The widespread devastation wreaked by Hurricane Sandy is only the latest warning that we must prepare and plan for more extreme weather events. The storm surge and flooding associated with the storm highlight some of the risks that a changing climate … Mondelez to close Toronto bakery next year, 550 jobs hit
TORONTO (Reuters) – Mondelez International Inc’s Canadian division said on Thursday it plans to shut down a Toronto bakery in the third quarter of 2013. The facility, which has produced cookies and crackers since 1948, employs about 550 people. The company said some production will shift to facilities in Toronto and Montreal. Mondelez is the snack business that remained after then-Kraft Foods Inc spun its North American grocery business off into Kraft Foods Group Inc in October. …
Syria rebels kill 78 soldiers, attack checkpoints
Syrian rebels killed 78 soldiers on Thursday, about half of them in attacks on military checkpoints in the north just hours after a wave of bombings hit the Damascus area, activists said. UK comedian arrested by sex scandal detectives
The child abuse scandal consuming the legacy of the late entertainer Jimmy Savile netted its second celebrity arrest Thursday as police swooped in on British comedian Freddie Starr, media reported. Executors of Savile's estate also said they were freezing his assets, clearing the way for a host of potential lawsuits. Workers at Bombardier commuter rail plant go on strike
(Reuters) – Some 330 workers at a Quebec-based rail-car factory belonging to Bombardier Inc, the world’s biggest train-maker, went on strike on Thursday over outsourcing and pension fund issues, the company and union said. No further talks are scheduled, leaving all output halted at the plant, which makes parts for rail cars ordered by customers including New Jersey Transit and the Chicago Transit Authority. Bombardier spokesman Marc Laforge said the company was in contact with customers to reassure them about their orders, which are mostly for inventory. …
AIG reports profit on higher prices, investment gains
(Reuters) – American International Group Inc earned a bigger-than-expected profit during the third quarter, as higher prices in the insurer's property-casualty division and gains on investments in its life and retirement division led to a sharp rise in operating income. AIG reported earnings of $1.9 billion, or $1.13 per share, for the period, compared with a loss of nearly $3 billion, or $2.10 per share, in the year-ago quarter. Analysts had expected AIG to earn 86 cents per share, on average, according to Thomson Reuters I/B/E/S. (Reporting By Lauren Tara LaCapra) Cruise passengers diverted to Boston after superstorm grateful to step foot on land again
BOSTON – Some spent the time gambling or drinking, but others were vomiting in hallways.
Chesapeake Energy has quarterly net loss on writedowns
(Reuters) – Chesapeake Energy Corp on Thursday reported a net loss compared with a year-ago profit, as low natural gas prices prompted the U.S. oil and gas company to write down the value of some assets. The loss in the third quarter was $2.1 billio n, or $3.19 cents per share, compared with a profit of $879 million, or $1.23 cents per share a year earlier. (Reporting By Anna Driver; Editing by David Gregorio) 
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