Saturday, March 22
Politics

Biden Affirms Evidence Backing Israel’s Denial of Causing Hospital Blast: Live News

Gov. Kathy Hochul of New York embarked Wednesday on an impromptu trip to Israel that she acknowledged would have no geopolitical impact on an escalating war 5,700 miles away from the state she leads.The point of her whirlwind excursion to Tel Aviv and Jerusalem, Ms. Hochul said, would be purely and powerfully symbolic, a bold gesture of support by the leader of a state that is home to the largest population of Jews outside of Israel.“There is a deep, direct connection between New York State and Israel that has always been there, a bond steeled over decades,” the governor, a Democrat, said in an interview at Kennedy Airport shortly before boarding a 10-hour commercial flight. “And it’s easy to go when the sun is shining and everything is fine.”“The community feels, in Israel and in New York...
Science and Technology

Tesla’s Price Cuts Lowered Its Profit

Tesla’s profit slumped in the third quarter after the carmaker cut prices to maintain its dominance of the market for electric vehicles.The company reported a net profit of $1.9 billion from July through September. That compared with $2.7 billion in the second quarter and $3.3 billion a year earlier.The company has slashed prices by around 25 percent in the United States during the last year, putting the priority on sales rather than profit. The least expensive version of Tesla’s best selling car, the Model Y sport utility vehicle, now starts at $44,000 before government incentives, or roughly as much as the comparable Toyota RAV4 Prime plug-in hybrid, which has an electric motor and a gasoline engine.Despite the cuts, Tesla’s share of the electric vehicle market in the United States slump...
Camilo Atala proposes that UN conversations on development financing should include access to banking services
Politics

Camilo Atala proposes that UN conversations on development financing should include access to banking services

Según Camilo Atala, presidente de  Grupo Financiero Ficohsa , mientras la Asamblea General de las Naciones Unidas se reúne en Nueva York para discutir el desarrollo global, los delegados no deben pasar por alto la importancia de los servicios financieros para las pequeñas empresas en las economías emergentes. . El contexto actual y la crisis migratoria Para Atala, es crucial que los participantes en el Diálogo de Alto Nivel sobre Financiamiento para el Desarrollo, convocado en la Asamblea General de las Naciones Unidas, sean plenamente conscientes de la creciente crisis migratoria global. Esta cuestión es particularmente urgente en la frontera sur de Estados Unidos, donde siguen llegando familias centroamericanas en grandes cantidades. En este sentido, la solución para frenar la migra...
Politics

Everton Sale Stalls Amid New Questions About 777 Partners

The proposed sale of the Premier League soccer team Everton F.C. to a Miami-based holding company has stalled because the firm, 777 Partners, has failed to provide audited financial statements to a British government regulator that must approve the deal.The regulator, the Financial Conduct Authority, delivered its request to 777 Partners this month, according to multiple people with direct knowledge of the approval process, who spoke on the condition of anonymity because they were not authorized to discuss it publicly. If the company does not provide the requested financials or an acceptable explanation, its proposed takeover of Everton — a deal involving hundreds of millions of dollars in assumed debt and a coveted place in the world’s richest soccer league — could fall apart.The missing ...
Economy

American Household Wealth Jumped in the Pandemic

American families saw the largest jump in their wealth on record between 2019 and 2022, according to Federal Reserve data released on Wednesday, as rising stock indexes, climbing home prices and repeated rounds of government stimulus left people’s finances healthier.Median net worth climbed by 37 percent over those three years after adjusting for inflation, the Fed’s Survey of Consumer Finances showed — the biggest jump in records stretching back to 1989. At the same time, median family income increased by 3 percent between 2018 and 2021 after subtracting out price increases.While income gains were most pronounced for the affluent, the data showed clearly that Americans made nearly across-the-board financial progress in the three years that include the pandemic. Savings rose. Credit card b...
Health

Fight Over Covid Lab Leak Stalls Virology Research

Questions about whether Covid leaked from a Chinese laboratory have cast a chill over American virus research, drying up funding for scientists who collect or alter dangerous pathogens and intensifying a debate over those practices.The pullback has transformed one of the most highly charged fields of medical science. While some believe such experiments could fend off the next pandemic, others worry that they are more likely to start one.At Pennsylvania State University, a proposal to infect ferrets with a mutant bird flu virus passed the federal government’s most rigorous biosafety review only to be rebuffed by the National Institutes of Health. Troy Sutton, the scientist behind the studies, said that health officials referred to the public controversy over the lab leak theory in advising ...
Politics

Harvard Students Doxxed After Writing Anti-Israel Letter

On a campus already bitterly divided, the statement poured acid all over Harvard Yard.A coalition of more than 30 student groups posted an open letter on the night of the Hamas attack, saying that Israel was “entirely responsible” for the violence that ended up leaving more than 1,400 dead, most of them civilians.The letter, posted on social media before the extent of the killings was known, did not include the names of individual students.But within days, students affiliated with those groups were being doxxed, their personal information posted online. Siblings back home were threatened. Wall Street executives demanded a list of student names to ban their hiring. And a truck with a digital billboard — paid for by a conservative group — circled Harvard Square, flashing student photos and n...
Science and Technology

Stanford Is Ranking Major A.I. Models on Transparency

How much do we know about A.I.?The answer, when it comes to the large language models that firms like OpenAI, Google and Meta have released over the past year: basically nothing.These firms generally don’t release information about what data was used to train their models, or what hardware they use to run them. There are no user manuals for A.I. systems, and no list of everything these systems are capable of doing, or what kinds of safety testing have gone into them. And while some A.I. models have been made open-source — meaning their code is given away for free — the public still doesn’t know much about the process of creating them, or what happens after they’re released.This week, Stanford researchers are unveiling a scoring system that they hope will change all of that.The system, know...
Politics

How Phoenix Fans Watch Their Teams May Change How You Watch Yours

Days after Mat Ishbia reached a deal in December to buy majority stakes in the N.B.A.’s Phoenix Suns and the Phoenix Mercury of the W.N.B.A., he met with top executives to learn more about the teams’ business operations, including how local fans were able to watch their games on TV.The executives detailed three possibilities going forward, including sticking with Diamond Sports Group, which owned the regional sports network that for more than a decade had held the rights to show the teams’ games. Diamond Sports was saddled with $8 billion in debts — it would file for bankruptcy protection in March — but it still wrote big checks worth millions of dollars a year.Mr. Ishbia, though, gravitated to the riskiest of the three options: ditching the regional sports network model that most teams fo...
Economy

For Bill Ford, ‘Every Negotiation Is a Roller Coaster’

As a 25-year-old junior executive at the car company that bears his last name, William Clay Ford Jr. had a bracing introduction to labor negotiations when a union official demanded that he stand up and vouch that he was made of the same stuff as his great-grandfather Henry Ford.Mr. Ford, now the company’s executive chairman, harked back to the moment in an interview this week about how he and his company are navigating one of their most difficult labor negotiations in decades.The United Automobile Workers union has shut down three Ford plants, including its largest, and other plants and distribution centers at General Motors and Stellantis, which owns Chrysler. The union’s new president, Shawn Fain, has said he is prepared to call workers out at more plants if his demands for big raises, b...