Hurricane Sandy Shuts Wall Street and Much of East Coast

Today the main business news is what isn’t happening. As Hurricane Sandy, which might turn out to be a “Perfect Storm” or potentially a “Frankenstorm”, hits the East Coast today, the New York Stock Exchange is closed. Subways in New York City are closed. Reportedly Google and Facebook, among many other companies, have cancelled events. The United Nations, Broadway theaters, New Jersey casinos and schools up and down the East Coast are closed. There is a fear that major data centers could be affected and hurt commerce across the country. The Barack Obama and Mitt Romney presidential campaigns have been affected.

Widely reported quotes in the media include “It could be bad,” said U.S. Coast Guard Rear Adm. Steven Rattior, “or it could be devastation.” “The last time we saw anything like this was never,” Connecticut Gov. Dannel Malloy said Sunday. “I don’t know how to say it any clearer than that it is the largest threat to human life our state has experienced in anyone’s lifetime.” New Jersey Gov. Chris Christie: “Don’t be stupid. Get out!”

But you’re probably already inundated (no pun intended) with related news and there’s little for us to add. For some quick links, Google has set up a blog you can access here.

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