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The Complicated Economic Impact Of Sandy

Sandy's economic cost won't be known for weeks or even months, but there are clear financial losers and some beneficiaries from the devastating storm. While airlines, many hotels and small businesses are clear losers, home improvement chains and construction crews will come out ahead. But overall, natural disasters are not good for the economy, despite the activity that rebuilding generates.

GM Quarterly Earnings Exceed Expectations

Even facing economic headwinds in Europe and South America, GM's quarterly earnings came in well above analysts' estimates, and its stock soared.

Japanese TV Maker Sharp Doubles Expected Net Loss

Japanese TV maker Sharp on Thursday doubled its expected net loss for the year to more than $5 billion. The company also raised concerns about its ability to survive on its own. The news comes a day after another Japanese tech giant, Panasonic, forecast a nearly $10 billion loss for the year.

Help Wanted In Switzerland: Hunting Tax Cheats

Switzerland, which is almost synonymous with secretive banking, is looking for more staff to handle a flood of new requests from other countries that are looking for tax cheats. Last year the number of inquiries from overseas tax authorities almost doubled, to more than 700.

The Robots Haven't Taken Over The Stock Market (Yet)

The market shutdown is a reminder that if human beings can't travel to Wall Street — the actual street, not the metaphor — the financial system can't function.

Coal Mine Inspection Sweep Targets Cause Of Black Lung

One of the 13 coal mines singled out by inspectors was once owned by Massey Energy, the company that owned the Upper Big Branch mine, the scene of a deadly 2010 explosion. Two others are owned by Murray Energy, whose Crandall Canyon coal mine experienced two collapses in 2007, killing nine miners and rescuers.