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Bank of America may sell CCB shares by next week

Pedestrians walk past a Bank of America sign on the street in New York
The Bank of America (BAC.N) is completing plans to sell over half of its shares in the China Construction Bank (0939.HK), with a group of Asian and Middle Eastern sovereign wealth funds negotiating to buy, the New York Times reported on Saturday.
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Hurricane Irene

Hurricane Irene: Obama Leads Response, Says U.S. Government Is Prepared

Hurricane Irene is expected to to make uninvited ports-of-call to Washington, Baltimore, Philadelphia, and New York this weekend. President Barack Obama is leading the federal response effort and says the U.S. Government is prepared to meet the enormous human, resource, and infrastructure needs that the storm is likely to trigger.
Irene rakes up East Coast, shuts down New York

Irene rakes up East Coast, shuts down New York

Hurricane Irene charged up the U.S. eastern seaboard on Saturday as a weakening but dangerous storm that shut down New York City and threatened to inflict massive blackouts and flooding.
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Hurricane Irene: 10 Costliest U.S. Hurricanes Ever

Just hours after making landfall in North Carolina, with a path projected up the U.S. East Coast ravaging through high-population areas including New York, Hurricane Irene 2011 holds the potential for being one of the costliest storms ever. Already New York is in an unprecedented shutdown in anticipation of the storm, and while economic loss for business closings ahead of a storm isn't used as a formal hurricane damage calculation the impact is indicative of what's to come from Irene
Hurricane Irene

Hurricane Irene Connecticut: State of Emergency Declared as Storm Approaches

Connecticut officials and residents scrambled Saturday to get residents of low-lying / flood prone areas out of harm’s away, as Hurricane Irene, a Category 1 storm packing 75 mile per hour winds and heavy rain. The outer bands of rain from Irene are expected to reach Connecticut by Saturday at 6 p.m. EDT.
Hurricane Irene New York Evacuation Zones

Hurricane Irene Path 2011 Causes First NYC Shutdown Ever [MAPS]

The path that Hurricane Irene, the first hurricane of the season, chose to take has caused the first-ever New York City shutdown. America's largest subway system and about five flights in the NYC area shut down around noon on Saturday, as Irene continues to churn near the East Coast.

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