Wednesday, November 7, 2012

Post Sandy, manic Monday begins for commuters

Commuters wait as a train arrives early Monday, Nov. 5, 2012, in Trenton, N.J. A week after the storm surge from Superstorm Sandy knocked out power and flooded much of the region, trains are running a partial schedule on NJ Transit's Northeast Corridor between Trenton and New York City. Earlier Gov. Chris Christie announced the federal government will be providing rail cars to help NJ Transit get train service up and running. The governor said 25 percent of the system's rail cars were in yards that flooded. (AP Photo/Mel Evans)

Commuters wait as a train arrives early Monday, Nov. 5, 2012, in Trenton, N.J. A week after the storm surge from Superstorm Sandy knocked out power and flooded much of the region, trains are running a partial schedule on NJ Transit's Northeast Corridor between Trenton and New York City. Earlier Gov. Chris Christie announced the federal government will be providing rail cars to help NJ Transit get train service up and running. The governor said 25 percent of the system's rail cars were in yards that flooded. (AP Photo/Mel Evans)

Commuters walk down to a platform to board trains early Monday, Nov. 5, 2012, in Trenton, N.J. A week after the storm surge from Superstorm Sandy knocked out power and flooded much of the region, trains are running a partial schedule on NJ Transit's Northeast Corridor between Trenton and New York City. Earlier Gov. Chris Christie announced the federal government will be providing rail cars to help NJ Transit get train service up and running. The governor said 25 percent of the system's rail cars were in yards that flooded. (AP Photo/Mel Evans)

Commuters watch as a train arrives early Monday, Nov. 5, 2012, in Trenton, N.J. A week after the storm surge from Superstorm Sandy knocked out power and flooded much of the region, trains are running a partial schedule on NJ Transit's Northeast Corridor between Trenton and New York City. Earlier Gov. Chris Christie announced the federal government will be providing rail cars to help NJ Transit get train service up and running. (AP Photo/Mel Evans)

David Pasqualino, in truck, and his wife Elena load donations in Emerson, N.J., for relief of Sandy victims in Toms River, N.J. on Sunday, Nov. 4, 2012. Almost a week after Sandy slammed into the New Jersey coastline in an assault that killed more than 100 people in 10 states, nearly 1 million homes and businesses were still without power in New Jersey, and about 650,000 in New York City, its northern suburbs and Long Island. (AP Photo/The Record (Bergen County NJ),Chris Monroe)

Utility workers from Oklahoma and Arkansas called OGE(Oklahoma Gas and Electric), who arrived in New Jersey on Saturday, work on power lines in Glen Rock, N.J., Sunday, Nov. 4, 2012. Nearly a week after Sandy slammed into the New Jersey coastline in an assault that killed more than 100 people in 10 states, nearly 1 million homes and businesses were still without power in New Jersey, and about 650,000 in New York City, its northern suburbs and Long Island.(AP Photo/The Record (Bergen County NJ),Mitsu Yasukawa) ONLINE OUT; MAGS OUT; TV OUT; INTERNET OUT; NO ARCHIVING; MANDATORY CREDIT

(AP) ? Commuters streaming into New York City on Monday endured long waits and crowded trains, giving the recovering transit system a stress test a week after Superstorm Sandy ravaged the eastern third of the country, with New York and New Jersey bearing the brunt of the destruction.

Trains were so crowded Monday on the Long Island Rail Road that dozens of people missed their trains. With PATH trains between New Jersey and Manhattan still out, lines for the ferry in Jersey City quickly stretched to several hundred people by daybreak.

One commuter in line pleaded into his cellphone, "Can I please work from home? This is outrageous," but many more took the complicated commute as just another challenge after a difficult week.

"There's not much we can do. We'll get there whatever time we can, and our jobs have to understand. It's better late than absent," said Louis Holmes of Bayonne, as he waited to board a ferry in Jersey City to his job as a security guard at Manhattan's Sept. 11 memorial site.

