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welcome to cbs this morning. as daylight arrives on the west coast, much of the east coast is getting to see the full devastation of super storm sandy. the massive storm is blamed for at least 18 deaths at least 7.5 million utility customers have lost power in 16 states and washington, d.c. it is estimated that sandy has cause edd $10 to $20 billion in damage, making it one of the most expensive storms in america american history. financial markets are closed again because of the storm. here in new york city, the subway system could be closed for days because of historic flooding. our correspondents are on the ground across the east covering the impact of superstorm sandy. we begin our coverage in hard-hit new york city. president obama has just declared a state of emergency in new york and new jersey. jim axelrod is at battery park in manhattan, which was inundated with water. jim, good morning. reporter: good morning, charlie. high tide has come here. at leas ....
ready for volunteers to carve. we had a blast in for what we were doing. it makes me feel needed. sorry, my mascara is running. i was cutting onions. reporter: the man behind this meal is reverend cecil williams. he says there s always a need to help the needy. what are some of the challenges every year? some of the challenges have to do with how we can say to the world how hunger can be eliminated and it takes all of us and not just a few to say we are going to turn this upside down and here we are. reporter: the mayor and only ed lee also showed up to volunteer. he says there is a lot to be thankful for this holiday season. thank you for joining over 1000 volunteers who are expressing their love for the city and the people. painful we have a strong economy . reporter: how big was this even? it serves 2500 people. it is by far its biggest task of the year. this is will tran, kron 4 news. today is a day of annual traditions. starting early this morni ....
gathering last night with food that we are told was not cooked there. a smoke alamb went off in the basement around 5:00 a.m. as for the rapid advance of the fire a lot of timbers dry and old, a lot of draperies inside that added to the fire. the engineers have been trying to determine if the building can be saved. i m ready to cry. reporter: and those permit violations, according to a source, could have included work on electrical junction boxes back in april and a little bit later into the spring before the stop work order was issued by the town of west orange. now that is all one reason why investigators do believe that it is possible that it could have been electrical in nature for this fire. live in west orange, i m brian thompson, news4 new york. a brooklyn man is dead after a fire in his bedford sty firefighters responded to jefferson avenue around 2:30 this afternoon. the firefighters rescued two other adults trapped inside. the investigators call th ....
quarter declined because people assumed health care was going to create a delay. without further delay, let s go to scarlet on home depot. the earnings just came out, a beat, second-quarter earnings per share of $1.52. expectedthan bottom-line number. sales topping estimates as well. depot confirms its full-year sales forecast. adding to its buyback program, overbillion share buyback the remainder of this year. he moved to engineer a higher earnings per share number continues. with adam parker joining us in the next hour from morgan stanley, use of cash. the pressure to deploy cash. you see that in the bhp billiton restructuring. what are we going to do to distribute cash to shareholders. .838 on the the 16 dow. a distinction between home depot and lowe s, the bloomberg industries team pointed out sales will likely come in stronger. an estimateds 4.4%. home depot doing it more effectively than lows. medtronic and t tj maxx report earnings as well today. hasuple it ....
that starts on the steps of city hall in the office of the mayor. we speak to a retired nypd detective about the killings, the recent protests against police brutality and police-community relations. then to the hacking of sony films. i don t think it was an act of war, i think it was cybervandalism that was very costly and expensive. we take it very seriously. we will respond proportionately. the united states is accusing north korea of hacking into sony pictures prompting sony to withdraw its comedy, the interview, about fictional assassination of north korean leader kim jong-un. as the u.s. is now considering putting north korea back on the list of state sponsors of terrorism, many cyber experts question if north korea could have pulled off the massive hacking operation. all that and more, coming up. welcome to democracy now, democracynow.org, the war and peace report. i m amy goodman. new york city is grappling with the aftermath of the first targeted killin ....