Initial estimates forecast that damages and lost business from Sandy could top $30 billion. The state of the New York City subway system will be a critical factor. And many businesses are suffering because they are not insured for sustained business losses due to a weather catastrophe.
The Walt Disney Co. has announced that it is buying Lucasfilm, reportedly paying more than $4 billion in stock and cash for the studio founded and owned by George Lucas. Disney says it will release a new Star Wars movie in 2015.
The total amount of spending on Halloween this year is expected to reach $8 billion, according to the National Retail Federation. Some trends include Victorian corsets, group costumes, and fancy dress for pets.
The National Hockey League has now canceled all games through the end of November, as team owners lock out players in a labor dispute. In the meantime, there are many businesses and workers who count on hockey games to help make ends meet. But they are now trying to make due without.
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