The good news in New York City was that, unlike last week, service on key subway lines connecting Manhattan and Brooklyn under the East River had been restored. But officials warned that other water-logged tunnels still weren't ready for Monday's rush hour and that fewer-than-normal trains were running ? a recipe for a difficult commute.

On Long Island, Janice Gholson could not get off her train from Ronkonkoma and Wyandanch because of overcrowding, and ended up overshooting her stop.

"I've never taken the train before. There were people blocking the doorway so I got stuck on the train," she said.

Mayor Michael Bloomberg took the subway to work Monday. He was joined by many of the students returning to class in the nation's largest school system. About 90 percent of the 1,700 schools reopened for the first time since Sandy hit last Monday, the mayor said.

At Public School 2 in Chinatown, the playground was once again full of the sounds of children laughing and shouting as they played basketball before school started. Samantha Martin, a fifth-grader at P.S. 75 on the Upper West Side, made it to school from the Bronx with time to spare on the subway.

"It was packed but I'm happy. Home is boring!" Martin said.

The longer commute times were actually a lesser problem for many families who left homes and apartments that have been without power for almost a week. In Westchester County, Liliana Matos said dropping her boys off at Colonial School in Pelham gave her a chance to "call Con Ed and get on their backs" about the loss of power. For the last three days, they have been staying at a hotel because the house is too cold.

In Jersey City, investment advisor Barbara Colucci, was traveling from a house without power and the family's car was low on fuel because of persistent gasoline shortages.

"I can't wait until the PATH and light rail are up and running again, but first I'd like power in my house quite honestly," she said. "We're sleeping on air mattresses but we have heat so we can't complain but I'd like to get back to a bed ? it's been awhile ? and back to a regular commute."

Repair crews have been laboring around-the-clock in response to the worst natural disaster in the transit system's 108-year history, Metropolitan Transportation Authority Chairman Joseph Lhota said Sunday.

"We are in uncharted territory with bringing this system back because of the amount of damage and saltwater in our system," Lhota said. "It's an old system ... and it's just had a major accident."

World Trade Center steam fitter Scott Sire got to Manhattan on time, at 6:05 a.m. off a regular Academy bus that took him from home in Hazlet, N.J. in 40 minutes. He normally takes a PATH train, but it's not running.

"Every day gets a little bit better," said the 49-year-old worker. "But we had a setback last night; we lost power, again, after a transformer blew ? and the Cowboys lost, just after our lights went out!"

The MTA planned to take the unusual step of using flatbed trucks to deliver 20 subway cars to the hard-hit Far Rockaway section of Queens and set up a temporary shuttle line.

Though New York and New Jersey bore the brunt of Sandy's destruction, at its peak, the storm reached 1,000 miles across, killed more than 100 people in 10 states, knocked out power to 8.5 million homes and businesses and canceled nearly 20,000 flights. Damage has been estimated $50 billion, making Sandy the second most expensive storm in U.S. history, behind Hurricane Katrina.

The superstorm also created a fuel shortage that has forced New Jersey to enforce odd-even rationing for motorists. But there was no rationing in New York City, where the search for gas became a maddening scavenger hunt over the weekend.

Sire said he felt lucky to fill his car tank, but he added: "We're a gallon away from turning into a Third World country."

The coming week could bring other challenges ? namely an Election Day without power in polling places, and a nor'easter expected hit the area by Wednesday, with the potential for 55 mph gusts and more beach erosion, flooding and rain.

In New York, power has been restored to nearly 80 percent of its customers who were blacked out in the storm, but efforts to get everyone back on line could be hampered by more wet, windy weather. But crews were making some progress.

On the Upper West Side, 17-year-old Anna Riley-Shepard waited for her yellow school bus to take her to a private school in the Bronx. Her school has been without power for a week. It came back yesterday, they were told.

"You don't really realize how important a routine is until you're out of one," she said.

