NYCB Reports $2.4 Billion More in Losses as CEO Resigns
Fri, 03/01/2024 - 06:24
The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material weaknesses” in its internal controls.
How Cable News Handled Biden and Trump at the Southern Border
Fri, 03/01/2024 - 05:46
Fox News and CNN aired both men’s remarks in full; MSNBC carried neither one live.
Disney Heirs Line Up Against Nelson Peltz and Activist Investors
Fri, 03/01/2024 - 03:30
Nine grandchildren of Walt and Roy Disney expressed support for Bob Iger and the company’s board, and criticized Nelson Peltz and others circling Disney.
Alcohol-Related Deaths Surge to Nearly 500 a Day, CDC Says
Fri, 03/01/2024 - 02:32
Spikes of fatalities linked to drinking that began with the Covid pandemic were not an anomaly. An estimated 178,000 people died in 2021 from similar causes.
Oprah to Leave Weight Watchers Board
Fri, 03/01/2024 - 02:10
The company announced the departure of its most famous spokeswoman in a corporate filing that sent the stock into a tailspin.
U.S. Proposes New Rules to Ease Flying for Travelers in Wheelchairs
Fri, 03/01/2024 - 02:03
The Transportation Department said the proposed regulations would make it easier to hold airlines accountable for mishandling passengers’ wheelchairs.
The U.S. Economy Is Surpassing Expectations. Immigration Is One Reason.
Fri, 03/01/2024 - 01:55
Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.
The Fed’s Preferred Inflation Measure Moderated in January
Fri, 03/01/2024 - 00:37
The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher.
A.I. Frenzy Complicates Efforts to Keep Power-Hungry Data Sites Green
Thu, 02/29/2024 - 22:25
Artificial intelligence’s booming growth is radically reshaping an already red-hot data center market, raising questions about whether these sites can be operated sustainably.
Nursing Home Staffing Shortages and Other Problems Still Persist
Thu, 02/29/2024 - 21:29
Infection control lapses, severe staffing shortages and lowering vaccination rates have continued to plague many facilities beyond the pandemic.
Biden Calls Chinese Electric Vehicles a Security Threat
Thu, 02/29/2024 - 20:14
The president ordered an investigation into auto technology that could track U.S. drivers, part of a broader effort to stop E.V. and other smart-car imports from China.
OpenAI and Sam Altman Face More Scrutiny
Thu, 02/29/2024 - 18:51
The high-flying A.I. start-up and its C.E.O. are under regulatory scrutiny, and that could stall their ambitions.
Auto Insurance Spike Hampers the Inflation Fight
Thu, 02/29/2024 - 15:34
Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall.
China Has Thousands of Navalnys, Hidden From the Public
Thu, 02/29/2024 - 10:30
China has no dissident with the kind of public profile that Aleksei A. Navalny had. The government has many critics, but they all disappear from view.
Boeing Faces Justice Dept. Review Over Max 9 Incident
Thu, 02/29/2024 - 07:24
The department is looking into whether the blowout of a door panel in January violated a 2021 settlement after two fatal plane crashes.
Dan Lin Is Named Netflix’s Top Movie Executive
Thu, 02/29/2024 - 00:44
The producer behind the streaming company’s new live-actor remake of “Avatar: The Last Airbender” will replace Scott Stuber.
Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits
Thu, 02/29/2024 - 00:33
The nonprofit had a budget shortfall of roughly $2.5 million last year amid a difficult market for fund-raising.
Inquiry Into Ouster of OpenAI’s Chief Executive Nears End
Thu, 02/29/2024 - 00:28
WilmerHale, the law firm investigating Sam Altman, could present its findings to the company’s board as soon as next month. Mr. Altman was reinstated as chief executive.
Donna Summer’s Estate Sues Ye for Sampling ‘I Feel Love’
Thu, 02/29/2024 - 00:19
The estate said it had denied a clearance request by Ty Dolla Sign and the rapper once known as Kanye West, who then used the song on their new album, “Vultures 1.”
FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues
Wed, 02/28/2024 - 23:53
The announcement came after the agency’s administrator met on Tuesday with Boeing officials, including the company’s chief executive, to discuss safety.