| Supreme Court won't convene on Tuesday due to storm: spokeswoman Oct 29th 2012, 15:53 WASHINGTON (Reuters) - The Supreme Court, responding to the havoc created by Hurricane Sandy, will not convene on Tuesday, spokeswoman Kathy Arberg said. The court, which convened on Monday despite the shutdown of most Washington federal government offices, will hear Tuesday's cases on Thursday, when no arguments were planned. Wednesday's oral arguments will go ahead as scheduled, the spokeswoman said. (Reporting by Joan Biskupic; Editing by Howard Goller and Mohammad Zargham) |  | Supreme Court won't convene on Tuesday due to storm: spokeswoman Oct 29th 2012, 15:53 WASHINGTON (Reuters) - The Supreme Court, responding to the havoc created by Hurricane Sandy, will not convene on Tuesday, spokeswoman Kathy Arberg said. The court, which convened on Monday despite the shutdown of most Washington federal government offices, will hear Tuesday's cases on Thursday, when no arguments were planned. Wednesday's oral arguments will go ahead as scheduled, the spokeswoman said. (Reporting by Joan Biskupic; Editing by Howard Goller and Mohammad Zargham) | | Two-thirds of East Coast refiners shutting as Sandy nears Oct 29th 2012, 15:49 NEW YORK (Reuters) - More than two-thirds of the U.S. East Coast's refining capacity shut on Monday ahead of Hurricane Sandy, sending gasoline futures up as much as 4 percent as operators braced for potentially damaging power outages and flooding. With Sandy gaining strength overnight as the vast storm turned westward toward New Jersey, Philadelphia Energy Solutions began the precautionary closure of key units at its 330,000-barrels-per-day (bpd) Philadelphia refinery, the biggest in the region, a source familiar with operations said. ... | | Two-thirds of East Coast refiners shutting as Sandy nears Oct 29th 2012, 15:49 NEW YORK (Reuters) - More than two-thirds of the U.S. East Coast's refining capacity shut on Monday ahead of Hurricane Sandy, sending gasoline futures up as much as 4 percent as operators braced for potentially damaging power outages and flooding. With Sandy gaining strength overnight as the vast storm turned westward toward New Jersey, Philadelphia Energy Solutions began the precautionary closure of key units at its 330,000-barrels-per-day (bpd) Philadelphia refinery, the biggest in the region, a source familiar with operations said. ... | | Sandy likely to shut at least two NJ nuclear reactors Oct 29th 2012, 15:46 (Reuters) - At least two major New Jersey nuclear power plants are likely to shut on Monday as Hurricane Sandy makes landfall as a Category 1 storm, and more plants could reduce power as the storm triggers precautionary safety measures. Sandy, centered over the Atlantic Ocean about 310 miles southeast of New York City, was expected to hit near Delaware and south New Jersey in about 12 hours as a Category 1 hurricane with winds of up to 90 miles per hour. ... | | Sandy likely to shut at least two NJ nuclear reactors Oct 29th 2012, 15:46 (Reuters) - At least two major New Jersey nuclear power plants are likely to shut on Monday as Hurricane Sandy makes landfall as a Category 1 storm, and more plants could reduce power as the storm triggers precautionary safety measures. Sandy, centered over the Atlantic Ocean about 310 miles southeast of New York City, was expected to hit near Delaware and south New Jersey in about 12 hours as a Category 1 hurricane with winds of up to 90 miles per hour. ... | | Supreme Court to hear inmate's case Oct 29th 2012, 15:04 WASHINGTON (Reuters) - The Supreme Court agreed on Monday to consider whether a state prisoner who claims he is innocent but waits several years to press his case is excused from the usual deadline to seek relief in federal courts. Michigan was challenging the reversal of the 1997 murder conviction of Floyd Perkins for stabbing a man after a Flint, Michigan, house party four years earlier. ... | | Supreme Court to hear inmate's case Oct 29th 2012, 15:04 WASHINGTON (Reuters) - The Supreme Court agreed on Monday to consider whether a state prisoner who claims he is innocent but waits several years to press his case is excused from the usual deadline to seek relief in federal courts. Michigan was challenging the reversal of the 1997 murder conviction of Floyd Perkins for stabbing a man after a Flint, Michigan, house party four years earlier. ... | | Two key New York City tunnels closing; bridges open for now: governor Oct 29th 2012, 14:48 NEW YORK (Reuters) - New York Governor Andrew Cuomo said two key tunnels connecting Manhattan to New Jersey and Brooklyn would be closed later on Monday ahead of Hurricane Sandy. Cuomo said the Holland Tunnel, which opened in 1927 and remains one of the main connections between New Jersey and New York City, would close as a precaution at 2 p.m. (1800 GMT). The Hugh L. Carey Tunnel, known locally as the Brooklyn-Battery Tunnel, will also shut down at the time. New York City bridges will remain open for now, he said at a news conference. (Reporting by Paul Thomasch; Editing by Mohammad Zargham) | | BMW to recall 7 Series for transmission flaw Oct 29th 2012, 14:33  (Reuters) - Bayerische Motoren Werke AG's BMW of North America affiliate said it will recall 45,500 of its 7 Series luxury sedans from model years 2005-2008 to correct a flaw that could cause a parked vehicle to roll away. BMW said automatic transmissions may not remain in "park" position due to a software problem on cars equipped with keyless ignition and the Comfort Access option. The cars are designed to automatically shift the transmission to park when the driver presses the Stop/Start button to shut off the engine. ...
