Tons of salt on hand. Reporter according to the long island power authority, the storm has the potential to cause Power Outages for 100,000 customers on long island. And for the first time ever, lipa is deferring storm operations and response to its subcontractor, national grid. But in manhattan today, it was mostly business as usual, although many workers did try to leave early to beat the snow. And if the snowfall is anywhere close to the storm of 78, youll see the impact in Economic Data in the weeks ahead. Usually major storms cause increased volatility in Economic Data. So, that jobless claims jump significantly in the beginning as government offices close, because of the storm. And they surge back up after the offices reopened. Reporter if theres a Silver Lining in this storm, its the timing. The heaviest snowfall will happen over the weekend. And the cleanup is expected well before valentines day, which contributes 18 billion to the economy. Erika miller, n. B. R. , new york. Su
Spring . But because its a great example of a new way to invest, wafu is a rapidly expanding canadian company, a startup. You could buy a be thele, but ls you can click to invest. If you think the salad days are ahead for wafu, they are taking on and accredited investors. The money is handled bay middle man, the San Francisco company itself is startup works with all kinds of Consumer Products helping them raise funds. Ryan callbeck is the circle up founder and ceo among the companies hes helped, little duck organics, totally bananas, and bobby sues nets, joined by quinnton hardy of the new york times, i have to tell you right away, ive noticed a great number of the companies that are working with you are food. Small, organic, sort of food. Is there a reason for that that Food Companies are particularly attracted to this method of raising money . Its about 40 of what we do. We just focus on consumer and retail companies. Thats all we do. And food is about 40 why . Its because, we think
Some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. In parts of the northeast, transportation was shut down. The governors of massachusetts and connecticut declared a state of emergency and banned car travel, Train Service and cancelled flights in and out of boston. While the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. Erika miller reports. Reporter this monstrous storm is already being compared to the great blizzard of 78, when vast amounts of snow blanketed the ohio valley and the great lakes. That storm lasted 36 hours, leaving cars stranded. This storm could also be historic. Weather forecasters predict it will leave up to three feet of snow in a wide swath stretching from new york to boston. Preparations are well underway. Airlines cancelled nearly 4,500 flights, leaving many travelers stranded. Here at laguardia, as you can see, our Port Authority men and wome
Tons of salt on hand. Reporter according to the long island power authority, the storm has the potential to cause Power Outages for 100,000 customers on long island. And for the first time ever, lipa is deferring storm operations and response to its subcontractor, national grid. But in manhattan today, it was mostly business as usual, although many workers did try to leave early to beat the snow. And if the snowfall is anywhere close to the storm of 78, youll see the impact in Economic Data in the weeks ahead. Usually major storms cause increased volatility in Economic Data. So, that jobless claims jump significantly in the beginning as government offices close, because of the storm. And they surge back up after the offices reopened. Reporter if theres a Silver Lining in this storm, its the timing. The heaviest snowfall will happen over the weekend. And the cleanup is expected well before valentines day, which contributes 18 billion to the economy. Erika miller, n. B. R. , new york. Su
Snow storm that could cripple the east coast. Some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. In parts of the northeast, transportation was shut down. The governors of massachusetts and connecticut declared a state of emergency and banned car travel, Train Service and cancelled flights in and out of boston. While the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. Erika miller reports. Reporter this monstrous storm is already being compared to the great blizzard of 78, when vast amounts of snow blanketed the ohio valley and the great lakes. That storm lasted 36 hours, leaving cars stranded. This storm could also be historic. Weather forecasters predict it will leave up to three feet of snow in a wide swath stretching from new york to boston. Preparations are well underway. Airlines cancelled nearly 4,500 flights, leaving many travelers stranded. Here at laguardia, a