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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • August 27, 2011 03:43 PM UTC by Cheryl Casone

    Update: Fox Business LIVE 6pm ET Sunday

    As we continue to monitor the path of Hurricane Irene we have changed our broadcast plans.  We’ll be starting our live coverage two hours earlier.  As I wrote yesterday, and as I monitor the coverage now, there are a few key things I’ll be watching for as Irene heads north.  As of now there are power outages in North Carolina and Virginia as Irene is now moving out of the region.  There are some refinery disruptions reported from Conoco, Hess, and Sunoco but their outpout is relatively small and as of now doesn’t affect overall domestic levels for the U.S.

    When Fox Business goes to air Sunday evening many questions will be answered as to the size and speed of Hurricane Irene.  While the East Coast from the Carolinas to Massachusetts seems to be especially prepared, I can tell you from  years of covering storms like these….expect the unexpected.  Hurricanes can change track on a dime, and Fox Business will be live Sunday monitoring the storm.  There are concerns right now about the economic impact the storm could have on the U.S. due to the densely populated region Irene is taking aim at.  Many of the big insurance companies like Hartford Financial, Prudential, and Allstate will see a potential effect depending on what Irene does.  We’ll be looking at those stocks and more when U.S. Futures begin trading at 6pm ET Sunday.  I’m also watching some of the big energy names like Consolidated Edison and Public Service Enterprise Group who have already issued statements that Irene could create long power outages for their customers.  I’m also watching First Energy Corp which owns Jersey Central Power and Light.  One of the interesting and probably good things is that governors, mayors, and local authorities are getting ahead of the storm.  With a SOE already in place in several states, that gives them the leverage they need to ask for federal funds.  Obviously, the President is going to be monitoring that piece of the equation as well.  The United States learned many lessons from Katrina, and I’m sure no one wants to see that type of situation play out here in New York or elsewhere.  See you Sunday night, 8pmET, on the Fox Business Network.

john meyer

just like the fishermen who do not believe the govt science many do not believe the global warming science, let us have open discussion on this. john meyer tampa

September 1, 2011 at 12:58 pm

Bane

I was going to vote on CEO Pay, but could not find?? My opinion, Most on Wall Street, especially CEO's are paid in salary and Bonus 10 X's what they are worth. The same is true for many corporations. Anyone paid more than 1-2 million/yr. including stock options are overpaid! Show me someone like the Ford CEO who saved and turned Ford around and I have no problem with his pay.CEO's like J. Diamone-JP morgan, Goldman, Citi etc. aren't worth $300,000/yr.They are gov.-corp parasites.

August 31, 2011 at 1:00 pm

amad

ilove speak

August 30, 2011 at 6:08 pm

Ed Halo

Dear FOX/Cheryl Casone, What was the brand and color of the lipstick worn by Cheryl Casone on Sunday evening 28 August. Thank you Ed Halo

August 30, 2011 at 9:50 am

Robert Hickerson

CHERYL, We watched you on Sunday and it was better than the weather coverage. THanks for taking the time on Sunday. I surved a 5.8 earthquake and now Irene. BobH

August 29, 2011 at 6:38 pm

Judy Wyrick

Cheryl, I could not find a way to contact FOX News. Please, someone, tell me why every news media except FOX was in Israel to cover Glenn Beck's Restoring Courage. They didn't report on it, but they were there--some, I think, to see if Glenn would get shot. Fox Business seems always to try to inform us truthfully. Is FOX losing its courage to tell the truth? How can they just abandon Glenn?

August 29, 2011 at 11:53 am

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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