Children's Bodies Recovered;Hurricane Sandy Telethon Tomorrow

The bodies of two New York brothers who went missing during Hurricane Sandy's onslaught were recovered Friday in a Staten Island marsh.The boys,ages two and four,were swept away from their mother's arms by the storm surge.The bodies of two elderly people were found nearby.
Many people were still missing three days after the storm slammed into the East Coast.The US death toll was at 88 as of sunset Friday.
This is why the evacuation orders were issued,said FEMA director Craig Fugate.The storm surge can literally destroy homes;it's not just a matter of water flowing through the streets.
The first search was for the injured and the trapped;the next will be to go back and look for those still missing,Mr.Fugate explained.
Five million people were still off the electric grid as of sunset.Temperatures will be below normal for several days,dipping to freezing or below at night.It could be weeks before all of the power is back on.FEMA is marshaling utility equipment and crews in the West and flying them to the East using military assets,Mr.Fugate added.
Relief efforts have been bitterly criticised by frustrated victims of the disaster.They felt a sense of abandonment.Search and rescue was the first priority,Mr.Fugate stated;getting assistance in was next.Nine million dollars have already been approved for those who lack flood insurance and the resources to rebuild.
Friday at 8pm Eastern,a relief telethon will be broadcast live on the networks of NBC Universal and on NBC.com."Hurricane Sandy:Coming Together" will be carried by NBC;Bravo;CNBC;E!;G4;MSNBC;Style;Syfy;The Weather Channel;and USA.The Weather Channel will also rebroadcast the event at 11pm Eastern.
The one hour broadcast will be hosted by Matt Lauer and feature appearances by Sting;Christina Aguilera;Bruce Springsteen;Jon Bon Jovi;Billy Joel and others.It will benefit the American Red Cross efforts to provide food,water,shelter and counseling to Sandy victims.

Biotech Drug May Halt Brain Tumors

A small drug trial conducted by Duke University indicates that Avastin,now approved for the treatment of lung,breast and colon cancer,may lengthen the lives of some brain cancer patients.Avastin works by blocking the nutrients and oxygen which sustain malignant tumors.Eighty percent of the 35 patients in the trial experienced a doubling of expected survival to at least six months,while 50% of them had a halting of new tumor growth.In at least one case,complete remission occurred.Typically,patients with the type of cancer,glioblastoma,live only three months with conventional chemotherapy.The combination of Avastin with another drug,irinotecan,must be further evaluated in a larger trial to get approval.If it does,more insurance companies will cover the treatment.Avastin is produced by Genentech,a San Francisco Bay area biotech firm.The drug is extremely expensive,running into six figures for a full course of treatment.Genentech(DNA) sometimes provides free drugs or caps treatment costs.The company's stock has been battered by Wall Street analysts,who obsessively track the career of every medication.The slightest setback for one drug reinforces the stock's range-bound status.Ultimately,this can mean fewer dollars supporting the firm's critical research,as investors are scared away.Nonetheless,many analysts consider Genentech a good long-term investment.It has a long list of drugs and prospects in various stages of development and approval.Another company with a battered stock,Rite Aid Corporation(RAD),has been living up to its name.The Camp Hill,Pennsylvania pharmacy chain provided free sunscreen,lip balm and hand sanitizers to victims of the Southern California wildfires.It also donated 100,000 dollars to the American Red Cross for the victims.Along with other retailers,Rite Aid has heavily promoted a wide range of Halloween merchandise this year,while inserting a number of Christmas items in this week's circular as well.Rite Aid,which is led by CEO Mary Sammons,is dealing with its recent acquisition of Eckerd and Brooks drugstores.