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In a statement Lautenberg said, "I will be traveling to my hometown of Paterson tomorrow to announce that I will not seek re-election in 2014."

The Carnival cruise line, the Triumph's journey, which began a week ago in Galveston, Texas, has had one calamity after another. It began by losing propulsion after an engine room fire on Sunday and was adrift off southern Mexico's Yucatan peninsula.

Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital will buy ketchup maker H.J. Heinz Company for $23.2 billion in cash