David Owen News
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One slice of Hurricane Sandy’s $80 billion in economic damages was $3.3 billion just to repair the New York-New Jersey electrical grid -- a casualty that’s inspiring utilities to re-engineer their disaster plans.
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JPMorgan Chase & Co. named David Owen to be chief financial officer of the firm’s consumer and community banking unit, after predecessor Marianne Lake was promoted as part of a management overhaul.
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Yes, yes, it’s unsophisticated to blame any given storm on climate change. Men and women in white lab coats tell us -- and they’re right -- that many factors contribute to each severe weather episode. Climate deniers exploit scientific complexity to avoid any discussion at all.
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A terrorist attack on the U.S. power grid could be more destructive than superstorm Sandy, possibly costing hundreds of billions of dollars and leading to thousands of deaths, the National Academy of Sciences said.
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Bank of America Corp. has a novel way to lure more customers: Free checking accounts for folks who never again enter the bank.
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The first rule of ELA is you don’t talk about ELA.
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The International Monetary Fund said Georgia’s central bank may have to raise interest rates further after inflation accelerated to 13.9 percent in March.
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Germany’s economic expansion is increasingly home-grown.
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The European Central Bank risks posting a loss for this year as its emergency bond purchases surpass its level of reserves, Jeffries International Ltd. said.
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Chancellor Angela Merkel hosts President Francois Hollande today as officials look for ways to stave off an immediate crisis after a report due next month from Greece’s international creditors on the health of its finances.
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