House Passes First Installment of Sandy Relief Aid

Jan. 4 (Bloomberg) -- The U.S. House passed the first installment of emergency disaster aid for victims of Hurricane Sandy. The 354-67 vote today allows the government flood insurance program to continue paying damage claims. The measure, raising the program’s borrowing authority by $9.7 billion, needed a two- thirds supermajority to pass under fast-track procedures. (Excerpts inclue remarks from New York Republican Peter King and New Jersey Democrat Frank Pallone. Source: Bloomberg)
Equity Valuations Lofty, Earnings Lousy: Morganlander
58:53 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
  • `Time Is of the Essence' for Greece to Reach Deal: Lew
  • A Penthouse Perspective on NYC Real Estate
  • Will the Comcast-Time Warner Cable Merger Ever Happen?