A think tank estimates that a widespread power outage cost the San Diego-area economy more than $100 million. The National University System Institute for Policy Research said Friday businesses lost about $70 million, largely because they had to close. Some …
The White House estimated on Monday that Hurricane Irene will cost federal taxpayers $1.5 billion in disaster relief, further ballooning a government account that was already the focus of fresh partisan friction between President Barack Obama and Congress. The preliminary …
A record 10 weather disasters in the U.S. have each caused at least $1 billion in damage: Hurricane Irene, Aug. 20-29. Damages and deaths are still being tallied, but estimates are running more than $7 billion and close to 50 …
The cost of the deadly sequence of earthquakes in the New Zealand city of Christchurch has gone up, and will now likely top $17 billion. New Zealand’s government on Tuesday more than doubled its initial liability estimate of $2.6 billion …
Woonsocket is seeking reimbursement for part of the cost of fighting a massive fire that destroyed the historic Alice Mill building last week. The Woonsocket Call reports that the costs include $38,660 in overtime, primarily for the Fire Department, as …
Accountants at the Securities and Exchange Commission (SEC) are recommending that medium-size public companies should not be exempted from a key auditing provision in the 2002 Sarbanes-Oxley Act, saying the benefits to investors outweigh the cost. In a new study …