MANAGEMENT

According to state officials, about 444,000 households remain without power and at least seven people have been killed because of the storm.

Hurricane Irene's rampage through 10 states caused an estimated $7 billion to $13 billion in damage from violent winds and flooding, and left almost 6 million homes and businesses without power.

Hurricane Irene shut down the neon lights on Broadway, and substantially reduced commercial activity over the weekend -- including canceling thousands of flights, but the storm's economic damage will likely be far less than originally predicted. In particular, New Yorkers, for the most part, feel like they were spared.

Dozens of homes in the Diamond State were damaged or destroyed by fierce winds; while many roads remain impassable due to fallen tree limbs and power lines.

European shares gained in early trading Monday morning, tracking a late rally in Wall Street Friday, after Federal Reserve Chairman Ben Bernanke raised hopes for more economic stimulus.

U.S. President Barack Obama on Sunday warned that flooding from Hurricane Irene could worsen as rivers flood their banks and said federal recovery efforts would last a few weeks.

In Washington, Federal Emergency Management Agency (FEMA) officials said it would take several days to begin complete cost estimates of damage caused by the storm, and to determine how long it will take be before transportation systems in the East Coast Boston-New York-Philadelphia-Washington corridor will be back to full service.

At least five storm-related deaths have been recorded in the state.

Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. But further south, states were not so lucky. Power is out in many places and transportation is still hampered across much of the East Coast, and with major airport hubs downed, the ripple is affecting most of the world. Now focus turns to restoration and recovery as the weekend rolls in the business week. Join IBT staff as we live blog the recovery efforts and continued devel...

Even as rains and wind from Hurricane Irene's path began to lash the coast of North Carolina Friday, much of the Eastern seaboard braced for the massive storm as it targeted such major cities as New York and Boston Sunday morning.

Massachusetts residents were spared the bulk of the wrath of Hurricane Irene, as it was downgraded to a tropical storm Sunday morning as it entered the Bay State. Nevertheless, the storm uprooted hundreds if not thousands of trees and power lines, and caused extensive flooding.

The storm is not over, yet.

More than three million residents along the U.S. East Coast are left without power Sunday as Hurricane Irene cut a damaging path. Eleven lives have also been claimed in the storm.

President Barack Obama held a conference call on Saturday evening as Hurricane Irene pounded the U.S. East Coast and scoured north toward New York.

While Hurricane Irene was downgraded to a tropical storm Sunday morning, it hit New York City and New Jersey with wind, rain and flooding waters.

President Barack Obama kept a close eye on Hurricane Irene as it charged north along the East Coast on Saturday by visiting the Federal Emergency Management Agency and receiving an evening briefing from top officials.

President Barack Obama visited Federal Emergency Management Agency headquarters on Saturday to get an update on preparations for Hurricane Irene as it charged north along the U.S. East Coast.

The gap between two traditional rivals will be scrutinized at Old Trafford as Manchester United host Arsenal on Sunday.

Chinese authorities seem to waging a war on pop music. The Ministry of Culture has handed music download Web sites a blacklist of 100 so-called offending songs that the sites must remove as they pose a threat to China's national cultural security, say reports.

Hurricane Irene is expected to to make uninvited ports-of-call to Washington, Baltimore, Philadelphia, and New York this weekend. President Barack Obama is leading the federal response effort and says the U.S. Government is prepared to meet the enormous human, resource, and infrastructure needs that the storm is likely to trigger.

A federal scientist returned to work on Friday after his agency lifted a suspension that went on for six weeks.