| | BMW to recall 7 Series for transmission flaw Oct 29th 2012, 14:29 (Reuters) - Bayerische Motoren Werke AG's BMW of North America affiliate said it will recall 45,500 of its 7 Series luxury sedans from model years 2005-2008 to correct a flaw that could cause a parked vehicle to roll away. BMW said automatic transmissions may not remain in "park" position due to a software problem on cars equipped with keyless ignition and the Comfort Access option. The cars are designed to automatically shift the transmission to park when the driver presses the Stop/Start button to shut off the engine. ... | | Obama cancels Tuesday campaign event to focus on storm Sandy Oct 29th 2012, 14:13  WASHINGTON (Reuters) - U.S. President Barack Obama will not travel to a campaign event scheduled for Tuesday in Wisconsin and will stay in Washington to monitor Hurricane Sandy, the White House said on Monday. The event, just eight days ahead of the November 6 election, was scheduled to take place in the battleground state's Green Bay area. Instead, Obama will "stay in Washington ... on Tuesday and closely monitor the impact of and response to Hurricane Sandy," the White House said in a statement. (Reporting By Susan Heavey; Editing by Mohammad Zargham)
| | Obama cancels Tuesday campaign event to focus on storm Sandy Oct 29th 2012, 14:13 WASHINGTON (Reuters) - U.S. President Barack Obama will not travel to a campaign event scheduled for Tuesday in Wisconsin and will stay in Washington to monitor Hurricane Sandy, the White House said on Monday. The event, just eight days ahead of the November 6 election, was scheduled to take place in the battleground state's Green Bay area. Instead, Obama will "stay in Washington ... on Tuesday and closely monitor the impact of and response to Hurricane Sandy," the White House said in a statement. (Reporting By Susan Heavey; Editing by Mohammad Zargham) | | Supreme Court accepts PPL appeal in British tax case Oct 29th 2012, 14:04 WASHINGTON (Reuters) - The Supreme Court agreed on Monday to consider whether a U.S. company is entitled to a tax credit when it pays a so-called "windfall tax" imposed by the United Kingdom. At issue is a ruling against the U.S. energy company PPL Corp, which had taken a stake in Britain's South Western Electricity Plc, among the companies included in a UK privatization of 32 companies in the 1980s and 1990s. In reaction to a public backlash that the privatized companies had been sold too cheaply, the British government imposed one-time windfall taxes on those companies. ... | | Supreme Court accepts PPL appeal in British tax case Oct 29th 2012, 14:04 WASHINGTON (Reuters) - The Supreme Court agreed on Monday to consider whether a U.S. company is entitled to a tax credit when it pays a so-called "windfall tax" imposed by the United Kingdom. At issue is a ruling against the U.S. energy company PPL Corp, which had taken a stake in Britain's South Western Electricity Plc, among the companies included in a UK privatization of 32 companies in the 1980s and 1990s. In reaction to a public backlash that the privatized companies had been sold too cheaply, the British government imposed one-time windfall taxes on those companies. ... | | Northeast oil terminals, pipes shut ahead of Sandy Oct 29th 2012, 13:48 NEW YORK (Reuters) - Oil pipelines and terminals along the U.S. Mid-Atlantic seaboard are beginning to shut down, following the lead of area refineries, before the onslaught of Hurricane Sandy along the New Jersey coast later on Monday. With most of the refineries shut ahead of the storm, the populous Northeast will be dependent on pulling gasoline and diesel out of storage as the plants ramp back up to full rates. Colonial Pipeline, the largest U.S. ... | | Las Vegas Sands discusses settlement with U.S. DOJ: WSJ Oct 29th 2012, 12:49 (Reuters) - Las Vegas Sands Corp and federal prosecutors have discussed a possible settlement of the U.S. Justice Department's probe of the casino company's alleged violations of money laundering laws, The Wall Street Journal reported, citing people familiar with the case. Federal prosecutors are investigating the casino company to determine whether it had failed to report suspicious financial transactions of two of its big customers to the U.S. government, the Journal said late on Sunday. ... | |
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