Hurricane Katrina, 2005
The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) and the Internal Revenue Service (IRS) have announced an extension of various deadlines to help workers and employers affected by Hurricane Katrina make critical health coverage decisions. This relief provides additional time to comply with certain deadlines
Hurricane Katrina, 2005
In the aftermath of Hurricane Katrina, it became painfully clear that the civilian emergency response system had failed to provide adequate relief to affected communities. The contrast between the hapless performance of FEMA chief Michael Brown and the swift action of military personnel, such as Coast Guard Vice Adm. Thad
Hurricane Katrina, 2005
Oil giant BP has announced a significant hit to its third-quarter profit due to the damage caused by Hurricanes Katrina and Rita. The storms have resulted in a loss of $700 million, indicating a larger impact on oil production than initially estimated. BP's production fell by 145,000
Hurricane Katrina, 2005
Tetra Technologies, Inc. is a specialized service company that has benefited from rising oil and gas exploration, handling well abandonment, removing oil rig platforms and offshore pipelines, and selling drilling fluids to boost output. Despite being prone to cyclical results, the company has reported annual sales growth in seven of
Hurricane Katrina, 2005
The rental motor home industry is experiencing an unprecedented surge in demand due to the aftermath of hurricanes Katrina and Rita. Major corporations, including Walgreens and CNN, are renting motor homes from as far as Alaska, Canada, and New York to house emergency workers and alleviate the corporate housing shortage
Hurricane Katrina, 2005
Hurricane Rita's devastating storm surge has left a trail of destruction in its wake, especially in Terrebonne Parish, Louisiana. With 110,000 residents, the parish's economy relies heavily on fishing and oil industries, which have been severely impacted by the disaster. Residents have returned to their
Hurricane Katrina, 2005
Three weeks after Hurricane Katrina struck New Orleans, federal and local officials are at odds over when residents should return to the storm-ravaged city. Evacuees are receiving conflicting advice from New Orleans Mayor Ray Nagin and Coast Guard Vice Adm. Thad Allen, the federal official heading the city's
Hurricane Katrina, 2005
In the wake of Hurricane Katrina, the Federal Communications Commission (FCC) has outlined a comprehensive plan to provide relief to affected areas and bolster its emergency preparedness and response capabilities. FCC Chairman Kevin J. Martin has proposed the allocation of approximately $211 million in special Universal Service Fund (USF) grants,
Hurricane Katrina, 2005
As Hurricane Katrina left a trail of devastation in its wake, hundreds of thousands of people were left to fend for themselves, including middle-class families like Patty Rome and Rick Pfalzgraf, who were forced to flee their home in St. Bernard Parish outside New Orleans. Despite the government's
Hurricane Katrina, 2005
As the devastating effects of Hurricane Katrina continue to unfold along the Gulf Coast, satellite companies are playing a crucial role in supporting disaster recovery efforts. From providing emergency communication services to deploying mobile satellite terminals, these companies are leveraging their technology and resources to help those in need. Key
Hurricane Katrina, 2005
Hurricane Katrina's destruction is causing significant financial losses for BellSouth, with the company's chief financial officer, Ron Dykes, estimating $400 million to $600 million in damages. However, some securities analysts believe the hit could be even worse, with estimates ranging from $1 billion to several billion
Hurricane Katrina, 2005
Sempra Energy and its employees have made a commitment to provide up to $600,000 in disaster-relief assistance to areas affected by Hurricane Katrina. The company's San Diego Gas & Electric and Southern California Gas Company subsidiaries are also offering electric recovery help and earth-moving equipment through a