___

Associated Press writers Jennifer Peltz, Leanne Italie, Michael Hill, Karen Matthews, Larry Neumeister and Verena Dobnik contributed to this report in New York City. Contributions from Samantha Henry in Jersey City, Frank Eltman on Long Island and Jim Fitzgerald in Westchester County.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-11-05-Superstorm%20Sandy/id-1d681a9f6e5544e29210ecbfa4dad624

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Tuesday, November 6, 2012

Voting Is Already a Mess in Florida

The first election-related federal lawsuit has already been filed in South Florida, where some citizens waited over seven hours to vote early over the weekend. In an area that includes Palm Beach, Miami-Dade and Broward County -- yes, that Broward County -- Florida Democrats scrambled to extend early voting hours over the weekend citing "inadequate polling facilities" in a complaint filed in a Miami federal court on Sunday. "The extraordinarily long lines deterred or prevented voters from waiting to vote," says the lawsuit. "Some voters left the polling sites upon learning of the expected wait, and others refused to line up altogether. These long lines and extreme delays unduly and unjustifiably burdened the right to vote." These three counties are home to 32 percent of the state's Democrats.

RELATED: How Many 'Crucial Tests' Does Romney Have to Pass?

So far, local officials haven't seemed too sympathetic to the plight of early voters. In response to Sunday's lawsuit, election supervisors in Miami-Dade and Palm Beach counties said that they'd allow would-be early voters to pick up and drop off absentee ballots so that they wouldn't have to wait in line. The small concession came after another request for an extension of early voting was denied last Thursday by Republican Governor Rick Scott and state election officials who said that everything was running smoothly. Scott is the same governor who approved a measure last year that reduced Florida's early voting period from 14 to eight days, a crunch that many critics think caused the long lines this year.

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It's not even Election Day, yet, but some people are freaking out about the chaotic situation in Florida. "We're looking at an election meltdown that is eerily similar to 2000, minus the hanging chads," Dan Smith, a political science professor at the University of Florida, told The Huffington Post. Smith also warned that attempted to bridge the gap with absentee ballots, as a number of districts across Florida are now doing, would disenfranchise minorities. "Absentee ballots have a much higher rejection rate for minorities and young people, if you look at the Aug. 14 primary." HuffPost's Amanda Terkel adds, "Democrats are traditionally more likely to vote early, which is why many in the party have ascribed political motives to Scott's restriction of the process."

RELATED: Romney's Weak on His Biggest Strength: The Economy

Now, this is not the year 2000. After that election, though, everybody in America knows that Florida can make a big difference in a presidential election. Everybody agrees that Ohio is the state to win, but Florida is still a toss-up with a lot of Electoral College votes. It's also a state that could probably do without another big voting scandal. The Obama campaign, for one, is not going to let Floridians forget about that one.

RELATED: Only Nine More Weeks of Palin 2012 Speculation

Source: http://news.yahoo.com/voting-already-mess-florida-041641182.html

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Storm victims face housing crisis as cold snap hits

NEW YORK (Reuters) - A housing crisis loomed in New York City as victims of superstorm Sandy struggled without heat in near-freezing temperatures on Sunday and nearly 1 million people in neighboring New Jersey shivered in the dark without power.

Fuel shortages and power outages lingered nearly a week after one of the worst storms in U.S. history flooded homes in coastal neighborhoods. Mayor Michael Bloomberg said 30,000 to 40,000 people in New York City alone would need shelter.

"We don't have a lot of empty housing in this city. It's a problem to find housing. We're not going to let anybody go sleeping in the street," Bloomberg said. "But it's a challenge and we're working on this as fast as we can."

Temperatures were forecast to fall close to freezing overnight and an early-season "Nor'easter" storm was expected to hit the battered region this week with strong winds and heavy rain.

"The power is back, but we have no heat," said Adeline Camacho, a volunteer who was giving soup and sandwiches to needy residents of the Lower East Side of Manhattan on Sunday. "A lot of people haven't been able to bathe or stay warm. Last night was cold and this night is going to be much worse."

