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Nov 8, 2012

New tax relief for Sandy victims and volunteers

NEW YORK, Nov 8 (Reuters) – The hard-hit victims of
superstorm Sandy have received donations of blankets, cleaning
supplies and diapers. Now there may be more aid flowing their
way: tax help.

Taking some lessons from the hardship faced by the thousands
of people displaced by Hurricane Katrina in 2005, the U.S.
Internal Revenue Service and the Treasury Department have come
up with ways to ease the upcoming tax burden.

Nov 2, 2012

Post-storm anger grows, especially outside Manhattan

NEW YORK (Reuters) – Frustration grew for superstorm Sandy’s victims in the U.S. Northeast on Friday, many of whom were left with no power, no gasoline and little information about when their shattered lives might return to normal.

While Manhattan prepared to host the annual New York City Marathon on Sunday, acute gasoline shortages in the city’s storm-battered outer boroughs and New Jersey led to long lines and short tempers.

Nov 1, 2012

Ice cream puddle, rice cake goop; Sandy slams a small NJ business

NEW YORK, Nov 1 (Reuters) – Yoshiaki Yuyama entered freezer
No. 5 for the first time on Thursday, hoping the tight doors had
spared some $9000 worth of mochi ice cream in his Fairview, New
Jersey, factory after Hurricane Sandy destroyed power and
flooded the building.

He had been without power for more than 48 hours

Breath steaming in the cold air, Yuyama and his manager
Yasuhisa Tanaka, ripped open one of 300 boxes, each holding 96
tennis-ball sized ice-cream balls wrapped in sweet pounded rice
called mochi.

Oct 30, 2012

Tidal surge on river floods three New Jersey towns

TETERBORO, New Jersey (Reuters) – A wall of water, at times greater than 5 feet high, swept through three towns in northern New Jersey early Tuesday, a parting shot from Hurricane Sandy that prompted the evacuation of a few thousand people from their homes.

The tidal surge up the swollen Hackensack River started just after midnight, and there was little time for the unprepared towns of Little Ferry, Moonachie and Carlstadt to rouse their roughly 19,000 residents and urge them to seek higher ground.

Oct 9, 2012

The doctor (in the next cubicle) will see you now

NEW YORK (Reuters) – So much for the “I have a doctor’s appointment” excuse when seeking a three-hour lunch break from work.

U.S. companies as diverse as chipmaker Intel Corp and printer Quad/Graphics Inc have opened in-house health clinics with doctors, nurses and even dentists to diagnose suspicious symptoms, write prescriptions and more. Most recently, they are adding services to manage chronic conditions such as diabetes.

Jun 12, 2012

U.S. directors jittery about pay committee post

NEW YORK, June 12 (Reuters) – Company directors in the
United States have a new monster under the bed.

A seat on the audit committee was once considered the
riskiest role for corporate directors, but the recent focus on
executive pay has put an uncomfortable spotlight – along with
some nasty lawsuits – on the group that oversees compensation.

Mar 12, 2012

Lipper winners buck expectations, stereotypes

NEW YORK (Reuters) – Mutual funds that rose to the top of the 2012 Lipper U.S. Fund rankings overcame a tumultuous and eventful year that had investors – and their advisers – on the edge of their seats.

The European debt crisis, devastating Japanese earthquake, near-shutdown of U.S. government and a wave of revolutions in the Middle East and Africa were only a few of the shocks that slammed global and U.S. markets.

Feb 8, 2012

Better than a mattress: money fund tips

By Chelsea Emery

(Reuters) – Money market mutual funds have always been considered the go-to place for savers looking to stash a few thousand dollars in cash. The accounts typically offered higher yields than traditional bank savings accounts, and, with a solid $1-a-share value, are considered a safe haven.

But with plummeting interest rates — now averaging a dismal low of 0.02 percent on taxable money market accounts, according to — and worries about the future of these funds in the post-credit-crisis economy, it’s time to consider alternatives. That’s especially the case since they are not insured by the Federal Deposit Insurance Corp.

Nov 3, 2011

Book Talk: Inside the angry mind of an anarchist

NEW YORK (Reuters) – The sweet smell of mint opens “The Oregon Experiment” but it is the acrid fumes of gasoline which pervade and ignite Keith Scribner’s new book.

The novel brings together a young and angry anarchist named Clay with Scanlon Pratt, a professor of radical politics, and his wife Naomi, a professional “nose” who has lost her sense of smell.

Aug 4, 2011

New memoir navigates rural China’s social minefields

NEW YORK (Reuters) – Galvanized by the September 11 attacks on the United States, Michael Levy joined the Peace Corps and found himself on a plane for central China.

His misconceptions about Chinese people, and his vegetarianism, fell by the wayside as he labored to learn the local dialect and stay open-minded when asked to try unusual foods such as millipedes.

    • About Chelsea

      "Chelsea Emery joined Reuters in 2001. She wrote the daily stock market story during the era. She then moved to the aerospace desk to follow defense contractors during the Iraq war. When the U.S. economy began to crumble in 2008, Emery reported on corporate bankruptcy and restructuring for companies including Lehman Brothers and General Motors. While currently an editor, Emery continues to write chef and author profiles for the Reuters Life! wire. Emery is originally from Oregon. She has lived in Japan, Ireland and Hong Kong. She speaks Japanese and Spanish."
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