This Is the Explosion That Blacked Out Lower NYC

An explosion rocked a power substation yesterday belonging to Consolidated Edison Inc., New York City's utility, near East 14th Street as Sandy, the Atlantic Ocean superstorm, combined hours of pounding wind and rain and left parts of Manhattan without power.
China Official PMI Slips to a Five-Month Low
10:48 - China’s factory floor is falling victim to the wider economic slowdown. Official PMI numbers released over the weekend show the gauge slipped to a five-month low. It’s a sign that months of easing monetary policy are yet to have the desired effect. Bloomberg’s Enda Curran reports on “First Up.” (Source: Bloomberg)
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