Page 22 - Power Problems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There. the bottom line for these companies, ownership in tepco is likely to be red until the power company can resolve the power problems at fukushima daiichi if tepco takes less than two months to contain the problem, the losses could be contained at $12 billion. if it takes six months t could take about $35 billion. if it takes two years, claims could cost about $120 billion. if has happened tepco would likely file for bankruptcy and share holders investments would be wiped out due to the massive cleanup costs. >> you talked about banking stocks, insurance stocks, but japanese auto stocks ar...

Devastation. and i'm a couple miles away from the water. so the water pushed miles inland and the people here are prepared for tsunami. this is something that they had always had in the back of their mind. they just never thought it would be of this force and come across so quickly. i'm just seeing one tiny snap shot of this community. as we get closer to the water we are expecting it in the houses and the people there to be far more devastated. if you look at the faces of these people, the people who live here, a day and a half after the tsunami they are simply shocked. they are shell shocked...

If you look at the faces of these people, the people who live here, a day and a half after the tsunami, they are simply shocked. they are shell shocked, because if you take a look at this devastation, you can certainly see why. what was a small fishing community, a farming community, a pretty nice suburban area, has truly been devastated here. further inland into sendai, the larger metropolis, that is, there are water problems, there are power problems. we're seeing very long lines of people just trying to get fresh water. schools have been turns into shelters. hospitals have been turned into ...

Electricity from nuclear reactors. >> right. so that's possibly what caused some of the power problems that caused issues in the stock market when traders were having issues just placing orders. none of that is important when you look at the pictures that you're seeing there on the right-hand side of your screen. >> not at all. >> that's the moment the earthquake struck in japan a few hours ago. >> tsunami warning sirens have been ringing along california's coast. meantime, their message, simply get to higher ground and get there now. tsunami waves could strike any moment. let's go to cnn's ca...

In ohio, filling local shelters. >> the house is about 40 degrees. and we expect it to get a whole lot colder so that's why we're here. >> reporter: nearly a foot of blinding snow broke records in oklahoma and toppled rooftops in connecticut and massachusetts. flying was no better. take a look at chicago o'hare, which went from a busy airspace to a virtual standstill. closed to all commercial flights, canceled until thursday. before this week chicago's schools hadn't been closed down because of weather since 1999. later today they will be shut down for a second straight day. rob and vinita? ...