U.S. Homeland Security Secretary Janet Napolitano said federal agencies are looking for apartments and hotel rooms for people displaced by Sandy. "Housing is really the number one concern," Napolitano said at a news conference with New Jersey Governor Chris Christie.

Overnight, at least two more bodies were found in New Jersey - one dead of hypothermia - as the overall North American death toll from Sandy climbed to at least 113.

"People are in homes that are uninhabitable," New York Governor Andrew Cuomo said at a news conference.

Concerns are also growing that voters displaced by Sandy won't get to polling stations on Election Day on Tuesday. Scores of voting centers were rendered useless by the record surge of seawater in New York and New Jersey.

STRUGGLING IN STATEN ISLAND

Sandy killed 69 people in the Caribbean before turning north and hammering the U.S. Eastern Seaboard on Monday with 80 mile-per-hour (130-kph) winds.

The two new deaths in New Jersey - where the storm came ashore last Monday night - included a 71-year-old man who suffered from hypothermia and a 55-year-old man who died from smoke inhalation in a house fire, police said on Sunday.

That raised New Jersey's death toll to 24 while the New York City death count was 40.

In the hard-hit borough of Staten Island, Marie Mandia's house had a yellow sticker on it, meaning the city restricted its use. The storm surge broke through her windows and flooded her basement and main floor, the retired teacher said.

"I'm not staying here. There's no protection," said Mandia, 60, who stood outside by a pile of her ruined things - a washer, drier, television and furniture. "Here's my life. Everybody's looking at it."

Similar scenes of destruction were to be seen in the Rockaways, a strip of land along the Atlantic in Queens. Street after street, people were digging out from under several feet of sand and cleaning up from the deluge of water that ripped apart fences, turned over cars and left homes flooded.

Volunteers made their way there to help, even as life appeared to be back to normal in Times Square, where the neon lights were bright and Broadway theaters were up and running.

"It's like the city, the officials, have forgotten us. Only our neighbors and strangers, volunteers, have been here," Gregory Piechocki said. "We don't need food or water. We need a warm place to sleep and some sign that we aren't forgotten."

The Federal Emergency Management Agency said 182,000 individuals in Connecticut, New York and New Jersey had registered for assistance by Sunday afternoon, and more than $158 million had been approved.

Sunday was to have been marathon day in New York, an occasion that normally draws more than 40,000 runners from around the world. But Bloomberg abruptly called off the race on Friday, bowing to criticism that it would divert resources from flood-ravaged neighborhoods.

Without a race, hundreds of runners set off on informal runs to deliver food and clothes to people in need. More than 1,000 people crowded onto two Staten Island Ferry boats early on Sunday, headed to the stricken borough with relief supplies.

Ruth Silverberg, 59, recently took a cruise in the Bahamas. She returned to her Staten Island home Sunday for the first time since the storm and found more than 4 feet of water in her basement. "Things were just floating. I thought it would take me two weeks to clear it out," she said.

Instead, a group of 15 marathon runners formed an assembly line and cleared the basement of its contents in two hours. "I'm awed," Silverberg said, her voice breaking.

FUEL AND POWER CRISIS

Fuel supplies continued to rumble toward disaster zones and electricity was slowly returning to darkened neighborhoods where many families have been without power for six days.

In New Jersey, where residents were waiting for hours in line at gas stations, Christie tried to ease the fuel crunch by reassuring people that refineries and pipelines were back online and gas was being delivered. "We do not have a fuel shortage," he said at a news conference.

The New York Harbor energy network was returning to normal on Sunday with mainline power restored, but there were growing concerns about heating oil supplies with cold weather forecast.

Power restorations over the weekend relit the skyline in Lower Manhattan for the first time in nearly a week and allowed 80 percent of the New York City subway service to resume. But Bloomberg said it would be a "very, very long time" before power would return to certain New York neighborhoods along the coast.

Most schools were due to reopen on Monday, though some were still being used as shelters. Walt Whitman High School in Huntington Station, Long Island, was housing about 100 people and expecting more to arrive as temperatures fall.

