Hurricane Sandy and the Disaster-Preparedness Economy

Jeffrey Phelps for The New York TimesAn assembly line at a Generac Power Systems plant. Generac makes residential generators, coveted items in the wake of Hurricane Sandy. FOLKS here don’t wish disaster on their fellow Americans. They didn’t pray for Hurricane Sandy to come grinding up the East Coast, tearing lives apart and plunging millions into darkness. But the fact is, disasters are good...

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Citing Affair, Petraeus Resigns as C.I.A. Director

The sudden development came just days after President Obama won re-election to a second term. Mr. Petraeus, a highly decorated general who had led the wars in Iraq and Afghanistan, had been expected to remain in the president’s administration. Instead, Mr. Petraeus said in the statement that the president accepted his resignation on Friday after he had informed him of his indiscretion a day...

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Lakers fire coach Mike Brown after 1-4 start

LOS ANGELES (AP) — The Los Angeles Lakers fired coach Mike Brown on Friday after a 1-4 start to his second season in charge.Lakers general manager Mitch Kupchak announced the surprising move several hours before they hosted Golden State. Assistant coach Bernie Bickerstaff will coach the Lakers against the Warriors while the club's top brass searches for Brown's replacement after just 18 months in...

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Advertising: Help Remedies Tries to Cure Ailments in Small Doses

DISAPPOINTED voters, runners with blisters and headache sufferers alike are getting some unexpected relief from a pop-up pharmacy that opened this week in the nation’s capital. The “help shop,” which offers low-dose drugs for everyday woes, is the idea of Help Remedies, a start-up company that sells minimalist white packets directed at single medical issues like nausea, headache or insomnia....

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Your Money: After the Storm: Managing Your Homeowner’s Claim

Tom Mihalek/ReutersMark Baronowski shoveled sand from the living room of a beach front property in Bay Head, N.J., last week. Many victims of Hurricane Sandy are novices when it comes to catastrophic insurance claims. There is a sort of honeymoon period that occurs after a big storm like Hurricane Sandy, when insurance executives appear on the local news offering reassuring words. Their brightly...

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A Transfer of Power Begins in China

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Exclusive: Google Ventures beefs up fund size to $300 million a year

SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds. Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions...

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College hoops season starts with a military flair

The college basketball season gets under way Friday with a game at a Europe military base, two more aboard Navy ships and another featuring a reshaped national champion playing in a brand new building.No. 14 Michigan State plays Connecticut, in its first game since the retirement of coach Jim Calhoun, at Ramstein Air Base in Kaiserslautern, Germany. It's the first game between Division I teams held...

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Doctor and Patient: Comparative Effectiveness Studies Lack Impact

“Comparative effectiveness” studies, which compare one treatment for a particular illness against another to determine which works better, have received a lot of attention and billions of dollars in federal support in the last few years. But when I mentioned comparative effectiveness research recently to a colleague who I know is particularly interested in treatments and the clinical trials behind...

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News Analysis: For Obama, Housing Policy Presents Second-Term Headaches

A second-term president may be just the person to tackle America’s housing problems.When President Obama first came into office, home prices were crashing, foreclosures were soaring and the previous Bush administration had just initiated the bailout of Fannie Mae and Freddie Mac, the government-backed entities that agree to repay mortgages if the original borrower defaults.With the market in shambles...

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