limped into a recovery that could last weeks after epic flooding caused massive power outages, knocked out large parts of New York City's transportation network and killed at least 50 people.

Millions of people in New York City and other hard-hit areas will spend days or weeks recovering from a storm already seen as far more destructive than Hurricane Irene, which slammed into the same region a year ago.  Super storm Sandy killed 18 people in New York City, and a total of 23 in New York state, while six died in New Jersey. Seven other states reported fatalities. Some 6.6 million homes and businesses remained without electricity on Wednesday as trees toppled by Sandy's fierce winds took down power lines....

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