Business News: Insurance companies prepare for Sandy - KYTX CBS 19 Tyler Longview News Weather Sports

Business News: Insurance companies prepare for Sandy

Posted: Updated:

(CBS) - As tens of millions of Americans prepare for Hurricane Sandy's arrival, so are insurance companies. Teams are gathering farther inland, ready to begin answering claims once the massive storm clears out. But experts predict a large chunk of damage claims will be a result of flooding, which isn't generally covered by homeowners' policies.


(CBS) - Swiss banking giant UBS is reportedly expected to announce as many as 10-thousand job cuts this week. The financial times says the job losses would represent a sixth of the bank's global workforce. Analysts expect the layoffs to be announced Tuesday, when UBS releases its quarterly earnings report.


(CBS) - It's another big week for tech gadgets. Microsoft is expected to make an announcement on its Windows phone system. Google is holding an event regarding its Android system for mobile devices. Barnes & Noble will start shipping new Nook devices and Apple's new iPads, including a smaller one, will hit store shelves.


(CBS) - A big peanut harvest could result in cheaper peanut butter at the grocery store. Last year's drought prompted farmers to plant more peanuts. Good weather this year has resulted in a bumper crop. Experts say that means peanut butter prices could fall 10 percent or more.

  • Local NewsMore>>

  • Tyler Police Request Assistance Locating A Mentally Challenged Missing Juvenile

    Tyler Police Request Assistance Locating A Mentally Challenged Missing Juvenile

    Thursday, April 24 2014 6:55 PM EDT2014-04-24 22:55:31 GMT
    TYLER (KYTX)- Tyler Police are currently asking for assistance in trying to locate a mentally challenged 15 year black female.More >>
    TYLER (KYTX)- Tyler Police are currently asking for assistance in trying to locate a mentally challenged 15 year black female.More >>
  • Tyler Police searching for early morning robber

    Tyler Police searching for early morning robber

    Tyler Police searching for early morning robber

    Monday, April 21 2014 5:53 PM EDT2014-04-21 21:53:35 GMT
    Tyler Police need your help finding an early morning robbery suspect. A woman says a robber tackled her to the ground and stole her purse. More >>
    Tyler Police need your help finding an early morning robbery suspect. A woman says a robber tackled her to the ground and stole her purse. More >>
  • Cherokee County woman found dead in driveway, husband charged with murder

    Cherokee County woman found dead in driveway, husband charged with murder

    Monday, April 21 2014 5:31 PM EDT2014-04-21 21:31:33 GMT
    Cedric Dewayne ThompsonCedric Dewayne Thompson
    CHEROKEE CO. (KYTX) - On Sunday April 20, 2014 at approximately 9:35am Kayla Nicole Thompson (27 years of age) was found deceased in the driveway of her residence, located in the 1500 block of County Road 3201 just West of Lake Jacksonville.More >>
    CHEROKEE CO. (KYTX) - On Sunday April 20, 2014 at approximately 9:35am Kayla Nicole Thompson (27 years of age) was found deceased in the driveway of her residence, located in the 1500 block of County Road 3201 just West of Lake Jacksonville.More >>
Powered by WorldNow

CBS19, MYTX & KCEB
2211 ESE Loop 323
Tyler, TX 75701
Phone (903) 581-2211
Fax (903) 581-5769

Powered by WorldNow
All content © Copyright 2004 - 2014, WorldNow and KYTX, Owned and Operated by London Broadcasting Company.
All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.