Monday, 25 May 2015
Last updated 3 days ago
Aug 30 2011 | 2:51pm ET
At least one hedge fund was more than slightly inconvenienced by Hurricane Irene, which struck the New York area on Sunday.
While the city was mostly spared the predicted destruction, its suburbs were hard-hit. Millions of customers in Connecticut, New Jersey, Long Island and Westchester County, home to many of the world's largest hedge funds, lost power; many are still without it.
One customer that lost power was Appaloosa Management; the firm was forced to move from its Millburn, N.J., headquarters after the storm cut its power, Reuters reports. It is unclear whether Appaloosa's lights had come back on, or, if not, when they will.
The hurricane also caused massive flooding, particularly in New Jersey, and disrupted transit in the whole of the New York City area.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…