Some 1.9 million homes and business still lacked power across the Northeast on Sunday, down from 2.5 million the day before.

"All these numbers are nice, but they mean nothing until the power is on in your house," Cuomo said.

One of those still without power was 70-year-old Ramon Rodriguez, who lives in the Brooklyn seafront neighborhood of Red Hook. "I feel like I've spent my whole Social Security check on batteries and candles," Rodriguez said as he waited in line at the 99 Cent Dreams store. His search for ice to keep his freezer cold came up short. But, he added, "at least it's cold enough to leave food outside the windowsill."

At the building where he lives, garbage bags were piled high and the intercom that is typically used for security was not working, so the front door was unlocked.

ELECTION FACES 'REAL PROBLEMS'

President Barack Obama, neck-and-neck in opinion polls with Republican challenger Mitt Romney, ordered emergency response officials to cut through government "red tape" and work without delay to help affected areas return to normal.

With the post-storm chaos overshadowing the final days of campaigning, an NBC/Wall Street Journal poll found that 68 percent of those surveyed approved of how Obama handled Sandy, while 15 percent disapproved.

New Jersey has said it will allow people displaced by the storm to vote by email. In New York City, some 143,000 voters will be reassigned to different polling sites.

Bloomberg said the Board of Elections has "real problems," and warned that it would be critical to make sure poll workers were informed of the changes.

"Unfortunately, there is a history of not communicating changes to their poll workers," Bloomberg said, adding the board has proven to be "dysfunctional" in recent years.

(Reporting by Reuters bureaus throughout the U.S. Northeast; Writing by Jonathan Spicer and Claudia Parsons; Editing by Cynthia Osterman and Stacey Joyce)

Source: http://news.yahoo.com/storm-victims-face-housing-crisis-cold-snap-hits-002652500.html

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British lawmakers roast taxman over Starbucks tax bill

St Paul's Cathedral is pictured behind signage for a Starbucks coffee shop in London

LONDON (Reuters) - UK lawmakers tore into the chief of the tax authority on Monday for allowing coffee chain Starbucks to pay almost no corporation tax despite selling coffee and snacks worth billions of pounds to British customers.

Members of parliament on the Public Accounts Committee, which is tasked with ensuring value in government financial affairs, said Starbucks's low tax payments had undermined public trust in the whole tax system.

The low tax payments from Starbucks have become a political issue in Britain since they were revealed in a Reuters investigation last month.

"It just smells and it doesn't smell of coffee. It smells bad," Richard Bacon, member of parliament with the governing Conservative party, told Lin Homer, Chief Executive of the tax authority, Her Majesty's Revenue and Customs (HMRC).

"It beggars belief that such a large entity with so much underlying activity here can pay so little in corporation tax," he added.

Reuters reported last month that Starbucks had paid no corporation, or income, tax in the past three years and had paid only 8.6 million pounds ($13.74 million) in total over 13 years during which it recorded sales of 3.1 billion pounds.

The company avoided UK taxes by reporting losses to HMRC, even as it told investors its UK operation was profitable.

Homer declined to comment on Starbucks, citing taxpayer confidentiality, but said the agency ensured that businesses paid the taxes they should.

Starbucks was not available for comment. The coffee giant, which has a market capitalization of about $39 billion, has previously said it sought to pay its fair share of taxes in every country where it operates.

One of the ways that Starbucks minimizes its British profits and therefore its UK tax liability, as revealed in the Reuters investigation, is by having the UK unit pay large royalties to its subsidiaries in other countries for use of its brand.

Starbucks pays a larger share of British sales as royalties to subsidiaries outside Britain than rivals such as McDonald's. Margaret Hodge, head of the committee, said that showed that the tax office's procedures were lacking.

"Either the skills of your individuals aren't good enough or you're not getting underneath it," she told Homer.

The lawmakers also challenged Homer's assertion that existing rules designed to stop companies shifting profits out of the countries where they originate worked well.

