Article updated: 11/2/2012 3:45 PM

Corporations just beginning to tally Sandy’s costs

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People withdraw money Friday from a mobile ATM machine set up in a van in Hoboken, N.J. The mobile ATM gives residents a chance to get cash in Hoboken, which is still blacked out following Superstorm Sandy.

Associated Press

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Corporate America is just starting to add up its losses from Superstorm Sandy, expected to be one of the most expensive storms in U.S. history. Delta Air Lines and Verizon were two of the first major companies to formally indicate the obvious, saying Friday that they will lose money because of the storm.