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Archive for November 7, 2012

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New York – Big Real Estate Investors Say Sandy Hurts Lower Manhattan Values

November 7, 2012 at 11:59 PM
New York - Lower Manhattan office building values are likely to suffer as a result of damage inflicted by Superstorm Sandy that has left thousands of downtown Manhattan workers unable to return to their offices, major real estate executives said at a conference on Wednesday. "I think there's been value erosion downtown," Howard Lutnick, chairman and CEO of Cantor Fitzgerald LP and BGC Partners...

New York, NY – For Brooklyn’s Orthodox, Election Passes Quietly

November 7, 2012 at 11:34 PM
New York, NY - Election night in America is one of the biggest television events of the year, but you wouldn’t know it on Division Avenue in Williamsburg, Brooklyn, where the radio sputtered out ballot returns in every other Orthodox household. Few of the Orthodox residents there stayed awake to hear the twilight speech of reelected President Barack Obama, and most Orthodox Jews in this...

New York – Congressman Turner Blasts Government Response to Gas Shortage in NYC

November 7, 2012 at 11:34 PM
New York - Congressman Bob Turner (NY-09) released the following statement regarding the lack of access to gas for cars and backup power sources such as generators. “The gas situation in Queens and Brooklyn is absolutely unacceptable. Now, dealing with another storm, thousands of New Yorkers are still stuck in the dark without gas for their cars and/or generators. I have been speaking with...

New York – Jewish Support for Obama Slipped, But Still Strong

November 7, 2012 at 11:01 PM
New York - Jewish support for US President Barack Obama slipped in the 2012 presidential race but still far surpassed that earned by Republican Mitt Romney, according to exit polls. On Tuesday, 69 percent of Jews cast their ballot for the Democratic candidate as compared to 78% in 2008. Some 30% went for Republican Mitt Romney, up from 22% for the party’s candidate in the last presidential...

New York – Microsoft To Drop Messenger, Switch To Skype

November 7, 2012 at 10:36 PM
New York - Microsoft is scrapping its instant-messaging program and forcing most users to switch to Skype. Maintaining Windows Live Messenger made less sense after Microsoft Corp. bought Skype for $8.5 billion last year. A new version of Skype released a few weeks ago allows users to sign in with a Microsoft account. By merging the two services, people won't have to maintain two separate...

Washington – Re-Elected, Obama Heads Back to Divided Government

November 7, 2012 at 09:58 PM
Washington - One day after a bruising, mixed-verdict election, President Barack Obama and Republican House Speaker John Boehner both pledged Wednesday to seek a compromise to avert looming spending cuts and tax increases that threaten to plunge the economy back into recession. Added Senate Majority Leader Harry Reid, D-Nev.: "Of course" an agreement is possible. While all three men spoke in...

Washington – Presidential, Social Votes Show Changing Mindsets

November 7, 2012 at 09:36 PM
Washington - Tuesday's presidential election results showed the American voting public has not only become more permanently diverse in its makeup, but also in its mindset. Obama bet, and won, on the assumption that the electorate would retain much of the age, ethnic and racial diversity he brought out in 2008. But across the country, voters affirmed changes in social policy that show a culture...

New York – New Storm Bears Down On Sandy-Battered NYC, NJ

November 7, 2012 at 09:00 PM
New York - A nor'easter blustered into New York and New Jersey on Wednesday with rain and wet snow, plunging homes right back into darkness, stopping commuter trains again and inflicting another round of misery on thousands of people still reeling from Superstorm Sandy's blow more than a week ago. Under ordinary circumstances, a storm of this sort wouldn't be a big deal, but large swaths of...

Albany, NY – Cuomo Fires Emergency Management Chief In Sandy Flap

November 7, 2012 at 08:31 PM
Albany, NY - A state official says New York Gov. Andrew Cuomo fired his emergency management director for diverting crews to remove a tree from his driveway during Superstorm Sandy. The official says Director of Emergency Management Steven Kuhr was let go after the governor was told Kuhr called a Suffolk County crew to remove a felled tree from his driveway on Long Island. Kuhr was working...

Boston – After Defeat, Cloudy Future Ahead For Mitt Romney

November 7, 2012 at 07:52 PM
Boston - Mitt Romney spent the past six years running for president. After his loss to President Barack Obama, he'll have to chart a different course. His initial plan: spend time with his family. He has five sons and 18 grandchildren, with a 19th on the way. "I don't look at postelection to be a time of regrouping. Instead it's a time of forward focus," Romney told reporters aboard his...

Washington – It’s a 50-50 Nation, Give or Take

November 7, 2012 at 07:30 PM
Washington - The election laid bare a dual - and dueling - nation, politically speaking, jaggedly split down the middle on the presidency and torn over much else. It seems you can please only half of the people nearly all of the time. Americans retained the fractious balance of power in re-electing President Barack Obama, a Republican House and a Democratic Senate, altogether serving as...

Washingotn – GOP Asks “Why?” And “Where Do We Go From Here?”

November 7, 2012 at 06:51 PM
Washington - Having lost the popular vote in five of the last six presidential elections, Republicans plunged Wednesday into an intense period of self-examination, blame-setting and testy debate over whether their party needs serious change or just some minor tweaks. The fallout will help determine whether the GOP might return to heights approximating the Ronald Reagan years or, as some fear...

Jerusalem – State Attorney Files Appeal Against Olmert Acquittals

November 7, 2012 at 06:16 PM
Jerusalem - The State Attorney's Office filed a Supreme Court appeal against the acquital of former prime minister Ehud Olmert on Wednesday, possibly putting his highly speculated political future into jeopardy. The state attorney first announced three weeks ago its intention to appeal the acquittal in the Rishon Tours affair for the central corruption charges in the affair. Olmert was...

New York – Fox Has No Problems With Rove A Day Later

November 7, 2012 at 05:37 PM
New York - The on-air spectacle of Fox News analyst Karl Rove publicly questioning his network's call of the election for Barack Obama happened because Rove and Fox's decision desk both had pieces to a puzzle that the other wasn't aware of, a network executive said Wednesday. Far from an embarrassment, the incident proved Rove's value to the network as more than an analyst, said Michael...

New York – EIA: More NY Gas Stations Ran Out Of Fuel On Wednesday

November 7, 2012 at 05:31 PM
New York - The New York fuel hub took a step back from its recovery on Wednesday, as more gasoline stations ran dry just a week after Superstorm Sandy struck the U.S. Northeast, a report showed. Some 62 percent of gasoline stations surveyed by the data arm of the Department of Energy had gasoline supplies on Wednesday, down from a revised 66 percent on Tuesday. Of the stations included in...
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