Hodge cited other companies including Google and Apple which have racked up billions of pounds in UK sales but paid almost no tax in the country.

By channeling sales through low tax countries such as Ireland, Google managed to reduce the tax rate on $7.6 billion of non-U.S. profits to just 3.2 percent last year. Apple's tax bill on $36.8 billion of foreign income was 1.9 percent, the company's regulatory filings show. ($1 = 0.6260 British pounds)

(Reporting by Tom Bergin; Editing by Peter Graff)

Source

Source: http://finance.blogrange.com/finance-news/british-lawmakers-roast-taxman-over-starbucks-tax-bill/

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Monday, November 5, 2012

Chinese leaders formally expel Bo Xilai

Published: 9:26PM Monday November 05, 2012 Source: Reuters

  • Chinese leaders formally expel Bo Xilai  (Source: Reuters)

    China's former Chongqing Municipality Communist Party Secretary Bo Xilai and his wife Gu Kailai - Source: Reuters

Chinese leaders have ended a key closed-door conclave with a decision to formally expel disgraced politician Bo Xilai from the Communist Party, in a meeting which also promoted two senior military men and approved the party constitution's amendment.

The secretive four-day meeting of 365 senior party officials ratified an earlier decision to expel Bo, former Chongqing party boss, as well as Liu Zhijun, one-time railway minister, sacked last year for "serious disciplinary violations", state news agency Xinhua said.

Bo and Liu can now be expected to face criminal charges and a trial.

The party plenum comes just days before the opening of a congress in Beijing on November 8 that will usher in a generational leadership change, which has been overshadowed by a scandal with Bo, who had once been a contender for top office himself.

The government accused Bo in September of corruption and of bending the law to hush up his wife's murder of a British businessman. While she has since been jailed, Bo has yet to be formally charged.

Liu was fired early last year over corruption charges. His reputation was further marred after a train crash in China a few months later killed 40 people. Although the accident happened after Liu's dismissal, the government said he was primarily responsible as safety standards at the rail ministry had slipped under his watch.

Xinhua provided no other details of either case, in a report full of turgid Communist terminology designed to curtain-raise the congress, at which President Hu Jintao will hand over his party duties to anointed successor Xi Jinping.

Top military appointments

Another announcement from the plenum was the appointments of two new chairmen to the party's powerful Central Military Commission that oversees the People's Liberation Army and China's rapid defence modernisation efforts.

Former air force commander Xu Qiliang and Fan Changlong, the head of the important Jinan military region which oversees large parts of eastern China, will join that body, Xinhua said. Sources had told Reuters that Xu had been tipped to do so.

The plenum also approved an amendment to the party charter, Xinhua said.

It did not identify the change, but there has been speculation the party may strip out mention of the ideology of late paramount leader Mao Zedong, known as "M a o Zedong Thought".

The plenum communique did not mention Mao, marking at least the third time the party has subtly dropped references to Mao since October, a move that was seen by some as sending a signal about the party's intent on reform.

In the past five years the party has "withstood the trials of numerous difficulties and risks", but has managed to maintain stable and relatively fast economic growth and rising living standards, the statement said.

The official report on the meeting otherwise shed little light on what of substance was discussed, including possible preparations for the long-expected succession and prospects for economic growth, which slowed a little in the third quarter.

Plenums are annual gatherings of the Central Committee, the largest of the party's top decision-making bodies, to approve broad decisions on the direction of government policy.

In China, power resides in the party elite and meetings of the Central Committee also offer chances for provincial chieftains to make known their policies and press for promotion.

The blueprint from the plenum will be presented to parliament for formal approval in March.

Copyright ? 2012, Television New Zealand Limited. Breaking and Daily News, Sport & Weather | TV ONE, TV2 | Ondemand

Source: http://tvnz.co.nz/world-news/chinese-leaders-formally-expel-bo-xilai-5197715?ref=rss

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Obama's final week (CNN)

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Novartis gets EU nod for kidney tumor drug Votubia

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