October 29, 2013 |
NEW YORK - As Superstorm Sandy roared ashore a year ago, the Atlantic Ocean swelled into the streets of Breezy Point, triggering a conflagration that devoured home after home in this neighborhood perched on a sliver of land on the fringes of New York City. Flames fueled by fierce winds climbed higher than 60 feet, danced on utility wires and turned backyard propane grills and cars' gas tanks into bombs. In a cruel twist of nature, volunteer firefighters in this enclave of Queens scrambled to find hydrants submerged in floodwater.
October 28, 2013 |
Ellis Island, which greeted millions of immigrants to the United States, reopened its museum doors on Monday, a year after the aptly named Superstorm Sandy tore through much of the eastern half of the United States, killing scores of people and destroying tens of billions of dollars in property. More than a million documents, photographs and other artifacts were moved from Ellis Island to safety in Maryland after the storm roared through, creating swells as high as 8 feet that damaged what was the point of entry for immigrants coming mainly from Europe.
October 27, 2013 |
The gig: William D. Fay is group vice president and general manager for the Toyota division of Toyota Motor Sales USA. That puts the 57-year-old in charge of overseeing all sales, marketing and consumer support for the regional sales offices and distributors for both Toyota and its sub-brand Scion. Driving to the basket : Fay didn't think much about cars growing up in West Orange, N.J. He was "more of a sports kid," he said. He played basketball in high school and for Monmouth College, where he graduated with a degree in business administration in 1978.
October 24, 2013 |
We'll be seeing lots more data like these, but the White House Council of Economic Advisers is reporting that the government shutdown took a huge bite out of economic growth--and that the impact will linger. The chart above shows the effect on economic confidence, one of eight daily or weekly economic indicators tracked by the CEA. (The three lines follow three separate surveys, Gallup, Rasmussen and the University of Michigan.) Put briefly, confidence fell off a cliff. That's likely to bleed into the holiday period.
October 22, 2013 |
George Clooney's World War II drama "The Monuments Men" will not arrive in theaters this year as planned because the film's visual effects could not be completed in time, the actor and director said. The tale of a ragtag band of art historians, museum curators and academics racing to rescue paintings and sculptures looted by the Nazis - slated to open Dec. 18 - now will be released by Sony Pictures early next year. "We just didn't have enough time," Clooney said Tuesday by phone from London, where he and producing partner Grant Heslov were to start a 16-hour scoring session with composer Alexandre Desplat and a 110-piece orchestra as part of their race to complete the film.
October 16, 2013 |
As the shadow of the shutdown passes, it's proper to be reminded again that this fight involved spending levels that are materially suppressing economic growth and hampering the recovery. Specifically, the deal soon to be voted on leaves the sequester in place, at least until Jan. 15. This was a sadly predictable outcome of the standoff, as we noted at the outset . True, it does provide for further negotiation and debate on the sequester, but...
October 12, 2013 |
Six weeks ago, Alterraun Verner had no guarantees he'd be a starting cornerback for the Tennessee Titans. Today, he's made as big an impact as any defensive player in the NFL. What are the odds of that? Actually, Verner could calculate those for you. He was a math major at UCLA who went back to school a year after he was drafted and finished his degree. "I wanted to knock it out as soon as I could," Verner said by phone this week, during a break from preparations for Sunday's game at Seattle.
October 11, 2013 |
The Reel Recovery Film Festival, which focuses on stories of addiction and recovery, kicks off its fifth edition Oct. 18 at the Laemmle's Monica 4-Plex. The festival presented by the Hollywood nonprofit recovery group Writers in Treatment, includes features, shorts, TV shows and discussions. "In the past few decades, there have been numerous films exploring addiction and recovery, from comedies to thrillers, dramas to documentaries -- a creative outburst that proves the stories of addiction are as diverse as humans themselves," said Leonard Buschel, executive director of the festival, in a statement.
October 8, 2013 |
WASHINGTON - President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday. If confirmed, the former UC Berkeley economist would become the first woman to lead the world's most powerful central bank in its 100-year history. Yellen, the Fed's vice chair, would replace Ben S. Bernanke, whose second four-year term as chairman expires Jan. 31. She would take over at a crucial time as the central bank prepares to reduce its unprecedented support for the economy while trying to avoid damaging the still-fragile recovery.
CALIFORNIA | LOCAL
October 6, 2013 |
BUCKHORN MEADOWS, Calif. - Calls for massive salvage logging, restoration and reforestation projects in the 257,000 acres of public wilderness scarred by the Rim fire have ignited controversy over how to proceed with the largest recovery effort undertaken in the Sierra Nevada. "We're hoping to negotiate our way through this, but we need the infrastructure and personnel," said Jerry Snyder, a spokesman for the Stanislaus National Forest. "This effort will be huge, so we'll also need additional help from Washington.