New York state and New Jersey need at least $71.3 billion to recover from the devastation wrought by superstorm Sandy and prevent similar damage from future storms.
Hurricane Sandy made landfall in New Jersey on October 29, 2012, crashing against the coastline of New Jersey before barreling into New York City and most of the upper East coast.
The Business Continuity Institute has published a new report into supply chain resilience that finds that 73 percent of organizations recorded at least one supply chain disruption in 2011.
Catastrophe risk modeling firm EQECAT Inc. estimates $5 billion to $10 billion in insured losses and $10 billion to $20 billion in total economic damages from Hurricane Sandy.
Thousands of workers in South African platinum mines have joined illegal strikes recently, causing Anglo American Platinum to tell the mere 20 percent of workers who still clock in to stay home Tuesday.